Review Article EMBRYONIC ISSUE OF TALENT MANAGEMENT IN INDIAN PHARMACEUTICALS INDUSTRY

Most of Indian pharmaceutical company claims that human resource is its greatest asset but only a few of their organizations policy, procedures, practices and performance reflect the same. We need to understand that human resource management comprises of 4e‟s these are engaging, enhancing, empowering and enabling. Having inducted is not enough; pharmaceutical companies need to support talented individuals to satisfy their personal vision and organizational vision by engaging them in the activities which are closer to their heart. Thus Indian pharmaceutical companies as a part of their business strategy should give adequate importance to talent strategy. We will suggest that Indian pharmaceuticals should recruit raw potential, and then try to whet this potential into fresh cadre of individual who have the ability to deal with a changing situation, can use creativity in overcoming challenges instead of getting paralyzed by it