Achieving Competitive Advantage through Talent Management
February 12, 2025
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If you ask me for the guidelines for talent management, my response would be the following:
Yes, the prime focus of talent management is enabling and developing people, since the quality of an organization is determined by the people it employs and has onboard. After hiring and deploying we may say that retaining and nurturing talent is quintessential.
Talent management also known as human capital management is evolving as a discipline that encompasses process right from hiring people to retaining and developing the same. So it includes recruitment, selection, learning, training and development, competency management, succession planning etc. These are all critical processes that enable an organization to compete and stand out in the market place when managed well!
Talent management is now looked upon as a critical HR activity; the discipline is evolving every day. Let’s analyze some trends in the same.
It is also of interest to organizations to know their skills inventories and then develop the right individual for succession planning internally.
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