It has to be talent management. Because in the longer run an organisation will be known by the talent that it retains. More the experience in the talent pool, better will be the ability to ride a downfall in business. Not to forget the time & resources that would be wasted in recruiting, training and establishing such a base. A talent pool will not only help in taking the company places but will also serve as the right mentoring atmosphere for future talent to be nurtured. Imagine a new talent pool everytime - and in moments of crisis when fast and right decisions have to be taken, they would only be wasting time in learning what the predecessor has done rather than take corrective action.
By
Jaygopal Raghavan, Marketing Manager, Landmark Group
| 12 12 2010 13:16:56 +0000
The Talent management otherwise called as Human Capital Management is strategic tool to source, attract, select, train, develop, retain, promote, and move employees through the organization, as it is increasingly more competitive between firms and of strategic importance, has come to be known as "the war for talent."
By
Srinivas suravajhala, Asst. Manager.
| 12 01 2010 07:38:31 +0000
Thanks for invite Mr Arikrishnan, Tend to disagree on the point that organisational profits do not accrue in isolation and talent management is an essential activity to profits. Therefore it is not correct to put them in "either or" as they are essential to coexist. Hope you agree.
By
Ravindra Sharma, Managing Consultant, CHEF-India
| 12 01 2010 05:34:51 +0000
We are living in the 20th century .....where people use to work for themselves not for the organisation..........thy are not interested in organisational goals but thy are interested in attaining there goal which thy had decided..............and now a days people are money minded than loyal to there companies...........i think im one of them also
By
anamika ahlawat, HR Executive, MYFLEXIJOB.COM
| 11 30 2010 07:31:21 +0000
the biggest resource any organisation has is its people. these cogs are the ones that drive the company. nurture the people, profit automatically comes. there have been cases (long ago perhaps), where looking at the state of the company's finances, the workforces have taken a voluntary wage cut.
By
V. Srinivas, Freelancer, Information Technology
| 11 27 2010 03:41:03 +0000
How are you going to get money/profit without talent or people. Even to print notes you need talent. It is like the egg and chicken story. But yet least here you can definetly sat talent first. Eeven if you are thinking of making a fastbuck and then vanishing the sean you need talent.
By
K LAXMINARAYANA RAO, Freelancer
| 11 27 2010 00:16:17 +0000
We are living in the world where : politics have take place everywhere. people are doing everything to gain advantages. Corporate world only thinks about profit. So on the above facts organizational profits are more important for the peoples doing business. if They will have a choice between organizational profit and Talented Peoples They will surely choose organizational profit.
By
Nitin Mehra, Software Developer, ROBOMAN MICROSYSTEMS
| 11 26 2010 20:04:42 +0000
Talent Management is more important then Organizational Profits... Because without talent management how you gain profit and with talent management Organisation will make profit for today and tomorrow........
By
MD ASIF ALAM, Sap PP Functional Consultant, IT
| 11 26 2010 18:38:26 +0000
If an organisation have a pool of talanted people they know they will play a long inning in terms of profit. talanted employees always earns profit for their organisation because they know they have some extra qualties from the other orgainsation which have a shortfall of talanted people. Talanted people find the way of succes in any worst situations. so organisation should maintain talant management as a valuable resource of an organisation.
By
Tanima , First Medical Services Pvt. Ltd.
| 11 18 2010 11:45:41 +0000
Talent management is a one step which is followed by Organization for gaining profit so we can say that it is one of the component for achieving the organizational goal in a ethical way.
By
amit rathore, PG Diploma student, Core Business School
| 11 17 2010 18:17:21 +0000
A talent management system must be worked into the business strategy and implemented in daily processes throughout the company as a whole. It cannot be left solely to the human resources department to attract and retain employees, but rather must be practiced at all levels of the organization. support the talent employees and encourage that its self lead to organizational profit.......
By
priya , recuriting and counselling, professional training consultancy
| 11 17 2010 08:18:02 +0000
Obviously talent management. When you look at a subject, you should know which is the cause and which the consequence. Talent management done well is the root cause of organizational profits (amongst a host of other factors of course!).
By
RAMESH KANDADAI, Principal Consultant, ARM Consultants
| 11 17 2010 05:16:34 +0000
Here, I would like to pin point, if the mgmt. gives target to down size the strength, the HR professionals are targeting new commers irrespect to their talent and capabilities, untill unless he is under support of any top mgmt. This has happened in one of the most powerful financial giant of Mumbai.
By
Vinay Modi, ICWA student, ICWAI
| 11 17 2010 02:23:26 +0000
According to me money/power should never be the top priority neither for any individual nor for any organization.Its a byproduct of good work.And I believe that if good work is done money/power automatically follows it.this is the basic of life. if just profit making will be the primary target it will drive organization towards achieving profit whether by hook or crook which implys that it may use unethical ways to achieve its target,that will tarnish the image of organization and no one wants to get associate with unethical company, leading to fall of organization due to lack of good talent therefore talent management is important that will ultimately lead any organization towards profit.
By
Piyush Asthana, Sr. Business Analyst. , TCS
| 11 16 2010 15:30:03 +0000
Without Employees and their talent Organization cannot exist. That being the case how can they make profits on sustainable basis during the life of the organization? It is rediculas to think that I will make a huge profit at the cost of talent and run the organization. If the people at the helm just want to make a fast buck and run away then yes profit is imortant then the organization dies there. If you manage your talent well then organization grows on its own and makes profits automatically
By
K LAXMINARAYANA RAO, Freelancer
| 11 16 2010 14:11:08 +0000
Every Organization is based out to make profits. Organizational profits are driven by the employees of the organization. So Talented Employees in organizations drives in a strong profits to organization. So employers should give importance towards talent management which indirectly leads to organizational profits.
By
Syed Kamran, Lead Analyst - Staffing, PeopleLogic Solutions
| 11 16 2010 12:52:58 +0000
|
Talent Management and Organizational Profits are both inextricably linked with each other and hence, both are important. One cannot exist without the other fully, as if profits are generated, it is only through talented individuals working in specific positions that the profit is generated. Further, if Talent Management is done appropriately, then profits are bound to be generated, although not guaranteed.... Thanks for the referral, Natteraja.....
By
Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.
| 12 01 2010 11:17:25 +0000
We are living in the world where : politics have take place everywhere. people are doing everything to gain advantages. Corporate world only thinks about profit. So on the above facts organizational profits are more important for the peoples doing business. if They will have a choice between organizational profit and Talented Peoples They will surely choose organizational profit.
By
Nitin Mehra, Software Developer, ROBOMAN MICROSYSTEMS
| 11 30 2010 06:02:29 +0000
talents in organisations will be questioned if less profits are generated even by talented employees.So importance & priority goes to organisational profits in broder prespective
By
poonam , Faculty,counselor, everonn
| 11 18 2010 06:44:59 +0000
Organizational profits should be the first and foremost priority. A profitable organization not only attracts talented people while retaining talented employees. An organization which does not make profits cannot attract talent but also loses talented employees. If an organization makes profits only then it can think of providing good pay packets, amenities, staff welfare measures, meet the training needs, perks etc. An organization which does not make profits cannot have the wherewithall for all these things. If an organization does not make profits then the organization itself may go into liquidation.
By
kanukurthy sudershanrao, Operations Manager, Andhra Bank
| 11 17 2010 15:36:29 +0000
@ Srikanth, Amruta "Organization's profit will achieved after getting right talent." U r Abslutely right but also useless in one sense. right because we need talented people to get proft. useless because if more n more stress is given to talent management then we cant cope with the time limits an organisation is kept by its clients to complete a project and also in this competitive world u could guess what we can expect from a well educated person, profits or else failure of the organisation. @ Srikanth, Amruta "Organization's profit will achieved after getting right talent." U r Abslutely right but also useless in one sense. right because we need talented people to get proft. useless because if more n more stress is given to talent management then we cant cope with the time limits an organisation is kept by its clients to complete a project and also in this competitive world u could guess what we can expect from a well educated person, profits or else failure of the organisation. so organisations working for talent management will have to stay in that platform for years and by the time they catch up to the required professional, there is huge chance of platform and project changes.
By
Sri Krishna, B.Tech/B.E. student, Birla Institute Of Technology Science (BITS), Pilani
| 11 17 2010 09:03:38 +0000
Obviously, Organizational profits are the strategic point in every organization to attain one of the vision. Based on the vision of the corporate structure, it intends to exploit the talents to increase the bottom-line.No matter whatever the size be -small, or large - , all organization come into existence to enrich its resources. In the bargain, it plays a role to enhance the talents available. Depending on the type of organization & the vision it has , Organizations tries to achieve the goal. There are organisation , its prime vision is to grow talents & there are organization that use these talents to en cash the return for the capital invested.So, it is the vision set-in decides the role.
By
KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed
| 11 17 2010 01:29:56 +0000
Organizations take birth for making profits with out any confusion. Persons are hired to achieve this goal. Target is PROFIT. If pooling/managing TALENT is useful for the growth of the company, that too will be synchronised intelligently.
By
Dr.G.S.Rama Rao, Freelancer
| 11 16 2010 23:42:56 +0000
Ultimately the goal or what should i say the goal to Organizational profits will lead to Talent Management. so if we are talking of a Big Picture, we must always go for a long term goals like this one and a short term goal of Talent Management. Yeah Talent Management is very important and yeah it is a part and parcel of Organisational Profit. Also ppl will say that Talent Management is Humane, Nice, and above all 'slow'(Slowness is a good attribute for doing things right) But still in this competitive world where time is everything and people need to understand that concept as well. Yeah u ppl may critisize me for this but sill time limit and profits were always there to 'speed up', 'Motivate' people for better results. don't u guys agree on this? so i vote for Organisation Profit.
By
Sri Krishna, B.Tech/B.E. student, Birla Institute Of Technology Science (BITS), Pilani
| 11 16 2010 14:22:01 +0000
|
