Talent Development in Family-managed Businesses: A Cross-organizational studies on SMEs and large business units in India

By : Dipak Kumar Bhattacharyya

Page No: 172-181

Abstract
Family-managed organizations practice talent development through alternative experiential learning approaches like mentoring, crossskilling and even by focusing on employee engagement. This study examines the trend in talent development practices in familymanaged business units in India, based on information compiled from two family-managed small and medium-sized enterprises (SMEs) and two family-managed large business units. The study outlines the talent development practices in sample familymanaged SMEs and then compares it with talent development practices of two large family-managed business units. Based on the literature support and the results of comparison, the study then suggests the need for emulating the best practices on talent development in family-managed SMEs, even when direct investments are not made.

Author :
Dipak Kumar Bhattacharyya : Professor, Xavier Institute of Management, Bhubaneswar, Odisha, India