Talent Management

  According to Shelley Moore (2013), talent management process is how an organization manage their human resource functions such as selecting, hiring, training and development, etc. of their employees. There are seven components of continuous talent management process when executed tactically to keep a company on the prominent point. They are listed as below. Strategic Employee Planning Talent Acquisition and Retention Performance Management Learning and Motivating Compensation Career Development Succession Planning 1. Strategic Employee Planning Here, a company must develop organizational goals and strategic plan. Then, they have to decide how to implement that and have to identify which employees are the best for each job roles to achieve organizational goals. Likewise, the organization can fill the gaps by adjusting employees to fitting roles with existing employees if not they have to hire new. This component will be varied from firm to firm based on their requirements. 2. Talen

  According to Digital HR Tech (2020), Talent management is the complete scope of Human Resources developments to attract, onboard, develop, encourage, and retain high-performing people.  In other words, talent management denotes to the complete scope of the Human Resources developments which includes attracting, developing, motivating, and retaining of high-performing workers in the company to achieve long term business goals. This incorporates much more than the entirety of its parts. Considering above facts, it can say that one facet of talent management is retaining people. Nevertheless, this not just only means reactively offering workers extra money by way of they publicize their exit, but also relatively encouraging a prosperous labor force filled with satisfaction and become happy and interested on what they are doing in the company  through its culture, miscellany and morals. (Smart Recruiters, N.d.) As a summary the scope of talent management should encompass: - Forecastin

Talent management is a main function of Human Resources Management. It is a continuous process which will attract, onboard, develop, encourage, and retain high-performing people in the organization. Likewise, talent management is very important because it manages treasured human resource in the organization. Given below are some reasons of why talent management is important. (Mona Momtazian, 2020) Entice the best talent  Strategic talent management will help organizations to entice the best talented and skilled workers and will make an employer brand which will entice prospective talents. From that will provide organizations to improve their performance to achieve their busines objectives. Enhance the performance of workers Adopting talent management will help organizations to recognize which employees will be the most suitable for perform a great job. As such, using talent management in organizations can minimize problems and objections from both inside and outside the organiz