7 non-negotiable roles of Human Resource Management
SJB Institute of Technology Talent Management Seminar
1. SJB Institute of Technology
DEPARTMENT OF MBA
BGS Health and Education City, Uttarahalli Road
Kengeri, Bangalore 560060
SEMINAR
ON
TALENT MANAGEMENT
Presented By:
MONIKA K
AND
MEGHANA SUSHMAA
Under the Guidance of:
Mrs. ROOPA TEMKAR
Associate Professor
2.
3. Talent
According to McKinesy
Talent is sum of
-A Peson’abilities
-Skills, Knowledge,Experience
-Intelligence
-Judgement,AAttitude,Character,Drive
-Ability to learn and grow
Talent = Competence + Commitment + contribution
4. What is Talent Management?
Talent management is defined as the methodically organized, strategic
process of getting the right talent onboard and helping them grow to
their optimal capabilities keeping organizational objectives in mind.
Talent management is a constant process that involves attracting and
retaining high-quality employees developing their skills and continuously
motivating them to improve the performance
5. Talent management is one of the most current topics in HR
Talent management is the attraction, selection, and retention of employees
It encompasses workforce planning, employee engagement, learning and
development, performance management, recruiting, onboarding, succession and
retention.
6. Objectives of talent management
Creating future leaders Within the organization
improving and maximizing employee performance
reducing the cost of organization
complete effectively growth and dynamic and you told me to achieve
sustainable growth in present and future
Employee's empowerment
decreases organizational turnover rate
9. Planning
Initial Step of talent management model
TM model in accordance with organizational goals and asses the
previous initiatives, workforce profile,talent performance and behavior to
date
Identifies the requirement of human capital and develop the job
discrimination and key roles
Work Force plan is created and proposed to ensure right people with
right skills and knowledge and employment at right times
10. Attracting
Employee value proposition
It forms part of marketing
Attracts the type of talent organization seeks To find
Articulate employees and realistic yet aspirational statement of the value
organization can offer the employee
11. Selecting
Retaining
Potential candidate should be chosen and when can contribute to the growth in long run
Organizational existence and survival
Promotion and increments,recognisation for performance and reward, opportunities for growth
Handing over special projects,participative decision making, identifying the individual
contribution apart
12. Transitioning
Movement of employees to another role department or office
Retirement benefits to employees,succession planning or internal promotions and also
conducting exit interviews.
13. Role of talent management
Developing the resources that can contribute Substantially and add value his or her area of
expertise.
Develop employees through continuous training that are unique in terms of skills knowledge and
abilities in order to qualify as rare
Resource cannot be substituted by the rival firms and that there is no match for the talent
There are not many things in the business environmeant that can fulfill all the above criteria and
offer a unique competitive advantage except human resources
14. key components of talent
management
Strategic Employee Planning. Developing your organizational goals and strategic plan is the first
step.
Talent Acquisition and Retention.
Performance Management.
Learning and Motivating.
Compensation.
Career Development.
Succession Planning.