Abstract:

                    India is on a fast clip. Employment is burgeoning. Talent shortage is rampant all round. It is estimated that at least 1/3 of business failures are due to poor hiring decisions and inability to attract and retain the right talent. Getting the best talent, and keeping the talent you have is becoming intensely competitive. Most corporate officers say that the biggest constraint to pursuing growth opportunities is talent. Talent acquisition and retention are the important steps taken by   HRM. Talent Acquisition involves all the sub-processes around finding, attracting and engaging highly talented individuals in an organization. This paper while discussing the emerging challenges in HRM focuses on Talent Acquisition strategies, its importance and management.

Key Words :  Talent Acquisition, Recruitment Induction , Performance appraisal, Career Development, Workforce Planning.