Posts

Showing posts from August, 2019

Talent Management

Image
Talent management is the systematic process of identifying the vacancies, hiring the suitable people, developing the skills to match the position and retaining them to achieve long-term business objectives. the following statements are regarding processes for managing people in organizations. ensure the right person is in the right job at the right time (Jackson,1990). managing the supply, demand, and flow of talent through the human capital engine (Pascal, 2004). Talent Management Process Planning The initial step in the process of Talent Management is Planning. Ø   Identifying the human resource requirement. Ø   Developing the job description and key roles. Ø   Proposing a workforce plan for recruitment. Attracting Deciding whether the source of recruitment should be internal or external and seeking for suitable individuals to fill in the vacant positions through Ø   Job Portals such as topjob.lk, jobfac...

The Importance of Human Resource management

Image
Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources. A company or organization's The HR department is usually responsible for creating, putting into effect and overseeing policies governing workers and the relationship of the organization with its employees. The term human resources were first used in the early 1900s, and then more widely in the 1960s, to describe the people who work for the organization, in aggregate. HRM is really employee management with an emphasis on those employees as assets of the business. In this context, employees are sometimes referred to as human capital. As with other business assets, the goal is to make effective use of employees, reducing risk and maximizing return on investment. The modern HR technology term, human capital management has come into more frequent use than the term, HRM, with the widespre...