Summary
The economic term “Talent” refers to individuals that come together to create change in the operations of an organization. Talent management is a process of change, systematic growth and development, reconstitution, re-deployment of assets or talents necessary to create a change in an organization. Talent management transcends from talent hunt to development, implementation and the systematic control of human resource personnel with the objectives of putting together a manageable program that would organize participants of the program. The need for an integrated talent management plan arises from the global trend in organizational service, working conditions in the organization, individual skill and competence, organizational resource management, competitive nature of the labor market and the regular change in the objectives and goals of individuals.
Integrated Talent Management Framework
The mission
An integrated talent management program would facilitate the economic productivity of an organization. It would set standards and would generate a competitive advantage for success in the organization.
Goals of talent management program
- It would be used to identify and build individuals of various talents for immediate or long-term management.
- It would facilitate a smooth transition in the takeover of management when the need arises.
- It would position each employee in the organization to a perfect job description that will create a positive change in the organization.
Benefits
The benefits of an integrated talent management program can be categorized into two phases.
The benefits for the clients: laying a systematic process for talent development within the human resource department:
- To position each employee in the proper department and assist during organizational restructuring and managerial change.
- The program would reduce the overhead cost utilized at every recruitment exercise conducted by the organization.
For the Employee
It would boost the individual’s performance rating.
- It would influence participants to aspire to greater achievements and accomplishments within the organization.
- It would influence employee communication and a sense of responsibility for success.
The management plan would be categorized into three phases.
The Analysis
- It consists of the complete statement and positions of the organization’s workforce. These are the assessment of the client’s present progress and working conditions.
- The mission and goals of the program would be defined.
- A complete sock taking of all previous Human resource strategies used by the organization, and her management strategy.
Project Design
- The building process consists of a formulation strategy, competency models. These modules include personal profiling, talent search and promotional patterns.
- Mapping out the detailed framework for the organization.
- Compilation of talent procedures, responsibilities, successions tree and job description.
- Final auditing of the talent framework required by the organization.
The Implementation process
This phase consists of the systematic training and development of the organization’s management.
- Design implementation and assistance to internal human resource personnel.
- Evaluation of project plan and monitoring of processes.
Detailed talent management plan: this detailed plan could be restructured depending on the client’s human resource programs and personnel.
The identification process: This consists of recommendations of the internal human resource department.
- A complete evaluation of the company’s workforce based on their current level of performance.
External Participants: this is where the recruitment process and implementation begin. This could take different forms and modules.
After the unloading process is concluded the list of successful participants is compiled and submitted to the executives that control and manage the organization for onward confirmation.
Evaluation procedure: Each participant is evaluated either in a group format or a personal approach.
Performance rating: Each participant would be rated based on the test conducted. The test would be tailored according to the goals and objectives of the firm. Each participant would be rated based on the feedback program initiated by the management team.
The developmental plan: The participants would be divided into groups that would have different career plans. This plan would be based on the goals and objectives of the company.