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Talent Management and its

Measures

A2 PGP/FW/06-08

Hardik Patel ….16


Ashraf Ansari ...10
Talent Management
What is Talent Management?

The process of-

Recruiting, managing, assessing,


developing and maintaining organizations
most important resource -its people
Segments of Talent
Management
 e-Recruiting Software

 Learning Management
System

 Compensation
Management

 Performance Management
e Recruiting Software
 Workforce planning- planning
organizational needs, acquiring budget for
new openings

 Recruiting- identify, interview, compare &


hire new candidates

 On-Boarding- ensure new hires are


briefed on all HR & benefits matters &
arrange training schedule
Learning Management system
 LMS are Web based “Anytime Anywhere
access” to learning content

 LMS allow people registration, delivery &


tracking of e learning courses

 LMS develops people’s skills through


training
Compensation Management
 Succession Planning- identifying
candidates for new position, leadership,
mngmt etc & prepare

 Compensation & Benefits-identify &


deliver
C&B plans for each job & position

 Skill gap Analysis-identify critical skills &


locate potential gaps & plan to avoid gaps
Performance management
 Goal Management
 Performance appraisal
 360 degree Feed Back
 Development planning and training

-are used for employees to understand


their roles, strategic business objectives,
expectation in day to day activities, etc
Measures
 Define the need for performance management
solutions

 Determine Strategy for moving forward

 Align Business units with strategy

 Agree the kind of people in company and what


kind of people you need
 Evaluate employees on consistent criteria

 Give workers a sense of belongingness with the


company

 Give employees an opportunity for career growth

 Link workers skill’s to the job roles


 Encourage people to behave in a way

 which will carry the companies goals

 Identify Gaps and monitor those over time.


To Achieve High Performance
people must have:
 Clear goals & performance standards

 Clear values & boundaries of behavior

 Understanding how they contribute to


business performance

 Capability to deliver high performance


 Motivation to deliver high performance

 Understanding of how they will be


rewarded for high performance

 Understanding of consequences of poor


performance

 Sufficient resources to do the job


Four Things to Improve Quality of
Hires
 Identify what characterizes a high
performer.

 Find top performers

 Find out where high performers are


located

 Find out what attracts potential high


performers to our organization
Benchmark firms
 Microsoft
 GE
 Pepsi
 Intel
 Wal-Mart
 Dell
 Southwest Airlines
Thank you

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