Talent Management

    knowledge management   Introduction T he main goal of knowledge management is to improve an organization's efficiency and save knowledge within the company. It was defined by Tan (2010) as: ‘The process of systematically and actively managing and leveraging the stores of knowledge in an organization.’ As Ulrich (1998) remarked: ‘Knowledge has become a direct competitive advantage for companies selling ideas and relationships. ’There is nothing new about knowledge management. Hansen et al (1999) observed that: ‘For hundreds of years, owners of family businesses have passed on their commercial wisdom to children, master craftsmen have painstakingly taught their trades to apprentices, and workers have exchanged ideas and know-how on the job.’ But they also commented that: ‘As the foundation of industrialized economies has shifted from natural resources to intellectual assets, executives have been compelled to examine the knowledge underlying their b...

  All Leaders are managers but  not all managers are effective leaders Managers vs Leaders Managers Leaders principally administrators change agents write business plans, set budgets, and monitor progress.   get organizations and people to change.   plan, budget, evaluate, and facilitate.   select talent, motivate, coach, and build trust.   more about mind. are more about soul ( or heart ) rather than mind   sourseMaccoby (2000 )    We can easily define the difference between managers and leaders.  In the literal sense, a manager is tasked with “planning, organizing, staffing and controlling” (Northouse, 2015 p. 13).  The concept of managing is seemingly very task oriented and maintains a high sense of control over subordinates with little autonomy.  Managers are there to simpl...

  Human Resource   STRATEGIES HR strategies set out what the organization intends to do about the different aspects of its human resource management policies and practices. They will be integrated with the business strategy and each other. HR strategies are described by Dyer and Reeves (1995) as ‘internally consistent bundles of human resource practices’. HR strategy must have two key elements: there must be strategic objectives (ie things the strategy is supposed to achieve), and there must be a plan of action (ie the means by which it is proposed that the objectives will be met.       What is HR strategy and why is it important ? HR strategy is the most important aspect of all. The strategy will determine how the HR  process  will run and how to make sure that it works and assists the organization to achieve their goal. When the strategy has been set up, it will be the basic foundation...

  Talent Management Talent Management is integrated with Talent Planning and Talent Development In fact it is relatively new concept in the global context   furthermore it has derived from the phrase `the war for talent’ when it comes to Talent Management it is clear that it is difficult to attract and retain talented people for an organization. O.Reilly and Feffer(2000)point out that some companies adopt talent war mind set and they place too much value on outsides as far as human Resource Management concerned it can be define as a strategic and coherent approach to the management of an organization. The elements of talent management (Armstrong, 2009). Globel context First Merit Bank.  Some may find it hard to believe that the most strategic and innovative approach to recruiting isn’t found inside one of America’s most recognized companies, but rather from this bank headquartered in Ohio. Their approach and structure are so innovative that they literally take ...