SYNOPSIS ON

“A STUDY ON TALENT AND AQCUSITION PROCESS AT

MILMA(ERCMPU)LTD KOTTAYAM”

Submitted in partial fulfilment of the requirements for the

award of the Degree of

MASTER OF BUSINESS ADMINISTRATION OF BANGALORE UNIVERSITY

By

Name: NANDANA NARAYANAN

Reg. MB181680

Under the guidance of

Name of guide: PROF. SHAGUFTA SHOWKAT
Designation of Guide: Associate Professor

KRUPANIDHI SCHOOL OF MANAGEMENT

Bangalore North University
2018–2020
• TITLE OF THE STUDY

“ A study on Talent and Acquisition process at

Milma(ERCMPU)Ltd Vadavathoor, Kottayam”

• INTRODUCTION

As an organization needs to succeed and survive, or compete effectively in

the global economy in this era of globalization, employers must be in the
position to propound and practice recruitment and selection of employees in
the best way. The accomplishment of a business or an association is
straightforwardly connected to the exhibition of the individuals who work
for that association. Underachievement can be an aftereffect of work
environment disappointments. Each association has its very own necessities
in procuring representatives. It is fundamental that associations select
individuals with the quality basic for proceeded with

achievement in this focused worldwide town. The main methods for making
this progress is through appropriate enrollment and choice practices.
Enrollment and determination can assume an essentially significant job in
forming an association's adequacy and execution, if work

associations can gain laborers who as of now have pertinent information,

aptitudes and aptitudes and can make a precise forecast with respect to their
future capacities. Recruitment and choice likewise has a significant task to
carry out in guaranteeing laborer execution and positive authoritative results.
The perfect enlistment exertion will pulling countless qualified candidates
who will accept the position on the off chance that it is advertised. It ought
to likewise give data with the goal that inadequate candidates can self-select
themselves out of employment application; this is, a great enrolling system
ought to draw in the certified and not pull in the unfit. This double target
will limit the expense of preparing unfit competitors. It is

frequently guaranteed that determination of laborers happens not simply to

supplant withdrawing representatives or add to a workforce yet rather
expects to set up specialists who can perform at an abnormal state and show
duty.

• STATEMENT OF THE PROBLEM

Talents should be acquired on the basis of the competancies of the

candidates that are suitable for the required job position. Increasing
competition, shrinking labour pools and changes in the attitudes of
young people all may be factors in the recruitment problem.
Innovative recruitment strategies must be developed in order to
attract qualified candidates. An organisation must aim at attracting
good talents and completing the hiring process within the optimum
time to gain competitive advantage.

• OBJECTIVES
Primary objective
The main objective of the study is to understand the entire process
and practices followed for acquiring talents at Milma(ERCMPU)
Ltd Vadavathoor, Kottayam.

Secondary objective
 • To check the effectiveness of Talent Acquisition at
Milma(ERCMPU)Ltd Kottayam.

• To get an insight into the sources of recruitment that

Milma(ERCMPU)Ltd Kottayam follows
• To identify the factors that selecting the candidates for the
required position.
• To understand the need of human resources that are recognized
by the company.

• SAMPLING
Research Design
Descriptive research has been done by assessing the entire
practices that are followed while recruiting,selecting and
onboarding the candidates.
Observation and conclusion have been made during the entire
process.

Sampling Frame
The sampling frame chosen to do this study is OYO
Rooms,Bangalore.

Sampling unit
Human Resource Team,Talent acquisition managers of all the
department of OYO Rooms, Bangalore and few employees who
are engaged in the acquisition process.

Sample Size
 For this study, total sample size cosen is 50.

Sampling Technique
Convenience sampling method has been used. I have only chosen
the employers who are involved in the interview process.

• OPERATIONAL DEFINITIONS AND

CONCEPTS

“Talent acquisition is the ongoing cycle of processes related to

attracting, sourcing, recruiting, and hiring (or placing) employees within
an organization. This includes elements of employment branding,
outreach, networking, and relationship building with potential candidate
communities to continually build and enhance the talent pool for an
organization.”
Talent acquisition refers to the process employers use for recruiting,
tracking and interviewing job candidates, and onboarding and training
new employees. It is usually a function of the human resources
department.
By utilizing the correct selection techniques one can guarantee that the
competitor does not just has the correct abilities for the activity, yet in
addition has the correct character to fit into the current hierarchical
culture. When that "right" individual has been utilized, the organization
needs to guarantee that the correct motivators are set up.
 • DATA COLLECTION
Primary data:

Primary data will be collected using a structured questionnaire as well as

personal interview method.

Visit the organization and observing the work flow.

Secondary data:

The secondary data for this work will be obtained from company
magazines and brochures, website, internet, text books, reports and
other promotional materials.

• PLAN OF ANALYSIS

The data collected from various sources will be tabulated and

represented using the percentage and ranking method. Graphical
tools like bar diagrams, pie charts etc., will be used to illustrate the
tabulated data pictorially. Inferences and interpretation of the data
will be done on the basis of tabulated data.