Significance Of Talent Development
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With the growing economic pressures, the organizations have been forced to adapt new management strategies that focus on enhancing the productivity and performance of the current workforce. The survey sought the opinion of the participants on the issue of talent management with respect to the following three aspects. Skill Development: According to the results of the survey, organizations adapting inclusive human capital strategies tend to have a more engaged and motivated workforce. This in turn helps in enhancing the overall performance and growth of the business organization. Performance Assessment: According to the survey report, an increasing number of organizations are adapting integrated talent review and measurement programs as opposed to the department specific strategies followed earlier. Employee Training: Irrespective of the skill set possessed by employees, they need to gain a better understanding of the not only the working of the organization but the role and responsibilities they are expected to handle.India 24/7 Hotline. Tel: 91 8010772772Mail us: [email protected] FB Page : https://www.facebook.com/CornerstoneCXOsearchAdvisoryTweet US : https://twitter.com/CornerstoneIndiPIN it : http://www.pinterest.com/cornerstoneind/G Profile : https://plus.google.com/ cornerstoneindia/postsWeb URL : http://www.cornerstone.co.in/

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Significance Of Talent Development

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Significance of talent development

Significance Of Talent Development

Tel: +91 8010772772 , [email protected]


Significance of talent development

Significance Of Talent Development

With the growing economic pressures, the organizations have

been forced to adapt new management strategies that focus on

enhancing the productivity and performance of the current

workforce. The survey sought the opinion of the participants on

the issue of talent management with respect to the following

three aspects.

 Skill Development

 Performance Assessment

 Employee Training

India 24/7 Hotline. Tel: +91 8010772772


Significance of talent development

Significance Of Talent Development

 Skill Development : According to the results of the survey,

organizations adapting inclusive human capital strategies tend to

have a more engaged and motivated workforce. This in turn helps

in enhancing the overall performance and growth of the business

organization.

India 24/7 Hotline. Tel: +91 8010772772


Significance of talent development

Significance Of Talent Development

 Employees tend to be more productive when the people

management goals form an integral part of the corporate strategy

as it helps in creating work environment where every employee is

ensured of an equal opportunity for advancement. In addition,

such strategies also help in building trust amongst the workforce

that their leadership pipeline is healthy and well managed.

India 24/7 Hotline. Tel: +91 8010772772


Significance of talent development

Significance Of Talent Development

 Performance Assessment : Accessing the performance of the

workforce plays a critical role in ensuring the sustained growth of

any business organization. According to the survey report, an

increasing number of organizations are adapting integrated talent

review and measurement programs as opposed to the department

specific strategies followed earlier.

India 24/7 Hotline. Tel: +91 8010772772


Significance of talent development

Significance Of Talent Development

 This point towards the need for universal human capital

strategies that can pave the way for identifying potential leaders

irrespective of their roles and departments they have been

working in. Given the significance of these programs, it is really

surprising that only 55% of participants accepted the presence of a

strong talent and review strategy while 25% said that their

organization did not follow any such plan.

India 24/7 Hotline. Tel: +91 8010772772


Significance of talent development

Significance Of Talent Development

 Employee Training : Irrespective of the skill set possessed by

employees, they need to gain a better understanding of the not

only the working of the organization but the role and

responsibilities they are expected to handle. Moreover, the

constant changes in market strategies and technology also require

the workforce to regularly upgrade their skills. That is why

organizations carrying out regular training and coaching sessions

for their employees tend to have a better market growth..

India 24/7 Hotline. Tel: +91 8010772772


Significance of talent development

Significance Of Talent Development

 According to the survey reports, the 33% of the top managers

admitted to the conduct coaching for new recruits while 23 % said

that they conducted training for employees being assigned new

positions. 40 % of the participants accepted that they organized

training sessions to resolve any issues or weaknesses of their

employees while 33% agreed to use training for ongoing

development of the workforce. However, 40% also accepted that

they did not have any training program in place for the workforce.

India 24/7 Hotline. Tel: +91 8010772772


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