Talent management is an important function of the Human Resources department, concerned with attracting, developing, engaging and retaining productive employees. Using metrics to monitor HR departments has been practiced for a while and ensuring high performance talent management can become an important competitive advantage for a company. But what do baseball and talent management have in common?
Non-discriminative policies, gender equity and women in leadership are all sensitive topics in today’s business world. Gender inequality issues have been discussed, arguments reiterated, some improvements made, yet there is still perceptible imbalance within this chapter.
One of the best ways to motivate high-performing employees is through an adequate, robust and fair bonus plan. This entails relating performance predictions and measurement to retribution, and establishing appropriate targets.
Do thick CVs predict performance, or describe a precedent?
When looking to hire, Human Resources specialists and managers will look to the best fit between the candidate’s offer, his CV, background and achievements and the job’s requirements. It’s the natural string of events, taking into account urgency and the need for workforce.
Sometimes, companies overlook the human resources function in their attempt to become market leaders. This is a crucial mistake, as long time performance and brand recognition are built with loyal, hardworking and motivated employees. Understanding that employees are the most valuable asset of a company is only part of the solution. In order to ensure growth and stability, companies need to actively implement Performance Management Systems that emphasize Individual Performance, Talent Management and Succession Management.