Talent Management

Talent management is one of the most current topics in HR. How can we give candidates the best experience? How can we attract the best people? What do we need to do to win the war on talent?

Talent management is the full scope of HR processes to attract, develop, motivate and retain high-performing employees.

According to Businessjargons, Talent management is the systematic process of identifying the vacant position, hiring the suitable person, developing the skills and expertise of the person to match the position and retaining him to achieve long-term business objectives.

Employees typically constitute 60% of the organisation’s operating costs. In a business or organisation supply sense, employees are more difficult to source, have longer lead times for replacement, cost more than ever before and have a very high total replacement cost.

This is why talent management is seen as a business strategy that organizations uses to enable them to retain their topmost talented and skilled employees. Just like employee involvement or employee recognition, it is the stated business strategy that will ensure the attraction of top talent in competition with other employers.

When you tell a prospective employee that you are dedicated to a talent management strategy that will ensure that he or she will have the opportunity to develop professionally, you attract the best talent. This is because studies show consistently that the opportunity to continue to grow and develop their professional and personal skills is a major motivator for why employees take and stay at a job.

At the end of this study, you should be able to:

• Understands the meaning of talents and talent management
• Understand the principles of Talent Management
• Know Some of the Top Reasons to Invest In Talent Management
• Understand the processes involved in Talent Management

Course Curriculum