The future of Talent Management
Talent management is experiencing some rapid changes, and this is expected to occur in the next decade. If you ask the CEO of any company or the HR department on their priorities in the coming decade, talent management will always be mentioned (Frank & Taylor, 2004). In the current era, no company will argue that talent management isn’t crucial. Talent management is underway experiencing impeccable trends. These trends are estimated to continue throughout the next decade.
In the next decade, HR managers will include information such as co-designing and the support for organizational processes to their search portfolios. Moreover, new technology is likely to be designed such that it provides a user-interface in the HR department for functionality purposes. The new technology will enhance the manager’s skills and capabilities by assisting employees and the company as a whole (Garrow, & Hirsh, 2008). As a result, managers will focus on other important matters.
Current trends indicate that most HR departments have outsourced core processes such as payrolls and other administrative work. This suggests that in the next decade, HR will have outsourced several tasks and will only remain with its core purpose of efficient management of employees. HR will not only hire the best and competent team, but will also have the time to ensure that all the members have developed and trained adequately (Al Ariss, Cascio, & Paauwe, 2014).
Due to the invention of online platforms, most employees’ work will be documented in the next decade. This will create a competitive market for talent. As a result, HR departments will opt for top performers based on their field of expertise. Conversely, employees will opt for companies with the best opportunities (Frank, & Taylor, 2004)
References
Al Ariss, A., Cascio, W. F., & Paauwe, J. (2014). Talent management: Current theories and future research directions. Journal of World Business, 49(2), 173-179.
Frank, F. D., & Taylor, C. R. (2004). Talent management: Trends that will shape the future. Human Resource Planning, 27(1).
Garrow, V., & Hirsh, W. (2008). Talent management: Issues of focus and fit. Public Personnel Management, 37(4), 389-402.