A Study On Talent Management With Special Reference To JKM Tiles & Ceramics, Salem
A Study On Talent Management With Special Reference To JKM Tiles & Ceramics, Salem
A Study On Talent Management With Special Reference To JKM Tiles & Ceramics, Salem
“Talent acquisition, transformation and management are the critical anchors for the
growth of the industry”
-Nandan Nilekani
performance management
leadership development
recruiting
Companies that focus on developing their talent integrate plans and processes to track
and manage their employee talent, including the following:
Retention programs
Meaning of Talent
Ability, aptitude, bent, capacity, endowment, faculty, flair, forte, genius, gift, knack.
The pool of people with talent as described under the title "meaning of talent" is the
talent or human capital of any organization.
Organizations all over the world have realized that the success of their businesses
largely depend upon the talents of people.
These are those talents or talented people who possesses the talents as required by a
particular organization or those people who have shown promise to acquire the talents
needed by an organization and sharpen them further.
Retention management
Fast trackers
Averages
Misfits
Environment of excellence.
Freedom to work.
9. National Sector:
a). Share of Production: 40%
1.3 COMPANY PROFILE
JKM TILES & CERAMICS was founded on 2007. It is located in Valapady main Road,
Belur, Salem.
The company’s status is listed as "ACTIVE".
Vision:
Quality products & services to our customers.
A satisfying work environment to our staff.
Fair respectful & consistent working relations to ancillary industries.
Profitable & responsible growth to our stakeholders.
Mission
To deliver quality products unfailingly to our customers with great designs and
value for money, resulting in creation of value system in Ceramic industry.
Values
JKM Tiles & Ceramics is passionate about its business and customers that are
driven by core values that are mentioned below:
1) Integrity
2) Team Work
3) Commitment
4) Speed
5) Innovation
Ceramics
Sizes of different tiles
Centimeter Inch
20 X 30 8 X 12
20 X 60 8 X 24
25 X 25 10 X 10
25 X 33 10 X 13
25 X 37.5 10 X 15
25 X 50 10 X 18
25 X 75 10 X 30
30 X 30 12 X 12
30 X 45 12 X 18
1.4 OBJECTIVE OF THE STUDY
To identify the talent among the employee in the organisation and finding the way to
develop and retain those talents.
o The study aims at finding out the talent management of employees at JKM.
o The study is based on the major factors that effects the talent management
namely nature of the job, creativity in job, promotion, team they work with,
talent review meeting, encouragement and overall integration of talent.
o Talent mainly scenario of the employers and employees are giving more
important for easy to achieve.
o The study express the opinion of workers on their satisfaction , motivational
factors and commitment and involvement levels in managing talent at retail
field. The responds of employees could be biased. The study can be carried
out for other industries and services with few modifications.
1.6 LIMITATIONS OF THE STUDY
The results of the study are bound to be effected by a certain extend by the following
limitations. However these are managerial and do not substantially effect the analysis and
suggestions.
Some of the employees were reluctant to discuss their problem, freely & frankly.
It was very difficult for the researcher to meet the respondents at the working
Though the results are unbiased, there may exist some biased responds during
filling the questionnaire.
CHAPTER-II
REVIEW OF LITERATURE
Talent Management in the 21st Century: Help Your Company Find, Develop, and Keep
its Strongest Workers
Cindy McCauley, Michael Wakefield (2006) Talent Management in the 21st Century: Help
Your Company Find, Develop, and Keep its Strongest Workers.
Journal for Quality Participation (2006) ,Volume: 29, Issue: 4, Publisher: Association for
Quality & Participation, Pages: 4-7:
Lewis and Heckman,(2006), Talent management: a review and framework for the
future,www.entrepreneurship.ethz.ch/…./HRM_ABB_Article_Collings_2006…
Lewis and Heckman note that “A review of the literature focused on talent
management reveals a disturbing lack of clarity regarding the definition, scope and overall
goals of talent management.It is difficult to identify the precise meaning of ‘talent
management’ because of the confusion regarding definitions and terms and the many
assumptions made by authors who write about TM. The terms ‘talent management’, ‘talent
strategy’, ‘succession management’ and ‘human resource planning’ are often used
interchangeably.”
Guy Lubitsh and Ina Smith ,2007, Talent management: a strategic imperative
http://www.ashridge.org.uk/360:
One of the key findings from our TM research report is that leading organisations view TM
as a strategic priority and an important long term investment that needs reviewing, refining
and reinvention (in some cases) as needs and priorities change. All the case studies
demonstrated that there are no simple ‘Ten steps to success’ in TM. In reality it is a complex
set of activities which touch upon virtually every aspect of organisational life. Devising a TM
strategy means making choices and recognising that there must be trade-offs.
Nor is TM a one-off, quick-fix intervention. While individual processes can be improved,
effective TM requires a systems-wide approach, requiring a breadth and depth of
conversation rarely seen in other forms of organisational change and development. In a
peculiar sense, TM is very much a ‘live’ system operating through relationships across the
organisation and which can therefore be strongly moulded and influenced, even sabotaged, by
those who champion, implement and go through the TM system.
The case study organisations also accept that TM requires a long term investment. Whatever
their approaches, they shared the view that TM is a strategic priority which will help them to
survive in increasingly competitive, global marketplaces.
Our research has confirmed our strong belief that a TM system is unique to each organisation
and must be designed to take account of a unique blend of strategy, people, culture and
systems. TM systems inextricably link talent with the organisation.
Given the high level of interest in the concept of talent management over the past
decade, it is somewhat paradoxical that it remains relatively poorly defined and lacking in
theoretical underpinning. This review of the current body of literature suggests that from a
theoretical point of view, the area of talent management is in its infancy and a significant
degree of theoretical advancement is required. The contribution of this paper is two fold; to
develop a clear and concise definition of strategic talent management, and .propose a
theoretical model of strategic talent management. In doing so we draw insights from a
number of discreet literature bases. The paper aims to aid future research in the area of talent
management though (1) helping to clarify the conceptual boundaries of talent management
and (2) providing a theoretical framework which can help in framing their research efforts in
the area. Additionally, it should aid managers in engaging with some of the issues they face
with regard to talent management.
Global Talent Management: Extremely volatile, and is likely to remain so for years to
come. In addition to these external conditions, most organizations are also facing several
global challenges including those related to: talent flow; the managing of two generations of
employees, viz., older or mature workers and younger workers; and a shortage of needed
competencies. One major result of these challenges for organizations is that they have to be
global and that they have to be systematic in managing their human capital if they wish to
have any hope of gaining and sustaining a competitive advantage in the years ahead. Many
human resource practitioners and consultants (HR professionals) are now recognizing this,
especially those that operate globally, the multinational enterprises. Academics are also
showing a strong interest as evidenced by their work in the new area referred to as “global
talent management”. In this article we review that academic work and attempt to organize
that literature by creating an integrative framework for understanding and advancing further
research in global talent management. To guide this research our framework highlights
several selected challenges in global talent management, and several drivers of those
challenges. It also highlights the potential role of IHRM activities in addressing those
selected challenges. A discussion of possible criteria of global talent management
effectiveness completes the framework. Hopefully this integrative framework may guide
further academic research on global talent management and might also inform the work of
HR professionals.
CHAPTER-III
RESEARCH METHODOLOGY
MEANING:
Research methodology is the way to solve the research problems. It may be
understood as a science of studying how research is done scientifically primary and
secondary data were made use of along with data collection are alone through questionnaire
and internet.
RESEARCH DESIGN
Research is the systematic and logical study of an issue or a problem to arrive at
accurate results. Research the job of collecting, recording and analyzing relevant data to
arrive at decisions. The present study is a systematic, objective and exclusive search for
studies of the facts relevant to a problem in the field of marketing. The search for the fact
may be through either(1)Unscientific method (2)scientific method
DESCRIPTIVE RESEARCH:
The study comes under the Descriptive research includes survey and fact finding
enquired of different kinds the major purpose of descriptive research is the descriptive of the
state of affairs as it exists at present.
DATA COLLECTION
Data constitute the foundation of the research. Hence the first step was to gather the
required data. The study was conduct at JKM tiles and ceramics ,the data or information
collected from the various sources were divided in to two parts.
Primary Sources
Secondary Sources
The primary data was collected through direct personnel investigation and by questionnaire.
PRIMARY DATA
The primary data means directly collected by the researcher himself or by investigator
appointed by him from the original sources.
QUESTIONNAIRE
A questionnaire is a printed list of question related to particular enquiry.
SECONDARY DATA
The secondary data is information which already exists. The secondary data was
collected from journals, magazines, books. The research specific information was less
available more emphasis was given on primary data.
SAMPLING UNIT
One of the unit in to which an aggregate is divided or regulated as divided for the
purpose of sampling.
SAMPLE SIZE
The population of the study was 200 respondents in the area from different sections.
The Sample of 150 respondents was selected using simple random sampling method.
SAMPLE DESIGN
Sample design depends on the researches objective and the nature of problem
samples are selected by using simple random sampling method.
TOOLS TO BE USED
Percentage Analysis
Chi-Square Analysis
Correlation Method
PERCENTAGE ANALYSIS
Percentage refers to the special kind of ratio. Percentage is used in making
comparison between two or more series of data percentage can also be used for compare the
relative teas, the distribution of two or more series of data.
The easy and simplicity of calculating the general understanding of its purpose and
the universal applicability of the percent static have made it most widely and standardized
tool researches everything to a common based and thereby allow meaningful comparison to
be made with data.
PERCENTAGE METHOD IS USED FOR DATA ANALYSIS:
No of respondent
Percentage = *100
Total No of Population
X2 = ∑ ----------
E
CORRELATION
A general term used to describe the fact that two (or more) variables are related.
Galton, in 1869, was probably the first to use the term in this way (as 'co-relation'). Usually
the relation is not precise. For example, we would expect a tall person to weigh more than a
short person of the same build, but there will be exceptions.
Although the word 'correlation' is used loosely to describe the existence of some
general relationship, it has a more specific meaning in the context of linear relations between
variable.
If an increase in independent variable leads to an increase in dependent variable, it is a
case of positive correlation. On the other hand if an increase in independent variable leads to
a reduction in dependent variable, it is a case of negative correlation. An example for
negative correlation could be the relationship between the age advancement and resistance to
diseases. As age advances, resistance to disease reduces
Karl Pearson’s coefficient of correlation is the most widely used method of measuring
the degree of relationship between two variables. Karl Pearson’s coefficient of correlation
formula comes below
∑XY
Formula for Correlation=
∑(X) 2 ∑ (Y) 2
APPENDIX
QUESTIONNAIRE
A STUDY OF TALENT MANAGEMNT WITH SPECIAL REFERENCE TO JKM
TILES AND CERAMICS, SALEM
1. Name:
2. Gender:
a) Male b) female
3. Age:
a) 1-2 years b) 2-3 years
4. Marital status:
a) Married b) unmarried
5. Educational Qualification:
a) SSLC b) HSC
c) UG d) PG
6. Monthly income:
c) Neutral d) Dissatisfied
e) Highly dissatisfied
10. Give the opinion about the policies and procedures of the company?
c) Neutral d) Dissatisfied
e) Highly satisfied
11. Stretch your view about the knowledge of the vision and mission of the company?
c) Neutral d) Dissatisfied
e) Highly satisfied
c) Neutral d) Dissatisfied
e) Highly satisfied
c) Neutral d) Dissatisfied
e) Highly satisfied
15) How do you feel about the creativity in your job?
c) Neutral d) Dissatisfied
e) Highly satisfied
16) How do you feel about applying your talent to the job?
c) Neutral d) Dissatisfied
e) Highly satisfied
17. What is the level of recognition given by organization for your Talent?
c) Neutral d) Dissatisfied
e) Highly satisfied
18. Opinion about, supportive from the “Top management” for talent management?
a) Always
b) Partially
c) Neutral
c) Neutral d) Dissatisfied
e) Highly satisfied
c) Neutral d) Dissatisfied
e) Highly satisfied
c) Neutral d) Dissatisfied
e) Highly satisfied
22) What is the level of satisfaction you have regarding monetary and non monetary benefits!
c) Neutral d) Dissatisfied
e) Highly satisfied
23) Opinion about the team you work with?
c) Neutral d) Dissatisfied
e) Highly satisfied
24) Stretch your opinion about the promotion?
c) Neutral d) Dissatisfied
e) Highly satisfied