A talent management strategy is the starting point for any organization to achieve it's business goals. In fact, the talent management strategy of a company is based upon its business goals. The strategy guides, Recruitment and Hiring Performance Management Career Development Succession Planning Learning & Development The below video will introduce an individual to four steps needed for an effective talent management strategy. REFERENCES LinkedIn Learning (2017) Talent Management | LinkedIn Learning - What is a talent management strategy? [online]. Available at: https://www.youtube.com/watch?v=snl7eC8LDLk&t=63s . [Accessed on 17 November 2019].
Another measure to attract the best talent is the identification of the appropriate recruitment channels based on an organization’s culture and characteristics and selection practices which helps an organization to select the best candidate for a given position. In simple terms, this can be defined as the employment processes which helps a company achieve its talent goals. An EVP cannot be depended upon since it doesn’t result in the hiring of the best talent. Therefore, the recruitment and selection process of a company is desired to ensure an organization hires the best candidates. Thus, if the recruitment and the selection process isn’t well planned and the organization loses both time and money (Hatum, 2010). An organization must recognize the industries and the selection processes used by the competitors. Additionally, instead of attempting to fill the current vacancies, it is mandatory for an organization to search for new talent in order to broaden their scope (Hatum, 2010)...