Talent Management And Employee Engagement

Talent management is a crucial part of aligning an organization 's goals and ensuring the right people and skill sets are acquired to achieve those goals. The strategies and tactics an organization uses to attract and retain talent play a pivotal role in the organizational culture and employee engagement. According to our textbook talent management is defined as a systematic, planned effort to attract, retain, develop, and motivate highly skilled employees and managers. (Fundamentals of HRM, Chapter 1) Talent management is imperative to ensure an organization can successfully acquire new talent and what extent employees are engaged to retain that talent. How effective a company address both talent management and employee engagement is critical …show more content…
talent management focuses on leadership, acquisition, retention and evaluation of employees. talent management contributes to the improvement of employees as they feel they make a quantifiable difference in the organization, this creates employee engagement. One of the goals of talent management is to have superior performance throughout the entire and not just upper management for everyone to reach their potential. While performance management focuses on the past and present of employees, talent management focuses on the future and identifies what skills the employees have and the development potential they have for the skills they may need. When an organization focuses on the talent of their current employees it also places a competitive edge over the business because employees feel they can grow and develop with their current employer and are less likely to look for different opportunities. Employee engagement places value of the skills and knowledge employees gain through talent management. A sense of transparency is needed to ensure the entire organization is working for the same objectives and the goals should be clear and measurable. As business grows and different strategies change and talent requirements also change if they employer is able to draw from within instead of looking outside the organization it will …show more content…
Some organizations may look to reduce labor costs to keep up with competition, therefore lack of job security is created and there is little to no opportunity for promotion. Poor working conditions are also factors and retaining employees. If employees only focus on the production and tasks to be completed with no attention to the working conditions, it can create discord in the organization and employees will begin to look for new opportunities. This is another reason talent management must align with the business model and organization strategy. As the business evolves, attention to the tools and conditions needed are imperative to retain employees and allow them to have a sense of empowerment. When it comes to talent management, employee needs are important too as well as business needs. When fitting employees into the business needs and strategies, their personal development needs become important because they should have the desire to expand their knowledge and skills and evolve with the business. If an employee comes in as a lower level employee and they see that the company has a reputation of promoting from within it shows the employee there is room to grow and continue to develop with the company. An employee can come into a company with little to no experience and with talent management can continue to