Group Members:

Shahjahan Khurram

Yousuf TirmiziSidra JabeenRishem Syed

Ever wondered Why:

Competitive companies bear loss?

Business goals aren’t met?

Top talents tend to leave?

For saving money by recruiting, training, performance and succession, Senior Leadership overlooks the importance of Talent management.

What is Talent management?

Talent management

It is the science of using strategic human resource planning to

improve business value and to make it possible for companies and organizations to reach their

goals.

Why Talent Management?According to a CareerBuilder survey, When

employerswere asked how a bad Talent Management

affected them:

41% said one bad hire cost them at least $25,000 25% said one bad hire cost them at least $50,000 40% said they lost time due to recruiting and training 36% say it had a negative impact on morale 22% say it had a negative impact on client solutions.

Without Talent ManagementYour organization wouldn’t even exist

Actually

IT WOULD!

But the offices will be pretty much

SoIn order to implement TM an organization must follow...

Key 6 Elements of TM

Project future needs and to prioritize key jobs and skills.

1. Workforce Planning

Find and hire the right talent for right job

2. Talent Acquisition

Align workforce with organizational goals.

3. Performance Management

Create development plans, track progress and Deliver custom trainings.

4. Learning and Development

Identify, develop, and track high-potential employees.

5. Succession Management

Foster an environment that encourages current employees to remain at the same employer.

6. Retention and Engagement

Benefits of Talent Management

Benefits of Talent Management High productivity, higher Profits!

Right Person at the Right Job

Retaining the top talent 

Better professional development decisions

Long term goals prosperity.