Definition

Talent Management

Talent management is the automated end-to –end process of planning, recruiting, developing, managing, and compensating employees throughout the organization.

Because talent management involves recruiting, hiring, and developing high potential employees, it requires coordinating several human resource activities, in particular workforce acquisition, assessment, development, and retention. In simplest terms, talent management simply “refers to process of attracting, selecting, training, developing, and promoting employees through an organization. But again, the main thing driving the talent management movement is the availability of new talent management information systems; these integrate talent management-related system components like succession planning, recruitment, learning, and employee pay, enabling seamless updating of data among them.

Share it:  Cite

More from this Section

  • Quality assurance
    Quality assurance can be defined as activities or programs whose purpose is to demonstrate ...
  • Bumping or Layoff Procedures
    Bumping/Layoff Procedures– Detailed procedures that determine who will be laid off if ...
  • Error of projection
    Error of projection is an error in rating, which occurs when raters are inclined to allow ...
  • Career Planning Workshops
    A career planning workshop is “a planned learning event in which participants are expected ...
  • Restricted policy
    The restricted policy approach means demonstrating that the employer’s intentionally ...