TALENT MANAGEMENT

Concept and approaches

Ses 1
INDUSTRY 4.0

TM-SES 1 L GANDHI, SDMIMD

“TAKE OUR TWENTY BEST
PEOPLE AWAY FROM US
AND I CAN TELL YOU
MICROSOFT WOULD BE
AN UNIMPORTANT
COMPANY”

TM-SES 1 L GANDHI, SDMIMD

 Who are our top performers?
How to hire and develop more people like
KEY them?

QUESTIONS Are there Enough of them? Replacement?

Business Growth?
FOR Are we Retaining the best employees?
POLICY Where did we recruit them from?
MAKERS Is there a clear Growth / Succession plan for
them ?
Is there a two-way Communication with them?

TM-SES 1 L GANDHI, SDMIMD

 Do workers have the Skills needed to achieve the
performance goals?

Are the Learning Initiatives positively impacting

KEY performance?

QUESTIONS Where is the talent Demand outpacing Supply?

FOR How much of the Turnover impacts Customers,

POLICY Productivity, Innovation, Quality.

MAKERS What are the Financial consequences of talent decisions

on our business?

Is anyone in the Boardroom worried about the status of

the “talent pool” ?

TM-SES 1 L GANDHI, SDMIMD

 TALENT MANAGEMENT- CONCEPT
TALENT
“The sum of a person's ability to learn and grow”
TALENT MANAGEMENT
“Talent management refers to the skills of attracting highly skilled
/ profitable / performing workers,
integrating new workers,
developing and retaining current workers to meet current and
future business objectives.”
TM-SES 1 L GANDHI, SDMIMD
WHY TALENT
MANAGEMENT ?
–Create Strategic Recruitment Plans to attract the best talent

–Identify and develop LEADERS at all levels

–Create “great places to work” - attract & retain the best

talent

–Direct the positive energy of people to the right areas

TM-SES 1 L GANDHI, SDMIMD

 Elements of Talent Management
Talent
Planning

Measure
and Recruiting
Report

Analyze Plan

Succession Talent Performance

Planning Lead Objectives Evaluate Management

Advance Develop

Compensation Learning &

Management Development

Career
Planning
TM-SES 1 L GANDHI, SDMIMD