Talent management
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Source: blog.planview.com |
Most important resource of
an organization is its employees. In order to harness the full benefit from
employees a comprehensive talent management programs need to be in place and it
needs to fully align with the strategic plan of the business.
According
to the Chartered Institute of Personnel and
Development (CIPD), talent management is the systematic attraction,
development and deployment of individuals who are of particular value to the
organization, either because they fulfill a critical role or the possess skills
that have higher potential for adding value in the future, (CIPD,
2018). Talent
management process typically has organizational planning, recruitment,
development, retention, assessment, performance management and system for
outplacement, (Armstrong, 2006). Employee tenure shall be taken into account
when planning talent management. Some employees will change their employer time
to time while some individuals will remain in the organization. These employees
ideal for grooming for promotion.
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