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What are the Best Practices for Talent Planning?

File(s)
What_Are_the_Best_Practices_for_Talent_Planning_and_How_to_Attract_Gen_Y_and_Female_Professionals.pdf (194.57 KB)
Permanent Link(s)
https://hdl.handle.net/1813/74496
Collections
Executive Summaries on Current HR Topics (ILRHR 6640)
ILR Student Works
Author
Chow, Joy
Abstract

As part of business strategy planning, talent planning plays an essential role in positioning a company to maximize the effectiveness of talents and gain competitive advantages. Talent planning can be viewed much broader than succession planning. It encompasses a wide range of positions and numbers of employees across an organization. Aligning with the company’s strategies and goals, talent planning is an ongoing process and its life cycle comprises planning, selecting, developing, promoting, and replacing. The core purpose of all the activities is to retain valuable employees. An analysis by Kenexa® disaggregates talent planning program into four dimensions: Career Planning, Talent Development, Leadership Development, and Succession Planning. These four dimensions ascertain the depth and width of talent planning programs.

Date Issued
2014-04-01
Keywords
human resources
•
best practices
•
talent management
•
retention
•
female employees
•
Generation Y
•
millenials
Rights
Required Publisher Statement: Copyright held by the authors.
Type
article

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