Talent Management: A Strategic Approach towards Growth in IT Industry

Abstract

In today's fast moving business world companies are looking to add new capabilities to their core businesses. To achieve their mission, organizations need to consider the human capital practices, and take a proactive approach to talent management.. Talent management has become one of the most important buzzword in Corporate HR. A high performance workplace exists when everyone in the organization shares the same vision and values each other's contributions. Organizations success depends upon the commitment and performance of employees. Every organization has talent in form of human capital which must be developed. . Development of talent enables both job enrichment and job enlargement. Talent management in IT sector is challangeing.It includes attracting, hiring, assessing, developing, rewarding and retaining talent, on the whole. Various companies adopt different approaches towards managing talent like career mapping etc. The paper studies different approaches of companies, and suggests few methods which companies can adopt for managing talent. Paper also incorporates a model questionnaire which could be adopted for managing talent.