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Introduction
Talent management is designed to help companies leverage human capital for maximum gain. From strategic planning to acquiring talent to performance management and succession planning, this course teaches the elements of talent management within a framework of current application, to help students better understand talent management techniques and learn to use them in a profitable way. Management of talent in the workplace is critical for all levels of managers and not only to human resource professionals. Talent management is the understanding and anticipation of sufficient human capital, and the development and planning to fulfil those human capital needs. When a manager takes a talent management perspective, he or she understands that the talent management tasks such as recruiting, training, and paying employees are components in a single talent management process.
Course Objectives:
By the end of the course, participants will be able to:
Course outline:
Module One:
The War for Talent
Module Two:
Intangibles: The New HR Return on Investment
· Intangibles Defined
· The Rising Importance of Intangibles
· An Architecture for Intangibles
· HR’s Role in Building Organizational Capabilities
Module Three:
Proactive Talent Management
· Six HR Conditions for Organizational Success
· Defining Proactive Talent Management
· The Foundations of Talent Management
· How Talent Management is Different from Succession Planning
Module Four:
Talent Management: Problem or Solution?
· A Short Historical Perspective
· Talent Management as Part of Risk Management
· A New Framework for Talent Management
Module Five:
Creating a Talent Management System
· Four Steps to Follow
· Key Positions and Key People
· Identifying High Potentials
· The Performance Potential Grid
· The Talent Web
· Qualities of Processes Needed to Spot, Develop and Retain Excellence
· Integrating Coaching, Training and Development with Talent Management
· Optimizing Investment in People
Module Six:
Institutional Strategies for Dealing with Talent Management Issues
· Navigating the Forces Impacting Talent Management
· Institutional Strategies and Best Practices
Module Seven:
Retaining Top Talent: The Big Challenge
Module Eight:
Wrap Up: Turning your organization into a “Talent Master”