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   Management of Human Capital

Strategic Human Capital Mangement

Talent Management Strategies

The relationship between companies and employees has changed dramatically over the past few decades. With a shift from guaranteed employment in return for submission to the company. The dynamic today is more like a partnership between the worker and the employer. This provides companies with more flexibility in terms of hiring practices, but also encourages a decreased worker commitment.

Career Resilience
While the company is no longer accountable for providing a secure job to the employee, the employee in turn has to take charge of his or her career. This is known as career resilience, and it is a dawning dilemma for many in the workforce. But if a company can effectively be a guiding light for those who see an uncertain future for the next thirty or forty years, then that company is already a giant step ahead in the game of retaining quality talent.

In order to build and maintain an effective career resilience program, a company must have a clear vision of what the most desirable career path its top performers might like to take. Superior talent management will then capitalize on these desires by developing employee promotion and reward programs that bring the hold the worker’s hand, bringing him or her to where he or she wants to be in life. For some, the path of success leads them to being able to travel or interact with certain demographics. Most employees, however, are satisfied with pay increases, benefits and, most of all, the sense of worth that their ambitiousness seeks.

Overall, it is important that talent management programs succeed. It means nothing that a talent management program is designed well if it is not followed up by a dedicated team and committed leadership that is on the site daily, ensuring that the employee's improvement and satisfaction is accounted for and constantly increasing.


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