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What is talent management?
Talent Management is the study through which the HR processes are integrated and designed to develop, attract, motivate and sustain productive and engaged employees. The target of talent management is to generate high performance organization fulfills its operational and strategic objectives and goals. This is none other than the exact planning that needs to improve the value of a business. The different organizations and companies use this to achieve their goal.
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What are the various processes talent management includes?
These are as follows-
- Workforce Planning.
- Recruiting.
- Onboarding.
- Strategic plan or goal alignment.
- Performance Management.
- 360 degree assessment.
- Executive coaching.
- Leadership Development.
- Professionals Development.
- Career Development.
- Recognition Program.
- Succession Management.
- Diversity.
- Engagement.
- Competences.
- Retention.
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What are the best practices of talent Management?
There are nine best practices of talent management-
- Start the work with end in mind.
- Professionals require knowing from the seat or the beginning to setting a table.
- You must know what you desire or what you are looking for.
- The talent channel must be strong always, but it can also have the weakest link.
- This management is not a democracy.
- Always set the right people in the right job.
- More “hows” than “whats”.
- Performance, readiness and potential are not the same thing.
- There is no equal talent management in Software.
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