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| https://www.lucidchart.com/blog/how-to-enhance-your-talent-development-process |
Overview of the Talent Management Process
In talent management, managers look at recruitment, selection, training evaluation, career planning, etc. as a series of steps. Instead of looking at the talent management process step by step, it's best to look at it holistically. Because there is an interrelationship between those steps. These steps are interlinked, and the results obtained are effective.
Second, each step should be focused on achieving a mutually agreed-upon outcome. The current trend is to view these steps as part of an integrated talent management effort rather than in isolation. Accordingly, talent management is an integrated and targeted planning process. A process that tends to make decisions about what is meant in practise by recruiting, selecting, developing, managing, and compensating employees. (Dessler, G. & Varkkey, B, 2017, 95)
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| Source: Armstrong, M.(2009), p. 582. |
Goals identification(Plan)
The first step in the talent management process is planning. Through this, the vacancies in the organisation are identified, the need for human capital to achieve organisational goals is identified, how to get sources is identified, what qualifications and skills the recruits should have are identified, and planning is done. (Joseph, F.J. 2019)
Attracting the talent
One of the main objectives of the talent management process is to recruit the most talented employees to the organisation. Here, organisations try to adopt attractive policies and measures in the recruitment and selection of external applicants. (Armstrong, M. 2009, 583)
Sourcing the talent
Here, the company studies the job market to recruit the desired candidates.
Recruitment
Eligible and talented applicants are invited to join the company. (Joseph, F.J. 2019)
Selection
Talented people are recruited for various roles here. Through written tests, interviews, etc., an in-depth analysis of the candidate can be done, and at present, solutions have been provided by software.(ex- online interviews) (Joseph, F.J. 2019)
Training and development
After the recruitment process, the recruited people are given the training they need to work towards the organisation's goals, thereby increasing the productivity and efficiency of both the organisation and the employees. (Armstrong, M. 2009, 584)
Retention
It is also essential to retain the hired talent. This includes motivating them, providing more opportunities, providing attractive salaries commensurate with the service, etc. to keep them there.(Joseph, F.J. 2019)
Assessment
Talented employees are evaluated on the basis of their ability, competence, and suitability for promotion.
Performance Appraisal
The performance of the employees is properly measured here. It also examines whether employees can be given more responsibility.(Armstrong, M. 2009, 584)
Promotion
It is also very important to promote talented employees for the sake of the company. As employees get frustrated after working in the same position for several years, promotions should be done based on their skills and competencies. (Joseph, F.J. 2019)
Career planning
If the management finds that the employee is taking on more responsibility than expected, career planning for the employee should be done, thereby motivating him. Through that, the management is able to keep the employees in the organisation for a long time. (Armstrong, M. 2009,584)
Succession Planning
If an employee decides to leave the company soon, arrangements will be made to find out who will replace him. An employee who has been working for the organisation for a very long time is suitable for the respective higher positions, and the management presents their succession plans.(Armstrong, M. 2009, 584)
Exit stage
This is the last step in the talent management process and ends when an employee retires.
By properly implementing the talent management process, relevant benefits can be obtained, but if the process is not followed properly at any stage, it may even lead to the collapse of the organisation.
References
Joseph, F. J. (2019) Talent management process. (online) Linkedin. Available at https://www.linkedin.com/pulse/talent-management-process-jacob-joseph/. Accessed on 9th January 2023.
Thanks for sharing the valuable article with great personal takeaways of points. As per my understanding, the talent management process has provided new ways and means to the Human Resources department to handle problems in a meaningful manner. With the help of the talent management process companies are hiring the right/suitable person for the right job as per their job requirement and description. what is your opinion on it?
ReplyDeleteYou have presented a meaningful idea about talent management. According to the way you mentioned, recruitment, selection, training evaluation, career planning, etc. steps of managers should be done very carefully. Instead of looking at the talent management process step by step, it is best to look at it holistically. This will help to get effective service. And the current trend is to view these measures as part of an integrated talent management effort rather than in isolation. Accordingly, talent management is an integrated and targeted planning process. Recruiting, selecting, developing, managing and compensating employees is a process that tends to make decisions about what is meant in practice. This is exactly the correct vocabulary. A concept that makes sense.
ReplyDelete