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Talent Management: Andrian Yoando B1024191040
Talent Management: Andrian Yoando B1024191040
MANAGEMENT
ANDRIAN YOANDO
B1024191040
Here starts the
lesson!
TALENT MANAGEMENT
DEFINED
Talent management is the use of an integrated set of activities to
ensure that the organization attracts, retains, motivates and
develops the talented people it needs now and in the future. The
aim is to secure the flow of talent, bearing in mind that talent is a
major corporate resource.
THE ELEMENTS OF
TALENT
MANAGEMENT
Talent management starts with the business strategy
and what it signifies in terms of the talented people
required by the organization. Ultimately, its aim is to
develop and maintain a talent pool consisting of a
skilled, engaged and committed workforce. Its
elements are described below.
Table of
Elements!
The resourcing strategy Talent audit
human capital requirements and leads to attraction and A talent audit identifies those with
retention policies and programmes for internal potential and provides the basis for career
resourcing. planning and development
Attraction and
Role development
retention policies and
programmes Role development to provide the
responsibilities, challenges, and autonomy
responsible for recruitment and selection of needed to create motivation and role
people from outside the organization, engagement
ensuring that the organization gets the talent it
needs, and also commitment from its own
members.
Talent relationship Performance management
management
Performance management processes provide
Talent relationship management is the a means of building relationships with
process of building effective relationships people, identifying talent and potential,
with planning learning and development
people in their roles. activities.
Total reward
Career management
which provide for both financial and
nonfinancial rewards, can contribute to the
engagement and commitment of talented Career management consists of the processes
people. of career planning and management
succession.
r Best
Try You
The criteria used by the Sunday Times in identifying the
‘100 Best Companies to Work For’, 2005 were:
● have a range of management practices that help staff to feel
valued, productive and listened to;
● support at home – step in when people are suffering from
personal problems;
● maintain a balance between work and family;
● effective employee development programme;
● staff trusted to do their jobs properly.
y
g oo d da
Have a
ATTRACTION
STRATEGIES
2. Attracting
Talent management ensures that you always have
sufficient staff to carry out all your operations and
prevent heavy workloads that could cause demotivation.
The right strategy will attract just the kind of workers
you want at your business.
3. Selecting
This involves using a string of
tests and checks to find the right
match for the job the ideal
person organization fit. Namely
finding the right talent that the
organization needs
4. Developing
The development part of the model involves taking steps to
help talent grow within the company. It should be aligned with
the employee development plan and includes identifying roles
where particular employees could move to in the future as well
as considering how to expand workers’ skills and knowledge to
fulfill new challenges facing your organization.
5. Retaining
Another purpose of talent management is to keep people
at your company for longer. Employees need to continue
feeling that the company is an enjoyable, meaningful
place to work.
6. Transitioning
After hiring and developing their skills, you need to
plan for employees’ transitions. Your aim at this
stage is to keep their knowledge within the
company this is called knowledge management.
CAREER
MANAGEMENT
e p ro c ess of
la n n in g is th ent in the
ess ion p g t h e tal n
Su cc
an d a udi t in
e in fo rmatio
ng th
assessi ion based on its, supply
at ud e
organiz ed by talent a d performanc
suppli fo re c asts an ws.
mand revie
and de nd potential
a
Despite being red, Mars is
actually a cold place
Career planning
Care
prov er plann
ided ing u
o b y th ses
perfo f requir e organ all the in
rm em iza fo
succ ance, a ents, the tion’s as rmation
ess nd as se
form ion plan potentia sessmen ssments
prog of indi s, and t l and m ts of
man ramme vidual ranslate anagem
agem s ca s e
ent d and gene reer dev it into t nt
evel r e h
opm al arran lopmen e
and en ge t
men t, caree ments f
torin r c ou o
g. nsel r
ling
TALENT
MANAGEMENT FOR
KNOWLEDGE
WORKERS