Talent Management

Talent Management

Talent Management is the development of  ensuring that the organizations has the talented people it needs to accomplish its business goals .It involves the strategic management of the flow of talent through an organization by creating and maintaining a talent pipeline.

Talent management is a useful term when it describes as organization ‘s commitment to hire manage, develop and retained employees. It comprises all of the work processes and systems that are related to retaining and developing a superior workforce.

Talent management is a business strategy that organization will enable to retain their top talented employees. Just like employee involvement  or employee recognition. It is the status business strategy that will ensure the attraction of talent with competition with other employees.

When you tell a prospective employee that you are dedicated to a talent management strategy that will ensure that he or she will have the opportunity to develop professionally, you attract the best talent.

The people involved there are different , the view is that everyone opinion about who should be involved. On the one hand there is the view that you must pay more attention to the best, while on the other,  the view is that everyone has talent and it is not just about the favorite few. Lles and Preece (2010:248) have identified three main perspective: 1 Exclusive people- key people with high performance and or potential irrespective of position. 2 Exclusive position – the right people in the strategically critical job. 3 Inclusive people every one in the organization it seen as actually or potentially, talented, given opportunity and direction. The first two perspective, or a combination of the two, are the most common.

Many organizations focus on the elite. For example, Microsoft UK is most concerns with its ”A list” the top 10%  of performance, regardless of role and level while six continents targets executives below board level and high – potential individual, as the two carders are lightly to provide their leaders of tomorrow.

 

Reference:

Armstrong, M. and Stephen Taylor (2014) Armstrong Handbook of Human Resource Management Practice, 13^th edition.  

www.thebalance.com/what-is-talent-management-really-1919221 Accessed on 22nd November 2017 at 1.36 p.m.