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How to develop a Talent Management Strategy

Talent Management can be seen as quite confusing and in some cases problematic, which is why having the right talent management strategy can be vital for a business. If you are an HR or L&D professional it allows you to raise your profile and add real value to your organisation as it is a way of linking all your people activities to the business or organisational strategy. Themes that fit into Talent Management may include: employee engagement; recruitment models and retention strategies; role profiling to measure or develop key skills e.g. technical or leadership competence; performance management; Learning & Development including management & leadership skill development and succession planning. In short, it is all about aligning systems and processes to recruit the best people then manage, develop and retain them.

What is a Talent Management Strategy?

Certainly, a Talent Management Strategy shows how the business strategy and/or key improvisational goals are aligned with internal people-related drivers and activities. Therefore, this maximises the chance of creating synergies and positive results in both areas.

Why is it valuable?

It’s valuable because it shows the relationship between strategic business or improvisational outcomes and people initiatives. This can give them the chance to be taken seriously and demonstrate real value by preventing them from being devalued when time or budget pressures arise.

It helps the whole organisation understand the purpose of certain people-orientated initiatives which make them more compelling and meaningful. For example, employee engagement isn’t just about how happy people are; we want to measure and improve it because it has been proven to correlate with improved business and organisational outcomes.

Performance Management Resources

Finally, to access this resource you will need to fill out your details on this page. Part of our ethos is to help build a better workplace for people, whatever their location. We achieve this through great performance management software, the HR Uprising Podcast, and a variety of free thought leadership resources. Therefore, if you would like to learn more about this topic, you can find some additional resources using the buttons below.

We also have a team of organisational development consultants who are on-hand to help meet your needs for culture change. So, if you would like to find out more about this service, why not get in touch by contacting us here.

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