This document discusses optimizing investments in employees by focusing on retaining talented individuals. It emphasizes that in today's environment, skilled professionals are highly mobile and sought after. Many companies are struggling to find and keep top talent. The document recommends that companies be clear about expectations, provide the tools and opportunities for employees to perform their jobs well and develop their skills, and ensure employees have supportive managers. It states that focusing on talent management can optimize return on investment through increased productivity and profitable growth by having the right quality and quantity of talent to achieve competitive performance levels.
This document discusses optimizing investments in employees by focusing on retaining talented individuals. It emphasizes that in today's environment, skilled professionals are highly mobile and sought after. Many companies are struggling to find and keep top talent. The document recommends that companies be clear about expectations, provide the tools and opportunities for employees to perform their jobs well and develop their skills, and ensure employees have supportive managers. It states that focusing on talent management can optimize return on investment through increased productivity and profitable growth by having the right quality and quantity of talent to achieve competitive performance levels.
This document discusses optimizing investments in employees by focusing on retaining talented individuals. It emphasizes that in today's environment, skilled professionals are highly mobile and sought after. Many companies are struggling to find and keep top talent. The document recommends that companies be clear about expectations, provide the tools and opportunities for employees to perform their jobs well and develop their skills, and ensure employees have supportive managers. It states that focusing on talent management can optimize return on investment through increased productivity and profitable growth by having the right quality and quantity of talent to achieve competitive performance levels.
Optimizing Your Investment in In the 21st century, talented professionals are
increasingly mobile, have highly transferable
Your Employees skills, are internet-literate, well informed, and above all, sought after. Many managers and leaders are currently struggling to find and keep these valuable individuals.
War of talents
Retaining great talent
❖ Be clear about what you expect from people and The ROI on talent management will measure be defined by productivity and their contributions ❖ Provide individuals with the materials and tools they profitable growth as determined by need to perform their jobs whether or not the company has the ❖ Provide individuals opportunities to do what they do best, every day right number, type, and quality of ❖ Ensure that people have a manager who cares about talent to achieve competitively high them ❖ Surround talented individuals with people who have a levels of productivity and generate similar drive for quality long-term profitable growth ❖ Provide opportunites for individuals to learn and grow Talent Allocation Versus Talent The Focus on ROI Deployed The strategic HRM was mostly about making There are two major factors that determine the the HR department more “business savvy” ROI a company achieves on its talent We define talent management as the portfolio. identification, development, and management 1.where and how the company chooses to of the talent portfolio—i.e., the number, type, allocate its talent within its overall operating and quality of employees that will most model effectively fulfil the company’s strategic and 2.The degree to which it has the appropriate operating objectives talent deployed (i.e., the optimal talent portfolio)