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Concept of talent management , process and steps involved in the process. Assignment work
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Talent management s crucial for organizations because It directly influences thelr ability
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2. Maximizing Employee Potentia:
‘+ Through traning, development, end carer pathing,telent management enaures
ernplyeee reach tel fll potential. This not only enhances indvidual performance
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‘more likely to be engaged and stay with the company High retention rates reduce
‘umover coats and preserve organizational knowledge
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‘This alignment drives better business outcomes and organizational success.
5. Building a Strong Organizational Culture:
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‘+ Inarapdy changing business environment talent management allows
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Companies can quickly adept to new challenges, technologles, and market
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9. Improving Employee Satisfaction:
‘+ When employees fel that her tlens are recognized and thelr career asprovons
‘are supported, they are more likely tobe satisfied and motivated, This contributes to
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10. Supporting Diversity and Inclusion:
‘+ Talent management strategies that prioritize diversity and inclusion help create a
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perspectives and Ideas, leading to better decision-making and problem-solving,
{in surmary, effective talent management i integral to an orgenizators success.
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strategie goals enabling eustalnable gr th anda compettive edge inthe marketplace.‘The process of alert manegernent is a strategic epproach to attracting, developing,
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Including job postings, employer branding, and outreach.
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‘+ Selection Process: Implement a structured selection process that Includes
screening, Interviewing, assessments, and reference checks to choose the best
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3. Onboarding
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‘+ Training: Offer inital traning to help new employees understand their roles and
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‘+ Integration: Facilitate a smooth integration nto the teem and organizational
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with the organization's objectives.
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‘to assess progress and Identify areas for improvernent.
+ Development Plans: Create personalized development plans to help employees
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rewards, and opportunities for growth.
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‘salary, benefits, bonuses, and Incentives.
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‘wellness programs, and employes { Istence programs.wrt Dal]
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© Leadership Development: Invest In the development of these high:potential
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become vacant, ensuring continuity in leadership and operations.
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for departure, which can inform future retention strategies.
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‘an employee leaves the organization.
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9. Use of Technology and Analytics
HR Technology: Implement talent management software to streamline processes,
from recruitment and onboarding to performance management and learning.
* Data Analytics: Use data analytics to track key metrics (e.g., tumover rates,
employee engagement) and make Informed decisions about talent management
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* Monitor Outcomes: Regularly assess the effectiveness of talent management
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« Feedback Loop: Gather feedback from employees and managers to Identify areas
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Adapt Strategies: Continuously refine talent management practices to address
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strategic approach to ensure that an organization can attract, develop, and retain the
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