Talent Management in Software Industry
A STUDY ON TALENT MANAGEMENT IN SOFTWARE INDUSTRY
Talent Management: An Introduction
An organization, today, large and small, depends on talent management as a part of their business strategy. The present business environment is very challenging due to intense competition among the corporate business world. Creation and preservation of knowledge has become a key tool in accelerating competitiveness and enhancing organizational capabilities to respond according to the market changes, where employees skills and personalities are properly organized to improve their performance, is an acute task. In order to achieve the specific goals and objectives, organization should develop and deploy talented people who can carry forward the passion and vision of the organization. Although organization possess marketing knowledge, technical ability, operational excellence, vitality and motivation are always important.
Talent management is a term that emerged in the 1990’s to integrate an increasing focus in Human Resource Management on planned and strategic management of employees, often with a focus on senior leaders. The connection between human resource development and organizational effectiveness has been established in since 1970’s.The profession that supports talent management became increasingly formalized in the early 2000s with the organizations like NTMN(New Talent Management Network) emerging to support professional growth in the field. The NTMN defined the boundaries of the field through surveys of those in corporate talent management department in 2009-2011.those surveys indicated that activities within talent management included succession planning, assessment, development and high potential management, Talent is a word used to define highly capable workers. These individuals possess significant job experience in their functional areas and a strong knowledge of the industry they work in.Talent management is a set of tactical human resources methods and
Talent Management: An Introduction
An organization, today, large and small, depends on talent management as a part of their business strategy. The present business environment is very challenging due to intense competition among the corporate business world. Creation and preservation of knowledge has become a key tool in accelerating competitiveness and enhancing organizational capabilities to respond according to the market changes, where employees skills and personalities are properly organized to improve their performance, is an acute task. In order to achieve the specific goals and objectives, organization should develop and deploy talented people who can carry forward the passion and vision of the organization. Although organization possess marketing knowledge, technical ability, operational excellence, vitality and motivation are always important.
Talent management is a term that emerged in the 1990’s to integrate an increasing focus in Human Resource Management on planned and strategic management of employees, often with a focus on senior leaders. The connection between human resource development and organizational effectiveness has been established in since 1970’s.The profession that supports talent management became increasingly formalized in the early 2000s with the organizations like NTMN(New Talent Management Network) emerging to support professional growth in the field. The NTMN defined the boundaries of the field through surveys of those in corporate talent management department in 2009-2011.those surveys indicated that activities within talent management included succession planning, assessment, development and high potential management, Talent is a word used to define highly capable workers. These individuals possess significant job experience in their functional areas and a strong knowledge of the industry they work in.Talent management is a set of tactical human resources methods and