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What is Talent Management?



According to Business Jargons (2020), Talent management is the methodical process of distinguishing the available position, appointing the suitable individual, improving the skills and proficiency of an individual to match the position and retaining that individual to accomplish long-term corporate objectives of the organization. Likewise, Talent management is a continuous process that encompasses attracting and retaining high-quality people, improving their skills, and continuously encouraging them to develop their performance.

Main intention of talent management is to make an encouraged people who will stay with the organization in the long run. The way to accomplish this will vary from organization to organization. (Valamis, 2020)

Talent management is the broad extent of Human Resource Management processes to attract, onboard, develop, encourage, and retain high-performing people in the organization. Talent management is targeted at enhancing corporate performance all the way through systems that make workers more productive. (Digital HR Tech, 2020)


What is Talent Management. Adopted from Gregg Learning (2020)

As such, talent management can be defined as a process targeted at operating performance all the way through cohesive people management systems. Hence, it is one of the main functions of Human Resources. 

References

  1. Business Jargons (2020), Talent Management, [Online], Available at: https://businessjargons.com/talent-management.html [Accessed on 26th November 2020]
  2. Digital HR Tech (2020), What is Talent Management? 5 Tips to do it right? [Online], Available at: https://www.digitalhrtech.com/what-is-talent-management/ [Accessed on 27th November 2020]
  3. Valamis (2020), Talent Management, [Online], Available at: https://www.valamis.com/hub/talent-management#:~:text=Talent%20management%20is%20a%20constant,company%20in%20the%20long%20run [Accessed on 25th November 2020]

Comments

  1. Janaka IsharaJanuary 18, 2021 at 3:28 AM

    Talent management is more helpful our personal career development .thank you for the more information

    ReplyDelete
  2. Clifford Bulner 20039089January 18, 2021 at 5:50 AM

    Very useful information

    ReplyDelete
  3. Roshan WijendraJanuary 18, 2021 at 5:50 AM

    we can apply this talent management for our life and our business. thanks for the awareness

    ReplyDelete
  4. Ganga PathirajaJanuary 18, 2021 at 7:07 AM

    Introduction of the Talent Management is simply and clearly stated in the article. Thank you for the particulars.

    ReplyDelete
  5. jynfdo1986January 18, 2021 at 7:09 AM

    What is the difference between talent management and talent acquisition?

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 7:37 AM

      According to Christiana Pavlou (2020), Talent Acquisition is the process of attracting and hiring qualified people. Talent Management is how an organization develop and retain these skilled hires. Both Talent Acquisition and Recruiting professionals aim to find and hire qualified employees. A recruiter’s job begins with a vacancy, and involves sourcing, screening and interviewing skilled candidates. A Talent Acquisition team, however, takes a more proactive approach. They improve the company’s employer brand and network to recruit potential candidates. They also build pipelines to reduce time-to-hire and increase quality of hire for open roles.

      Delete
  6. Amila AbeyrathnaJanuary 18, 2021 at 8:32 AM

    A good explanation about Talent Management!
    Retaining the talents is being a challenging task for all organisation, specially the talents in the IT Sector.

    ReplyDelete
  7. Sachitha LakmalJanuary 18, 2021 at 5:34 PM

    What is the purpose of talent management?

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 9:28 PM

      To recognize the need for talent that a company may not currently have.
      To create a plan that addresses talent gaps.
      To facilitate effective hiring and promotion.
      To retain employees and keep employee turnover to a minimum rate.
      To make the impact of talent acquisition easier to measure.

      Delete
  8. Lasitha RanawakaJanuary 21, 2021 at 7:07 PM

    Talent management is defined as the methodically organized, strategic process of getting the right talent onboard and helping them grow to their optimal capabilities keeping organizational objectives in mind.

    ReplyDelete
  9. Kavindi Nadeera 20039081January 29, 2021 at 6:18 AM

    Talent management refers to the anticipation of required Human Capital for an organisation and the planning to meet those needs

    ReplyDelete
  10. D W BandaraJanuary 29, 2021 at 6:59 PM

    This is very good when capitalising human resource

    ReplyDelete
  11. ISHANI19030135February 11, 2021 at 7:51 AM

    talent management is also committed to hire, manage, develop, and retain the most talented and excellent employees in the industry.

    ReplyDelete

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