Want to break into recruiting and become a successful professional recruiter? Are you a recruiter looking for grow your career? Take our Recruiter Certification Program today. We're SHRM certified." /> Want to break into recruiting and become a successful professional recruiter? Are you a recruiter looking for grow your career? Take our Recruiter Certification Program today. We're SHRM certified." /> Want to break into recruiting and become a successful professional recruiter? Are you a recruiter looking for grow your career? Take our Recruiter Certification Program today. We're SHRM certified." />

Talent Management Topics

When managing the employee workforce, a strategic, well thought out plan is necessary to attract, retain, and develop the skills of employees. Talent management as a topic covers motivation, employee learning and development, HR issues, competency and skill testing, and issues related to recruiting and talent staffing. Among these key issues is that of "succession management", understood in the sense of recruiting and vetting replacements for key personnel.

Despite whatever bias there may be toward conceiving talent management as focusing primarily or exclusively on top-tier personnel, a broader view of it encompasses the management of employee talent at all levels within the organization.

Because of the new complexities spawned by globalization, employee rights and advanced technologies, talent management now encompasses a much wider range of considerations than simpler, localized agrarian and industrial economies had to, e.g., upgrades to employee competencies involving rapidly evolving technologies and cross-cultural communication skill requirements.
Talent management is a strategy that a company employs to attract, retain, and develop employees into the best staff possible for the goals and objectives of the organization. This strategy will usually shift much of the responsibility for attracting and retaining talented individuals from the HR department out to the managers of each division in the organization. With the economic changes over the last hundred years, viz., from an agrarian and industrial society to a technology and information-based model, the acquisition and retention of talented individuals who create value for the organization has become more important than the sheer size of a workforce.

Some of the challenges faced by HR departments that have driven the development of talent management strategies are low employee-engagement, global workforce management, outsourcing trends, a greater competition for skilled workers, and future considerations such as the impending Baby Boomer retirement exodus and the importance of succession planning. The trend towards the management of talent has shifted HR responsibilities from the traditional roles of policy and process creation, form creation , and compliance to those of strategic enablers of talent management processes that empower management and employees to create and retain the best talent available for creating value in the organization.

The costs related to staffing the workforce are the greatest expenses of any company, so the effective acquiring, developing, aligning, and assessment of employees at every level is becoming more and more important to businesses as they attempt to develop a talent base to add value rather than to make the traditional cutbacks to save capital. On one view of talent management, management of employee talent should encompass every level in the organization and not just be limited exclusively to either HR or executive leadership.
  • RELATED TOPICS
  • Change Management - Organizational Planning

    Information on change management, the process through which an organization prepares for and manages change by implementing or anticipating necessary corrective measures.

    Performance Management

    Although compensation packages and the fear of losing them are powerful incentives to employee performance, they are not sufficient to guarantee optimal execution of job tasks...

    Termination - About Layoffs and Other Staff Dismissal Topics

    Find resources for HR, managers, and professionals involved in the termination of staff through firings, layoffs, or other types of employee dismissals.

    Personnel Management - How to Manage an Efficient Workforce

    Search Personnel Management articles and resources, both for management professionals and Human Resource departments. Access articles about the talent management life-cycle, software and tech news, and use our career information tools to explore management jobs and professions.

    Project Management - Tips for Managing Projects Successfully

    Find project management tips and resources. Manage your teams better, and get tips on the project management career. Time Management, multiple projects, and various project management services discussed in our resource section.

  • Certification Program

    Master the art of closing deals and making placements. Take our Recruiter Certification Program today. We're SHRM certified. Learn at your own pace during this 12-week program. Access over 20 courses. Great for those who want to break into recruiting, or recruiters who want to further their career.

    Take Program Today
  • Career Research Tool

    Use our career research tool to find more than just a list of careers - find the right long term career for you. Explore salary trends for each type of profession, read sample job descriptions, and find the professional and educational requirements for specific careers.

    Use it Now