Talent management is primarily focused on performance improvement and optimization of one’s potential (Dessler, 2015). Talent management can be used to acquire, improve, and retain the best employees. First, the evaluation system adopted helps the company to identify and isolate talented employees from the rest of the employee body (Dessler, 2015). This form of identification provides a suitable platform for the organization to optimize on employees’ potentials, thereby improving the overall organizational performance. Moreover, such improvements motivate employees to remain loyal to the organization.
During this stage, leaders solidify the change that has taken place. This can be done by installing a reward system or restructuring for accountability (Burke, 2011). Lewin’s change theory is an important model because it helps organizations lead its staff through change in a systematic way. Showing employees why a change is needed instead of just making changes for the sake of making changes can be beneficial for leaders managing change. “Closing the gap” helps employees understand the purpose of the change and allows them to perform more efficiently with less stress and confusion.
In addition, it is also important that the leaders create and measure motivational activities among employees, without impaired them into inflexible people. The second one is to acknowledge and give credit to your own efforts, not to the opportunity. Only your entrepreneurial abilities and skills will determine the outcome of your business. Entrepreneurs can practice this by giving themselves time to reflect and congratulate themselves for the achievement. Finally, the third one is to seek and enjoy working with people from different backgrounds and cultures.
• Possess qualifications and experience in the areas that skills-transfer coaching is offered. • Manage the relationship to ensure the client receives the appropriate level of service and that programmes are neither too short, nor too long. Business coaching & mentoring Organisational development, changes brought about by mergers and acquisitions as well as the need to provide key employees with support through a change of role or career are often catalysts, which inspire companies to seek coaching or mentoring. At one time coaching and mentoring were reserved for senior managers and company directors, now it is available to all as a professional or personal development tool. Coaching and mentoring are also closely linked with organisational
Workforce planning a systematic process: It has been analyzed that workforce planning is a systematic process that involves proactive planning techniques to avoid any talent shortages. The planning is based on the premise that the company can staff more efficiently in case it will forecast its talent needs by evaluating the main supply or available staff member. The planning helps the HR managers to recruit right people at right place with right skills at the right time. Helps HR to know the business cycle: The workforce planning helps HR to smooth the business cycle by developing a process that ramp up and reduce the talent inventories and work efficiently during good times and lean
2.1.2 I Achieve Principles The following points outline the most important principles of the I Achieve performance management process: A) Regular and open dialogue between appraiser (line manager/team leader) and appraise (employee) is critical to the approach. B) Both the appraiser and appraise have shared responsibility for the review process. It is important that both contribute fully by providing specific examples of performance relating to the work objectives and Company values. C) There should be no surprises in the formal reviews. Issues of underperformance must be dealt with as soon as they arise rather than being left for a formal review.
Smart is being able to get the best resources, applying the best techniques to your project and choosing the strategy in what you’re presenting to the performance of your client. Fast is making sure that everything is up to date on all current events, getting the project done on time too. Kindness is telling us that, we need to be respectful to anyone working on the project, contractors, co-workers and the client’s representatives. One Smooth Stone finds that values and culture are a very important part of their organizational structure. All these values are a part of the product the company
This means possessing the ability to easily access, evaluate, and create information through the use of digital communication and technologies. The future workplace requires one to embrace technology and integrate technology in one’s work. Thus, the 21st century worker needs to know how to make use of ICT to improve oneself and more importantly to leverage on ICT to produce quality work. Cross Cultural Competency In a globally connected world, cross-cultural competency will soon become an important skill for many workers in time to come. Organizations are increasingly seeing a diversity in staff as well as business partners.