Mr. V. Ravi shared his experienceas a Panellist at IIM Raipur’s
First HR Confluence on August 25, 2012 (Theme: Managing Talent
for Competitive Advantage: From Identifying and Acquiring Talent
to its Retention).
Speaking on ‘Talent Development’ he enumerated the varioustalent
development methods/strategies formulated, followed and the
challenges faced while implementing it. He talked about the
relevance and efficiency of conventional training methods which
included, on the job training, classroom training, business
industry exposure, coaching and mentoring.
He believed that the biggest challenge today faced by the
industries was the challenges faced were Business Growth, Talent
Outage, Leadership and Talent Development. Such issues cannot be
tackled solely by one time training rather it required
intensive, on-going efforts by the organisations to develop
their talents further. He illustrated the example of 'Leadership
Development Program' (LDP) at L & T which was an on-going
(approximately 7 months) focussed approach towards leadership
development that emphasized on Whole Person Understanding,
Aspiration Setting, Action Planning, Creating Value and
He strongly suggested that companies should work with their
talents to develop them so that the potential is realised and
employees become a party to further growth of the business.