Desertation Report On Talent Management
Desertation Report On Talent Management
Desertation Report On Talent Management
MBA IV semester, hereby, declare that the Research Project Report having the title. TALENT
MANAGEMENT IN CADBURY.
It is outcome of my own work and the same has not been submitted to any university\College\
The human resource professionals are the cornerstone of any organizations. They not only solve
business problems today but also participate in strategic aspects of the organization; talent
often done in consultation with the business function. Be it talent mapping and planning or
performance, recruitment and retention the human resource professionals of the day are seeking
out ways to streamline and integrate their functions with the broader business functions.
Talent management is an organization's ability to recruit, retain, and produce the most talented
employees available in the job market. Talent consistently uncovers benefits in these critical
economic areas: revenue, customer satisfaction, quality, productivity, cost, cycle time, and
market capitalization. Having good talent management is when one has good skills, knowledge,
cognitive abilities, and the potential to do well. Talent management is also an important and
necessary skill for people in the workforce to acquire. Finding good and talented people is not a
hard thing to do, but making sure that they want to stay working for the same business is the
challenge. If someone has so much talent and they are good at what they do, businesses will want
them to stay and work there forever. However, most of those people are either satisfied with the
job they have, or they go out and look for better opportunities.
ACKNOWLEDGEMENT
Management is a profession wherein no work can be accomplished without the help and
the one who knows how to get the work accomplished with the help of his colleagues. As future
managers, we are taught to practice such behavior at every step. This project is also a part of it.
My sincere thanks to Mr. RAHUL SINGH Director of RAJ SMS Varanasi, and the Guide of the
Project SAKSHI TRIPATHI, for initiating and guiding the project with attention and care. She
has always been available for me to put me on track from time to time to bring the project at its
present form.
CONTENT
Sr. No. TOPIC Pa
ge
No.
Chapter 1 INTRODUCTION
KEY BUSINESS PROCESSES
TALENT MANAGEMENT / TRADITIONAL HR
APPROACH
THE FOCUS OF TALENT MANAGEMENT
KNOWLEDGE MANAGEMENT
Chapter 6 FINDINGS
Chapter 7 RECOMMENDATION
CONCLUSION
Chapter 8 BIBLIOGRAPHY
CHAPTER 1
INTRODUCTION
INTRODUCTION
This new age economy, with its attendant paradigm shifts in relation to the human capital, in
terms of its acquisition, utilization, development and retention, has placed a heavy demand on
organizational objectives. Hence a serious concern of every HR manager in order to survive this
‘War for Talent’, is to fight against a limited and diminishing pool of qualified available
candidates to replace valuable employees when they leave, dramatically underscoring the
difficulty to attract, motivate and retain the best employees in an organisation. To analyze the
reasons, we first need to understand what “TALENT” means. People have different views and
Management Consultants and author of the book, “Keeping People Who Keep You in Business”,
a talent is not rare and precious. Everyone has talent – too many to possibly name all. Talent is
behavior; things we do more easily than the next person. We speak of “natural born talent” but
those with a gift, knack, ability or flair for something can refine and develop that talent through
experience. Talent, however, cannot be taught. As someone once said, “you can teach a turkey to
Vice President, HR of Seagram, Mr. Gopi Nambiar, says talent can be best described as a
combination of abilities and attitudes. The real trick is to match the right motivated talents to the
right role, individually and collectively, harnessing and harmonizing this crucial attribute to
talent. According to Branham, 75 per cent of the senior executives admit that employee retention
is a major concern today, the obvious reason being the ‘increasing rate of turnover’. This
dynamically changing and volatile demand-supply equation with such erratic attrition trends and
cut throat competition has led organizations to focus on mechanisms pertaining to attracting and
retaining talent. It is an accepted truth that turnover will happen and companies need to devise a
As the Director, HR (Asia) of Bausch & Lomb, Mr. P.G. George declares, achieving zero
percent turnover is neither realistic nor desirable. People tend to seek change for a variety of
reasons—more money, better benefits, the appearance of a greener pasture- and this has been a
practice from the very beginning. Then, what is it that has really changed?
Despite intense competition being the key to market development and success, organizations
have failed to identify some of the major reasons which highlight why ‘good performers’ leave.
In his study, Branham clearly states that one major reason why people leave their organization is
because of the organization’s failure to bring about a correlation between pay and performance.
Human Resource experts in the industry believe matching the right blend of talent with the right
The present scenario with abundant opportunities has triggered a wave of employees, perpetually
“on the move”, forever seeking better opportunities whenever, wherever and however they can.
What is behind the restlessness of these hard to keep employees? By focusing on productivity,
organizations are realizing that it is imperative to hire employees who can do the job and be
successful at it. The organization no longer wants to just hire to hire, in fact they are striving to
find the right people, bring them into the organization and retain their services. One of the
critical functions of HR is a sound Human Resource Planning through which they are able to
project the demand for human resource and thereafter formulate strategies for acquiring them. As
the leading HR heads of the country point out, the solution is not just about finding the correct
retention mechanisms, but it starts from the very beginning by devising ways to acquire the right
The following matrix appropriately defines key business processes for an organization:
Vision
Mission
Strategy
INPUT
Structure
Roles
Competencies required
(Selecting and developing)
TALENT MANAGEMENT
Knowledge
OUTPUT
Breakthrough Performance
Talent Management v/s Traditional HR Approach
competencies in the organization. This can actually be a risk-prone approach, especially for
companies operating in fast evolving industries, since competencies become redundant with time
and new competencies need to be developed. Thus, over time, the entire approach to
development of people might be rendered obsolete calling for rethinking the entire development
initiative.
Talent management on the other hand focuses on enhancing the potential of people by
developing capacities. Capacities are the basic DNA of an organization and also of individual
potential. In fact, the following appropriately describes the role of talent management:
D N A
At the heart of talent management is developing the following intrinsic human capacities:
Enhancing an individual’s capacity to learn improves the person’s awareness. It adds to the
person’s quest to know more and delve into newer areas. This capacity is developed by holistic
education that teaches how to learn, an enabling environment and good mentoring. Capacity to
Introspection is the individual’s willingness to look back and learn ability to learn from
Reflection and contemplation is the individual’s ability to observe his own thoughts,
actions and emotions/feelings and using the awareness to improve further and perform
better.
Getting into the flow is the individual’s ability to get into a new experience and flow with the
capacity to think helps the person not only takes learning to a higher level of intellect but also
Analysis
To Judgment
Think
Creativity
Analysis is about asking the right questions and breaking complex things into simpler
elements.
Creativity is about generating new thoughts and breaking the existing patterns of thought.
Judgment requires both. This is what helps an individual take quality decisions.
It is important for an individual to be able to relate to his learning and thoughts. This leads the
person to be able to relate to other individuals and the environment around him. The outcome is
indeed a sense of belongingness and an environment of trust at the organizational level and team
Empathizing
To Trust
Relate Listening
Listening is the individual’s ability to listen with warmth and respect. Active listening is
own shoes.
Action is how the above three capacities of an individual are manifested. It is the individual’s
Organizing
Work under pressure
To
Act
Implementing
Organizing refers to the individual’s ability to organize his time and resources so as to
Implementing means delegating, attention to detail, and focus on the right process.
Perform under pressure means the ability to work under pressure and time constraints and handle
The individual’s values help in discriminating amongst alternatives and act as the bedrock for
decisions. They act as multipliers in enhancing the individual’s capacities, a sigma of which
Organizations provide individuals the opportunity and space for physically manifesting their
talent into performance for achieving individual and organizational vision. Talent manifests into
performance as follows:
Talent
Vision/Mission/Strategy
Opportunity
Coaching
+
Action Plan & Goals
Resources
Performance
Management
System
Performance
Thus the domain of talent management focuses not only on development of individual’s intrinsic
capacities, but also on culture building and change management to provide the other elements
The service and consulting areas of talent management that thus emerge are:
Talent appreciation
Potential enhancement
Acquisition of talent
Knowledge management
Grow Talent offers services in all the above areas. Grow Talent’s offerings are based on the
TAPTM services from Grow Talent are focused on assessing the way individuals learn, think,
relate to others, and act. Tap is used to evaluate the capacities, competencies and values of
individuals for assessment of potential for career development and succession planning.
This is intricately linked to helping organizations map their capacity and competency
requirements and then assessing talent to draw up individual development plans. The talent
profiling thus done for organizations helps them identify critical competencies to be developed
and capacities to be enhanced in order to meet future business requirements and achieve plans.
The focus of PEPTM is to create learning experiences and solutions for individuals that will help
convert their talent into competence. It also involves designing learning events and processes
Capacity building modules - which focus on enhancing the four capacities of individuals
Competence building modules – which focus on specific areas like consulting skills,
problem solving, and service quality, strategic selling, process designing, interviewing
skills, etc.
Grow Talent’s approach to helping organizations acquire talent is based on the following:
Helping organizations define roles for specific leadership positions based on 'preferred
Defining the values which are needed to display the desired behaviors
Knowledge Management
As said earlier, the domain of talent management includes culture-building and change
management. Knowledge management services from Grow Talent are aimed at leveraging
knowledge for performance by creating an environment for sharing by building trust. The focus
of knowledge management is to connect people and technology to capture and harness the tacit
management enhances sharing and thereby creates an appropriate environment for talent to
With its comprehensive spectrum of services for talent management and unique methodology,
Grow Talent is strongly positioned to help organizations gain a competitive and sustained talent
advantage.
CHAPTER 2
COMPANY OVERVIEW
COMPANY OVERVIEW
to making everyone feel happy. Check out what we are doing around the world and search
for where to buy our products. Find out what our most common queries are, and ask some of
Cadbury India can be termed as one of the best performing FMCG companies today.
Unlike its peer group, which is more of complete food companies, Cadbury is a very niche
player with a dominant position in Indian Chocolate Confectionery market. This makes it
different & more successful in comparison with the peer companies. Now is the period of
slowdown in the economy, where FMCG companies are the first ones to be hit upon.
Reduction in the real income of the consumer has made its direct impact on the top –line
growth of the company. Still, Cadbury has been able to drive its bottom- line growth. The
reason for the success is the Corporate Governance practiced in the organization. We update
The Cadbury’s Inc has taken the opportunity to offer us a broader view of chocolate
category. The Cadbury India’s no.1 Chocolate is able to share with their market insights
Cadbury has grown from strength to strength with new technologies being introduced to make
the Cadbury confectionary business, one of the most efficient in the world. The merge in 1969
with Schweppes and the subsequent development of the business have led to Cadbury
Schweppes taking the led in both, the confectionary and soft drink market Intec UK and
The Cadbury story is a fascinating story of a family business that grew in one of the biggest,
most loved chocolate brand in the world. A story that you will remember as the story of “The
taste of life”.
Cadbury was the first company to include pictures instead of printed text on chocolate
boxes.
George Cadbury didn’t want to take mothers away from their children, so he developed
a company rule that women had to leave work when they got married. Each married
In 1886 Cadbury became one of the first firms to have dining rooms with kitchens and
A miniature metal animal (elephant, penguin, owl, fox, duck, squirrel, rabbit or turtle)
was given away with specially designed cocoa tins in 1934. In the same year, Cadbury's
tokens, which came with packs of cocoa, could be redeemed for lamps, kettles and
saucepans.
So many children joined Cadbury’s Coco cub Club that it had 300,000 members in 1936.
Cadbury’s World Visitor Center opened in 1990, welcoming 400,000 visitors in its first
year.
Cadbury launched a Get Active program in 2003, helping 10,000 teachers get in shape.
History of Cadbury
In 1824, John Cadbury, a Quaker, began selling tea, coffee and drinking chocolate in Bull Street
in Birmingham, England. From 1831 he moved into the production of a variety of cocoa and
drinking chocolates, made in a factory in Bridge Street and sold mainly to the wealthy because of
the high cost of production. In 1847, John Cadbury became a partner with his brother Benjamin
and the company became known as "Cadbury Brothers". In 1847, Cadbury's competitor Fry's of
Bristol produced the first chocolate bar (which would be mass-produced as Fry's Chocolate
Cream in 1866). Cadbury introduced his brand of the chocolate bar in 1849, and that same year,
Cadbury and Fry's chocolate bars were displayed publicly at a trade fair in Bingley Hall,
Birmingham. The Cadbury brothers opened an office in London, and in 1854 they received the
Royal Warrant as manufacturers of chocolate and cocoa to Queen Victoria. The company went
John Cadbury's sons Richard and George took over the business in 1861. At the time of the
takeover, the business was in rapid decline: the number of employees had reduced from 20 to 11,
and the company was losing money. By 1866, Cadbury was profitable again.[8] The brothers had
turned around the business by moving the focus from tea and coffee to chocolate, and by
The firm's first major breakthrough occurred in 1866 when Richard and George introduced an
improved cocoa into Britain. A new cocoa press developed in the Netherlands removed some of
the unpalatable cocoa butter from the cocoa bean. The firm began exporting its products in the
1850s. In 1861, the company created Fancy Boxes — a decorated box of chocolates — and in
1868 they were sold in boxes in the shape of a heart for Valentine's Day. Boxes of filled
In 1878, the brothers decided to build new premises in countryside four miles from
Birmingham.The move to the countryside was unprecedented in business. Better transport access
for milk that was inward shipped by canal, and cocoa that was brought in by rail from London,
Southampton and Liverpool docks was taken into consideration. With the development of the
Birmingham West Suburban Railway along the path of the Worcester and Birmingham Canal,
they acquired the Bournbrook estate, comprising 14.5 acres (5.9 ha) of countryside 5 miles (8.0
km) south of the outskirts of Birmingham. Located next to the Stirchley Street railway station,
which itself was opposite the canal, they renamed the estate Bournville and opened the
In 1893, George Cadbury bought 120 acres (49 ha) of land close to the works and planned, at his
own expense, a model village which would 'alleviate the evils of modern more cramped living
conditions'. By 1900 the estate included 314 cottages and houses set on 330 acres (130 ha) of
land. As the Cadbury families were Quakers there were no pubs in the estate.
In 1897, following the lead of Swiss companies, Cadbury introduced its own line of milk
1900–1969
In 1905, Cadbury launched its Dairy Milk bar, a production of exceptional quality with a higher
proportion of milk than previous chocolate bars.Developed by George Cadbury Jr, it was the first
time a British company had been able to mass-produce milk chocolate. From the beginning, it
had the distinctive purple wrapper. It was a great sales success, and became the company's best
selling product by 1914. The stronger Bournville Cocoa line was introduced in 1906. Cadbury
Dairy Milk and Bournville Cocoa were to provide the basis for the company's rapid pre-war
expansion. In 1910, Cadbury sales overtook those of Fry for the first time.
Cadbury's Milk Tray was first produced in 1915 and continued in production throughout the
remainder of the First World War. More than 2,000 of Cadbury's male employees joined the
British Armed Forces, and to support the British war effort, Cadbury provided chocolate, books
and clothing to the troops.George Cadbury handed over two company-owned buildings for use as
hospitals – "The Beeches" and "Fircroft", and the management of both hospitals earned the War
Office's highest award.Factory girls, dubbed ‘The Cadbury Angels’, volunteered to do the
laundry of injured soldiers recovering in the hospitals. After the war, the Bournville factory was
redeveloped and mass production began in earnest. In 1918, Cadbury opened their first overseas
Cadbury Wharf, Knighton, Staffordshire. It was operated by Cadbury between 1911 and 1961 to
process locally collected milk and produce "chocolate crumb" which was transported to
Cadbury's in Bournville.
In 1919, Cadbury merged with J. S. Fry & Sons, another leading British chocolate manufacturer,
resulting in the integration of well-known brands such as Fry's Chocolate Cream and Fry's
Turkish Delight. In 1921, the many small Fry's factories around Bristol were closed down, and
Cadbury soon expanded its product range with Flake (1920), Creme eggs (1923), Fruit and Nut
(1928), and Crunchie (1929) (originally under the Fry's label). By 1930 Cadbury had become the
Chocolate ceased to be a luxury product and became affordable to the working classes for the
first time. By the mid-1930s, Cadbury estimated that 90 percent of the British population could
afford to buy chocolate.[16] By 1936, Dairy Milk accounted for 60 percent of the UK milk
chocolate market.
During World War II, parts of the Bournville factory were turned over to war work, producing
milling machines and seats for fighter aircraft. Workers ploughed football fields to plant crops.
As chocolate was regarded as an essential food, it was placed under government supervision for
the entire war. The wartime rationing of chocolate ended in 1950, and normal production
resumed. Cadbury subsequently invested in new factories and had an increasing demand for their
Cadbury has been a holder of a Royal Warrant from Queen Elizabeth II since 1955. In 1967,
Cadbury acquired an Australian confectioner, MacRobertson's, beating a rival bid from Mars. As
a result of the takeover, Cadbury built a 60 percent market share in the Australian market.
Cadbury merged with drinks company Schweppes to form Cadbury Schweppes in 1969. Head of
Schweppes, Lord Watkinson, became chairman, and Adrian Cadbury became deputy chairman
and managing director. The benefits of the merger were to prove elusive.
The merger put an end to Cadbury's close links to its Quaker founding family and its perceived
States for $58 million, which gave it a 10 percent share of the world's largest confectionery
market. The highly successful Wispa chocolate bar was launched in the North East of England in
1981, and nationwide in 1984. In 1982, trading profits were greater outside of Britain than in the
In 1986, Cadbury Schweppes sold its Beverages and Foods division to a management buyout
known as Premier Brands for £97 million. This saw the company divest itself of such brands as
Typhoo Tea, Kenco, Smash and Hartley Chivers jam. The deal also saw Premier take the licence
Meanwhile, Schweppes switched its alliance in the UK from Pepsi to Coca-Cola, taking a 51
percent stake in the joint venture Coca-Cola Schweppes. The acquisition of Canada Dry doubled
its worldwide drinks market share, and it took a 30 percent stake in Dr Pepper. As a result of
these acquisitions, Cadbury Schweppes became the third largest soft drinks manufacturer in the
world. In August 1988, the company sold its U.S. confectionery operations to Hershey's for
Snapple, Mistic and Stewart's (formerly Cable Car Beverage) were sold by Triarc to Cadbury
Schweppes in 2000 for $1.45 billion. In October of that same year, Cadbury Schweppes
Schweppes demerger
In March 2007, it was revealed that Cadbury Schweppes was planning to split its business into
two separate entities: one focusing on its main chocolate and confectionery market; the other on
its US drinks business. The demerger took effect on 2 May 2008, with the drinks business
becoming Dr Pepper Snapple Group and Cadbury Schweppes plc becoming Cadbury plc. In
December 2008 it was announced that Cadbury was to sell its Australian beverage unit to Asahi
Breweries.
2007–2010
Cadbury's Somerdale Factory located in Keynsham near Bristol, south west England (1921–
2010)
In October 2007, Cadbury announced the closure of the Somerdale Factory, in Keynsham,
Somerset, formerly part of Fry's. Between 500 and 700 jobs were affected by this change.
In 2008, Monkhill Confectionery, the Own Label trading division of Cadbury Trebor Bassett was
sold to Tangerine Confectionery for £58 million cash. This sale included factories at Pontefract,
Cleckheaton and York and a distribution centre near Chesterfield, and the transfer of around 800
employees.
In mid-2009, Cadbury replaced some of the cocoa butter in their non-UK chocolate products
with palm oil. Despite stating this was a response to consumer demand to improve taste and
texture, there was no "new improved recipe" claim placed on New Zealand labels. Consumer
backlash was significant from environmentalists and chocolate lovers in both Australia and New
Zealand, with consumers objecting to both the taste from the cheaper formulation, and the use of
palm oil given its role in the destruction of rainforests. By August 2009, the company announced
that it was reverting to the use of cocoa butter in New Zealand and Australia, although palm oil
is still listed as an ingredient in Cadbury's flavoured sugar syrup based fillings (where it referred
to as 'vegetable oil'). In addition, Cadbury stated they would source cocoa beans through Fair
Trade channels. In January 2010 prospective buyer Kraft pledged to honour Cadbury's
commitment.
Acquisition by Kraft Foods
On 7 September 2009, Kraft Foods made a £10.2 billion (US$16.2 billion) indicative takeover
bid for Cadbury. The offer was rejected, with Cadbury stating that it undervalued the company.
Kraft launched a formal, hostile bid for Cadbury valuing the firm at £9.8 billion on 9 November
2009. The UK Business SecretaryPeter Mandelson warned Kraft not to try to "make a quick
On 19 January 2010, it was announced that Cadbury and Kraft Foods had reached a deal and that
Kraft would purchase Cadbury for £8.40 per share, valuing Cadbury at £11.5bn (US$18.9bn).
Kraft, which issued a statement stating that the deal will create a "global confectionery leader",
chocolate (but not its other confectionery) in the United States and has been reported to share
Cadbury's "ethos". Hershey had expressed an interest in buying Cadbury because it would
broaden its access to faster-growing international markets. But on 22 January 2010, Hershey
The acquisition of Cadbury faced widespread disapproval from the British public, as well as
groups and organisations including trade union Unite, who fought against the acquisition of the
company which, according to Prime Minister Gordon Brown, was very important to the British
economy. Unite estimated that a takeover by Kraft could put 30,000 jobs "at risk", and UK
shareholders protested over the mergers and acquisitions advisory fees charged by banks.
Cadbury's M&A advisers were UBS, Goldman Sachs and Morgan Stanley. Controversially,
RBS, a bank 84% owned by the United Kingdom Government, funded the Kraft takeover.
On 2 February 2010, Kraft secured over 71% of Cadbury's shares thus finalising the deal. Kraft
had needed to reach 75% of the shares in order to be able to delist Cadbury from the stock
market and fully integrate it as part of Kraft. This was achieved on 5 February 2010, and the
On 3 February 2010, the Chairman Roger Carr, chief executive Todd Stitzer and chief financial
officer Andrew Bonfield all announced their resignations. Stitzer had worked at the company for
27 years.
On 9 February 2010, Kraft announced that they were planning to close the Somerdale Factory,
Keynsham, with the loss of 400 jobs. The management explained that existing plans to move
production to Poland were too advanced to be realistically reversed, though assurances had been
given regarding sustaining the plant. Staff at Keynsham criticised this move, suggesting that they
felt betrayed and as if they have been "sacked twice". On 22 April 2010, Phil Rumbol, the man
behind the famous Gorilla advertisement, announced his plans to leave the Cadbury company in
In June 2010, the Polish division, Cadbury-Wedel, was sold to Lotte of Korea. The European
Commission made the sale a condition of the Kraft takeover. As part of the deal Kraft will keep
the Cadbury, Hall's and other brands along with two plants in Skarbimierz. Lotte will take over
On 4 August 2011, Kraft Foods announced they would be splitting into two companies
US$3 billion cost-cutting program of the company's assets including Cadbury and Oreo.
Beginning in 2015, Mondelez began closing Cadbury factories in several developed countries
including Ireland, Canada, the United States, and New Zealand and shifting production to
"advantaged" country locations like China, India, Brazil, and Eastern Europe. The closure of
Cadbury factories in centers such as Dublin, Montreal, Chicago, Philadelphia, and Dunedin in
New Zealand generated outcries from the local populations. The plan received approval from
several market shareholders including the Australian and New Zealand banks Westpac and ASB
Bank.
Cadbury, the global leader in the chocolate confectionery market, began in 1824 when a
young Quaker named John Cadbury opened up a shop in Birmingham. John sold coffee, tea,
drinking chocolate and cocoa at his shop. Believing that alcohol was a main cause of poverty,
John hoped his products might serve as an alternative. He also sold hops and mustard. Like many
Quakers John had high quality standards for all of his products.
At that time in England, Quakers were prohibited from attending university, since it was
affiliated with the established church, and their pacifist beliefs kept them from joining the
military. With few opportunities available, Quakers often went into business-related fields and/or
By 1842 John was selling 11 kinds of cocoa and 16 kinds of drinking chocolate. Soon
John’s brother Benjamin joined the company to form Cadbury Brothers of Birmingham. The
Cadbury brothers opened an office in London and received a Royal Warrant (one of many) as
manufacturers of chocolate and cocoa to Queen Victoria in 1854. Six years later the brothers
dissolved their partnership because of John’s failing health and the death of his wife.
They left the business to John's sons George and Richard. John devoted the rest of his life to
social work and died in 1889. George and Richard continued to expand the product line, and by
1864, they were pulling a profit. Cadbury’s Cocoa Essence, which was advertised as "absolutely
pure and therefore best," was an all-natural product made with pure cocoa butter and no starchy
ingredients. Cocoa Essence was the beginning of chocolate as we know it today. The brothers
soon moved their manufacturing operations to a larger facility four miles south of Birmingham.
With Cadbury’s continued success in chocolate, George and Richard stopped selling tea
in 1873. Master confectioner Frederic Kinchella was appointed to share his recipe and
production secrets with Cadbury workers. This resulted in Cadbury producing chocolate covered
Cadbury manufactured its first milk chocolate in 1897. Two years later the Bourneville
factory employed 2,600 people and Cadbury was incorporated as a limited company.
During World War I, more than 2,000 of Cadbury’s male employees joined the Armed
Forces. Cadbury supported the war effort, sending warm clothing, books and chocolate to the
soldiers. Cadbury supplemented the government allowances to the dependants of their workers.
When the workers returned, they were able to return to work, take educational courses, and
injured or ill employees were looked after in convalescent homes. During this period trade
overseas increased, and Cadbury opened its first overseas factory near Hobart, Tasmania. The
next year Cadbury merged with JS Fry & Sons, a past market leader in chocolate.
Cadbury supported the war effort during World War II by converting parts of its factory
into workrooms to manufacture equipment like milling machines for rifle factories and parts like
pilot seats for Defiant fighter planes. Workers plowed football fields to grow crops, and the
Cadbury St. John’s Ambulance unit helped people during air raids. Chocolate was considered
essential for the Armed Forces and civilians. Rationing finally ended in 1949.
In 1969 Cadbury merged with Schweppes to form Cadbury Schweppes. Schweppes was a well-
known British brand that manufactured carbonated mineral water and soft drinks. The merged
companies would go on to acquire Sunkist, Canada Dry, Typhoo Tea and more.
Schweppes Beverages was created, and the manufacture of Cadbury confectionery brands
Today Cadbury Schweppes is the largest confectionery company in the world, employing
more than 70,000 employees. In 2006 the company had over $15 billion in overall sales. In
March of 2007, Cadbury Schweppes announced that it intends to separate its confectionery and
beverage businesses. With almost 200 years in the business, Cadbury Schweppes will continue to
CHALLENGES OF CADBURY
Cadbury is capitalizing on the success of its global "Eyebrows" campaign with a Canadian print
Targeting the younger end of the adult demographic, the campaign's creative is based on the
"Eyebrows" TV spot, in which two kids with crazy eyebrows pose for a photo. The "Eyebrow
Language" creative, made exclusively for the Canadian market, features ‘brows in different
shapes that readers can translate into letters and words. Depending on the medium, the message
either offers the reader a chance to win a prize or, in the print ads, to participate in a stunt
executed at a specific time and location. The decoded newspaper ad invited readers, hundreds of
whom showed up, to a sidewalk at College Park in Toronto, where they were to twirl, clap and
The media buy, handled by Cossette with creative by The Hive, are focused on Toronto and
Toronto, transit ads in both cities and an online banner buy. Launched last week, the commuter-
paper ads are running three days a week for four weeks, changing each time as are the OOH ads.
"We really wanted to make sure this had high impact with the consumer," Nina Purewal, brand
manager, Cadbury Dairy Milk, tells MiC. "This is a very engaging promotion and, as you can see
as you go through the elements, once [people] have committed to the promotion and decoding
the messages, they're really committed. It's really all about high engagement."
The campaign has also taken over the Dairy Milk website, which opens to a secret eyebrow
message and Eyebrow Language decoder overlay. The site also includes extra phrases to decode
and a ringtone of the song from the ad to download. Visitors can also watch the original
Cadbury Schweppes faced opposition to the deal in several countries. Cadbury Schweppes is to
keep control of its soft drinks brands in most of Europe instead of selling them to Coca-Cola,
following concerns about delays in winning approval from European regulators. Under the
original £1.14bn deal, announced in December last year, Coca-Cola was to buy all of Cadbury's
drink brands except those in the US, France and South Africa.
Cadbury has now abandoned plans to sell the brands in another 20 European markets, fearful that
The countries where Cadbury Schweppes will now retain control include Belgium, Norway,
Spain, Switzerland, The Netherlands and Germany which was reportedly ready to reject the plan
The companies still hope to receive approval for the sale in the UK and Ireland and 98 other
countries worldwide. Cadbury chief executive John Sunderland said both companies had
December.
However, they now faced lengthy and complex regulatory resistance against the deal in some
European countries which would "probably result in unacceptable delay". The delays have also
forced the companies to revise their aim of having the entire sale completed by the middle of this
year. Instead, they now expect the deal to be finalised by July only in about half the countries
which have already given their approval or where regulatory clearance is not required.
CADBURY ASIA
CADBURY INDIA
In India, Cadbury began its operations in 1948 by importing chocolates. After 60 years of
existence, it today has five company-owned manufacturing facilities at Thane, Induri (Pune) and
Malanpur (Gwalior), Bangalore and Baddi (Himachal Pradesh) and 4 sales offices (New Delhi,
The corporate office is in Mumbai Currently Cadbury India operates in four categories viz.
Chocolate Confectionery, Milk Food Drinks, Candy and Gum category. In the Chocolate
Confectionery business, Cadbury has maintained its undisputed leadership over the years. Some
of the key brands are Cadbury Dairy Milk, 5 Star, Perk, Éclairs and Celebrations.
Cadbury enjoys a value market share of over 70% - the highest Cadbury brand share in the
world! Our flagship brand Cadbury Dairy Milk is considered the "gold standard" for chocolates
in India.
Cadbury’s Dairy Milk started in Bourneville in the UK in 1905, but the journey with true
chocoholics started in India 43 years later. Cadbury’s has been the number one market leader in
chocolate sales for years. Cadbury’s has claimed that it has been the source of every Indian’s
moment of happiness, joy and celebration – whether this is true, it’s doubtful. To this day,
‘Cadbury Dairy Milk’ alone has a 30% value share in the Indian chocolate market.
In the early 90’s, indulgent chocolates were only seen as a child’s heavenly dream - only
rewarded for good behavior, or perhaps even for a bribe. However, in the mid 90’s a new
campaign was released, (‘The Real Taste of Life’) re-defining the outlook from “just for kids” to
the “kids in all of us”. This new campaign brought out the forgotten child in every adult, flushing
back memories of the very first moment they tasted chocolate. Cadbury Dairy Milk soon became
headquartered in London. Cadbury Schweppes is the No.1 confectionery and third largest soft
drinks company in the world. We manufacture, market and distribute branded chocolates,
confectionery and beverages that bring smiles to millions of consumers across 180 countries
The first taste of chocolate was defined by Cadbury in the Indian sub
continent. It has been more than 50 years of calling chocolates “Cadbury” in India. The company
today employs nearly 2000 people across India. We work together to create brands people love.
We believe wholeheartedly that the way to create brands people love is through our people. If
you desire to work with the world’s number 1 confectionery company we’ve got great
opportunities in store for you. You will typically start your career with us in a function in one of
our many businesses. You will then be able to choose whether to develop your career as a
generalist or specialist. Whichever path you choose, you will be encouraged to gain experience
company worldwide. The company’s beverage products include carbonated water, apple juice,
quinine-based carbonated drink, carbonated soft drink, non-carbonated soft drink, and tomato-
based drink under Dr.Pepper, Schweppes, 7 Up, Snapple, Mott's, Hawaiian Punch, Clamato, and
Schweppes Tonic Water brand names. Its confectionary products comprise cocoa powder, sugar
confectionery, cough drop, chewing gum, milk chocolate bar, sugar-coated gum, and breath
freshener, which are marketed under Cadbury, Bassett’s, Maynards, Halls, , Dentyne, Cadbury
Dairy Milk, Chiclets, Clorets, Stimorol, Trident, Bubblicious, and Sour Patch Kids brand names.
Cadbury Schweppes sells its products through direct sales force, third party bottlers, independent
(domestically produced) confectionery and chocolate market of Pakistan. The article reveals
close estimates of sales turnover of major active players in the industry. It also examines
contemporary trends in the local confectionery and chocolate market, with an emphasis on
providing some useful information about the structure, norms, challenges and competitive
landscape of the industry. Before proceeding to our core topic, it would not be unwise to have a
Despite Pakistan’s confectionery and chocolate industry has enjoyed an emerging and
growing trend in the recent past yet its size and growth pattern has been far inconsequential
compared to other countries of Asia-pacific region. The industry has grown with an average
annual rate of 6.5 to 7.5 % during 2002-2008. Domestic brands dominate the market accounting
The industry as a whole can be divided between two broader sectors namely organized
sector (branded segment) and un-organized sectors (generic segment). The branded segment is
more of monopolistic in nature where there are nine prominent, active players in the competitive
The branded confectionery and chocolate market is highly price elastic and growing with
the bulk of sales concentrated in mid-price range products. Urban markets account for the major
The industry has faced “coin-barrier” issue in sugar confectionery products at least three
times during last three decades when all key players unanimously agreed to increase their
products’ price due to escalating prices of raw materials (first from 25 paisa to 50 paisa-in mid
80’s, than 50 paisa to Rs. 1 – in mid 90’s and lastly from Rs.1 to Rs.2-in late 2008) whereby the
active players of the industry were compelled to raise their prices not less than any thing but
100% because next jump to coin / price denomination was such that they had no way out. It
would be interesting for the readers to learn that such moves however have always been proved
to be a “bitter pill” for the industry as it brought immense resistance from consumers and trade.
In some of the cases decline in sales as a reaction of price increase was so huge that it forced to
leading brands to take their decision back yet they were not able to retrieve their original
volumes again. Mitchell’s Milk Toffees and Kidco 4ever are classic examples. To avoid and
defer this situation (up to last extend) pro-active companies in Pakistani confectionery industry
adopt three kinds of strategies, without reducing or with slightly reducing trade margins. Namely
reduce the no. of units per pack, unit size, and packaging ( in an endeavour to reduce cost)
Compromising in product quality by reducing qty and/or quality of expensive raw material by
using close substitute that is available relatively at cheaper price as a replacement of expensive
raw materials.
About (70-80) % sugar confectionery and chocolate sales generate through wholesale channel
depending upon the nature of product and strategies of manufacturing companies. Almost all but
precisely Hilal and B.P rely much on wholesale channel to generate bulk chunk of their total
sales. To support their sales through this channel they advertise heavily on electronic media to
create brand pull for their brands and subsequently it force retailers to buy these brands from
whole sale. The underlying reason behind limited coverage in retail sector by these two
companies is they do not have premium priced items that could yield sufficient revenues to make
retail distribution viable for their distribution partners so they do a limited coverage in retail
sector. Since these companies themselves do not emphasize on retail penetration so their
distributors also take an escape route and adopt the way of easy selling through WS. However
there are companies like Cadbury, Candyland, Mitchell’s and Mayfair that are fully aware of the
importance of retail penetration .Hence these companies pay due importance and attention to
retail coverage and subsequently allocate resources for retail sector. As stated earlier the
emphasis of Hilal and B.P has always been on building consumer pull through mass media
advertising (mostly through television) and pushing their brands through wide-spread network of
This combination of “Push & Pull “ has proved to be a successful tool in their cases
because the nature of their brands also support this strategy as they produce products of mass
market with as low price as Rs.1 , 2 and beyond. Because of this pricing strategy their products
are equally popular in rural and urban towns among middle and lower middle class. B.P and
Hilal having this advantage enjoy the benefits of a wide-spread distribution network in 300+
towns and over 350 distributors nationwide (as they have more than one distributors in some
towns). They always try to adopt cost leadership strategy and generate revenues through high
volumes of sales. Frequent launches, re-launches, re-introduction of old brands with slight
modifications, withdrawals, adjustments in packaging, product designing and even recipe change
are a common phenomenon in the brands of these two major companies. Contrary to this
Cadbury’s , Candyland and Mitchell’s believe on establishing brands and brand equity and
therefore protraction of quality up to last possible extend remains their top priority.
Until mid 80’s chocolates was supposed to be the product of upper and upper middle
class segment. In 1983 Mitchell’s Jubilee was launched first time in Pakistani market at Rs.3.50
per bar. Due to its attractive packaging, quality, affordable price and an intact media support the
brand received un-matched reception and became a success story in Pakistani industry. The
brand is still very popular among masses and available in three different price points at Rs.2,
Rs.5 and Rs.10. In early 2000 Cadbury’s introduced quality products with affordable price. The
launch of Dairy Milk (Rs.5/-), 5 Star (Rs.5/-), Velvet (Rs.5/-) and Perk (Rs.3) with attractive
dispensing-chillers was the turning and revolutionary point for making chocolates the choice for
everyone. The role of Cadbury’s for expansion of chocolate market in Pakistan will always be
Challenges:
The most common challenges to this industry are soaring prices of raw material, high excise and
import duties on raw material, high entry barrier because of strong monopolistic competition and
1867
Cadbury Cocoa Essence began advertising. They highlighted the purity of the product with the
slogan ‘Absolutely pure, therefore best’.
1900
Cadbury gained the help of a popular artist Cecil Aldin to create a series of posters and press
1920s-30s
Cadbury promoted their products through the war by creating the ‘Chocolate Mystery Man’
character. He gave out free gifts, but only if he could be found.
1928
Cadbury Dairy Milk poster campaigns began using the iconic ‘glass and half’ slogan and
image to stress its high milk content.
1930s
Cadbury’s status as the nation’s favorite brand becomes the most important feature of the
company’s advertising.
1938
150,000 people went on the factory tour every year. It began in 1902 to link people more
closely with Cadbury.
1939
During the 2nd World War Cadbury Dairy Milk disappeared. Cocoa and chocolate was
under government restriction and only rationed chocolate was sold.
1951
‘The Bournville Story’, a film promoting Cadbury, was made and shown cinemas around the
country.
1955
Cadbury Drinking Chocolate was one of the very first ads on commercial television in this
year.
1957
Flake TV advertising began; it used the iconic theme of a woman sensually enjoying a bar of
chocolate on her own.
1970-1974
Memorable television ads raised the sales of Cadbury Fruit & Nut and Whole Nuts by 73% .
1983
The Wispa Bar launched including televised ad campaigns featuring comedians and comic
actors talking about the new bar.
1990
Cadbury World opened a £10 million replacement for factory tours. 350,000 people visited in
1996
Cadbury began a £10 million annual sponsorship of Coronation Street, reaching an audience
2007
The Cadbury ‘Gorilla’ ad premiered, immediately becoming one of the most popular adverts
in recent year.
2008
Cadbury and Schweppes demerged, splitting its confectionery and drinks business.
2009
1) Amazin’ Raisin:-
Milk and plain chocolate covered nougatine and caramel bar with raisins1971-1978
were the glory days of the Amazin’ Raisin bar. Who can forget the cockney knees-up of a TV
jingle: ‘It’s amazin’ what raisins can do/Full of goodness and it’s all for you/It’s got two
kinds of chocolate and caramel too/And it’s got raisins and they’re good for you’. Try
mentioning it to raisin fans of a certain age and see them come over all wistful.
2) Aztec:-
Milk and chocolate nougatine and caramel – a feast of a bar. Hugely popular when it
hit the shops in 1967, Aztec made a big impact, with displays including a life-size cardboard
Aztec warrior in 100,000 shops, and a lavish TV ad filmed at a real Aztec temple in Mexico.
Alas, like its namesake, this mighty bar was conquered in the early 70s, making just a brief
Milk chocolate covered bar with a toasted coconut and caramel centre. (1985-1994).Caramel and
peanut bar covered in milk chocolate. (1989-1994) Launched in 1985, the mighty Boost evolved
over time with various versions on sale including Coconut Boost and Peanut Boost. 2003 even
saw a Boost featuring the caffeine-rich Guarana berry appearing on the shelves, as well as a
Boost Glucose for extra energy. Vic Reeves and Bob Mortimer’s much- loved Lone Ranger ad
(complete with surreal strap line ‘it’s slightly rippled with a flat underside’) was a classic of its
Launched in 1902 it was once the most famous chocolate bar in the world, with its five
pictures of a five-year-old lad called Lindsay Poulton showing emotions from Desperation (no
chocolate), to Realization (finding out he’s got Fry’s Chocolate). Apparently at the photo
session, Lindsay wasn’t looking miserable enough for the first photo, so his father (the
photographer) tied a cloth soaked in nasty smelling ammonia round his neck to achieve the
Five assorted fruit flavored crèmes. If you’ve tried Fry’s Chocolate Crème, imagine a bar
like that but with five different flavored fillings: raspberry, lime, vanilla, coffee and orange.
You’re imaging Fry’s Five Centers, which launched in 1934 but went to the great conveyor belt
Fuse Raisins, peanuts, crispy cereal and fudge pieces fused in delicious Cadbury milk
chocolate.
Fuse exploded into the UK marketplace on ‘Tuesday’ 24th September 1996. It was a chocolate
bar with a difference – instead of having a chocolate coating on the outside; the yummy
ingredients were suspended right the way through it. 40 million bars were sold in the first week,
and within eight weeks it was the UK’s favorite’s confectionery. Alas, ten years later and Fuse
fizzled off the shelves, but it’s fondly remembered to this day.
6) Inspirations:-
Textured fruit flavored centers covered in milk, white and dark chocolate. Inspirations launched
in 1989, in a carton with sliding drawers. Initially highly successful, it was retired in 1998.
7) Lucky Numbers:-
In 1958 Cadbury launched a new assortment of chewy sweets, some covered in chocolate and
some not. These Lucky Numbers each had an individual number on the wrapper, hence the
Eight Milk Tray Chocolates, in a bar. Imagine a box of Milk Tray Chocolates. Now imagine
picking eight of the most popular chocolates – keeping their distinctive shapes – and putting
them in a bar! The Milk Tray Bar had a cult following back in the 1970s and people still
reminisce about it to this day. It was originally launched in 1947 and was a favorite through to
1981.
9) Skippy:-
LITERATURE REVIEW
LITERATURE REVIEW
Talent management refers to the anticipation of required human capital for an organization and
the planning to meet those needs. The field increased in popularity after McKinsey's 1997
research and the 2001 book on The War for Talent. Talent management in this context does not
Talent management is the science of using strategic human resource planning to improve
business value and to make it possible for companies and organizations to reach their goals.
Everything done to recruit, retain, develop, reward and make people perform forms a part of
Implementation
daily processes throughout the company as a whole. It cannot be left solely to the human
resources department to attract and retain employees, but rather be practiced in all levels of an
organization. The business strategy must include responsibilities for line managers to develop the
skills of their immediate subordinates. Divisions within the company should be openly sharing
information with other departments in order for employees to gain knowledge of the overall
organizational objectives. The issue with many companies and the military today is that their
organizations put tremendous effort into attracting employees to their company, but spend little
The talent management strategy may be supported by technology such as HRIS (HR Information
From a talent management standpoint, employee evaluations concern two major areas of
measurement: performance and potential. Current employee performance within a specific job
has always been a standard evaluation measurement tool of the profitability of an employee.
employee’s future performance, if given the proper development of skills and increased
responsibility.
A detailed survey of the concerned literature has been carried out based on various journals,
Any Organization needs to have a vision and a well defined strategy on hiring for the future. We
should have the right talent to attract and retain the best available talent for which a number of
measures for talent management are required. [KARTHIKEYAN,2007]. Emphasis has been paid
on initiatives that can be put in place to help organization to retain and nurture the talent
[PANDIT, 2007]. The fundamental aspects about the definitions of human recourses have been
discussed and planning of new models has been discussed. The need to disband the conventional
school of thoughts about organizational behavior has been advocated and a new approach has
"Rothwell ignites the imagination, expands the possibilities, and offers practical strategies any
organization can use to effectively develop, retain and utilise talent for the benefit of an
organization and enter the fluid, flexible future. Managers at all levels will cheer the sanity
Rothwell suggests."
The Talent Management Handbook: Creating Organizational Excellence by Identifying,
"This is an outstanding reference work that succinctly explains a simple and practical approach
to the identification, assessment and management of talent in the current, dynamic operating
business environment. The book plainly gives advice on how to avoid high staff turnover, poor
Focusing on the challenge of attracting and retaining talent faced by Indian HR mangers, the
article outlines initiative that can be put in place to help organization retain nurture and retain the
talent…………
vision and a well defined strategy on hiring for the future. Do we have the right talent within to
attract and retain the best available talent? A number of measures for talent management are
Suggested………..
Focusing on the challenge of attracting and retaining talent faced by Indian HR mangers, the
article outlines initiative that can be put in place to help organization retain nurture and retain the
talent…………
CHAPTER 4
PROBLEM IDENTIFICATION
NEED OF PROJECT
OBJECTIVE
PROBLEM IDENTIFICATION
IT TAKES Talent to spot Talent! A tone deaf will never be able to appreciate the music of
maestros. Only a seasoned jeweler would know that all that glitters is not real! And, only those
who can recognize the worth of a diamond can value it, for others it's just a stone! Talent is
In an organization, there is nothing more crucial than fitting the right employee in the right
position. Or else you would be trying to fit a square peg in a round hole. When people do jobs
that just don't suit their liking, inclination or temperament, the results, or rather the lack of them
will be disastrously obvious. Low productivity, dissatisfaction, low morale, absenteeism and
other negative behavior will become typical till the employee is shown the door. Or perhaps,
“A conscious, deliberate approach undertaken to attract, develop and retain people with the
Organization need to have a vision and a well-defined strategy on hiring for the future.
India has become the outsourcing capital of the world and this has created its own set of HR
challenges. India’s biggest problem is that qualified graduates are becoming scarce. Despite the
large population, the supply of engineers cannot keep up with the sharply increased demand. So,
do we have the right talent within to attract and retain the best available talent?
OBJECTIVES
The supply side discussed puts pressure on companies to attract the best talent and ensure that
employees join the company and choose to stay in the organization rather than look for
opportunities elsewhere. Present study is supposed to find out the existing Indian talent scenario
‘It’s got a crunch in the biscuit and munches in the middle’. A classic 1960s TV ad for Skippy
shows a Swinging London couple getting off their scooter and going into a trendy coffee bar to
RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
Research methodology deals with the various methods of research. The purpose of the research
methodology is to describe the research procedure used in the research. Research methodology
overall includes the research design, data collection method etc. Research Methodology helps in
carrying out the project report by analyzing the various research findings collected through the
RESEARCH DESIGN
Research design is an important and the vital part of the research. Research design provides an
excellent framework for the research plan of action. The function of the Research design is to
ensure that the required data is in accordance; research design is a blue print for the research
For this research project exploratory method is used which often relies on secondary research
such as reviewing available literature and/or data, or qualitative approaches such as informal
approaches through in-depth interviews, focus groups, projective methods, case studies or pilot
studies. The Internet allows for research methods that are more interactive in nature.
The data collected for the research is Secondary data i.e. from internet, books, magazine etc.
The questionnaire is been filled manually and sent to the different consumers and retailers, and
such as Newspapers, Television Commercials or any other institute that has collected data for
their purposes, then those will be secondary data to the researcher or investigator. Moreover, the
sources that give the secondary data might have collected the data for the owner’s specific
purposes. These data may not have been tailored according to the purpose of the researcher. In
fact, the secondary data have not been collected with the objective of fulfilling the interest of the
researcher but of the other data owners. Therefore, it is clear that these secondary data for the
researcher may be the primary data for the owner of the source of information.
It is very interesting to know that primary data can be converted into secondary data by
performing statistical operation on the primary data. In this particular case, primary data, which
had been collected by the researcher, have been altered so that he can use the amended data right
away for his intended purposes. In this manner, he is not using the original primary data, as they
were, but altered data. It is very clear, that the original primary data become secondary data for
the owner after operating the statistical methods. By using the secondary data, costs can be
eliminated. Apart from the information gathered by the media, the secondary data can also be
Secondary Data
Books
Internet
Sample Size- One
FINDINGS
CHALLENGES OF TALENT MANAGEMENT IN CADBURY
Setting standards for ethical behavior, increasing transparency, reducing complexities and
Failures in talent management are mainly due to the mismatch between the supplies and
Attracting and retaining enough employees at all levels to meet the needs of organic and
inorganic growth.
FINDINGS
Most of the employees have a clear knowledge about the company’s vision, mission and
HR staffs as well as the department heads are responsible for recruiting individuals
Sales and business development are the two areas where retaining talent is most difficult
Class room workshop, mentoring and coaching are usually used by the organization to
More than 64% of the respondent view organizational culture as a main driving force for
the new talent and for the existing talent. Even rewarding plays an important role (48%)
Base pay (57%) and Job security (52%) are the two main areas for retaining talent in
coming years. Other than this, training plays an important role in motivating the
employee.
RECOMMENDATION
CONCLUSION
RECOMMENDATIONS
Organizations must be able to relate those skills and capabilities to a role or a center of
Talent management processes must create a comprehensive profile of their talent. They
must be able to track meaningful talent related information about all of their people -
The working culture of the organization should be improved and maintained to retain
More certified training should be given to the employee to boost their effectiveness and
The organization should identify the crucial talent initiative to attract and retain the
employee. They should know which talent management elements can have the greatest
impact on the business and therefore provide a better basis for prioritization and
implementation.
• Prepare the workforce for changes associated with the new environment.
CONCLUSION
practices, they are taking a holistic approach to talent management—from attracting and
greatest impact. The mandate is clear: for organizations to succeed in today’s rapidly changing
and increasingly competitive marketplace, intense focus must be applied to aligning human
capital with corporate strategy and objectives. It starts with recruiting and retaining talented
people and continues by sustaining the knowledge and competencies across the entire workforce.
With rapidly changing skill sets and job requirements, this becomes an increasingly difficult
challenge for organizations. Meeting this organizational supply and demand requires the right
management strategy, including integrated data, processes, and analytics, organizations can help
ensure that the right people are in the right place at the right time, as well as organizational