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Why Talent Management is Important?

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 organization and can save best talents within the organization. (Human Resources Online, 2020)

Improve the employee engagement

Talent management will allocate organizations to create methodical and coherent conclusions regarding employee improvement. Additionally, employees will more engage when there is a task to be done.

Help to motivate workers and keep best talents

Strategic talent management will help organizations to keep their workforce motivated. From that organizations can preserve experienced workforce which is very familiar with their organization culture as well.

Continues coverage of critical roles

Talent management will provide organizations an opportunity to select potential employees specially for critical job roles. Because of that, talent management will help organizations to run their business smoothly without unnecessary.

To earn satisfied customers

When the talent inside the organization is well managed, that will positively affect to the customer satisfaction since motivated and happy employees are assets to an organization. When they are happy with what they are doing, they will be able to manage good relationships with their customers. (Edgecumbe Consulting, n.d)

As such it can be concluded that talent management is playing a vital role in humans resources management which leads to growth of an organization.

References

  1. Edgecumbe Consulting Group Ltd. (n.d), What is Talent Management & Why is it Important?, [Online], Available at: https://www.edgecumbe.co.uk/what-is-talent-management-why-is-it-important/ [Accessed on 28th November 2020]
  2. Human Resources Online (2018), The importance of talent management and why companies should invest in it, [Online], Available at: https://www.humanresourcesonline.net/the-importance-of-talent-management-and-why-companies-should-invest-in-it [Accessed on 30th November 2020]
  3. Momtazian M. (2020), What is Talent Management and Why is It Important?, [Online], Available at: https://expert360.com/resources/articles/talent-management-important#:~:text=Attract%20top%20talent%3A%20Recruit%20the,of%20business%20performance%20and%20results [Accessed on 29th November 2020]

Comments

  1. Himeshi FernandoJanuary 18, 2021 at 2:44 AM

    Talent Management is a continuous process which will attract, onboard, develop, encourage, and retain high-performing people in the organization.

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 6:04 AM

      Yes it is. A-Z there should have a proper talent management process and plan in order to achieve company objectives.

      Delete
  2. Janaka IsharaJanuary 18, 2021 at 3:46 AM

    Can we connect the concept of pepole motivation with Talent Management?

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 5:18 AM

      Employee motivation will affet for employee job satisfaction and retention. Talent retention is one component of Talent Management process. So, yes. We cam connect the concept of people motivation with Talent Management.

      Delete
  3. Ganga PathirajaJanuary 18, 2021 at 4:36 AM

    Among the several effective business strategies, according to Dube, talent management requires " an international approach". What do you think?

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 6:05 AM

      I think yes because when we are operating in global contexts, definitely we must go for international approaches accordingly

      Delete
    2. Ganga PathirajaJanuary 18, 2021 at 8:37 AM

      Yes. Agree with you..

      Delete
  4. Roshan WijendraJanuary 18, 2021 at 5:55 AM

    Do you think Talent management very important in your view?

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 6:07 AM

      Yes, I think talent management is playing a vital role in humans resources management which leads to growth of an organization.

      Delete
  5. Kevin SilvaJanuary 18, 2021 at 6:26 AM

    What type of techniques does an organization usually follow to improve employee engagement..?

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 18, 2021 at 6:40 AM

      Some techniques that organizations use to improve employee engagement are feel them valued, trusted and respected, feel them secure and self-confident, understand individual learning styles and preferences, share good practice and ideas between teams, etc.

      Delete
  6. Theshani DunusingheJanuary 18, 2021 at 11:37 PM

    What is the talent management process

    ReplyDelete
    Replies
    1. Anushka JayasekaraJanuary 19, 2021 at 9:16 AM

      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.

      Delete
  7. ISHANI19030135February 11, 2021 at 7:53 AM

    Talent management also works to keep current employees and advance them to higher positions in the organization. This saves money that could otherwise be lost to high employee turnover.

    ReplyDelete

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