talent management
DESCRIPTION
I gives an idea of how to mange your talent a training ppt given by the murugappa groupTRANSCRIPT
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TALENT MANAGEMENT Murugappa Group
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Overview
Background
Introduction
What is talent management
2015 Talent Management Framework
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Evolution of HR function
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What?
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Talent Management
Definitely, not all the people resources or employees of an organization!
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Some definitions of Talent
• Talents are naturally recurring patterns of thought, feeling, or behavior that can be productively applied
• Talent is any natural gift leveraged to potential
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Talent Management
• Hiring• Engaging• Retaining• Inspiring• Growing
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Hiring
• Recruitment or Hiring is typically at two levels: Entry level or Fresher Hiring and Lateral level or Hiring of Experienced resources. Infusion of employees especially at senior levels should be carefully done and be guided by a structured process, such as a competency based approach to hiring
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“ Engagement is at risk.
It’s not about ‘feeling good’…
it’s about having the tools, colleagues,
time, capacity to fully
commit to work.
- Towers Watson 2012 Global Workforce Study
“
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Engaging
Employee’s often think:•What am I supposed to do?•How am I doing?•Will the rewards be based on my contribution?•Will you guide and coach me so that I can grow?•Can you help me to perform better?
•
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The current state of sustainable engagement of the global workforce
Source: Towers Watson 2012 Global Workforce Study — Global.
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How do you overcome this?
2015 Talent Management Framework
KnowingFocusing
InspiringCaring
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Retaining
2015 Talent Management Framework
Rewards and Recognition
Feeling connected
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Differentiate to attract and retain
2015 Talent Management Framework
Use the employee value proposition to drive the right behaviors and performance.
Differentiate for key employee groups.
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Inspiring:
2015 Talent Management Framework
Conversations that are informal, personal and growth oriented can go a long way
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Growing
2015 Talent Management Framework
Organization Growth
Talents’ Attitude to take up the opportunities
structured individual development plan
Reviewing and Mentoring
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To Conclude
2015 Talent Management Framework
70 + 20 + 10
Developmental experiences
developmental relationship
classroom inputs
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In Summary
2015 Talent Management Framework
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