People Are Not Most Important Asset

People are not your most important asset. The right-hand(a) people are. - Jim Collins gift is becoming scarce and Talent has more options today - hence needs to be systematic all(prenominal)(prenominal)y managed. Globally, there is a demand and supply mismatch. Organizations are inducting giving at all levels. Talent Management Process is ? A holistic and systematic process ? Not stand-alone - It go out build on the work done so far on people processes ? A clear and transparent process, and has a Talent Identification and Talent Development Strategy for all the 3 levels of management Senior, Middle & Junior Management ? go away facilitate planned succession and career management TALENT , emf & LEADERSHIP Talent ? Has both special aptitude and superior major power, critical to the success of business Potential ? Capable of coming into world or action.

Potential is not merely a but, in like manner for demonstration of acquired intellectual & emotional assets a demonstration of ability to acquire the assets future situations needed Leadership ? Talent when coupled with potential, occupies sealed positions, that set the direction and drive the organization and teams towards an aspirational goal ? either Talent does not represent Leadership ? High slaying & High Leadership potential is critical to the success of every business Competencies are of two types : 1. Functional Competency : It is the primeval association and skill needed by a gambol bearer for the effective performance of the job. They are necessary but not sufficient for outstanding performance of the job. 2. Behavioural Competency : It is an underlying, key characteristic needed for outstanding job performance, that leads to and predicts high performance. It describes how the job holder does a particular job. Both functional and behavioural competencies are observable and measurable. Competencies are a cluster of link knowledge, attitude and skill that: ? Correlates with performance on the job ? apprise be measured... If you want to get a full essay, swan it on our website: Orderessay

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