Don’t miss the latest developments in business and finance.

'Majority of India Inc likely to use psychometrics by 2016'

Image
Press Trust of India Mumbai
Last Updated : Feb 18 2014 | 9:25 PM IST
Psychometric instruments, mainly used in hiring and for building leadership roles, are likely to be used by 87 per cent Indian organisations by 2016, according to a recent survey.
A survey conducted by Tata Strategic Management Group suggested that adoption rate of psychometrics could increase to 87 per cent by 2016 in the Indian organisations.
About 52 per cent of organisations are currently using psychometric instruments, which facilitate objective people decisions and reduces subjectivity for all levels, it said.
Psychometrics is mainly used for addressing behavioural changes to support decisions for talent processes like recruitment and selection, leadership development, succession planning, high performance identification, team allocations among others, the report said.
The psychometric instruments are also used for managing the diversity needs and providing a benchmark, which decides what kind of talent is needed for the future growth of the company, the report revealed.
Psychometric instruments are currently used by sectors like Information Technology, ITES, followed by chemicals, energy, oil and gas and manufacturing.
"There is a significant increase in the number of organisations using psychometric instruments, especially in service sectors like retail, education and consulting.
"It has been observed that 75 per cent of the organisations that are not using psychometric instruments, have expressed their keenness to learn more, gain insights on industry trends and implement psychometric instruments in their talent management processes," Tata Strategic Management Group Principal and Head- Organisational Effectiveness - Rohan Chopra added.

More From This Section

First Published: Feb 18 2014 | 9:25 PM IST

Next Story