Major Research Project (F. No: 5-244/2014(HRP) on Talent Management Practices in India – Issues and Suggestions for Efectiieness --A study in selected organizations in the State of Andhra Pradesh-- Submitted by Prof. N. Sambasiia Rao (Retd.) Dept. of Commerce and Management Studies Andhra Uniiersity, Visakhapatnam, AP Final Report Submitted to UNIVERSITY GRANTS COMMISSION Ministry of HRD, Government of India New Delhi May 2019 CONTENTS Acknowledgements i Declaration ii List of Tables iii - vi List of graphs vii – viii Executive Summary Chapter I: ix-x Introduction 1-21 Chapter II: Review of literature, Objectives 22-75 Methodology Chapter III: Socio-economic background of the respondents – analysis 76-108 Chapter IV: Analysis of Respondents’ perception on Talent Management Practices 109-163 Chapter V: 164-170 Annexure: 171-197 Questionnaire Bibliography Summary and Suggestions ***** ACKNOWLEDGEMENTS We are indebted to University Grants Commission, New Delhi for sanctioning this major research project, which enable us to enhance our knowledge base in this concerned area of research. We are also thankful to Andhra University, our alma mater, for allowing us to take up this project and for facilities being provided to conduct this study. Our gratitude goes to Professor G. Satyanarayana, present head of the department and Prof. M. Madhusudana Rao, Prof. K. Rama Mohana Rao former heads of the department, DCMS, AU for their moral support and administrative help in diferent stages in completing our research project study. We are indebted to the entire academic staf of the Department of Commerce and Management Studies of Andhra University whose reaction in the proposal, work in progress, and fnal report of this research provided the guidance and direction needed for the arrangement and preparations of this dissertation. I take this opportunity to thank the supporting staf of DCMS, AU for the help given to us during our research period. I also acknowledge with appreciation the encouragement and immense contributions of respondents from various selected organizations in the State of Andhra Pradesh and for their sincere feedback on various aspects of the questionnaire that were used for i this work. They were indeed helpful in the supply of data used for this project study. Prof. N. Sambasiva Rao Prof. M. Sandhya Sridevi DECLARATION We do hereby declare that the UGC Major Research Project entitled “Talent Management Practices in India – Issues and Suggestions for Efectiieness” submitted for the University Grants Commission for the support given to us is an independent work done by us and that it has not previously formed the basis and not submitted anywhere and for any publications. Co-Investigator Investigator Principal ii iii LIST OF TABLES S.N O Table Title of the Table No Page No. 1 1.1 Distribution of Respondents According to their Gender 77 2 1.2 Distribution of Respondents by their Age 79 3 1.3 Distribution of Respondents According to their Educational Qualifcations 81 4 1.4 Distribution of Respondents According to the economic sector 83 5 1.5 Distribution of Respondents by their Work Experience 85 6 1.6 Reliability testing 87 7 1.7 Perceptions of the respondents on the importance of Talent Management with their position 110 8 1.8 Methods to identifying Talent Management 111 9 1.9 Perceptions of the Acquiring New Talents 10 respondents on 113 1.10 Perceptions of the respondents Leveraging Existing Talents on 114 11 1.11 Perceptions of the respondents on Retaining the Current Potency Talent 115 12 1.12 Perceptions of the respondents on Talent Retention in the Organization 116 13 1.13 Perceptions of the respondents on Value Addition and Talent Management 117 14 1.14 Perceptions of the respondents on various strategies of Talent Development 118 15 1.15 Perceptions of the respondents on various dimensions of Employee Career Development 119 16 1.16 Perceptions of the respondents on various 120 iv dimensions of Performance Management 17 1.17 Perceptions of the respondents on various dimensions of Employee Engagement 121 18 1.18 Perceptions of the respondents on various dimensions of Competencies /Skills Mapping 122 19 1.19 Perceptions of the respondents on various dimensions of Employee Retention 124 20 1.20 Mean scores of the Employee Retention on 125 21 1.21 Perceptions of the respondents on var