Talent Management at Infosys
Introduction to Talent Management
In today‘s challenging business environment of going global and competition becoming intense, organizations have mounting pressure to perform better than before. Over the years, creation and preservation of knowledge has become a key tool in accelerating competitiveness and enhancing organizational capabilities to respond to market changes wherein employees‘skills and personalities are appropriately deployed to optimize performance, is a critical and difficult task. Furthermore, identifying and developing executives who have leadership potential, like every other vital strategic function, is a demanding process that is equal parts of Arts and Science.
Not only Software and BPO Companies, no organization can rest in peace under the assumption that once they have recruited the employee in place, their job is done. The real challenge that is faced by these industries is not hiring the right person for the right job, neither their Performance Management System, nor their Work Climate nor Culture, but in retaining the employee. It is proven beyond argument that it is the people who make or break the organization.
Managing the talent of key employees is critical to achieve the success in long-term by any organization. Talent management involves individual and organizational development in response to a changing and complex operating environment. It includes the creation and Talent in general terms refers to the capabilities, skills or the art, a person possess in a particular field. It also refers to those people who have high potential, scarce knowledge and skill or who can successfully bring about transformation and change in the organization. Such individuals are usually sought after in the market and their contributions to the business add direct value to its strategic or competitive positioning.
Coming to the word Talent Management in an Organisation, it refers to those special steps an organization adopts to recruit,
In today‘s challenging business environment of going global and competition becoming intense, organizations have mounting pressure to perform better than before. Over the years, creation and preservation of knowledge has become a key tool in accelerating competitiveness and enhancing organizational capabilities to respond to market changes wherein employees‘skills and personalities are appropriately deployed to optimize performance, is a critical and difficult task. Furthermore, identifying and developing executives who have leadership potential, like every other vital strategic function, is a demanding process that is equal parts of Arts and Science.
Not only Software and BPO Companies, no organization can rest in peace under the assumption that once they have recruited the employee in place, their job is done. The real challenge that is faced by these industries is not hiring the right person for the right job, neither their Performance Management System, nor their Work Climate nor Culture, but in retaining the employee. It is proven beyond argument that it is the people who make or break the organization.
Managing the talent of key employees is critical to achieve the success in long-term by any organization. Talent management involves individual and organizational development in response to a changing and complex operating environment. It includes the creation and Talent in general terms refers to the capabilities, skills or the art, a person possess in a particular field. It also refers to those people who have high potential, scarce knowledge and skill or who can successfully bring about transformation and change in the organization. Such individuals are usually sought after in the market and their contributions to the business add direct value to its strategic or competitive positioning.
Coming to the word Talent Management in an Organisation, it refers to those special steps an organization adopts to recruit,
Bibliography: http://derekstockley.com.au/newsletters-05/020-talent-management.html http://shodhganga.inflibnet.ac.in/bitstream/10603/2419/8/08_chapter%201.pdf http://www.taleo.com/researcharticle/what-talent-management http://www.cipd.co.uk/hr-resources/factsheets/talent-management-overview.aspx http://sandylearningblog.wordpress.com/2008/09/02/introduction-talent-management/ http://www.scribd.com/doc/15499035/Talent-Management-Scope-and-Process http://en.wikipedia.org/wiki/Talent_management http://www.gov.ns.ca/psc/pdf/hrCentre/resources/talentManagement/TM_Process_Guide.pdf http://www.managementstudyguide.com/talent-management.htm http://www.infosys.com/talentedge/Pages/index.aspx