Talent Management

The systematic attraction , deployment and development of individuals who are  of particular value to the organization ,either because they fulfill critical roles or they possess higher future potential( CIPD , 2015). Talent management  is the usage of strategic human resource planning to improve business value and to reach the organizational goals effectively.This  is concerned as a holistic strategy to hire employees, train them and retain the best employees in organizations.

Why Talent Management is important ?

• Attract top Talent 

  Discovers the opportunity to attract the most talented and skilled employees available from the industry.It also creates an employer brand  that could attract skilled and talented employees that can contribute to extreme potential heights for the improvement of the business performance.
  
  

• Employee Motivation

  Talent management creates more reasons for the employees to be attracted  towards the organization . According to the survey carried out by Chandler and Macleod , results state that 91% of employees need to feel engaged and motivated rather than the remuneration facilitated.

• Increase employee performance

  This will make it convenient for the organizations to identify the best fit for the job and hence will ensure to have less performance management issues and grievances .This will also ensure that the top talented employees will be retained within the organization for a longer time period.

• Improve business performance

   When the employees are fully engaged to the right job ,this improves the productivity of the work involved .The management can archive  the defined goals and objectives since employees are skilled and motivated towards work.As a result ,the expected performances can be reached with minimum obstructions.

• Higher client satisfaction

  Organizational wide integration and a consistent approach is facilitated with the fusion of talent management.Since there is a general communication approach within the business,its more integrated not isolated with each other .Hence the customer satisfaction rates are usually higher and the issues are dealt in a rapid manner.
  
      
• References
  

  Armstrong,M.,2014.Armstrong's Handbook of Human Resource Management Practice . 13th ed.London: The Koganpage

  The importance of talent management and why the companies should invest in it , accessed 3rd August 2018 , <http://humanresourcesonline.net/the-importance-of-talent-management-and-why-companies-should-invest-in-it>