The Magnetic Organization: Attracting and Retaining the Best Talent

The biggest challenge enterprises face today is attracting and retaining talent. Even if most companies succeed in attracting the best talent, most of them falter on the critical part which is retention. This book unravels the mystery behind ‘The Magnetic Organization’. It provides practical solutions that managers can use to address their employees’ real concerns and keep them actively engaged.

Table of Contents:
Preface Introduction Attracting the Right Talent Nurturing Talent Retaining Talent Talent Management

About the Author :
Dipak Kumar Bhattacharyya is a Professor of Organizational Behavior at Xavier Institute of Management, Bhubaneswar, India. He is Ph.D. in Management from University of Calcutta, West Bengal, India. For about 15 years, he has served the corporate world in training and organizational development function. In the last two decades, he has worked with several management institutes in India. He has also served as the Director, Centre for Management Education, All India Management Association, New Delhi; the Director (Academic), Institute of Engineering and Management, Kolkata; and a Dean, Indian Institute of Social Welfare and Business Management, Kolkata. He is a visiting faculty at XLRI—Xavier School of Management, Jamshedpur. Professor Bhattacharyya has an extensive consultancy experience in human resources (HR), quality management, and organizational development and restructuring areas. He has published 25 books on HR management, and has contributed more than 100 papers in various journals of national and international repute.

Review :
The most successful companies now practice talent management to maintain their competitive advantage. Professor Dipak Kumar Bhattacharyya’s new book has captured strategies and proven practices to build a world class workforce. Ever since the phrase “War for Talent” became a part of the HR manager’s dictionary, there have been numerous seminars and discussions on the topic. However, I think for the first time Professor Dipak Bhattacharyya has succeeded in providing a comprehensive road map to win the war! His concept of an employer as a talent magnet captures very succinctly today’s needs of organizations visà- vis talent management. This book will be helpful to all those with a serious interest in talent management. The Magnetic Organization: Attracting and Retaining the Best Talent written by Professor Dipak Kumar Bhattacharyya, a well-acclaimed name in the field of human resource management, is for the HR practitioner who is seeking a “go-to,” “how-to” book on attracting and retaining winners. Based on sound theoretical principles, with industry examples and step-by-step action plans, it will be an invaluable aid to any manager who wants to emerge as a winner in today’s “war for talent.” Professor Dipak Kumar Bhattacharyya is a well-known scholar in talent management practices in organizations and a gifted writer whose enormous experience in both the academic and corporate world blends together both theory and practice in distilling the core essence of TM’s value proposition and suggesting the tools and techniques for acquiring and retaining talent. One of the book’s key strengths lies in its comprehensiveness in terms of its orientation, style, coherence, coverage, and depth, replete with tips, illustrative examples, and cases—one that makes effortless and stimulating reading. I am sure this book will help both HR practitioners and students with a compelling value proposition to wide readership both in India and abroad in winning the “war for talent.” The title of the book The Magnetic Organization: Attracting and Retaining the Best Talent obviously grabbed my attention, as its theme is of contemporary relevance. Dr Bhattacharyya, a professor in Xavier University, Bhubaneswar, is a renowned scholar and a passionate teacher. This book encompasses a unique blend of theory and virtual applications to study organizational dynamics, embedded with strategic plans to accomplish talent management for effective acquisition and retention of talent in organizations. I strongly believe this book will serve as a guide to the manifold challenges of an organization toward achieving the status of “The Magnetic Employer.” I wish the book all success. I greatly value this book from two standpoints: First attracting and retaining the best talent is one of the biggest challenges for organizations. Professor Bhattacharyya has vividly emphasized the value of talent, developing talent and retaining the talent. He has also gone into many well-known theories and concepts related to talent development. In the process, he also suggested various strategies to develop and retain talent. Second, the book will be very useful to Human Resource professionals, researchers, and organizations in their recruitment and further in developing and retaining talent. With the fierce competitions and economics difficulties, it becomes more and more important for organizations to build knowledge assets as quickly and flexibly as possible. One solution before organizations is becoming “talent magnets.” This book tackles the gap between established theories and practices on talent management and provides step-by-step action plans to talent acquisition and retaining through in-house capabilities. The author in his book The Magnetic Organization: Attracting and Retaining the Best Talent simplifies and synthesizes issues, including controversial ones and provides new insights on talent management. The author’s approach makes the book suitable for talent management courses as well as a self-guide for organization’s managers. “Professor Dipak Kumar Bhattacharyya’s new book has captured strategies and proven practices to build a world class workforce” This book unravels the process of making an organization “The Magnetic employer” through efficient talent management practices. One of the key strength of the book is that it lies in its comprehensiveness in terms of its orientation, style, coherence, coverage, and depth…this book can meet the academic requirements of management studies. The author’s approach makes the book suitable for talent management courses as well as a self-guide for organization’s managers.