Escalating the Talent Pool
ESCALATING THE TALENT POOL
Abstract
A frequently used definition of talent management is- “Basic people management in organization”. While the focal point of talent management tends to be on management and executive positions, the concern relate to all jobs that are hard to fill. This has reflected the talent management as one of the most pressing issues facing by the managerial level of an organization. Talent management decisions are regularly determined by organizational-core competencies as well as position-specific competencies. A systematic talent management process will steadily close the space between the current human resources and the leadership talent, which will eventually need to counter the forth coming business challenges .In this paper we have highlighted about the employee’s development, Commitment, Retention rates, Employee engagement and Operational and financial performances of the organization with the help of comparison between talent management and human resource, difficulties towards talent management, strategies and different prospects towards the employees and the organization.
This article is based on the interviews of Human Resource Personnel of different hotels in Delhi; Review of the academic and popular talent management literature which will altogether signifies the commitment, accountability, assessment and sustainability towards talent management.
Key Words: talent management, commitment, retention rate, employee engagement
INTRODUCTION
Despite extreme competition being the key to market advancement and achievement, organizations have botched to recognize some of the major reasons which highlight why ‘good performers’ leave and one of the possible reason for this question is organization’s failure, towards maintaining the correlation between pay and performance. And there are many more such questions for which HR cannot be able to reactor provide impeccable answer so to daze out such convincing blemishes which are
Abstract
A frequently used definition of talent management is- “Basic people management in organization”. While the focal point of talent management tends to be on management and executive positions, the concern relate to all jobs that are hard to fill. This has reflected the talent management as one of the most pressing issues facing by the managerial level of an organization. Talent management decisions are regularly determined by organizational-core competencies as well as position-specific competencies. A systematic talent management process will steadily close the space between the current human resources and the leadership talent, which will eventually need to counter the forth coming business challenges .In this paper we have highlighted about the employee’s development, Commitment, Retention rates, Employee engagement and Operational and financial performances of the organization with the help of comparison between talent management and human resource, difficulties towards talent management, strategies and different prospects towards the employees and the organization.
This article is based on the interviews of Human Resource Personnel of different hotels in Delhi; Review of the academic and popular talent management literature which will altogether signifies the commitment, accountability, assessment and sustainability towards talent management.
Key Words: talent management, commitment, retention rate, employee engagement
INTRODUCTION
Despite extreme competition being the key to market advancement and achievement, organizations have botched to recognize some of the major reasons which highlight why ‘good performers’ leave and one of the possible reason for this question is organization’s failure, towards maintaining the correlation between pay and performance. And there are many more such questions for which HR cannot be able to reactor provide impeccable answer so to daze out such convincing blemishes which are
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