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ASSIGNMENT-1

ARTICLE-6

Subject: Global Human Resource


Management

Submitted To
Mr. K.P. Gopalkrishnan

Submitted By
Narendra Kumar Keshari
Rt1901B32
10900074
This article deals about the workforce management in an organization. Generally workforce is
managed by the HR professional who are expertise in their fields.

Talent management

Talent management refers to the skills of attracting highly skilled workers, of integrating new
workers, and developing and retaining current workers to meet current and future business
objectives. Talent management in this context does not refer to the management of
entertainers. Companies engaging in a talent management strategy shift the responsibility of
employees from the human resources department to all managers throughout the organization.
The process of attracting and retaining profitable employees, as it is increasingly more
competitive between firms and of strategic importance, has come to be known as "the war for
talent." Talent management is also known as HCM (Human Capital Management).

The term "talent management" means different things to different organizations. To some it is
about the management of high-worth individuals or "the talented" whilst to others it is about how
talent is managed generally - i.e. on the assumption that all people have talent which should be
identified and liberated

It means keeping the right people in the right place at the right time. It also means having fully
competent people in every job throughout the organization- right now and in the future.

All the 10 component of integrated talent management system should be aligned to an


organization’s strategies, mission, vision and value and integrated in one smoothly functioning
system.

All the 10 components of integrated talent management system are:-

1. Workforce planning

2. Competency mapping

3. Branding and recruiting

4. On boarding

5. Learning and development

6. Performance management
7. Coaching and mentoring

8. Career paths

9. Succession planning m

10. Leadership development

organisations adopting a TM approach will focus on co-ordinating and integrating:

• Recruitment - ensuring the right people are attracted to the organisation.

• Retention - developing and implementing practices that reward and support employees.

• Employee development - ensuring continuous informal and formal learning and


development.

• Performance management - specific processes that nurture and support performance,


including feedback/measurement.

• Workforce planning - planning for business and general changes, including the older
workforce and current/future skills shortages.

• Culture - development of a positive, progressive and high performance "way of


operating".

Workforce plan was constructed to manage the employees. For this first of all it was identified.

• Who are needed to be abroad first to help install test and maintain the assembly line?

• Conduct selection, interview, training and etc.

Since employ have to make group decision, resolve conflict attain consensus and do a lot of
activities. They need to be more competent establish the performance measure, coaching and
mentor.

Since we know talent management is ongoing and just in time process. It is a strategic process.
Talent management is also responsible for continually expending the breadth and depth of
leadership and putting the best talent into leadership role.

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