International Journal in Management & Social Science
  • Year: 2015
  • Volume: 3
  • Issue: 5

Building High Performance Team & Its Sustenance in organization

  • Author:
  • Molly Chaturvedi
  • Total Page Count: 7
  • Page Number: 26 to 32

Assistant Professor Department of Business Management, St. Joseph's Degree & PG College

Online published on 22 June, 2018.

Abstract

Good talent in today's world is the competitive/comparative differentiator that makes the difference between an institute that is flourishing and one that is sluggish or declining

Organizations need to define, attract, and develop the right mix of critical talent to support and grow their businesses. To ensure a flow of the right talent for these roles over time, the best practice is for organizations to building a vital talent pool. More than 60 percent of the companies surveyed intended to build up their internal talent pipelines, and more than half (51 percent) intended to create more development opportunities for talented employees in the future.

However the other 40 percent are still of the opinion that fresh blood may get newer ideas on board and hence the out of box approach. When answering, many organizations struggle with HR data, detached technologies, and manual processes.

A successful approach takes advantage of robust talent management technology solutions designed to provide business-centric functionality on a unified platform. Those kinds of holistic solutions provide an integrated view of the skills, experience, and aspirations of current employees as well as candidates while supporting talent intelligence for activities such as monitoring talent development and analyzing retention and turnover.

Keywords

Talent Management, Competitive, Comparative, Organizations, Vital Pool