HCL Tech named leader in Talent Readiness and Digital Talent Capability 2021 by Everest Group and Avasant Radarview

4 Jan 2022 , 04:12 PM

HCL Technologies Limited (HCL) has been recognized as a leader in talent readiness and digital talent capability in 2021 by Everest Group and Avasant RadarView, respectively.

The research firms commended HCL for its robust strategy and ecosystem for digital talent development, structured go-to-market, and branded offerings for talent-related themes, investments in building agile workspaces, full employee lifecycle, and identifying the next generation IT skills.

In its “Talent Readiness for Next-generation IT Services PEAK Matrix Assessment 2020” report, Everest Group said clients appreciate HCL’s openness to experiment with new talent onboarding initiatives and its focus to be future-ready from a training perspective that Has helped the company position itself among the top services providers for talent readiness across competency areas.

It further noted HCL’s push toward moving away from a factory-based pyramid model also resonates broadly as clients look at the next-generation IT skills.

“Structured go-to-market and branded offerings for talent-related themes has helped HCL Technologies to be positioned as a leader in the Talent Readiness for Next-generation IT Services PEAK Matrix Assessment 2020,” said Ronak Doshi, Partner at Everest Group.

In its “Digital Talent Capability 2021 RadarView” report, Avasant Radarview lauded HCL’s digital strategy talent capabilities, talent transformation and talent investments and innovation. It highlighted HCL’s talent programs, including analytics-based skill program Skills@Scale, multiple domain capability building initiative TEX Academy, the ASCEND women’s leadership program, its New Vistas program focused on recruiting talent in Tier 2 cities, and its apprenticeship programs.

The report also noted HCL’s focus has been on talent localization for on-site and onshore locations, which currently stands at 65-70% across all geographies as of FY2021.

“HCL continues to successfully deliver digital transformation for its clients supported by high availability of a digitally trained and project-ready workforce,” said Shwetank Saini, Research Leader, Avasant. HCL believes in a culture that fosters grassroots innovation and is committed to providing its employees with an equitable, safe and inclusive work environment.

With a female workforce of more than 27% and employees of 162 nationalities, HCL prides itself on employing people from diverse backgrounds, creating a unique fabric of values and traditions. HCL’s HR initiatives have received global accolades, including being recognized by the Great Place to Work, the Top Employer Institute, Forbes Best Employer among others.

“We look for people with not only best-in-class functional skills, but also with soft skills including social intelligence, imagination, innovation, creativity and improvisation to solve unexpected problems and empathy,” said Apparao VV, Chief Human Resources Officer, HCL Technologies.

“We have been strongly committed to upskilling and re-skilling our workforce to meet any future technological disruptions and provide them an inclusive, diverse and highly engaging environment.”

HCL Technologies Ltd ended at Rs1,333.40 per piece up by Rs7.15 or 0.54% from its previous closing of Rs1,326.25 per piece on the BSE.