A Multidimensional Approach to Talent Management

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ABSTRACT

“A MULTIDIMENSIONAL APPROACH TO TALENT MANAGEMENT”

NAMES OF AUTHORS

Mr. Amit Anadkar
BBA , M.B.A (PURSUING)
DAMS, G.S.College of Commerce, Wardha, Maharashtra Mobile No: 9579437143
e- mail:friendsforever.bhai@gmail.com

Mr. Vikas Dube.

BCom , M.B.A (PURSUING)
DAMS, G.S.College of Commerce, Wardha, Maharashtra.
Mobile No: 9923446191
e- mail:dube_vicky143@rediffmail.com

Introduction:-
“A successful Talent Management integration strategy focuses on simplification and avoidance of redundancy.” Talent management is a complex collection of connected HR processes that delivers a simple fundamental benefit for any organization Today, many organizations are struggling with silos of HR processes and technologies. The future of talent management is embodied in solutions designed from the ground up to provide business-centric functionality on a unified talent management platform.

Talent management is a name for a human resources program that applies to more than just computing hours and taking care of legal aspects of employment. Rather, talent management applies to the strategy of recruitment and retention, compensation and assessment and review. In some cases, talent management is a process handled over multiple departments. In other cases, it may be solely handled by human resources. Definition of Talent Management:-

“Talent management is the systematic attraction, identification, development, engagement/ retention and deployment of those individuals who are of particular value to an organization, either in view of their ‘high potential’ for the future or because they are fulfilling business/operation-critical roles.” Talent Management Process:-

1)Discovery,
2)Analysis,
3)Recommendation.
Four Loops of Talent Management:-
1)Attracting Talent,
2)Developing Talent,
3)Managing Talent ,
4)Tracking and Evaluating Talent Management.
Conclusion:-
Talent management is a dynamic process that has to be continuously reviewed to ensure that organizational requirements are still being met in the light of changing business priorities. Ultimately, organizational success is the most effective evaluation of talent management. A MULTIDIMENSIONAL APPROACH TO TALENT MANAGEMENT

* Mr. Amit Anadkar
**Mr. Vikas Dube
Introduction of Talent Management:-
“A successful Talent Management integration strategy focuses on simplification and avoidance of redundancy.” Talent management is a complex collection of connected HR processes that delivers a simple fundamental benefit for any organization. Today, many organizations are struggling with silos of HR processes and technologies. The future of talent management is embodied in solutions designed from the ground up to provide business-centric functionality on a unified talent management platform. Talent management is a name for a human resources program that applies to more than just computing hours and taking care of legal aspects of employment. Rather, talent management applies to the strategy of recruitment and retention, compensation and assessment and review. In some cases, talent management is a process handled over multiple departments. In other cases, it may be solely handled by human resources.

Talent management is the strategy. Analyst research has proven that organizations using talent management strategies and solutions exhibit higher performance than their direct competitors and the market in general. From Fortune 100 global enterprise recruiting and performance management to small and medium business eRecruiting, leading companies invest in talent management to select the best person for each job because they know success is powered by the total talent quality of their workforce. ____________________________________________________________

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* Mr. Amit Anadkar DAMS, G.S.College of Commerce, Wardha, Maharashtra

**Mr. Vikas...
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