A Guide to Building the Ultimate Talent Management System for Your Organization

A Guide to Building the Ultimate Talent Management System for Your Organization

 A talent management system focuses on identifying, selecting, hiring, developing, training and retaining the talent required to deliver your business strategy, company plans and goals. A successful talent management system is usually equal to the size of the organization. So, for instance, a smaller organization has a handful talent processes, and a larger organization has a comprehensive talent management system.

So how do you go about building the most successful talent management system across your organization? Steve Van Remortel, a professional speaker, strategist and author of “Stop Selling Vanilla Ice Cream,” gives some deeper insights on how to answer this question.

  1. Start by using behavioral science for all your talent decisions. By doing so, it allows you to make decisions based on objective information instead of just subjective information.
  2. Implement talent development at all levels of your organization. This means all employees should have at least one annual development action plan to help them improve their performance in their specific position. This will ensure that they are consistently trying to improve work ethics and business performance.
  3. Having a focused leadership development plan(s) for current and future leaders in your company can be extremely helpful as well.
  4. Have a strategic talent plan for each department that rolls up into the companywide talent plan that supports and delivers your company strategy.
  5. Conduct a Team Development Process within each department of your organization to proactively resolve challenges and increase the effectiveness of your team. By doing so, pesky little issues can be avoided and/or sorted out quickly.
  6. Be a “talent hawk.” Always be looking out for the best and top talent. For instance, instead of looking for what you NEED, look for the BEST possible option.
  7. Use a proven selection process to hire the right person from the very beginning to avoid any strung along challenges.
  8. Have one person dedicated and solely responsible for implementing a companywide talent plan to care for and develop the talent within your organization that provides career paths and succession plans for employees. This will ultimately help everyone in the organization.

The benefits of having a talent management system in your organization are endless, but below are just a few:

  • The return on investment (ROI) in your talent (which should be measured for your records).
  • Creating an employer of choice culture that is recognized for investing in your talent.
  • Everyone benefits from greater job satisfaction and higher performance.
  • There are no more surprises or panic. When you build and experience a successful talent management system and a talent challenge occurs, you can make a more informed decision, adjust your plan and confidently move forward.
  • You can experience a peace of mind and have confidence that comes along with building a talent management system for your business.

Looking for more? Download our all new free buyers guide and check out the top Talent Management software vendors, along with snippets of their highest ranking products and solutions, plus the top 10 questions and tips about the implementation and selection process!

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Elizabeth Quirk

Elizabeth Quirk

Liz is an enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She attended Massachusetts College of Liberal Arts, where she attained a Bachelor of Arts Degree in Journalism. You can reach her at equirk@solutionsreview.com
Elizabeth Quirk

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About Elizabeth Quirk

Liz is an enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She attended Massachusetts College of Liberal Arts, where she attained a Bachelor of Arts Degree in Journalism. You can reach her at equirk@solutionsreview.com

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