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Attraction and Retention of Talent Management in R&D

K. B. Akhilesh
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K. B. Akhilesh: Indian Institute of Science (IISc)

Chapter Chapter 10 in R&D Management, 2014, pp 115-123 from Springer

Abstract: Abstract This chapter highlights the need for talent management to undertake a strategic analysis of the HR processes in R&D organizations. The talent management is a performance-oriented, conscious, deliberate approach undertaken to attract, develop, and retain people with the aptitude and abilities to meet the current and future R&D needs. This chapter has given a brief introduction, operational definitions, and its scope in R&D activities. At the end of this chapter, we have discussed required competencies for talent management and the challenges of retaining talents to maximize the return on their human capital investments. Learning Objectives: To understand talent, talent management, talent specific to the research activity and developmental activity, and global talent management; to present an outline of competencies required for talent management and Freudian psychology of reward and punishment applied to effective learning; to present an overview on talent management in India and the challenges faced.

Keywords: Talent management in R&D organizations; Global talent management; Outlining the competencies of effective talent management; Outlining the talent specific to research methods; Challenges of retaining talent in the R&D centers; Leadership and career development (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-1946-0_10

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DOI: 10.1007/978-81-322-1946-0_10

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