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Talent Identification and Management in Organization. Its Process, Implementation
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TALENT IDENTIFICATION AND
MANAGEMENT
TALENT MANAGEMENT --- ?Systematic attraction
Identification
Development, Engagement or Retention
Deployment of those individual who are particular value of organization.
TALENT MANAGEMENT
it is about the
management of high-worth
individuals or "the
talented"
For others it is about how talent
is managed generally
Different for different organizatio
n
•Top 10% of high-performers, whatever their role or level.•Executives with potential for board-level appointments•High-potential individuals who are identified as the leaders of tomorrow. •An end-to-end view of newly appointed graduates to top leadership.•Every employee should be included in talent management activities.
WHO IS OUR “TALENT”
Does organisation need Talent Management?
“succession planning is growing in importance as recruitment budgets are squeezed”
“60 % of all employees state that when the recession ends they are going to look for a new job”
“67% of companies have problems recruiting people where specialist skills are necessary”
“Average cost to recruit a new employee is Rs.4000.. To recruit a senior Manager it is rs.10 000”
“50% of organisations state that the recession has had a negative effect on their recruitment budget”
•Appraisal Process for all employees
•Performance Against Objectives
•Career Discussion- Short term and long term goals
•Personal Development Plan and Training Plan
•Half Yearly review to check on track
•Succession Planning for Senior and Critical Roles
•Annual Development Boards
•All Senior Managers their direct reports and Critical Roles fill in ‘CV Template’
MANAGING TALENT MANAGEMENT
Competency mappingRole analysis
Hr audit and HRIS Strategic planning
Performance analysis
TOOLS & TECHNIQUES
INDIRECT IMPLIMENTATION OF TALENT MANAGEMENT IN NASIK
WORKS LTD
Performance
Appraisal
Career planning
Succession
planning
Training &
Development
Defining Team management
Implementing TM
Benefits of Implementation
IMPORTANCE OF TALENT IN RECENT SCENARIO
Role of talent in Job designing
The process of job design has been defined as, “Specification of the contents, methods, and relationships
ASPECTS OF JOB DESIGNING
Job Structuring
Location/Scheduling
Work Organization
IMPROPER DELIGATION OF WORK
LACK OF HUMAN RESOURCE FUNCTIONS
LACK OF RESOURCES
PROPER JOB STRUCTURING
WELL DEFINED ROLES OF HUMAN RESOURCE
HIGH TECHNOLOGY
UNDERSTANDING OF HUMAN PSYCHOLOGY
POST PERIOD CURRENT SCENARIO
TALENTPOST VS PRE PERIOD
GROOMING TALENT IN
RETAIL SECTOR
PERSONALITY GROOMING BY GD & PRSENTATIONS
GROUPDISCUSSION
UNDERSTANDING THE MANAGERIAL
SKILLS
GROUP HAD AMPLE TO DISCUSSON WORTH OF THIS CAMPAIGN AND
TO GAIN KNOWLEDGE ON NATIONAL & SOCIAL ACIVIST ANNA
HAZARE
ROLES AND RESPONSIBILITIES OF HR DEPARTMENT
Recruitment & selection
Employee relation & Appraisals
To maintain and develop HR policies.
Manage a team of staff. Responsible for mentoring, guiding and developing them
Prepare information and input for the salary budgets
Ensure appropriate communication at all staff levels.
LEARNING BY PRODUCT KNOWLEDGE SESSION
•Build an attractive culture through open communication
•Respect the diversity of your talent pool
•Recognize talent in ways that build loyalty
•Recognition must be either monitory or non monitory
HOW TO RETAIN TOP TALENT
•Coaching is about helping talented people to recognize and release their potential•Coaching is the central performance for
all performance•Coaching is core to most key aspects of
talent management•Helping management to develop talent
Identifying, recognizing and releasing the talent
COACHING FOR TALENT MANAGEMENT
Everyone has talent. What is rare is the courage to follow the talent to the dark place where it leads.