Larsen & Toubro strides out strategically on talent management: Big rise in performance following the introduction of 360-degree feedback
Human Resource Management International Digest
ISSN: 0967-0734
Article publication date: 10 August 2015
Abstract
Purpose
Describes how, in a highly competitive environment, Larsen & Toubro attracts and retains its talent in a strategic way.
Design/methodology/approach
Researches the firm’s various talent-management and leadership-training strategies.
Findings
Reveals that 360-degree talent management is necessary to empower employees and to develop leadership capacities.
Practical implications
Presents a framework for talent management and leadership development in a manufacturing business which can be recast to suit different organizational set-ups.
Social implications
Explains that the company recruits many of its workers from rural India. Employees are recruited for their potential as much as for their existing skills.
Originality/value
Describes a new dimension of talent management being practiced and its success in a manufacturing business.
Keywords
Citation
Panda, S. and Sahoo, C.K. (2015), "Larsen & Toubro strides out strategically on talent management: Big rise in performance following the introduction of 360-degree feedback", Human Resource Management International Digest, Vol. 23 No. 6, pp. 5-8. https://doi.org/10.1108/HRMID-06-2015-0095
Publisher
:Emerald Group Publishing Limited
Copyright © 2015, Emerald Group Publishing Limited