Four essential factors need to be considered for any Talent Management Strategies to be successfull. First, they need to be Driven by business strategies. Second, they have to be Integrated with other processes. Third, they must be Managed as a core business practice. Finally, they have to become Engrained as a Talent Mindset in all parts of the organization (DIME) .
Although the term Talent Management is becoming more widely used, it does not have a single, clear definition. Silzer & Dowell (2010) define talent Management as an integrated set of processes, programs, and cultural norms in an organization designed and implemented to attract, develop, deploy and retain talent to achieve strategic objectives and meet future business needs.
According to Avedon & Scholes (2010), six generic components are common to any Integrated Talent Management Model. Starting with Strategy, the core talent management processes are Identification, Assessment, Development and Retention, all supported by a culture of Talent Stewardship. These components all need to be in place to add the highest impact to the business.
Why do organizations succeed or fail? Ultimately it comes down to Talent. Did the organization have the talent to make the right decisions, to compete, and direct the organization to achieve the business strategies? Leading organizations understand the impact that strong talent can have on financial outcomes.
International Leadership Consulting (ILC) is a Caribbean consulting firm dedicated at educating, guiding, advising and developing leaders, from small businesses to large corporations including the public sector and non-profit organizations, to embrace and recognize the impact of their people on the success of their organization and to manage strategically their talent, teams and organization.
Talent is recognized as a core competitive asset in business and the impact that strong talent has on financial outcomes is becoming well known. This new focus on talent management seems to be the significant shift happening in today’s organizations and in the way of managing the human resources. Our expertise in talent management is in talent strategy, attraction, acquisition, development and engagement and retention.
We design customized team management solutions that are align with the corporate culture and business needs and aim at evaluating teams, aligning team members and cross functional teams and developing and creating high performing teams all in the spirit of keeping them engage and retaining them. These team solutions include a combination of team assessment, individual and team feedback sessions, team coaching, practical and experientially-based exercises and action-learning assignements and different type of training.
Our team of consultants can support your senior management with several organizational challenges. More precisely, our expertise lies in organizational evaluation, alignment and development. We can design and conduct a wide range of objective and comprehensive evaluation such as effectiveness assessment, needs evaluation, engagement and retention risk assessment, key management reviews, alignement of the organizational performance system and several organizational development strategies.
ILC is really proud of their recent partnership with ESPer Management Consulting Inc, an international consulting firm providing exclusive services to the Public Sector. We know that having a sound understanding of how the public sector works and having the hands-on experience of this unique work environment are essential to the delivery of efficient and effective consulting services and support.