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Talent DNA-A Mechanism to Make Accurate Decision on Talent Needs


Affiliations
1 Dept. of Management, Vivekanand Mahavidyalaya, Raipur (C.G.), India
2 Dept. of Management, Pt. Harishankar Shukla College, Raipur, India
3 Dept. of Commerce, Pt. Harishankar Shukla College, Raipur, India
     

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In today's global economy, companies must continually invest in human capital. In the role of business partner, HR leaders work closely with senior management to attract, hire, develop and retain talent. A talent management system must be worked into the business strategy and implemented in daily processes throughout the company as a whole. The term Talent Management was coined by McKinsey and Company following a 1997 study. For this research descriptive type of research design will be used. Research done on the value of talent management consistently uncovers benefits in these critical areas: revenue and talent quality. Three views are important for talent management. A second perspective on talent management focuses primarily on the concept of talent pools. Talent pool is a long term asset for organization today. Effective talent management system is fully based on the concept of talent DNA. In this regards talent DNA play an important role and fulfill aspiration of all corporate heads.
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Abstract Views: 271

PDF Views: 2




  • Talent DNA-A Mechanism to Make Accurate Decision on Talent Needs

Abstract Views: 271  |  PDF Views: 2

Authors

A. K. Jha
Dept. of Management, Vivekanand Mahavidyalaya, Raipur (C.G.), India
Sanjay Awasthi
Dept. of Management, Pt. Harishankar Shukla College, Raipur, India
Shantanu Paul
Dept. of Commerce, Pt. Harishankar Shukla College, Raipur, India

Abstract


In today's global economy, companies must continually invest in human capital. In the role of business partner, HR leaders work closely with senior management to attract, hire, develop and retain talent. A talent management system must be worked into the business strategy and implemented in daily processes throughout the company as a whole. The term Talent Management was coined by McKinsey and Company following a 1997 study. For this research descriptive type of research design will be used. Research done on the value of talent management consistently uncovers benefits in these critical areas: revenue and talent quality. Three views are important for talent management. A second perspective on talent management focuses primarily on the concept of talent pools. Talent pool is a long term asset for organization today. Effective talent management system is fully based on the concept of talent DNA. In this regards talent DNA play an important role and fulfill aspiration of all corporate heads.

References