India Inc now picks its C-level champions from indoor pool
top roles.
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Top company officials said India Inc is experiencing a resurgence in internal leadership hiring, with a focus on providing seasoned professionals with the opportunity to have longer and more fulfilling job tenures.
This shift comes after years of intense external hiring and competition-driven poaching efforts.
Leading conglomerates like Aditya Birla Group, Mahindra Group, Vedanta, Larsen & Toubro, RPG Enterprises are increasingly feeding in their CXO or top talent demand with in-house pros, marking a shift in strategy of high reliance on external search.
Building Talent Pipeline
Many are looking to fill as much as 70-80% of senior leadership positions internally compared with about 40-50% internal hiring 5-6 years ago, said the officials.
Anish Shah, group CEO and managing director of Mahindra Group, said, «There is more emphasis to feed leadership positions with in-house talent.» «With focused initiatives on attracting best talent and nurturing leadership teams within, we aim to provide leaders of tomorrow the right exposure and create a ready pool of high-potential talent to promote.»
«We're getting to the vision of filling up 80% of the roles internally in the future,» Shah said. «Through Future Shapers — which is the leadership journey for our top management, we've been able to achieve a total of 71% rotations. For example, 15 leaders have taken
