Impact Of Talent Management On Organizational Performance

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TALENT MANAGEMENT: A STRATEGY TO IMPROVE EMPLOYEE PERFORMANCE
Seema Verma1 Dr. Taruna2

ABSTRACT:

The purpose of the study is to enquire into the effect of talent management on organizational performance. The purpose of this research paper is to recognize some productivity in organization. The analysis is to know that talent management has positive impact on the organizational overall performance. The principle of this study is to clarify, the meaning of the talent management and it’s significant and try to insight into the factors that will be necessary for its effective implementation in modern organisation. The research is made in order to depict the used talent management practices by the employees in workplace to make …show more content…

Talent refers to an ability or aptitude in a person or to talented performance or achievement by a person.
Talent management means different thing to different organizations. The assumption that all people have talent which should be recognized and liberated. Talent management is usually associated with Competency- based HRD and management practices. Talent management refers to the process and strategy of developing new employees, and attracting competent work force to Work for the organization.

Talent management involves inter-related activities: Talent Management can be done for several inter- related activities, Such as:
1. Performance Appraisal
2. Creating enabling culture
3. Clarifying expectation
4. …show more content…

Moving from reactive to proactive, companies is valuable hard to exploit talent. According to SHRM 's
(2006) Talent Management Survey Report, 53% of organizations have explicit talent
Management initiatives in place. Of these companies, 76% consider talent management a top priority. In addition, 85% of HR professional in these companies work openly with
Management to execute talent management strategies. Yet different companies may not define talent the same way. The belief in talent and its impact on the substructure line are at the heart of talent management. To be efficient, the talent approach must be entrenched all through the organization, starting with the CEO. Going beyond succession planning for top leadership positions, companies that value talent have a profound appreciation for the contribution of individuals at all levels, now and for the future. In essence, talent is the vehicle to progress the organization where it requirements to

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