Managing Millennial Talent in Diverse Organizations in Corporate India
Talent management strategies are dependent on the constitution of an organisation’s workforce and as such are usually evolutionary in nature, to address contemporary issues. With businesses world over having recognised the economic and talent imperative of a diverse workforce, these management strategies must be tailored to engage, retain and develop employees - men and women, belonging to different generations, culturally and linguistically diverse. Though gender diversity in corporate India has been an area of focus for many high growth organisations, generational diversity or diversity in the ages of workers is under-explored in the Indian context. The need for smart strategising becomes the need of the hour when one generation of all accounts for the majority of workers - the MILLENNIALS. This paper is based on a nation-wide study of millennials (born in or after the year 1985) cutting across gender and geographical boundaries. Basis the career aspirations, expectations and drivers of Indian millennials that could also give rise to intergenerational workplace conflict recommendations on strategies for managing this cohort are made.
Saundarya Rajesh, Karthik Ekambaram, Anju Rakesh