The following In-House Advisor guidance note provides comprehensive and up to date legal information covering:
Recruiting and selecting the right candidate is only half the battle to achieving a high quality in-house legal team, once they’re on board you need to develop and hang on to them to give yourselves the best advantage in an increasingly competitive and fickle market. This Practice Note covers:
what is talent management
the business case for talent management
what stops it working
talent management model
developing a talent management strategy
Talent management is a term that has grown increasingly popular over recent years. More than just another addition to the management jargon lexicon, if implemented correctly it allows organisations to develop a culture committed to creating, supporting and developing a workforce of top performing individuals—an ideal many organisations aspire to but few actually achieve.
Talent management involves:
identifying what talent is required within the organization, both now and in the future
putting into place frameworks to ensure that all recruitment, development and performance management is carried out in line with these frameworks
clearly defining and communicating what levels of performance are required and expected
establishing how individuals will be developed and rewarded for good performance
being clear about how you will deal with those (at all levels) not making the grade
measuring the success of the programme to reinforce the business case and demonstrate its effectiveness
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