ADOPTION OF TALENT MANAGEMENT PRACTICES FOR MANAGING DIVERSITY RELATED ISSUES IN SERVICE ORGANIZATIONS IN PUNE REGION

People are the assets of any organization as the organizations are struggling to have the best and the brightest talent with them. Recent research and data have indicated that although employee diversity could create conflicts and thereby hampering organizational performance, diversity in business leadership and management teams also may lead to better business outcomes. It is important that in the event of co-existence of multiple diversities at the workplace, the underlying differences between them are leveraged for greater business benefits. Diversity at workplace leads to innovation, creative ideas and a positive impact on productivity. Companies should consider adopting or endorsing an official policy on these issues, and developing a strategy to implement the policy. Talent management today has become one of the common and important terms in the Human Resource Department. The objective of this research is to investigate different types of diversity issues that affect the productivity and organizational performance. The study indicates that talent management practices can help the organizations in addressing diversity issues. It is an exploratory study about talent management practices being followed by service organizations in Pune.