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Organizational Talent Pools: 4 Steps to Developing Employees

HR Bartender

(Editor’s Note: Today’s article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. With unemployment rates hitting record lows, there’s lots of talk about developing internal talent.

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Top 10 Succession Planning Tools and Software

Digital HR Tech

A rapidly aging workforce and a growing need to upskill people make succession planning – and therefore the use of succession planning tools – increasingly important. As a result of these changes, succession planning – and the tools that go with it – become more and more important for companies.

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Talent Pool Shortage: Stop the Panic and Start the Progress

Spark Hire

Staffing pros everywhere are feeling the increasing pressures of talent pool shortages. In fact, according to ManpowerGroup’s 2016/2017 Talent Shortage Survey 40 percent of employers globally are having trouble filling positions — the highest shortage since 2007. A quality talent pool is important to every business.

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What Is Headcount Planning?

Intoo USA

At its core, it enables organizations to optimize their most valuable asset—talent. Connecting talent acquisition to broader financial planning ensures hiring activities match fiscal realities across the business. Why Is Headcount Planning Important in Business? Headcount planning is a vital business process for several key reasons.

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Talent Acquisition

Analytics in HR

What is talent acquisition? The core of talent acquisition is to attract employees to an organization and hire the ones that fit with the organization and role. The talent acquisition strategy should align with the people strategy (or HR strategy). Over time, the talent acquisition function has developed.

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Is Workforce Redeployment an Alternative to Layoffs?

Intoo USA

But those layoffs and the simultaneous need to find talent could be prevented with proper planning and investment in processes and tools that enable workforce redeployment. Employees whose talents are nurtured and developed are more likely to stay loyal to an organization. Can redeployment prevent layoffs?

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Talent Management vs. Performance Management: What’s the Difference?

Extensis

Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. Talent management is the strategic process of attracting, developing, retaining, and maximizing the potential of an organization’s employees.