Friday, April 24, 2009

Talent Management (TM) - Next Revolution!

Now a days many companies have renamed their HR function as Talent Management. It is indeed a very nice thought from these companies. But I wish these HR people also evolve themselves in implementing this change in real sense.

As it is becoming more and more challenging to hire and retain talented people, we should first define "talent" in people. Are we referring to any skill set of say any technology or we aer thinking about whatever knowledge the person is keeping in his/her mind? There are many tools available to track the skill set of employees and document management initiatives for putting everything on paper.

But by narrowing down the meaning of talent as above, we are just ignoring many other impportant aspects of a talent employee such as :
1) Loyalty
2) Proactiveness
3) Teaming
4) Commitment to work
5) Organization
6) Fitness
7) Enterpreneurship
8) Patience

Above aspects are very important and should be considered seriously while hiring and retaining people working for you.