Talent Management: Software Applications, Strategies and Examples

This report explores the application of software in talent management, focusing on how companies use these tools to improve employee performance and strategic human capital management. The report begins with an introduction to talent management and the benefits of software applications, followed by a discussion of various talent management approaches. It presents case studies of First Merit Bank and Microsoft, highlighting how they leverage software for data mining, customer relationship management, workforce planning, and analytics. The report then examines how these efforts contribute to strategic human capital management, emphasizing the positive impact on employee satisfaction and overall business efficiency. The conclusion summarizes the advantages of implementing talent management software for enhanced productivity. References to relevant research papers are also included.

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Table of Content
 Introduction
 Broad range of talent management efforts
 Examples of firms that successfully uses the applications
 How efforts are useful in strategic human capital management
 Conclusion

Introduction
 Software application is a program designed for people from which it help the them
in their working area. Talent management efforts refers to retain high quality
employees through certain methods, strategy process. To maintain the quality of
employees company use certain software through this it will help the company to
improve its standard.

Broad range of talent management
efforts
There are various talent management approaches which can be used by the
Directors within an organization. These can be explained as follows-
 Developing job opportunities
 Performance assessment

Examples of firms that successfully uses
the applications
 First merit bank- By the use of the talent management software they
develop the strategic and innovative approach for recruiting in the bank of
America, through this software HR is able to do data mining, customer
relationship management and competitive intelligence.
 Microsoft- By the use of this they use the excel at the workforce planning
and utilizing the analytics at workplace.

How efforts are useful in strategic human
capital management
 All the efforts improve the efficiency and performance of company in
terms of enhancing the quality of personnel. It helps in creating
capabilities of employees through different software. It create the healthy
environment in business as employees are satisfied with the work they
have done that leads to proper management of human capital in
businesses.

Conclusion
 Talent management effort are beneficial for firm to improve the
performance and effectiveness of employees and subsequently it
helps in growth of business. Certain software is used by
companies to enhance the quality. It will be beneficial foe
organisation to implement such software to increase its
productivity.

References
 Swales, J.G. and Et. Al., 2019. Mass spectrometry imaging and its
application in pharmaceutical research and development: A concise
review. International Journal of Mass Spectrometry. 437. pp.99-112.
 Qiu, S. and Et. Al., 2019. Development of an advanced free-piston Stirling
engine for micro combined heating and power application. Applied
energy. 235. pp.987-1000.