Download to read offline
Talent management
- 1. TALENT MANAGEMENT Submitted by- Navneetyadav Ajay chahar Submitted to- prof. Shreya bhargav
- 2. Content ◦ Introduction ◦ Importance ◦Process ◦ Life cycle ◦ Benefits ◦ Approaches ◦ Examples of companies
- 3. Talent management ◦ Talentmanagement is a constant process that involves attracting and retaining high-quality employees, developing their skills, and continuously motivating them to improve their performance. ◦ The primary purpose of talent management is to create a motivated workforce who will stay with your company in the long run. The exact way to achieve this will differ from company to company.
- 4. The importance ofTalent Management ◦ 1. It helps businesses improve performance ◦ 2. It allows companies to stay competitive ◦ 3. It derives innovation ◦ 4. It helps form productive teams ◦ 5. It decreases turnover ◦ 6. It leads to strong Employer branding ◦ 7. It motivates others to grow ◦
- 5. Talent management process ◦1. Planning ◦ 2. Attracting ◦ 3. Developing ◦ 4. Retaining ◦ 5. Transitioning
- 7. Talent management benefitsfor employees and organization ◦ 1. Promotes long-term association with the organization. ◦ 2. Keeps the employees motivated which helps in career development. ◦ 3. Helps the employees get job satisfaction from their work. ◦ 4. Enhance individual and group productivity and capacity. ◦ 5. Assists in hiring quality workforce. ◦ 6. Helps retain top talent thereby reducing the cost of hiring new recruits. ◦ 7. Helps in understanding the employees better.
- 8. Approaches to Talentmanagement in the workplace ◦ 1. Developing job descriptions ◦ 2. Provide development opportunities ◦ 3. Performance assessments ◦ 4. Selection process ◦ 5. Effective compensation
- 9. Companies: ◦ 1. Google. ◦2. Intel. ◦ 3. Microsoft. ◦ 4. Starbucks.