Home / Knowledge / News / Innovative Hiring Strategies are the need of the hour, CII seminar
Innovative Hiring Strategies are the need of the hour, CII seminar
04
Apr '08
Hiring the right talent is the greatest challenge in business environment and new and innovative hiring strategies are the need of the hour if Indian companies have to succeed in the changing global scenario, said P Rajendran, Director and Chief Operating Officer, NIIT, and Member, Confederation of Indian Industry (CII) National Committee on HR & IR/ER, at a unique seminar on 'Innovative Hiring Strategies' organized by the CII in New Delhi.

With Indian companies entering the phase of global mergers and acquisitions, already there is a shift in standard hiring practices, Rajendran said and added that the compensation being offered, sharing the vision of the company and transmitting a sense of passion in the company to the prospective employee will go a long way in attracting the right talent.

Some of the innovative hiring strategies could include hiring teams and not just individuals and offering education and placement packages, he suggested and added that over the past few years HR is witnessing a dramatic increase in lateral hiring of professionals with some years of experience, hiring from the public sector as well as experienced people looking for second careers. The challenge facing many firms was to hire with retention, he said.

A smart and sophisticated workforce will be the most important corporate resource over the next 20 years. The demand for this resource is sure to go up; however, the supply is already dwindling, said S Y Siddiqui, Managing Executive Officer ADMN (HR, Finance & IT), Maruti Suzuki, and Member, CII National Committee on HR, IR/ER

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search