Skip to main content

What is the Scope of Talent Management?

 


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:
- Forecasting needs (workforce planning)
- Analyzing gaps
- Managing process for attract, onboard, develop, encourage, and retain people
- Ensuring consistency between these activities
- Ensuring talent management strategies are translated into talent management implications (Silas Bruce, 2020)

References

  1. Bruce S. (2020), Managing Global Talent: Recruitment, Selection, and Retention, [Online], Available at: https://slideplayer.com/slide/12137198/ [Accessed on 04th December 2020]
  2. Digital HR Tech (2020), What is Talent Management? All You Need to Know to Get Started, [Online], Available at: https://www.digitalhrtech.com/what-is-talent-management/ [Accessed on 03rd December 2020]
  3. Smart Recruiters (N.d.), Talent Management, [Online], Available at: https://www.smartrecruiters.com/resources/glossary/talent-management/#:~:text=Talent%20management%20refers%20to%20the,through%20the%20management%20of%20employees. [Accessed on 02nd December 2020]
      

Comments

  1. Mental freedom does not belong to the Talent management scope..?

    ReplyDelete
    Replies
    1. Good question. In the end of this article it shows scope of talent management as managing process for attract, onboard, develop, encourage, and retain people. People will attract if the company image is good. If an organization can keep their employees for long-term that means they are happy and satisfied. So, it will gives positive image in the society among people. So, I think people work for long-term in their organizations only if they are psychologically or mentally happy and they have mental freedom. Therefore, mental freedom and happy customers are under talent management.

      Delete
  2. Very useful article for current situation.

    ReplyDelete
  3. Is there any imapct of talent management on talent retention?

    ReplyDelete
    Replies
    1. Yes. Talent retention is one component of talent management process. So, there is a impact of talent retention on talent management.

      Delete
  4. Employee retention is the most challenging and most important facet of Talent Management, that the employer should pay their considerable attention.

    ReplyDelete
  5. Proper Talent Management certainly does extend in to employer branding, to attract external talents. A prospective employee needs to be careful distinguishing between the employer brand and the organisation brand. Personal Relation (PR) and Marketing of an organisation to the external world tends to be misunderstood to the work culture within the organisation. There is certainly gap between the two however I believe through area such as Talent Management focusing on career management / succession planning etc., an organisation could thrive to a better employer brand.

    ReplyDelete
  6. Very clear article which describes the scope of talent management. Thank you sharing knowledge.

    ReplyDelete
  7. Replies
    1. The role of talent management in the context of strategic renewal is to provide the conditions for the self-initiation and identification of potential change agents and for the development of the talented employees to perform in their roles of change agent.

      Delete
  8. Clear idea in a nutshell. Easy to understand. Thank you author for sharing this.

    ReplyDelete
  9. The objective of talent management is ritaining talented people with the organisation, why we cant build talented people by using various training methods?

    ReplyDelete
    Replies
    1. We can train people using training and development programmes.

      Delete

Post a Comment

Popular posts from this blog

What are the Challenges to Talent Management?

  According to Randstad (2020), here are some strategic challenges to talent management in Human Resource Management. Higher Demand on Salary and Compensation In current organizations, employees constantly feel tension to provide well for themselves and for their dependents. As such they will feel their salary or compensation is not enough for their responsibilities. Then they will be demotivated. So, they will demand their job positions for higher salaries. To keep them satisfied and productive, employers have to reward them financially ( Randstad, 2020) . Attract Top Talent and Talent Retention Redesign talent management strategies or practices to attract top talent is bit difficult as companies struggle to retain their employees and to make less employee turnover. This number is usually much higher for jobs that require a high level of education or specialized training. Visibly, this means that employee retention is very important for the success of a company. High empl...

What are Talent Management tools?

  As mentioned in second article, Talent management is a main function of Human Resources Management and it is a continuous process which will attract, onboard, develop, encourage, and retain high-performing people in the organization (Mona Momtazian, 2020). Likewise, employers must understand the Talent Management Process and Tools that they can use in organizations to maximize the productivity. Some tools for talent management are given as below. Workforce Planning This involves a planned strategic objective to access talented people from both inside and outside organization who have the knowledge, skills and performances required to achieve the strains and objectives of the organization. There must be both strategic and operational workforce planning. As such, strategic workforce planning considers about the strategic needs of the organization and its accompanying workforce like projected loss due to employee exits as well as the projected qualification requirements necessa...

What makes a good Talent Manager?

According to Insights for Professionals (2019), talent managers should have below skills in order to perform and nurture in their jobs. Creativity Creativity means talent managers should be innovative in A-Z talent management process from selecting to retain employees. As such, they need to be creative rather than relying on traditional methods. Analytical Skills Good talent managers should have analytical skills to analyze wide range of data set at clearance to make strong decisions. Particularly, analyzing people and their behaviors will help them to identify their staff and their interests. From that, they can identify which are performing their tasks well and which areas needs to improve. Networking A good talent manager should be filled with network and contacts. Having professional contacts in skilled people will help them to hire best fitting individuals to their companies. Also, this will help them to identify are candidates really looking for a job or not. Also, ar...