Talent Management.

 Talent management is the procedure to manage the ability, competency and power of employees within an organization. All the things are happened to recruit, develop, retain, reward and create employees work in the best level is the view of the talent management. It is very difficult to find top talent people, so there is a shortage of talented people. People who are very clever enough about their jobs and have very good knowledge, leadership experience are very few in the job market. If there are very talented people in the job market they can easily find new jobs in any organization.  But it is not happening as we are expecting. Because there is a storage of talented people. Therefore talented people are always hard to get. 

In an organization it is the role of HR’s to implement the strategic talented management process in an organization. In fact HR handles the advisory and supportive part for this in the company. They are not going to control the company but they help to the superiors to manage the company.

According to a research done by Deloitte, there is 40% lower employee turner over and 38% higher employee engagement in companies which implemented strategic talent management process. To have a very good staff in the organization the responsible people have to identify the company goals and objectives, then should prioritizing them.  According to that listed goals and new changes it is easy to understand the requirements of the company. Developing the job description and specification for the role you wish to take talent for. Though it is the initial stage of the process it is the more effective part of the whole process. Searching for the people according to the requirement is the main activity in this talent management process. From that it is easy to seek highly talented people.

By conducting interviews tests and recruit the top talent people is one method of this process. In that step we can identify the best, knowledgeable people for organization. In the present world of business, the talent management is one of the most effective tools to employee engagement and commitment to their work.                          

References

Berger, L. A. (2011). The Talent Management Hand Book. USA: The McGraw - Hill Companies.

Goldsmith, L. L. (2010). Best Practices in Talent Management. Pfeiffer.

Heathfield., S. M.  Why Talent Management is Important ? Retrieved from The Balase careers: http://www.thebalacecareers.com

Accessed - 05.01.2019

Tansley, C. (1969). What does mean by the term "Talent Management" ? Emeraldinsight.