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VOL. 10, ISSUE 5 (2024)
Creating and sustaining a dynamic talent pool: Strategies for achieving organizational excellence
Authors
Divya Purbia
Abstract
In today's competitive landscape, the success of organizations hinges
on their ability to leverage critical talent effectively. This study delves
into the essential process of building and sustaining a vital talent pool
within organizations. A vital talent pool comprises individuals who are crucial
for driving business objectives and maintaining competitive advantage. The
research outlines the methodology for identifying critical roles, assessing
talent needs, and implementing strategies to address talent gaps. The study
emphasizes the significance of defining internal and external talent pools, evaluating
and developing candidates, and refining sourcing strategies to ensure the
availability of top talent for key positions. It highlights the importance of
robust talent management technology, which integrates data on skills,
competencies, and development progress, to support these practices. Key
challenges include the need for accurate talent intelligence, managing global
talent mobility, and adapting to evolving business demands. The study also
explores the implications of these practices on organizational performance and
suggests that a strategic approach to talent management can enhance
recruitment, development, and retention of critical roles. By leveraging
data-driven insights and a unified talent management platform, organizations
can improve their ability to fill critical positions and support long-term
success.
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Pages:18-20
How to cite this article:
Divya Purbia "Creating and sustaining a dynamic talent pool: Strategies for achieving organizational excellence". International Journal of Commerce and Management Research, Vol 10, Issue 5, 2024, Pages 18-20
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