Policies on Hiring Couples and Relocation Assistance
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Why Businesses Must Protect Themselves From Cyber Threats and Cyber Warfare ?
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Safe return to workplace
The new year has had a promising start. The Covid vaccine campaigns being run in most parts of the world promises a way out of this pandemic. It also means businesses need to brace up for opening their doors once again. However, it will require adequate planning and elaborate measures to assure the employees to […]
Is Emotional Intelligence Still Relevant in These Hyper Partisan and Toxic Times?
Does Emotional Intelligence Matter In Times of Toxic Workplaces and Vitiated Cultures For long, the concept of Emotional Intelligence was quite popular in organizations and among people managers for its use as a predictor of career growth and professional success. Indeed, it was widely believed and taken as a dogma that Emotionally Intelligent professionals who […]
Factors Leading to Efficiency at Workplace
Following factors play a crucial role in increasing the efficiency of employees at workplace. Clearly defined roles and responsibilities Employees need to have well defined roles and responsibilities at the workplace. Individuals need to be clear as to in which all areas they need to contribute their level best and what all skills would help […]
Talent management can be a discipline as big as the HR function itself or a small bunch of initiatives aimed at people and organization development.
Different organizations utilize talent management for their benefits. This is as per the size of the organization and their belief in the practice.
It could just include a simple interview of all employees conducted yearly, discussing their strengths and developmental needs. This could be utilized for mapping people against the future initiatives of the company and for succession planning.
There are more benefits that are wide ranged than the ones discussed above. The benefits are:
The skill or competency mapping allows you to take stock of skill inventories lying with the organization. This is especially important both from the perspective of the organization as well as the employee because the right person is deployed in the right position and employee productivity is increased. Also since there is a better alignment between an individual’s interests and his job profile the job satisfaction is increased.
The focus is now on charting employee retention programs and strategies to recruit, develop, retain and engage quality people. Employee growth in a career has to be taken care of, while succession planning is being performed those who are on the radar need to be kept in loop so that they know their performance is being rewarded.
Apart from this having a strong talent management culture also determines how organization rate their organizations as work places. In addition if employees are positive about the talent management practices of the organization, they are more likely to have confidence in the future of their organization. The resultant is a workforce that is more committed and engaged determined to outperform their competitors and ensure a leadership position in the market for their organization.
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