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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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Creating a talent-rich workforce can make a great deal of difference in the world of business. Unleashing the talent, ability and aptitude of the human resources, undoubtedly, is one of the most difficult tasks in the world.

If you’re able to hire the best industry talent and balance the human intellect, this is, for sure, more than a miracle. To get going and winning the battle of competition, talent management professionals can be of great help to any organization.

These days when there is so much uncertainty in the business world, talent management professionals come as a rescue who handle your entire talent management lifecycle while unleashing and harnessing the gift and intellect of the employees.

Talent management jobs, nowadays, are not restricted to just recruitment and selection. It means much more than that.

However, it may be the beginning of one’s career. The core responsibilities of a talent management professional include sourcing, attracting, recruiting, selecting, and training, developing, deploying, evaluating, appraising and retaining the best talent.

Individuals who want to build their careers in this particular line of Human Resource Management must learn how to tap the diverse talent to meet the organization’s requirements. Their aim should not be limited to poach the high-worth individuals of their competitors but they should be able to deploy them properly and meet the challenges in today’s highly competitive marketplace. Simply hiring them does not solve the purpose.

Individuals may start their careers as a recruitment consultant. However, the profession may seem unattractive to them because of the current image of a recruitment professional in the industry. But it is one of the most important stages in one’s career as the individual himself discovers and develops his own natural talent.

This is the best time when he or she understands what it takes to source and attract the high-profile individuals. Blended learning and the knowledge of internet-based tools help them understand the tricks of the trade. By now they know how to leverage their own strengths and accordingly, they manage their professional development.

Next stage is to be a talent smart manager. This is when one increases their basic skills and builds a powerful social network aligns efforts to ensure a career fit. Understanding the industry trends, practicing mastery and mentoring juniors are the main responsibilities of a talent management professional at this stage.

By this time, there are several career options available to the professionals. Now the individual can accelerate his or her learning by supporting talent mentors and developing plans and practices according to ever-changing industry trends.

Understanding organizational trends, industry trends and the job trends and aligning them smartly to achieve the pre-decided goals. The talent management consultants help organizations create a high-performing work culture through their specialized services.

The next stage is to work as a trainer in organizations and provide coaching to the employees in order to help them understand their strengths and weaknesses and unleash their hidden potential.

Breaking the ice and making employees think beyond their imagination is a challenging task. The main aim of the talent management professional is to successfully align the organizational goals and individual aspirations.

Another lucrative field for individuals interested in this particular profession is to work as independent Talent Management Consultant. The professional helps the organization throughout the entire cycle of unleashing the natural gifts and talents of their people.

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