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Talent Management, as the name suggests, is managing TALENT
the ability, competency and power of employees within an MANAGEME
NT
organization. DEFINITION
The concept is not restricted to recruiting the right
candidate at the right time but it extends to exploring the
hidden and unusual qualities of your employees and
developing and nurturing them to get the desired results.
Talent Management, also known as Human Capital
Management is the process of recruiting, managing,
assessing, developing, and maintaining an organization's
most important resource i.e. its people.
Talent Management is a set of integrated organizational
workforce processes designed to attract, develop,
motivate and retain productive, engaged employees
GOAL OF
TALENT
MANAGEMENT
Talent
Acquisition
(Find the
Right People)
Talent Talent
Deployment Identification
TALENT (Evaluate
(Get people
MANAGEME
ready for key and
NT GOALS
roles in the Understand
business) existing
talents)
Talent
Development
(Invest in
People and
Future
Growth)
Goal of Talent Management
Talent acquisition is an
ongoing strategy to find
specialists, leaders, or future
executives for your company.
Talent acquisition tends to
focus on long-term human
resources planning and
finding appropriate candidates
for positions that require a
very specific skill se
Talent Identification
DEVELOPMENT ALIGNMENT
Talent Development is a How are you dealing with Is everyone in the company
set of integrated your middle and bottom 100% aligned with the
organizational HR performers? business strategy?
processes designed to
attract, develop, motivate,
and retain productive,
TALENT DEVELOPMENT
engaged employees. The ENGAGEMENT
goal of talent development RETENTION
Have you identified your Are the employees fully
is to create a high-
top performers and do engaged and do they have
performance, sustainable
you have a plan in place tools and resources to be
organization that meets its
to keep them? 100% effective doing their
strategic and operational
jobs?
goals and objectives.
Talent Deployment
4.Coach and develop employees to help them achieve their full potential
Talent Gap
Talent gap simply refers to a lack of
skilled personnel in an organization.
Every organization occasionally faces
the tough issue of talent gap. The HR
Department makes an all-out effort to
fill this gap through various methods.
Persistent talent gap is likely to
hamper the growth and development
of an organization. It also has a
negative impact on the employees’
motivation as they feel demotivated
due to lack of talented people to look
up to for necessary instructions and
advice to work effectively
1. Know the Knowledge, Skills and Abilities (KSAs) required for the
positions or vacancies.
3.Look for persons with required KSAs within the industry or market.
Talent Management Process
Talent management process is the procedure to manage
the ability, competency, and power of employees within
an organization. Everything that is done to recruit,
develop, retain, reward and make employees perform
better is a part of talent management, people are
undoubtedly the best resources of an organisation.
Sourcing the best people from the industry has become
the top most priority of the organisations today. In such a
competitive scenario, talent management has become
the key strategy to identify and filling the skill gap in a
company by recruiting the high-worth individuals from the
industry. It is a never-ending process that starts from
targeting people. The process regulates the entry and
exit of talented people in an organisation. To sustain and
stay ahead in business, talent management cannot be
ignored. In order to understand the concept better, let us
discuss the stages included in talent management
process:
Talent Management Process
1. Identifying the Goals 2.Attracting the Talents 3. Sourcing the talent
This is the cardinal stage The main aim of talent In this stage, the talent
and pivotal to the success of management process is to management personnel looks for
the entire talent hire the best talent for an appropriate sources in the job
management process. The organization. Organizations market or industries where the
first step is to identify what at this stage make effort to targeted people can be hired or
the organization aims to attract the best talented recruited.
achieve and what people from the job market.
characteristic qualifications
and skills the recruits should
possess to realize the goals.
Talent Management Process
6. Training and
4. Recruitment 5. Selection
Development
This is the first stage of This is the stage where the At this stage, the selected
hiring the best talented objective of talent recruits are provided with
people for the organization. management becomes a necessary training to make them
Skilled and qualified people reality. It is when truly productive and efficient to work
are invited to join the talented people are recruited towards the goals of the
organization or hired in various roles. organization.
Talent Management Process
7. Retention 8. Assessment 9. Performance Appraisal
It refers to job enrichment. It If an employee is found This deals with the replacement
keeps the energy level high of befitting to handle work of people within the organization.
the employees and they are pressure and extra Employees who have given their
inspired to continue to work for responsibilities well, the best to the organization and have
the organization. management needs to plan been serving for long deserve to
his/her career so that he or hold higher positions.
she feels elevated and .
rewarded. Such recognition
and rewards inspire the
employees to remain with
the organization for a long
time.
Talent Management Process
13. Exit Stage
It involves providing long-term incentive, a flexible and positive work environment, and
opportunities for advancement of good remuneration
Competencies are lasting individual attributes that cause high levels of performance. In this stage, the
organization clearly defines the specific and usable skills and talents its employees need, so as to
realize organizational goals and objectives.
A recruiting brand reflects the core values of the organization and communicates the advantages of
working for the organization.
It is the final stage of hiring the skilled and talented people in the organization.
Developing Talent
These competencies help the organization attract, identify and develop talent.
Training program is useful for upgrading talent and skills of the employees and prepare them for
future challenges.
Coaching and mentoring develops talent by encouraging people to excel at their work
and to learn on the job. These techniques engage people on a more emotional level.
Retaining Talent
Long-term incentives such as stock options or paid vacation or other benefits increasing over time
can encourage employees to couple their careers and personal goals with a long-term commitment or
association with the organization.
This involves providing genuine opportunity for advancement to the employees to retain talent in the
organization.
When working arrangements are inflexible and fixed, the options available to
employees are limited – forcing them to choose between staying with or
leaving an organization
Remember to ask your friends and colleagues to list your strengths as well. We can tend to be
self-effacing, and we often downplay our own abilities, so this is a great way to get more ideas.
When you learn where others think you excel, it can be a real boost to your self-esteem!
1. Personal SWOT Analysis WEAKNESSES
JOHARI WINDOW
FEEDBACK
What You Know About You. What You Don’t Know About You
S
What E
Others L
Know
About
You
Arena Blocked F
D
I
S
What C
L
Others
Don’t
Know
About
Closed Dark O
S
U
R
E
You
Johari Window
JOHARI The Johari Window is a conceptual model for
studying interpersonal awareness. It was
developed by Joseph Luft and Harry Ingham
FEEDBACK
WINDOW (the name Johari combines their first names).
It is a schematic model that shows how
people expose themselves to others and
receive feedback from others in their
interpersonal relationships. As shown in
SELF DISCLOSURE
Figure , the Johari Window has four parts:
Arena, Blindspot, Closed and Dark.
Arena represents the "Public self" that is
ARENA BLINDSPOT known to the self and others.
The Blindspot area is known to others, but
CLOSED DARK not to the self.
The Closed area is the "private self" which is
known to the self, but not to others.
The Dark area is neither known to the self
nor to others
Johari Window
When feedback is given the blindspot
becomes small ( ie what you don’t know
about you becomes less and less due to
feedback)
Similarly, when self-disclosure is made,
what others don’t know about you becomes
smaller and smaller. This makes others to
interact with you by knowing you very well.
Feedback plus self-disclosure leads to self
discovery of the hidden part of the
personality
Shared discovery will be there to the
unknown part.
Johari Window
Johari Window
• The implication of this model is that if Arena is
very small, there is very little free and
spontaneous interaction.
• On the other hand, the larger the Arena, the
greater the chance for participants in any
relationship to make correct perceptual
judgments about each other.
• This accurate perceptual judgment helps them
to develop realistic, mutual expectations.
Meeting these expectations increases their level
of trust and influence, and it helps them
maintain a mutually satisfying relationship. As
Arena expands, the closed area or private self
shrinks and it becomes less necessary to hide
or deny things one knows or feels.
• The Blind spot takes longer to reduce because
self concept protection mechanisms are
involved.
Johari Window
• Arena can be expanded by means of self-disclosure and feedback.
• These two variables are shown as two large arrows in the figure and range from less
to more.
• Self-disclosure means revealing oneself to another person and sharing one's own
"feelings, emotions, facts and knowledge with that individual.
• Self-disclosure is an act of showing respect for, and sharing intimacy with another
person.
• Such an act requires trust in another person and is likely to encourage the other
person to follow suit.
• But self-disclosure involves both rewards and costs.
• Being open (more self-disclosure) offers the possibility of self-understanding, growth
and better interpersonal adjustments.
• On the other hand, when we disclose ourselves to another, we are taking the risk of
being rejected, misinterpreted or short changed.
• However, unless someone takes the risk and initiates self-disclosure, the relationship
will not develop
Feedback
• Feedback reduces the Blindspot area
and helps us increase our self-
awareness, since we often do not know
how others view us.
• We can guess how they see us by their
reactions, but these reactions are often
not clear and likely to be misperceived.
• Unless we receive feedback as to how
they see us, or what kind of effects our
behaviors have on them, we are likely
to be blind to their feelings and
reactions.
Feedback
• The feedback given by others can hope to reduce Blindspot
only if it has the following characteristics (Anderson, 1970):
2.Based on the
foundation of 3. Should be
1. Intended to trust between the descriptive rather
help the recipient giver and than evaluative
recipient
5. Given at a time 6. Checked with
4.Specific rather when the others to be sure
than general with recipient is in a of its validity
clear examples condition to
accept it
7.Includes those 8. Should not be
things that the something which
recipient is able to is beyond the
perform capability
Self Disclosure
• How much personal information should you reveal at work? And
how should you respond when other people "open their hearts"
to you?
• Emotional (rather than factual) disclosures are particularly important for boosting empathy
and building trust. And sharing your feelings with colleagues can allow you to manage
your stress and even to avoid burnout .
• There may also be times when you need to inform your manager or HR department about
highly personal information – such as a serious medical diagnosis, financial difficulties, or
a family issue. As well as keeping you in line with company policies, this type of self-
disclosure is essential for accessing the support that you need.
The risk of self-disclosure
Here, you consider the influence that the government and its policies may have on
the opportunities you’re looking at. Consider these questions: • What new laws or
regulations are likely to affect these? • Are you aware of any policies or schemes
that will boost or support any of these? • Will any of these policies affect your
ability to work in a specific area, make a certain amount of money, or be
reasonably secure? • Is there a change in government, or a change in policy,
expected? • What opportunities and threats do these changes or events
represent?
3. Socio-Cultural Factors
These are the societal trends that influence how attractive a particular opportunity
may or may not be.
Things to consider include:
• What demographic trends will have an impact on these opportunities? • Are the
educational requirements for them expected to change? • Are there lifestyle trends
and changes that will have an impact on the desirability of these careers? • Are
there familial expectations you have to consider when making a career decision?
How will these affect your ability to be successful? • What opportunities and threats
do these situations represent?
4. Technology Factors
Finally, you need to look at the What technological trends affect the careers you’re
technological factors that affect your considering? • Are there aspects of these jobs that are
career decisions. Technology moves likely to be automated or digitized in the next few years? •
forward quickly, and you don’t want to get What technologies are emerging to do this, and how can
left behind because you failed to consider you get experience of using them? • How is technology
its potential impact. More than this, you influencing the type of work you do, or the way you
can expect great new opportunities if you complete your tasks? • What opportunities and threats do
can get good experience of a valuable these situations present?
new technology.
POLITICAL ECONOMIC FACTORS
2. Personal Growth
3. Personal Power
4. Personal Improvement
5. Personal Empowerment
6. Personal Analysis
7. Personal Objectives
1
1. Personal Skills
Personal skills can be ones you were born with as well as skills
gained through deliberate practice. They’re often referred to as soft
skills. Examples of personal skills are decision-making, teamwork,
organization, and communication.
If you’re interested in growing your skills at work, try working on your
personal skills. The highest-paid, top individuals in their field are the
ones that focus on growing their personal skills.
Knowing what areas you excel in and which need development is
very useful in your personal and professional life.
2
PERSONAL GROWTH
2. Personal Growth
Having a personal growth plan is one of the first steps
toward bettering yourself and stepping out of your comfort
zone.
Humans and the human mind are constantly evolving. Think
about it: you are not the same person you were a year ago.
You’ve learned more, grown in many different ways, and
have experienced more life events to further shape your
personality, beliefs, and world outlook.
In order to experience personal development and growth,
strive to be a better version of yourself today than you were
yesterday.
3
3. Personal Power
Personal power is the authority others believe you to have in certain
situations and is fueled by your contacts, knowledge, and financial
status.
Developing an ever-widening circle of contacts, seeking to learn
more, and growing financially increases the number of doors that
others will leave open for you to step into.
Expanding your network, knowledge base and financial status will
also allow you to help others do the same, further increasing your
personal power and opportunities for personal development and
growth.
4
4. Personal Improvement
LAO TZU
4. Personal Improvement