Assignment 3 Talent Management Strategy

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Assignment 3 Talent Management Strategy HRM532 Developing a strategic plan for an organization despite its size requires the establishment of a standard. This standard should incorporate each potential employee’s skills, traits, and personality to ensure that it is a right fit for the employee, the company, and the future of the company. The company talent goals need to include a consistent set of tools, resources, and processes to manage their talent capabilities to develop expertise, diversification, innovation, experience, and technologically capable individuals to meet their demands. Their developmental concepts and performance requirements should be profound and permanent, focus on organizational capabilities and…show more content…
This is also a time for employee for to give feedback to their manager and see what areas that they can change as well. Another component that helps a successful company is planning. The company must set goals so that they can move forward. They organization but set quarterly goals and measure how they did the year before. Employee must also set personal goals for themselves so that they can grow within the company, the performance plans will help them see how will they are doing within the company. Lastly, the company needs to make sure they have a very diverse group of people. Workplace diversity is focused on the differences and similarities that people contribute to an organization based on their learned culture. Diversity is often interpreted to include elements which influence the identities and perspective that people bring such as from a profession, culture or even a demographic locale. Diversity is about learning from others who are not the same. Diversity t is also about dignity and respect for everyone and about creating workplace environment and practices that encourage learning from others and captures the advantage of diverse perspectives. Determine the key components of talent management, including identifying, assessing, and developing talent. In the talent management process employees create value through the business processes, innovation, sales, and many other important activities. As the organization strives
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