Talent Management is largely defined as being concerned with using
strategic Human Resource planning tools to generate business
capabilities, to ensure the organization has experienced and skilled
employees required to achieve a sustained competitive advantage. It is
important for organizations to first establish what they define as talent,
Most of what HR does, can be captured under the label HR operations.
World class HR operations are key, and many organizations are carving
out and centralizing HR operations. Outsourcing or partially outsourcing
is certainly an option.
Businesses periodically face ups and downs. The fluctuating business
budgets and manpower requirements not only impact business operations,
but unfortunately affect the HR department as well. In the absence of
strategic workforce planning, HR finds it difficult to meet sudden talent
requirements.
Does your staff know how much you appreciate them? The wrong answer
could impact your bottom line.
Effective workforce planning for business success
