Talent Management

RESEARCH PROPOSAL 1. BACKGROUND AND MOTIVATION Talent is what differentiates a business from its competitors. The good value of endowment is only realised as soon as there is a great petition for leadership and specialist skills. Talent is a long-term asset that takes a significant investment of time and money (Guest, 2009:1). A working definition of genius can be proposed as: Talent consists of those individuals who can make a difference to organisational performance, either through their immediate contribution or in the longer term by demonstrating the highest levels of potential ( lease Institute for force out Development, 2007:8). Capelli (2008:1) describes talent management as the process through which employers shout and meet their needs for human capital getting the unspoilt people with the right skills into the jobs. Talent management according to Chartered Institute for Personnel Development (2007:7) has two outstanding themes. The world-class is the medium to long term view in which talent is associated with those individuals who demonstrate the most potential to progress to more cured roles. These roles may be leadership- or management based or in a different function or discipline.

The arcminute is more short-term, in which talent management is focused on attracting and retaining individuals to meet immediate business needs at all in all levels. It is of critical importance to put talent management in a strategic context, linking it to corporate and business unit strategies. As Bersin (2006:3) put it …talent management is a forward-looking function. not only should talent management improve your organizations flexibility and performance, it should give you the information and tools to plan for growth, change, acquisitions, and critical impudent product and service initiatives. It is priority for companies to closely align talent strategy with the corporate strategy. Strategic analysis from the business position will inform... If you want to get a full essay, order of magnitude it on our website: Orderessay

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