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Strategic Talent Management & Retention

Strategic Talent Management & Retention

Regular price
$40.00
Sale price
$20.00

COURSE OVERVIEW:

Talent management is the science of using strategic human resource planning to improve business value and to make it possible for companies and organisations to reach their goals.

Everything done to recruit, retain, develop, reward and make people perform forms a part of talent management as well as strategic workforce planning. A talent management strategy should link to business strategy to function more appropriately.

Talent Management is an overarching term used to describe an organisation's commitment to fostering as well as maximising the potential and performance of their workforce.

Talent Management serves to enable organisations by providing an identification, developmental and retention based framework to apply to individual employees who are considered of value to that organisation.

Performed well, Talent Management offers companies a strategic toolkit for attracting, nurturing and deploying talented individuals that is ideally also measurable. A robust Talent Management strategy customised to meet the needs of an organisation can offer competitive advantage.

The first part of this course shows why talent is critical in today’s organisation. It explores the forces driving the importance of talent and presents a system approach to talent management.

The second part explains why retention continues to be a serious problem, even in times of economic ups and downs. It explores the negative impact of retention on both organisations and on individuals, including what’s driving the persistent retention issue. Then it dispels some of the myths of turnover and explains why this should be tackled immediately as a strategic issue in organisations.

LEARNING OUTCOMES:

By the end of this course, you will be able to understand:

·       What is Talent Management?

·       The importance of talent management

·       Why talent is critical to organisational success?

·       Why the best idea will fail without proper talent and execution?

·       The reasons why human capital is the last major source of competitive advantage

·       The cost of competent talent

·       The cost of talent departures

·       The talent management system

·       The traditional talent management process

·       What is critical talent?

·       Competencies and the talent management system

·       The CTO’s role

·       The six categories to rank organisations reputation

·       How to analyse talent needs?

·       How to plan for talent?

·       How to attract talent?

·       How to recruit talent?

·       How to select talent?

·       How to employ talent?

·       How to develop talent?

·       The shifting strategies of recruiting

·       How to prepare new talent?

·       How to manage talent performance?

·       How to reward talent?

·       How to retain talent?

·       Why talent retention is a serious problem?

·       The strategies to deal with a downturn in business

·       The negative impact of talent departure on the organisation

·       The negative impact of talent departure on individuals

·       The external factors that are driving the talent retention crisis

·       The internal drivers that have a tremendous impact on turnover

·       The talent retention myths

·       The payoffs of talent retention solutions

COURSE DURATION:

The typical duration of this course is approximately 2-3 hours to complete. Your enrolment is Valid for 12 Months. Start anytime and study at your own pace.

COURSE REQUIREMENTS:

You must have access to a computer or any mobile device with Adobe Acrobat Reader (free PDF Viewer) installed, to complete this course.

COURSE DELIVERY:

Purchase and download course content.

ASSESSMENT:

A simple 10-question true or false quiz with Unlimited Submission Attempts.

CERTIFICATION:

Upon course completion, you will receive a customised digital “Certificate of Completion”.