It is important to understand that organizations are made up of human assets, which build the organization’s value through innovation, proven business processes, customer service, sales, and many other important activities. As an organization strives to meet its business goals, it must make sure that it has an effective talent management system in place.
The purpose of talent management is to accelerate performance and is aimed at motivating and engaging employees to make them perform better. The process of talent management when done right, can build a sustainable competitive advantage for companies to outperform their competitors through an integrated system which is recognized and hard to replicate. Talent management can be used as a business strategy to retain skilled employees and attract top talent in competition with other employers. In-fact organizations must take efforts to convey to their prospective employees that they are a dedicated resource of the firm, this in-turn will encourage employees to develop their personal and professional skills further and act as a motivator to be loyal to the organization and stay at the job for long.
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Esta historia es de la edición September 2019 de CIO Review.
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