Talent Management and its
Measures
A2 PGP/FW/06-08
Hardik Patel ….16
Ashraf Ansari ...10
Talent Management
What is Talent Management?
The process of-
Recruiting, managing, assessing,
developing and maintaining organizations
most important resource -its people
Segments of Talent
Management
e-Recruiting Software
Learning Management
System
Compensation
Management
Performance Management
e Recruiting Software
Workforce planning- planning
organizational needs, acquiring budget for
new openings
Recruiting- identify, interview, compare &
hire new candidates
On-Boarding- ensure new hires are
briefed on all HR & benefits matters &
arrange training schedule
Learning Management system
LMS are Web based “Anytime Anywhere
access” to learning content
LMS allow people registration, delivery &
tracking of e learning courses
LMS develops people’s skills through
training
Compensation Management
Succession Planning- identifying
candidates for new position, leadership,
mngmt etc & prepare
Compensation & Benefits-identify &
deliver
C&B plans for each job & position
Skill gap Analysis-identify critical skills &
locate potential gaps & plan to avoid gaps
Performance management
Goal Management
Performance appraisal
360 degree Feed Back
Development planning and training
-are used for employees to understand
their roles, strategic business objectives,
expectation in day to day activities, etc
Measures
Define the need for performance management
solutions
Determine Strategy for moving forward
Align Business units with strategy
Agree the kind of people in company and what
kind of people you need
Evaluate employees on consistent criteria
Give workers a sense of belongingness with the
company
Give employees an opportunity for career growth
Link workers skill’s to the job roles
Encourage people to behave in a way
which will carry the companies goals
Identify Gaps and monitor those over time.
To Achieve High Performance
people must have:
Clear goals & performance standards
Clear values & boundaries of behavior
Understanding how they contribute to
business performance
Capability to deliver high performance
Motivation to deliver high performance
Understanding of how they will be
rewarded for high performance
Understanding of consequences of poor
performance
Sufficient resources to do the job
Four Things to Improve Quality of
Hires
Identify what characterizes a high
performer.
Find top performers
Find out where high performers are
located
Find out what attracts potential high
performers to our organization
Benchmark firms
Microsoft
GE
Pepsi
Intel
Wal-Mart
Dell
Southwest Airlines
Thank you