Talent management

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06th of September 2018

Blog - 02 Talent management 


Fig 1 

Talent management is the pool of exercises which are concerning to drawing in, choosing, creating and holding the best workers in the strategic roles. (Scullion & Collings, 2011).

Talent management is an organization's ability to recruit, retain, and produce the most talented employees available in the job market.
Talent management is also an important and necessary skill for people in the workforce to acquire. Finding good and talented people is not a hard thing to do, but making sure that they want to stay working for the same business is the challenge.

Talent management term may refer simply to management succession planning and management development activities, although this concept does not really add anything to these familiar processes except a new name. It is good to regard talent management as a more comprehensive and integrated bundle of doings, the aim of which is to secure the flow of talent in an organization, bearing in mind that talent is a major corporate resource (Armstrong, 2014)

Lewis and Hackman (2006), talent management is defined in three ways. Those are as a combination of standard human resource management practices such as recruitment, selection and career development, as the creation of a large talent pool, ensuring the quantitative and qualitative flow of employees and last way is as a good based on demographic necessity to manage talent.

Talent management strategy

Cappelli (2008) revealed that the image of a successful talent management strategy are that it is inclusive and that it can address and resolve any incongruity between the supply and demand of talent. He stated that too many firms have more employees than they need for available positions, or a talent shortfall and always at the wrong times. He argued that talent management should not just be about employee development or succession planning as many of the commonplace definitions suggest, but should focus on helping the firm attain its strategic objectives.


References

Armstrong. M, (2014). Handbook of Human Resource Management Practice, 14th edition

Cappelli, P (2008) Talent on Demand: Managing talent in an uncertain age, Boston MA, Harvard Business School Press

Lewis, R E and Hackman, R J (2006) Talent management: a critical review, Human Resource Management Review, 16 (2), pp 139–54

Scullion, H. & Collings, D. G. (Eds) (2011). Global talent management rout ledges. New York & London.

McKinsey global survey (Boston: McKinsey).


Wellin, R. S., Audrey B. Smith & Scott Erke, 2014. Nine best practices for effective talent management, s.l.: Development Dimensions International.


Comments

  1. Unknown11 September 2018 at 06:59

    Too small a article, (kindly check the word count?) pls visit appropriate literature and re-fwd the article.

    ReplyDelete
  2. Unknown2 October 2018 at 20:38

    Article accepted.

    ReplyDelete

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