Talent Management Practices in IT Sector, Bengaluru
International Journal for Research in Applied Science and Engineering Technology
The key success factor behind competitiveness and sustainability to remain viable and survive in today's competitive environment is its ability to utilise its Human capital in other words the talent workforce. The only distinctively competitive tool that can help organisation to strategically achieve its long term goals. This is the reason why almost all the organisations are focussing towards right and strategic talent identification, procurement, development, empowerment, engagement and
... ngagement and retaining this key capital. Talent management is an integrated system that facilitates, processes, nurtures, develops and creates a balance between the job and organisation key competencies. It serves as a platform for matching key organisation capabilities with varied crucial positions that are critical and significant for an organisation with leadership perspective and developing in the form of competencies the key skills, traits and abilities that will help organisation to sustain and maintain talent pool across the organisation. With aging workforce, entry of millenials, high technological revolution, role of social media, changing workplace environment and culture, global focus, uncertain and turbulent market conditions organisation look forward to developing and retaining talent workforce as a key differentiator to survive well in today's challenging business environment. A big challenge for today's leaders is finding and keeping engaged productive, committed and capable workforce and thus requires good degree of creativity and innovation on the part of HR practitioners, line managers and leaders.