India Among The Nations With Poor Talent Utilization
BANGALORE: Well most of us thought that India and china are the best when it comes to utilizing individual talents, but you’ll be surprised when you read through this information as both of this developing countries fare poorly in recognizing talent and providing sufficient opportunities that help drives economic growth, reports Times of India.
According to a first of its kind report released by LinkedIn and PwC, titled ‘The Adapt to Survive’ revealed that poor talent alignment is costing Indian companies as much as 50,800 crore in lost productivity. The reason why this low productivity occurs is when alignment is less than perfect, a mismatch occurs and optimum productivity cannot be reached.
The report also analyzed real-time behaviors drawn from LinkedIn’s 277 million members and employer information from PwC’s Saratoga database of people and performance metrics, which covered more than 2,600 employers across the globe.
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