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10. TALENT MANAGEMENT

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  Figure 1 : Talent Management  WHAT IS TALENT MANAGEMENT? Talent management encompasses all HR processes to attract, develop, motivate, and retain high-performing employees it is an essential element of organizational success, incorporating a strategic approach to attracting and developing the right talent to meet the company’s objectives. By provide ongoing learning and development opportunities and reward valued team members and encourage them to advance within the organization.   Figure 2 : what's Talent Management WHY TALENT MANAGEMENT IS IMPORTANT? Businesses that take the time to develop their employees and keep them engaged tend to be innovative and profitable. Below reasons makes talent management important to every organization. Attracting top talent Driving organizational performance Better succession management Stronger organizational culture Promoting innovation Developing employee skills Improving employee retention Enhancing swiftness Avoiding unn...
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09. SUCCESSION PLANNING

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  Figure 1 : Succession planning  WHAT IS SUCCESSION PLANNING Succession planning is the process of identifying the critical positions within the organization and developing action plans for individuals to assume those positions. Taking a holistic view of current and future goals, this type of preparation ensures that you have the right people in the right jobs today and in the years to come. It’s about identifying top performers and potential leaders and mentoring and developing them so they can advance in the organization and move into top-level roles. A succession plan identifies future staffing needs and the people with the skills and potential to perform in these future roles.   Figure 2 : Benefits of Succession planning   THE BENEFITS OF SUCCESSION PLANNING Filling the talent pipeline with trained people can benefit a business in many ways;     Decrease hiring expenses       Reduce  time to hire and recruitment ...
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08. CREATING WORKPLACE DIVERSITY

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  Figure 1 : workplace diversity  INTRODUCTION  Workplace diversity results when companies make it a point to hire people who have different characteristics, such as ethnicity, religion, cultural backgrounds, sexual orientation, and gender. The goal is to create a culture where individual differences are respected and all employees are treated equally and receive the same opportunities for growth and advancement. The benefits of inclusion are well known. These include increased collaboration, higher employee engagement, reduced turnover, improved profits, and stronger brand identity. While diversity and inclusivity are among the most commonly-cited corporate values nowadays, they are also two of the most complicated goals to plan for and achieve. However, the rewards of having a diverse workforce are tremendous. These rewards can include a variety of perspectives, more creativity, and a better company reputation. A more inclusive environment where everyone is h...
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07. PERFORMANCE MANAGEMENT

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  Figure 1 : Performance Management  WHAT IS PERFORMANCE MANAGEMENT? Performance management is a tool that helps managers to monitor and evaluate employees work. The goal of performance management is to create an environment where people can perform to the best of their abilities and in alignment with the organization's overall goals. Performance management is systematic process to improve organizational performance by developing the performance of individuals and teams working with an organization. It is a means of getting better results from the organization, teams and individuals by understanding and managing their performance within a framework of planned goals, standards and competence requirements.  Performance management is a tool that helps managers to monitor and evaluate employees work. The goal of performance management is to create an environment where people can perform to the best of their abilities and in alignment with the organization's overall goals....
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06. EMPLOYEE RELATIONS

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  WHAT IS AN EMPLOYEE RELATION? Employee relations are the effort of an organization to maintain positive relationships with employees. The goals of good employee relations include inspiring employee loyalty, increasing engagement, reducing turnover, and creating a positive company culture. It emphasizes a mixture of individual, team-level and collective, company-wide policies and practices to address employee problems and improve overall morale. The Employment relationship has undergone an evolutionary process in response to the evolution of HRM as a strategic activity within the organization. COMMON EMPLOYEE RELATIONS ISSUES Pay Rise - Probably the most challenging conversation in a workplace revolves around pay rise requests. Working Hours and Wage Issues Interpersonal Conflicts   Leave & Attendance issues - leaves & attendance issues are another delicate issue that can end up in disputes & can negatively impact your business. BENEFITS OF GOOD EMPLOYEE REL...
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