Two-day conference on talent management concludes at UBS

Tribune News Service

Chandigarh, January 22

A two-day international conference on ‘Strategic competency mapping for talent management and retention' concluded at University Business School, Panjab University.

Prof Deepak Kapoor, chairman of UBS, gave the welcome address to all the guests, faculty, participants and students present at the event. He also felicitated the key people present at the conference. This was followed by the presidential address by Prof Meenakshi Malhotra, DUI. She laid emphasis on defining competency and how competency mapping can be an advantage to the organizations for managing employees in different areas- career planning, training need analysis, performance appraisals etc. Followed by this, Ashwani Prashar, address the audience initiating by saying that today's world is moving to disruptions. These disruptions, primarily due to technology, are transforming the HR functions at workplaces which are going to be more digital and flat in the coming future. He laid focus on the three key competencies a person must have- learn, unlearn and new learn. Organisations must build an environment to develop these three competencies by creating a positive energy environment and capitalising on the strengths of the employees in the organisation.

A panel discussion was organised where views on the issues ranging from skill gap, upgradation of course curriculum, education planning and policy at national and international level for meeting leading challenges in emerging employee-employer relations. Prof Sukhpal Singh from CRRID emphasised the issue of adverse selection and moral hazard problem which is generally happening in most of the organisation which has far reaching implications for the organization particularly recruiting and retaining talent in business organization. Further, Dr Sandhya Gupta, Head Department of Mental Health Nursing, College of Nursing, AIIMS, New Delhi, emphasised that feelings of the employee needs to be taken care of by the organisation to retain them in the long run.