Shiv Nadar-led HCL Corp may not have yet announced a succession plan for CEO and executive director Roshni Nadar, but the group seems to have taken a step towards it on Thursday when it launched HCL TalentCare, a talent solutions company, in which Roshni is expected to play a key role.
HCL TalentCare will address a wide spectrum of entry-level employability needs in India, creating a ready talent pool of professionals in IT, banking, financial services and insurance and healthcare.
It will be through a paid, 6-month residential training programme that will address critical skills — professional, technical, domain, behavioural, language, and communication. It will offer the enterprise client with replacement, scale-up/scale-down options and assist in managing bench, attrition, growth and quality. The company aims to enrol over 20,000 graduates by 2018.
This is a sort of return to the roots for the group: its original business was education, in NIIT, and later the Shiv Nadar Foundation. “I am not going to be operationally involved with the business, but with the kind of experience and learning that we have in the field of education, we can bring that talent to TalentCare,” Roshni Nadar told HT. “We operated a pilot project last year that had 600 students. It was fully paid and all have got placements.”
HCL TalentCare has partnered with banks and non-banking financial instituions to facilitate financing for those who want to take loans to pay fees. “Our programmes for banking, insurance and healthcare are starting from January 2016, and fee will range from Rs 1.5-3 lakh,” said Premkumar S, chief mentor, HCL TalentCare.