TALENT MANAGEMENT

HARSH MISHRA
MBA 2 yr
 Content

1
Introduction

2 Opportunity and challenges

3 Conclusion
 Introduction
Talent management is how
Lukas
employers recruit and develop a
workforce that is as productive as
possible and likely to stay with their
organization long term. When
implemented strategically, this
Wendy
process can help improve the overall
performance of the business and
ensure that it remains competitive.
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Contemporary issue and challenges

There are many issues and challenges in the new business environment for
HRprofessionals, such as well-being and organizational success catalyst,
balancing employee‟s
aspirations with ground economic and business realities is posing severe
challenges of managing talent. Today, the issue with many organization is that
they put tremendous energy, effort and strategy for talent acquisition but
spend little time into retaining and developing talent.
managing talent in present business scenario and also keeping the
morales of employees up. HR, being the custodian of employee
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Encouraging passion

Talented individuals want to work for an organisation and in an environment that suits their values, attitudes
and expectations. They generally won’t settle for ‘a job’ just because it pays quite well and they are capable of
meeting the job requirements. Those attitudes may be typical of the average employee (though even that
might be a dangerous assumption) but are simply not enough to attract the real talent.

Embracing new interests

Part of that re-imagining is driven by the changing nature, needs and behaviour of younger recruits
– especially ‘digital natives’. It is from this more recent cohort that much of the ‘talent’ we are
talking about will come. They interact with the world through technology as their first instinct.
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Retaining Talent

Retaining talent is a critical aspect of talent management, and organizations must implement strategies
to create an environment where employees feel valued, engaged, and motivated to stay. Here are some
effective strategies for retaining talent

Creating talented ethical culture

Creating a talented and ethical culture involves fostering an environment where employees are
not only skilled and capable but also uphold high ethical standards in their behavior and
decision-making.
 Developing Leadership Talent

1 2 3

Developing leadership talent is crucial for the long-

term success and sustainability of an organization.
Effective leadership development programs can
identify and nurture individuals with leadership
potential, enhance their skills, and prepare them for
key roles.
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