Talent mgmt at ntpc

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TALENT MANAGEMENT ALIGNING WITH BUSINESS STRATEGY PRESENTED BY VIKAS DWIVEDI RABBANI VINOD JAIN GAURAV

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ntpc hrm

Transcript of Talent mgmt at ntpc

TALENT MANAGEMENT

ALIGNING WITH BUSINESS STRATEGYPRESENTED BYVIKAS DWIVEDIRABBANIVINOD JAINGAURAV

TALENT MANAGEMENT STRATEGY

Talent Identification & Business Alignment

• Aligned Core Competencies• Job “Performance Profiles”• “Right Fit” Talent

Recruiting, Assessment & Selection

• Succession Planning• Workforce planning

• Talent Supply/Demand• Talent Gap / Risk Analysis• Aging Workforce Analysis• Workforce Diversity

Performance Management & Development

• Performance Mgmt• Leadership SKILLS Training• Leadership DEVELOPMENT

programs• Career Development &

Planning • Hi-Potential Talent Pipeline

Relationship Mgmt

Proactive Talent Retention

• Turnover Analysis• Early Warning Systems• Retention Planning &

Analysis• Employee Engagement• Market Competitiveness

(Comp, Benes, Benchmarking)

BUSINESS STRATEGIC DYNAMICS POWER SECTOR

• Environment and climate change commitments• Energy mix and renewable getting played up• Regulatory scrutiny and performance-linked regulations• Customers demanding flexible tariff structures and retail

competition in the offing.• Weak financials of the state government-owned distribution

companies • Lower demand for power translates to a lower capacity utilization• NTPC Ltd, India’s largest power producer, has appointed

consultancy firm KPMG to work out a new strategy to face the challenges of an evolving energy landscape

INTERNAL CHALLENGES• Change the profile of its professionals from technical to professionals

who possess management ,analytical and commercial capabilities

• Widening skill gaps due to diversification mandates new approach to talent development and attraction

• Aging workforce/Widening workforce gap /Retirement trends

• Dearth of professionals for leadership role

• Adopt new mindset and culture, Promote service & Strategy Innovation, Customer centric focus, Collaboration with Regulators and Adopting new technology

•Executive MBA

•M.Tech in Power Engg

•B.S. (Power Engg)

NTPC’s ApproachEducational Programs

NTPC SCHOOL OF BUSINESS

• TIE UP WITH LEADING INSTITUIONS MDI GURGAON ,IMI ,NANYANG UNIVERSITY SINGAPORE

Com

pete

ncy

Career Progression

Career-linked training programmes

Sr Engg.

ExecutiveDevelopmen

t

Dy Mgr.

FoundationCourse

Manager

DGM/AGM

Sr Mgr.

GM

ED

Capsule Course

Enhancing ManagerialCompetence

ManagementProgram

AMP with Global

Exposure Advanced

Strategic Leadership

Themes in the recent years2012- Optimum HR Utilization: Strategy to meet future challenges

2011- Road map to carry out best competitive tariff bidding

2010- Fast track project execution: New approaches

2009- Building competitive advantage: cultivating capabilities

NTPC Open Competition for Executive Talent(NOCET)

Develop ManagerialAcumen

Encourage creativity & innovative Thinking

Encourage Team spirit Enhance Presentationskills

Non-Conventional Learning Mechanism

Business Minds

Benchmarking

Sharing Best Practices

Professional Circles

NOCET

NCYM-AIMA

Inter Departmental/ProjectsWork Shops and Seminars

Vendor Meet

Leadership Development

Identifying key leadership positions & required competencies

Selecting high potential individuals Designing individual development plans Support of organizational leaders as

mentors Action learning projects

On-line training facility

PMI has leveraged IT driven platforms like e-Learning, Video Conferencing and Web Conferencing to provide training at the desktops of its employees. With the acquisition of the latest version of the Web-conferencing software, it is possible for faculties to conduct classes sitting at their own workplace anywhere in the world.

NTPC BUSINESS EXCELLENCE MODEL

Where do we stand ?

Non - Financial Rewards

• Appreciation letter

• STAR of the Month

• Employee of the Year

• Vidhyut Awards

• POWER EXCEL Award

• ACE Awards

• Mentors Samman

• Manveeyata Puraskar

THANK YOU