Please enable JavaScript.
Coggle requires JavaScript to display documents.
A strategic differentiator in global competition: Talent Management.…
A strategic differentiator in global competition: Talent Management. Istabul Medipot University
Talent
refers to individuals who have special skills.
the sum of a person's abilities… his or her intrinsic gifts, skills, knowledge, experience, intelligence, judgment, attitude, character and drive
includes his or her ability to learn and grow
Functionality
the tools and systems which enable a company to put the right people with the right skills in the right place at the right time.
Talent management process
creating talent pools
to monitor and manage careers of high-potential employees
An ethical talent management practice requires close attention to the effectiveness of recruiting processes.
focusing the company’s talent management processes on producing certain outcomes
Vitality
attitudes and mindsets of the people responsible for talent management processes
Three characteristics: commitment, engagement, and accountability
Developing Commitment
It is a useful practice to establish a college intern program that offers the chance to assume real responsibility by working
on important projects with the full resources of the company to gain commitment early
Creating Engagement
The purpose is to view job assignments through a career development lens.
The company should engage employees in their career development the day they start with the company
Ensuring Accountability
The efficiency of the human resource is the factor that determines the performance of the organization.
depends on basic decisions related to employees such as:
who the company hires
-who the company dismisses
-who the company assigns to which task
Authority and Responsibility in Talent Management
Human resources departments are also responsible for talent management.
Companies seek ways to benefit from not only employees’ labor or knowledge
but also their
mental power, available skills, and potential skills as much as possible.
Talent and Company Environment
to ensure employee satisfaction and high performance:
not ignore the socialization and cooperation level of the company
Improve socialization
Recruiting compatible people -people
Arranging casual gatherings inside and outside the office
Reducing formality between employees will encourage socializing
The will to win should be stimulated
Commitment to shared corporate goals should be encouraged
Advantages of Talent Management
Talent management practices
identify those with potential and provide the basis for career planning and development
can also be used to indicate the possible danger of talented people is leaving and what action may need to be taken to retain them
Has statistically proven effects on profitability
Has the highest effect on talent level
Illuminates the learning process.
is significant in terms of increasing work quality and competency acquisition
Disadvantages of Talent Management
The most significant disadvantages for companies emerge when the company fails to build loyalty and commitment
May lead to ethical problems as well
The tendency to underestimate skills and traits of current employees may lead to low motivation and lose employees
Obstacles to Talent Management
Senior managers do not spend enough high-quality time on talent management
Organization does not encourage collaboration and sharing of resources
Line managers are not sufficiently committed to development of people’s capabilities and careers
Gabriela Idalit Ordaz A01276498
