HRM - Talent Management Essay Example | Topics and Well Written Essays - 1250 words

HRM - Talent Management - Essay Example One of the strategies that have enabled the success of a large number of companies on a global scale has been their ability to find very good people to work for them on the ground (Karin, 2004). This means that the employees of these companies have to be well trained, promotable, and diverse and committed, creating an environment where the companies are able to provide the best services to their customers. To achieve such a workforce, it is necessary for companies to create some extremely good employee policies, which will work towards gaining the confidence of potential employees (Maxwell, 2004). One of the main reasons for the success of companies has been their ability to bring potential employees into their workforce, because this has ensured that they a dedicated workforce working for them, hence an increase in their productivity. Performance management is an extremely important aspect of human resources and it involves the systematic process through which a company involves its employees, as individuals and members of a team, in ensuring the effectiveness of the said company in the accomplishment of the mission and goals that it has set for itself (Piskurich, 2006). In any effective company, rewards towards employees are used well because they are the basis upon which employees can be motivated to be more productive. Rewarding means the recognition of deserving employees, alone or as members of teams, for their work and acknowledging their involvement in the achievement of the aims and objectives of the company for which they work (Broderick and Pearce, 2001). One of the basic principles of effective management is that all behaviour is controlled by its consequences and the said consequences... This essay describes the most important tasks when dealing with talent management, that is people resourcing. It involves the recruiting and employing of individuals who will work for a company. The essay explores the management of talent within a company, that is very important in the interaction between people within it and in fact, it is the glue that holds the employees of the said company together. The researcher states that without talent management, all other elements of the company would not be able to function, and in fact, they would be virtually non-existent. Talent management is therefore very important for a company to function effectively and it has even become more important today because of globalization issue, which has forced people and companies to start working across cultures as opposed to when people only used to work within their own cultures or societies. It is often very difficult for a company to embrace talent management if its management believes that its corporate culture is superior to all other cultures and that the practices of others are not in accordance its own views. It is also important for a company to embrace the cultures it encounters in new environments because this will ensure that it is able to make swift changes that may be beneficial to it. In conclusion, the researcher suggests that with swift changes, that are mentioned in the essay it would be much easier for the companies to be able to manage its talents so that it can be more productive.