Friday, September 12, 2008

Current Talent Management Outlook

The current talent management for Organizations has undergone a major change and some of the key features which are looked into are as follows:
  • Increased emphasis on assessment
  • Internet networking emerges
  • The emergence of workforce planning
  • A focus on the internal deployment
  • Employment branding
  • Continued emphasis on sourcing
  • Renewed focus on the contingent workforce
  • Emerging new technology arrives
  • Focus on leadership positions
  • Strategic metrics becomes king

Elaborating on the last but surely not the least point it is the critical differentiator for any Organization which is on its way from good to great.

However while measuring metrics is important, it is effective only if the following do’s and don’t are taken into consideration while doing so.

Some of the important factors which make metrics good are as follows:

  • Aligned with business
  • Actionable & Predictable
  • Consistent
  • Time traceable
  • Peer comparable

Some of the common mistakes made in capturing the metrics are:

  • For the sake of metrics
  • Too many
  • Not doing the intended action
  • Lack of follow up
  • No record of methodology
  • No benchmark
  • Not peer comparable

Contributed By:
Mr. Ranjan Sarkar
(Vice President-HR & Corporate Communications)
Acclaris Limited

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