Hi Neha,
Talent management is the process of implementing a system to explicitely identify and recognize people who are a part of the talents pool. This process implies that there should be a clear differentiation among the people who can be put into the various categories of talent pool like category A for those people who have high talent level and outstanding performers. Category B for those people having moderate performance but have competency to excel. similarly category C and Category D can be formed as per the requirement of the organisation.
Now a question arise is how to go for it????? The answer is COMPETENCY MAPPING which is a process of identifying the competencies of the workforce so as to come out with those people who can be assigned greater job responsibilities. Competency Mapping is also an effective tool of ascertaining the need of Training and developement.
Knowledge Management ('KM') comprises a range of practices used by organisations to identify, create, represent, and distribute knowledge for reuse, awareness and learning. Knowledge Management programs attempt to manage the process of creation (or identification), accumulation and application of knowledge across an organisation. Effective knowledge management is an unaviodable tool in the IT driven organisations to keep their workforce update conforming the latest IT trends.
Amit Goyal
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