Talent Management
Index
1.Intoduction ……………………………………………………………………………………………..3
2.History ……………………………………………………………………………………………………..4
3.Defination …………………………………………………………………………………………………5
4.Explaination ………………………………………………………………………………………………5
5.Importance of Talent Management ………………………………………………….6
6.Primary Principal of talent management …………………………………….….8
7.Element of Talent Management …………………………………………………………9
8.Key Element of Talent Management ……………………………………………….15
9.The new H.R Mission and Talent Management process …………….17
10. Summry ……………………………………………………………………………………………………17
Introduction of Talent Management Talent management refers to the process of developing and integrating new workers, developing and retaining current workers, and attracting highly skilled workers to work for a company. Talent management in this context does not refer to the management of entertainers. The term was coined by David Watkins of Softscape published in an article in 1998. The process of attracting and retaining profitable employees, as it is increasingly more competitive between firms and of strategic importance, has come to be known as "the war for talent." In present talent-hungry marketplace, one of the greatest challenges that organizations are facing is to successfully attract, assess, train and retain talented employees. Talent Management is the end-to-end process of planning, recruiting, developing, managing, and compensating employees throughout the organization. The 4 pillars of talent management are: recruiting, performance management, learning management, and compensation management. As larger Human Resource Management System (HRMS) vendors have shied away from providing rich functionality in these areas, numerous best-of-breed technology solutions have evolved. These 4 industries have now begun to converge, providing end-to-end talent management solutions that enable organizations to better recruit, get more out of the employee appraisal process, manage learning to
1.Intoduction ……………………………………………………………………………………………..3
2.History ……………………………………………………………………………………………………..4
3.Defination …………………………………………………………………………………………………5
4.Explaination ………………………………………………………………………………………………5
5.Importance of Talent Management ………………………………………………….6
6.Primary Principal of talent management …………………………………….….8
7.Element of Talent Management …………………………………………………………9
8.Key Element of Talent Management ……………………………………………….15
9.The new H.R Mission and Talent Management process …………….17
10. Summry ……………………………………………………………………………………………………17
Introduction of Talent Management Talent management refers to the process of developing and integrating new workers, developing and retaining current workers, and attracting highly skilled workers to work for a company. Talent management in this context does not refer to the management of entertainers. The term was coined by David Watkins of Softscape published in an article in 1998. The process of attracting and retaining profitable employees, as it is increasingly more competitive between firms and of strategic importance, has come to be known as "the war for talent." In present talent-hungry marketplace, one of the greatest challenges that organizations are facing is to successfully attract, assess, train and retain talented employees. Talent Management is the end-to-end process of planning, recruiting, developing, managing, and compensating employees throughout the organization. The 4 pillars of talent management are: recruiting, performance management, learning management, and compensation management. As larger Human Resource Management System (HRMS) vendors have shied away from providing rich functionality in these areas, numerous best-of-breed technology solutions have evolved. These 4 industries have now begun to converge, providing end-to-end talent management solutions that enable organizations to better recruit, get more out of the employee appraisal process, manage learning to