Talent Management Report: Definitions and Organizational View

Verified

Added on  2020/04/21

|6
|726
|80
Report
AI Summary
This report delves into the realm of talent management, commencing with definitions of 'talent' as a combination of innate abilities and acquired skills, and 'talent management' as a strategic approach to cultivate and utilize an organization's key personnel. It explores the perspectives of various management authors, highlighting the importance of a systematic and customized approach to talent management based on the specific needs of an organization. The report emphasizes the significance of strategic talent management, focusing on the pivotal talent within an organization and their contribution to profitability. Key definitions from Michel et al. (2001) and Lewis & Heckman (2006) are included, alongside references to foundational works in the field. The report underscores the dynamic nature of talent management in response to evolving business environments, advocating for adaptable strategies tailored to organizational goals. This report is available on Desklib.
Document Page
Running Head: Talent Management
Talent Management
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Talent Management 1
Table of Contents
Q1
Definition of Talent & Talent Management...................................................................................1
Introduction of Talent:...............................................................................................................1
Definition of Talent:...................................................................................................................1
Introduction of Talent Management:..........................................................................................1
Definition of Talent Management..............................................................................................1
1.2 Best Definition...........................................................................................................................2
Talent..........................................................................................................................................2
Talent Management....................................................................................................................2
Q2 Talent and Talent Management from Organizational Perspective............................................2
References.......................................................................................................................................3
Document Page
Talent Management 2
Q1 Definition of Talent & Talent Management
Introduction of Talent:
Talent is the personal trait of the individual, talented person have high level of adoption
and expertise to learn from the environment or from some training sessions and exceling in his or
her specialized field. It is the common characteristics which any organization look forward while
recruiting an employee, because an organization look forward to an individual who has zeal to
bring in the expertise in his or her respective field. (Sizler, & Dowell, 2009)
Definition of Talent:
Michel et al., 2001 defined talent as amalgamation of both natural and learned qualities of
the individual. Natural qualities refer to god gifted or inherited or genetic qualities with
expertise in some particular area and learned quality here refers to zeal and enthusiasm of an
individual to learn or adapt things in less time from the environment in his or her respective field
(Michel et al., 2001).
Introduction of Talent Management:
Talent management is one of the most important task of the organization to manage the
talented taskforce of the organization, talented taskforce here refers to the employees who
contribute largely to the profitability of the organization as the talented task force is the
important asset of the organization, and it is the major responsibility of the organization to
manage them skillfully.
Definition of Talent Management:
Document Page
Talent Management 3
Boudreau & Ramstad, 2002 defined talent management as focusing on the “pivotal
talent” of the organization i.e. focusing on those employees who are contributing to the
profitability of the organization, and taking care of their timely grooming and upgrading them as
can contribute more to the organizations expected goals (Boudreau & Ramstad, 2002)
1.2 Best Definition
Talent: best definition of talent was given by Michel according to him talent is an attitude of an
individual with an zeal of doing extraordinary in his or her field, and his qualities are
amalgamation of both gifted and learned qualities (Michel, 2009)
Talent Management: best definitions of talent management is given by Lewis & Heckman in
2006 according to him Talent management is rebranding of Human resource department
according to him talent management is all about doing the HR function in more systematic way
with more focus on the talent pool of the organization (Lewis & Heckman, 2006)
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Talent Management 4
Q 2 Talent and Talent Management from Organizational Perspective:
Every organization has different strategies and different business environment as per the
increasing global dynamics in the business environment, every organization has to achieve its
goals based on the existing atmosphere of the organization.
Thus definition of talent and talent management are just the set defined perspectives of
the management authors whereas in actual application, an organization needs to focus on talent
in “strategic, systematic and customized manner” depending upon personal need or requirement
of the organization. (Sizler & Dowell, (Eds.).2009).
Document Page
Talent Management 5
References
Boudreau, J. W., & Ramstad, P. M. (2005) Talentship and the new paradigm for human resource
management: From professional practice to strategic talent decision science. Human
Resource Planning, 28(2), 17–26.
Lewis, R. E., & Heckman, R. J. (2006). Talent management: A critical review. Human Resource
Management Review, 16, 139–154.
Michaels, E., Handfield-Jones, H., & Axelrod, B. (2001). The war for talent. Boston: Harvard
Business School Press.
Silzer, R., & Dowell, B. E. (Eds.). (2009). Strategy-driven talent management: A leadership
imperative (Vol. 28). John wiley & sons.
chevron_up_icon
1 out of 6
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]