What Is Talent Management and Why Do I Need It?
by Nicole Speciale
Talent Management consists of the technologies and solutions that support Human Resources in addressing the changing needs of the digital workplace. This includes managing a globally digital workforce, obtaining deeper insights for hiring and recruiting, and finding ways to engage and motivate employees on a long-term basis.
Find Talent Faster
Talent Management can assist HR in addressing several prominent challenges. First of all, the ability to recruit qualified candidates can be difficult. It can be hard to ensure that candidates meet the requirements and even more difficult to tell if a potential hire will succeed long-term. Analytics can assist with mitigating this problem while reducing bias within the hiring process, costs, and time to hire.
Predictive Hiring is a new application that can gauge the success likelihood of new hires based on performance track records. But once the right candidate is hired, there is still the challenge of keeping talent engaged in the workplace.
Maintaining employee engagement is another challenge that all enterprises face, but analytics can also be leveraged here. Through behavior, sentiment, and work style analytics, managing employees can become easier thanks to insights that equip management with the tools they need to motivate and engage with their employees.
Learning is a core part of Talent Management and keeping employees engaged. Modern Learning is about maintaining the essential engagement through more content and AI at the edge. Aragon recently published its fifth Globe™ for Corporate Learning.
Talent Management Platforms
Technologies that offer support for Talent Management come in a range of forms including social, mobile, analytics, and cloud. Talent Management Platforms are becoming a must-have in the enterprise because of their ability to offer predictions and recommendations. This information assists with hiring high-quality candidates and managing an increasingly expanding and mobile workforce.
While the search for top talent can be difficult to navigate, Talent Management technologies are making it easier for enterprises to attract, hire, and retain the talent they want and need.