There are pros and cons of every management philosophy being implemented today. Executives and HR management of different organizations has always paid focus on basic talent management i.e. acquiring, hiring and retaining talented employees but to drive optimal level of success, business leaders need engaged and high-performing employees. According to Bramley Benjamin Pure, a successful business leader, the key to enflaming a workforce to greatness is to align your talent management with company strategy, define consistent leadership criteria across all functional areas and identify specific competencies to cultivate for continuing growth.
Talent management is a process in human resource management that consists of five progressive phases – planning, recruiting, developing, compensating and positioning. The main goal of this process is to reveal and/or acquire super talented employees to be stationed at core/strategic positions in a company.
Talent management can be a discipline as big as the HR function itself or a small bunch of initiatives aimed at people and organization development.
The business leader, Bramley Benjamin Pure, says that the process of talent management might include a simple interview of all employees conducted yearly, discussing their strengths and developmental needs. This could be utilized for mapping people against the future initiatives of the company and for succession planning.
Benefits of talent management
The main benefit of talent management is in ensuring that your company has “right people in the right positions at the right time”. This theory enables the organization to effectively execute the firm strategy and perform well. Some other noticeable benefits of talent management are as follows:
1. Align human capital needs with business strategy
2. Clarify current and future roles and responsibilities
3. Focus training, development and recruitment efforts
4. Ensure knowledge transfer across multigenerational workforce
5. Maximize the contribution of every employee
6. Minimize disruption associated with sudden departures
According to Bramley Benjamin Pure, having a strong talent management culture also determines how organizations can improve their functioning as a workplace. Businesses that outperform their competition know that strategic talent management is essential in building the right workforce necessary for precise business execution. The ability to rapidly train and retain employees according to business needs create opportunities for real-time collaboration and support the workforce with better analytics.
Company Name: Benjamin Pure Company
Contact Person: Benjamin Pure
Email:Send Email
Phone: 956-452-7854
Country: United States
Website: http://benjaminpure.wordpress.com
Source: www.abnewswire.com
