Talent Management

Introduction
Source :  www.nextgenpeople.com

Talent Management is a vast chain of activities which is focused on remaining and expanding a pool of talent in the organization as it is the most precious fundamental in the structure of business (Armstrong and Taylor, 2014)

According to Lewis and Heckman cited in Huges and Rog, (2008) there are three primary concepts.

Primary Concepts

1.A blend of concerned practices in human resources management such as recruitment, selection and carrier development.

2. Creation of efficient and sufficient flow of talent pool in the organization

3. Focuses on sourcing, developing and rewarding employee talent

With the base of these concepts there are a lot of findings and statements created and shared to the world by many scholars.  The process of talent management is a broad criteria as shown below.

(Source : Armstrong and Taylor, 2014)

World’s best practice can be useful when building talent management programmes. This can be briefly described as follows ( Nohria et al., 2012):

Best Practices

1.Harmonize talent development programmes -they have to be stable and continued

   with the corporate strategy;

2.Select candidates carefully – Promote employees aimed on individual assessment criteria;

3.Rotate positions – Target on build up each and every employee by spreading them to various positions.

4.Communicate frankly – Give straight and equality through talent mangement

5.Utilization of tools on talent management and repeat them frequently systamatically. In addition be conscious on the variable environment and prevent negative situations while considering employees are special in their different ways.

6.Provide compensation and benefits and be thorough on avoiding other employees participate in the selected work base. 

Conclusion :

Talent management is a key aspect of an organization which supports the organization to be stable while facing the difficulties in this changeable environments by having a special talent pool as an asset. Talent pool is considered as the main objective as it can change fast than other resources in the company. Headhunts will take part if there are no organized criteria in managing them which will damage the organization strongly in long term . As talents are different from each other, it will take some time to hire the suitable person which will indirectly black mark the organization process.

References : 

Araoz, CF, Groysberg, B, Nohria, N, 2012, How to Take Care of High Potential Workers), Harvard Business Review Polska, April2012, p. 60, 63, 64, 63-69.

 

Armstrong, M,Taylor,S 2014, Armstrong’s Handbook Of Human Resource Management Practice,Kogan Page Limited, United Kingdom.

Hughes, JC, Rog, E, 2008, Talent management, International Journal of
Contemporary Hospitality Management, Vol. 20 Iss 7 pp. 743 - 757 , Canada. Available from: www.emeraldinsight.com/0959-6119.htm[09.11.2018]