Companies like IBM, HCL, others roll out initiatives to nurture young talent well
Cos are rolling out initiatives like assignments, job rotations and global stints to ensure that young talents are nurtured well.
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“It is imperative to constantly develop the leadership bench to steer an organisation to the next higher levels of growth and success,” says Hariraj Vijayakumar, assistant vice-president, learning and development, Cognizant. “This helps not just in enabling the right talent to take on bigger roles in the organisation, but also paves the way for seamless succession planning.” The Cognizant Academy offers several development programmes that support specific leadership inflection points of one’s career.
The programmes create development experiences through case studies, roleplays, simulations, games and videos to help participants understand leadership.
IBM has a tiered approach to leadership development. Even those who do not form part of the talent pool get adequate opportunities through on-the-job experiences and structured development. Programmes like ‘stretch assignment’ provide employees a platform to go beyond their comfort zone. In addition to their regular work, they select a time-bound project addressing a real business challenge where a cross-section together as a task force, says Sukanya Choudhury, country leader for business and technical leadership.
At HCL Technologies, the ‘Top Gun’ programme helps young leaders take accountability for transformational and global strategies. “The programme provides a roadmap for individuals by asking them to introspect and understand their personal aspirations as well as present competencies,” says Prithvi Shergill, chief human resources officer.
The programme development team drafts an individual plan for each, so they can work with their appraisers, reviewers and HR partners, and enlist senior leaders to help them grow.
For its part, Procter & Gamble has a twopronged strategy for its young leaders-inwaiting.
At Mumbai-based HDFC Bank, the high potential talent pool is identified from among the star performers. “At least 25% to 30% of high potentials make it to the next levels, on a fast track,” says Nishma Kapoor, head — talent and development.
The bank charts alternate plans for the rest: those who have potential but may need to be groomed to the next level, or for those for whom positions may not be available immediately, and even those who may be great at their current roles but do not have the potential for the next level.“We look at cross-functional roles, job rotation and individual development plans for high potentials, including those who do not make it to the leadership pipeline. If you have the potential, with the right inputs, leadership will happen in due course,” says Kapoor.
For people who may not have the potential to make it to the next level, the bank gives them latitude in terms of job rotation. Career discussions take place, as do discussions on alternate career paths.
“We conduct career planning discussions with skip-level supervisors and the incumbents to understand their aspirations,” adds Kapoor.
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