Talent Management
Talent management is defined as the methodically organized, strategic process of getting the right talent onboard and helping them grow to their optimal capabilities keeping organizational objectives in mind.
The process thus involves identifying talent gaps and vacant positions, sourcing for and onboarding the suitable candidates, growing them within the system and developing needed skills, training for expertise with a future-focus and effectively engaging, retaining and motivating them to achieve long-term business goals. The definition brings to light the overarching nature of talent management – how it permeates all aspects pertaining to the human resources at work while ensuring that the organization attains its objectives. It is thus the process of getting the right people onboard and enabling them to enable the business at large.
Under the
umbrella of talent management, there are a string of elements and sub-processes
that need to work in unison to ensure the success of the organization. For
example, analyzing the right talent gaps for the present and the future,
identifying the right talent pools and best-fit candidates, getting them to
join and then optimizing their existing skills and strengths while helping them
grow are touch-points that are all equally important. They support each other
and the whole structure would crumble even if one sub-process fell out of sync.
key steps in the process of managing talent effectively:
Talent Management Strategy.
Talent
management is not a mere checklist of requirements that need to be sufficed –
it is a strategy that needs careful implementation, regular checks, and
continual improvement. The following are the six primary talent management
strategies that serve as the pillars of people functions.
1. Detailed job description
9 Comments
Talent management is the broad extent of Human Resource Management processes to attract, onboard, develop, encourage, and retain high-performing people in the organization.
ReplyDeleteYes. & also it will be effectively contribute to achieving the organization objective's & Knowledge , Innovation's , Process development were additional benefits to the organization .
DeleteReward and recognize right is a very important talent management strategy that can be keep the employees without being dissatisfied.
ReplyDeleteYes.
DeleteTalent management is one of the most current topics in HR. How can we give candidates the best experience? How can we attract and retain the best people? What do we need to do to win the war on talent?...useful article.
ReplyDeleteAccording to the current COVID 19 pandemic , Talent management is effectively contribute to the organization.
DeleteTalent management is an important function for an organization because identifying the potential of an employee rather than just knowing the available skill of an employee would benefit the organization in future. Hiring employee just for the job scope wouldn't benefit the organization's talent pool. Due to this reason, it is wise to have proper talent management in the organization to identify the potential of employees and give them proper training in order to make use of their full potential for the benefit of the organization and the benefit of the personal development of the employee.
ReplyDeleteYes. Most of the organization is identify that importance of the talent management as your describe.
DeleteIs it helps to identifying the potential of an employee rather than just knowing the available skills ?
ReplyDelete