Talent is a high cost and critical variable impacting an organization’s productivity and profits. In boom times it is a CEO concern from the acquisition/retention angle to enable growth and in downturns it becomes a utilization and cost concern. Organizations can maximize returns on talent by aligning their talent strategy with its strategic challenges, in any economic/ industry scenario, and gain an edge over their competitors, say Sona Rajesh and Amit Bajpayee of Tata Strategic Management Group. (This article was published in the Strategist, Business Standard, April 28, 2009)


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