talent management


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talent management

The area of a business that focuses on retaining current employees and hiring new, exemplary candidates. Talent management is a crucial part of any successful business.
See also: management, talent
References in periodicals archive ?
What she adds is the "art" of applying those scientific principles to the practice of talent management in working with complex organizations.
The Chartered Institute of Personnel and Development (CIPD), a professional association for human resource management professionals based in the United Kingdom, defines talent management as being the systematic attraction, identification, development, engagement, retention and deployment of those individuals who are of particular value to an organization, either in view of their high potential' for the future or because they are fulfilling.
New technology that can scale with customer growth: Deltek Talent Management is built on a modern technology stack, providing organizations with improved redundancy, uptime and scalability, allowing the solution to grow as organizations grow.
The current conceptualisation of talent management strongly focuses on multinational companies and large domestic organizations [21], [25].
Keywords: Talent, Talent Management, Organizational Justice
This acquisition will broaden and deepen Deltek's portfolio of Human Capital Management solutions by delivering cloud-based talent management capabilities to customers.
The MEA Leadership Committee is compiling practices from its members' respective companies, concerning talent management, workforce development and trending worries.
The research, available in the new i4cp report Talent Management in the Trenches, shows that high-performance organizations - those reporting the greatest growth in revenue, market share, customer satisfaction and profitability over the past five years - are more than twice as likely (52%) as low market performers (22%) to involve frontline managers in the design and development of talent management strategies, as well as in the execution of talent management activities (44% compared to 22%).
In addition, the system's information analysis tools allow the company to extract information to assist in its quest for company-wide talent management.
What is the situation, however, in the field of talent management use in human resources in the Czech business environment?
Bersin & Associates' 2009 Talent Management Factbook reported that organizations with superior talent management experience 26% higher revenue per employee and a 40% lower turnover among high performers.
Watson Wyatt's 2009 HR Technology Trends Survey found that more than half of companies (56%) are planning to use more talent management technology over the next 24 months.
They should replace a prevailing approach of using rather formal programs of talents development and the focus mainly on career management and planning of succession by the system of talent management that will enable to those talented individuals a real development and deeper identification with the organization.
This has resulted in the emergence of technology-enabled talent management approaches and systems to better address these higher value-adding human resource approaches.