Talent
Management, as the name itself suggests is managing the ability, competency and
power of employees within an organization. The concept is not restricted to
recruiting the right candidate at the right time but it extends to exploring
the hidden and unusual qualities of your employees and developing and nurturing
them to get the desired results. Hiring the best talent from the industry may
be a big concern for the organizations today but retaining them and most
importantly, transitioning them according to the culture of the organization
and getting the best out of them is a much bigger concern.
Talent management implies recognizing a
person's inherent skills, traits, personality and offering him a matching job.
Every person has a unique talent that suits a particular job profile and any
other position will cause discomfort. It is the job of the Management,
particularly the HR Department, to place candidates with prudence and caution.
A wrong fit will result in further hiring, re-training and other wasteful
activities. Talent Management is beneficial to both the organization and the
employees. The organization benefits from: Increased productivity and
capability; a better linkage between individuals' efforts and business goals;
commitment of valued employees; reduced turnover; increased bench strength and
a better fit between people's jobs and skills. Employees benefit from: Higher motivation
and commitment; career development; increased knowledge about and contribution
to company goals; sustained motivation and job satisfaction.
s.balajimba2@gmail.com
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