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    Talent Management Problem Statement:: Solution

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    yewub
    The document discusses India's problem of brain drain and losing skilled professionals to other countries. While Indian students and professionals are succeeding globally, India is missing out on opportunities to innovate and develop cutting-edge technologies. The solution proposes that India establish an organization like Talent Corporation Malaysia Berhad, which works to connect Malaysian professionals abroad to opportunities in Malaysia and mobilize talent back to the country in line with economic needs.

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    Talent Management Problem Statement:: Solution

    Uploaded by

    yewub
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    The document discusses India's problem of brain drain and losing skilled professionals to other countries. While Indian students and professionals are succeeding globally, India is missing out on opportunities to innovate and develop cutting-edge technologies. The solution proposes that India establish an organization like Talent Corporation Malaysia Berhad, which works to connect Malaysian professionals abroad to opportunities in Malaysia and mobilize talent back to the country in line with economic needs.

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    The document discusses India's problem of brain drain and losing skilled professionals to other countries. While Indian students and professionals are succeeding globally, India is missing out on opportunities to innovate and develop cutting-edge technologies. The solution proposes that India establish an organization like Talent Corporation Malaysia Berhad, which works to connect Malaysian professionals abroad to opportunities in Malaysia and mobilize talent back to the country in line with economic needs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    27 views1 page

    Talent Management Problem Statement:: Solution

    Uploaded by

    yewub
    The document discusses India's problem of brain drain and losing skilled professionals to other countries. While Indian students and professionals are succeeding globally, India is missing out on opportunities to innovate and develop cutting-edge technologies. The solution proposes that India establish an organization like Talent Corporation Malaysia Berhad, which works to connect Malaysian professionals abroad to opportunities in Malaysia and mobilize talent back to the country in line with economic needs.

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    of 1

    Talent Management Problem Statement:

    In recent past we have noticed Indian professionals leading global corporations and making difference at a global
    scale in their respective area. Every year there are good number of Indian students who move to other countries
    and subsequently pursue their career there. There are also a large pool of Indian resources who are moving abroad
    through Indian IT services and consulting firms. This has been a case for many decades now and still we have not
    seen any firm action on Government’s part. We have always complained about the so called “brain drain” but have
    not seen any change on this trend.

    Of course, due to technological advancement, we now live in a very globally connected eco system and Indian
    institutions have much better connects with their global counter parts. Question here is, whether just collaboration
    and joint working is enough.

    There is no question about the quality of Indian students and also on the quality of established Indian institutes.
    When the same students are making real difference in their through an institution abroad, India misses the
    opportunity. Often, these resources are not interested to come back due to the facilities at home and the quality of
    work that happens in their home country.

    One of areas where India has dominated at the global scale is information technology and particularly in software
    services. However, off late Indian companies are taking the path of managing large IT operations by deploying large
    number of semi-skilled resources. When possibly there is nothing wrong with this as a business strategy, I personally
    feel India as a country is losing the opportunity to innovate and develop cutting edge technology in one of their best
    performing sectors. I can keep highlighting about the real issues with Indian IT companies, because I have been a
    part of this sector for last 12 years.

    Oher areas like fundamental research, industrial research, engineering technologies, manufacturing technologies
    are some of the other areas where India needs more skilled resources and Indian institutions need to change their
    gears.

    Solution:

    In my humble opinion, India should follow the path of Malaysia in this regard. Malaysia has established an
    organization called “Talent Corporation Malaysia Berhad (TalentCorp)” who is mandated to mobilize Malaysian
    talent outside to get the right career at home.

    Talent Corporation Malaysia Berhad (TalentCorp) was established on 1 January 2011 under the Prime Minister’s
    Department to formulate and facilitate initiatives that address the availability of talent in line with the needs of the
    country’s economic transformation.

    Collaborating closely with relevant Government agencies and employers in priority economic sectors, TalentCorp
    develops demand-driven initiatives to enhance graduate employability, optimize Malaysian professionals, engage
    Malaysians abroad, and facilitate foreign talent.

    TalentCorp engages Malaysians abroad by raising awareness of professional opportunities in Malaysia and providing
    platforms for leading employers to engage with both students and professionals. They manage Global Malaysians,
    an online job board connecting Malaysian professionals working overseas to professional opportunities with
    Malaysian employers across key economic sectors.

    For more information on their charter please follow : http://www.talentcorp.com.my/

    This is a great initiative and it has been very very effective in getting their global talent back.

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