Many organizations realize that developing and managing talented employees is integral to the success of their business. But how do you know whether your company is ready for talent management? And if so, how do you go about actually managing your talent? In this article, TEC human capital management (HCM) analyst Sherry Fox answers these questions and outlines an approach to an effective talent management initiative.
skill management sap hr
competencies and performance (using skill gap analysis, and assessment and evaluation tools such as performance appraisals), and analyzes and reports on trends Compensation Management —provides compensation planning, payment calculations, rewards, Succession Planning/Management —identifies and develops internal personnel that have the potential to fill key or critical positions within the organization Learning Management —enables training, courses, content development, and mobile learning Career &