ROLE OF A LEADER IN STRATEGIC TALENT MANAGEMENT -A STUDY IN TECHMAHINDRA

A key challenge organizations facing today is developing their current and aspiring leaders. Increase in globalization results in shortage of human capital which is one of the greatest challenges faced by organizations in dynamic environment. Developing special talents and retaining them is very important for organization. This study is mainly focussed on number of strategies to address this challenge and increase the likelihood that leader development efforts will yield successful outcomes. We begin by discussing the importance of linking leader development efforts to the organization's mission and strategy, noting how these links can clarify leadership performance objectives, competencies and gaps. This study is all about developing and guiding employees who are able to contribute to company's success. Growth of an organization lies in retaining and understanding, managing and developing talent in best possible way.