WHAT WE DO
Talent Management
Talent Management is about how to attract, develop, retain and layoff the right employees in a systematic and structured way. Talent Management is connected to the business and does not live its ”own life”. Talent Management is not a separate concept, project or process, but is connected in a logical way and creates concrete and measurable results for the company.
A Talent Management strategy can simply be described as the ”other side” of the company’s business strategy. Every company has some form of business strategy or business plan that describes what they want to accomplish. If the business strategy describes what the company is to achieve, the Talent Management strategy describes how it is to be achieved.
The start-up should provide answers to questions such as: Who are the employees who will implement the strategy? Where should they be recruited, internally or externally? What skills should they have today and tomorrow? What requirements should we place on employees? And how should they be rewarded? The Talent Management strategy must therefore be directly linked and integrated into the company’s business strategies to yield results.
We at SourcingPeople identify three different approaches to Talent Management (TM) – one humanistic, one competitive and one entrepreneurial. The different approaches greatly affect how the TM work is structured and practiced within different organizations.
Humanistic approach
The humanistic approach at TM is based on a view where it is assumed that everyone has some form of talent, everyone has potential, which is important for the organization and that TM should therefore include the entire staff.
Competitive approach
With the competitive approach, talent is seen as something exclusive that only a few are gifted with – a gift that sets them apart from other co-workers.
Entrepreneurial approach
Organizations with an entrepreneurial approach have similar characteristics to those with a competitive approach. They perceive talent as an ability that you can influence yourself. Ambition is therefore valued as highly as achievement and it is largely up to the individual himself to seek paths to development.
SourcingPeople sees the development of employees from a humanistic approach.
Examples of services in talent development:
– Talent development programs for individuals or groups
– Industry networks targeting certain groups of professions
– Mentoring program
"When recruiting, it is not enough to hire people with the right qualifications. You must also give them the conditions to develop in the right way."