Talent Management
This assignment looks upon HR role on talent Management and identifies if talent management is effective in organizations or seen to be time consuming for organizations to grasp. It is difficult to understand specifically what talent management is within an organization as in a CIPD report only 20% of respondents had a formal definition (CIPD staff. (2012).Talent Management can be defined as âthe systematic attraction, identification, development, engagement, retention and deployment of those individuals who are of particular value to an organisation, either in view of their âhigh potentialâ for the future or because they are fulfilling business/operation-critical rolesâ (CIPD staff. (2012). In organizations there are many ways to look at talented individuals which can be seen as either being inclusive or exclusive, inclusive looks at all individuals being talented within the workforce while exclusive looks at focusing talent on need. There are different methods organizations take when identifying talented individuals as can be seen as one method argues âensure the right person is in the right job at the right time (Jackson & Schuler, 1990, p. 235) while another states âa deliberate and systematic effort by an organization to ensure leadership continuity in key positions and – Process
Encourage individual advancementâ (Rothwell, 1994, p. 6) , even though they are apparently similar they are confusing to on the outcome of TM due to the processes in place.
The organization I would be focusing on is IQPC who prizes itself with quality in all aspects in their business and when it comes to recruitment they expect the best candidates in the business. IQPC considers itselfâ To accomplish that objective you must have a Human Resources strategy that is integrated into your corporate strategic plan that acknowledges and recognises the employees as the companyâs most precious asset.â (Eric âRickâ Johnson . (2011), this highlights