A STUDY ON TALENT MANAGEMENT IN DANLY INDIA PVT LTD

Abstract

Talent management describes the process through which employers of all kinds of firms, government, nonprofits anticipate their human capital needs and set about meeting them. Getting the right people with the right
skills into the right jobs, a common definition of talent management is the basic people management challenge
in organizations. While the focus of talent management tends to be on management and executive positions, the
issues apply to all jobs that are hard to fill. A successful talent management process plans for organizational
transactions. The most effective way to tackle talent management is to use a system approach, ensuring that the
different elements and pieces of the process are working in connect to acquire integrate talent into the system.
Several issues support the need for this system. Employing talent is the processing and administrative steps, but
still important. Timing and convenience are the concerns as new talent joins the organization. To ensure that
performance is discussed, recognized, rewarded, and understood appropriately, many organizations are
focusing renewed efforts on performance management systems. Talent management is fast becoming a critical
strategic objective for growing organizations. This responsibility represents an excellent opportunity to create
value. A talent management system is also important. The importance of hiring competent talent is evident in
any direction. Talent is king now and in the future. It is the last source of competitive advantage.