What is Talent Management?
Contrary to popular belief, Talent management does not mean hiring the right candidate for the position. If only things were that simple. That’s the job of the Human Resource team.
Talent management does a lot more than just hire a candidate for the required position. Their process includes:
Planning is the initial step in the process of Talent management. It includes:
Planning and deciding the source of hiring falls under attracting. This includes:
Selecting is one of the most crucial steps in the process. This includes:
Developing is the process where the chosen candidate is prepared for joining the organization. This process includes:
Retaining an existing employee is vital for the existence of any organization. A lot of money and time is invested in creating the hiring process and ensuring that the candidate is trained to match the programme requirements.
Talent management needs to create plans to ensure that they do not lose an employee after all the investments on them. This is done by:
Transitioning aims at the overall transformation of all employees so that they work towards the organizational vision.
Talent management needs to ensure that the upskilling of employees need to be done in such a way. This can be attained by:
Having said this, Talent management should not resort to micro-managing a process or an employee. This is definitely not the way to go about monitoring.
Talent management should function as an overlooking entity who is accessible to all employees for suggestions and criticism.
Now that we know that Talent management is and how they function, allow us to share a few tips and tricks to help you do it better.
Read Also: Performance Appraisal – All You Need To Know
Talent management is an integral part of any organization. Not just managing employees and their appraisals, Talent management forecasts, plans and implements systems to ensure the best output is brought out of all employees.
Read Also: How To Give Positive Feedback To Employees
Talent management is planted into each team of the organization to ensure that the plans implemented are followed and tracked.
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