How to Work on Talent Management

Continuous Learning and Development in Talent Management The ability of organizations to stay competitive in the rapidly changing job market is crucial and in this scenario, continuous learning and development (L&D) plays a vital role in successful talent management strategy. The world keeps changing. Continuous L&D ensures that a particular organization consisting employees who are having up-to-date knowledge and skills to stay competitive in the industry. Further, continuous L&D is not a one-way street, it benefits everyone; both employer and employees. Employees who continuously engaging in the learning process are more satisfied with their job role and willing to take up on new challenges. Organizations with a culture of continuous L&D having an adaptable and flexible workforce, who can respond to the changes effectively and efficiently. By retaining top talents, who can act as future leaders, companies can achieve a significant cost saving by keeping skilled workfo...

The Nine - Box Grid Model for Talent Management What is the Nine Box Grid? The nine box grid is a tool used in talent management to assess employees based on two key dimensions; performance and potential. Here both factors mapping alongside each other to make strategic decisions relevant to development and people management. In nine box grid model, the vertical axis (x-axis) represents performance. It is divided in to three categories; high, moderate and low. This is based on employee performance which means evaluating the employee's ability to meet the desired outcomes of the current job role. Organizations use different tools for measuring performance such as KPIs, performance appraisals, salary reviews and 360-degree feedback in this context. The horizontal axis (y-axis) represents potential, which means an employee's growth potential and development within the organization. This also divided into three categories; high, moderate and low. In order to assess the potential org...

Employer Branding: Attracting and Retaining Top Talents In today's increasingly competitive job market, attracting and retaining top talents has become more important. For as long as business competition has existed, companies always compete to attract talented people. This is where employer branding plays a crucial role. Employer branding is not just showcasing an organization's products or services, it goes beyond that. It is the perception of what it's like to work for an organization which means the image that your current and past employees have in their minds about the employment experience having with the company. In other words, employer brand is the image of your organization as a 'great place to work' in the mind of current employees and stakeholders of the company who represents the external market. Employer brand consisting several components. The first one is company culture and values which reflects an organization's work environment and this is th...

Remote Talent Management: Challenges, Benefits & Strategies Understanding Remote Talent Management Talent management is a systematic process of identifying, attracting, developing and retaining talented workforce within the organization and it is encompassed by various HR functions such as recruitment and selection, onboarding, training and development, performance management and succession planning and many more. In the context of remote work, talent management plays a vital role, shift in traditional approach to a unique approach. What is the remote work mode? What is the meaning of remote talent management? First of all, remote work mode is a work methodology that does not require the employees to be physically present at a traditional office space and instead can work from their own locations with own setups. This allows more flexibility and freedom to employees and able to accomplish tasks with a huge morale boost. Also, this includes a healthy and trust based relationship wit...

Power of AI in Talent Management Artificial Intelligence (AI) transforming talent management by offering exciting opportunities to inspire its next moves in shaping the HR landscape. AI is a powerful mode that can enhance the entire employee life cycle: starting from talent acquisition and employee onboarding to employee retention. Artificial intelligence focuses on data-driven HR approach and also it excels at using data to predict future outcomes, that enables HR Leaders to make informed decisions on all aspects of their talent management strategy. Moreover, AI releases the HR teams by automating routine tasks such as resume screening, interviews scheduling or data entering by bringing several benefits including time saving, eliminating human errors and bias in these administrative duties. Also Artificial intelligence technologies can be used for generating effective employee development programs for each employee at the click of a button.  Here's how is AI used in Talent Managem...