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Talent

Talent management is crucial for companies to succeed in today's competitive environment. The document discusses the importance of managing talented employees and how companies must continually invest in attracting, hiring, developing, and retaining talent. HR leaders work closely with senior management on talent management strategies. However, skills shortages and global workforce trends present challenges that require organizations to rethink their talent management approaches to best leverage talent across borders. Culture, engagement, and leadership development also impact talent retention.

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65 views1 page

Talent

Talent management is crucial for companies to succeed in today's competitive environment. The document discusses the importance of managing talented employees and how companies must continually invest in attracting, hiring, developing, and retaining talent. HR leaders work closely with senior management on talent management strategies. However, skills shortages and global workforce trends present challenges that require organizations to rethink their talent management approaches to best leverage talent across borders. Culture, engagement, and leadership development also impact talent retention.

Uploaded by

vairampearl0
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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TALENT MANAGEMENT Abstract The word talent is always in the news. Its utility is undying and all enveloping.

It is occupying the centre stage in the spheres of science, technology, education, sports and more visibly in the field of business and enterprise with a rage not seen before. Talent has emerged as an extremely confident and sensitive entity. Its message to one and all is Better prefer, possess and pamper me or you will perish (War for Talent). This Study aims to investigate the importance, process and present situation of managing talented employees in the company. Managers of the company took part in interview regarding the needs, recruitment, tools and management approaches of talented employees. In todays global economy, companies must continually invest in human capital. In the role of business partner, HR leaders work closely with senior management to attract, hire, develop and retain talent. Yet the skills shortage presents both socio-economic and cultural challenges as talent crosses borders. Thus, in view of workforce trends such as shifting demographics, global supply chains, the aging workforce and increasing global mobility, forward-looking organizations must rethink their approach to talent management to best harness talent. By doing so, they will be positively positioned to succeed in a highly competitive marketplace. In addition, organizational culture, employee engagement and leadership development have a significant impact on talent retention.

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