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Strategies for Effective Talent Management

   

Added on  2020-01-06

7 Pages1341 Words193 Views
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STRATEGIC HUMANRESOURCEMANAGEMENT
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TABLE OF CONTENTSINTRODUCTION ..........................................................................................................................1DEFINITIONS.................................................................................................................................1GOOGLE AND TALENT...............................................................................................................1Talent management framework...................................................................................................2Talent management strategy.......................................................................................................3CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................5
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INTRODUCTION Strategic human resource management has developed a significant impact in the currentcompetitive era. Talent management has developed a significant impact organizationalcompetency and development in the economy (Kim and McLean, 2012). The current report willanalyse the significance of talent and talent management strategies for the business. In order toattain the objective of the research Talent management strategies of google will be evaluated todevelop a well defined reflective idea about the subject. Strategies and models adopted by thecompany will be closely analysed to attain the business objective in an effective manner. DEFINITIONSTalent according to Ulrich (2014) is defined as capability or natural aptitude ofperforming the task or action. It is analysed as a natural competency of a person in one field ortask. Talent management as per Rhodes (2012) is an integrated human resource practiceimplemented to attract, retain, motivate and train the competent and eligible team of employeesin the organization. Talent management approaches adopts two major approaches of operationsnamely inclusive and exclusive talent management. The former focuses on including everyemployee of the company in talent management policy, while later aims at a specific segment ofemployees in the company. Björkman and Welch (2015) analysed talent management as a crucialaspect of business operations as it helps the company in managing its internal capabilitythroughout this tough competitive environment. It helps business unit in maintaining acompetitive edge in the market. GOOGLE AND TALENTGoogle is a globally established technological company which provides internet relatedproducts and services to the global populations. The organization was established in the year1998 and has been successfully operating thereon. The firm is renowned for its innovativepractices and working options provided to its employees. Google has employed a team of 57100employees on global platform and has effectively managed and trained them to attain businessobjectives. The business concept developed as a search engine which has now developed in widebased internet services (Kim and McLean, 2012). Talented employees for google are one of the most crucial and significant resource whichhas helped business in developing a competitive edge in the market. Google has developed its1
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