Talent Management: Develop & Retain Your Workforce

An organization's workforce is a significant investment, making it important to develop existing talent while attracting and retaining skilled employees. Effective talent management can contribute to stronger performance, higher productivity, and a more capable workforce. Talent Management provides participants with a structured understanding of how organizations can identify, develop, engage, and retain talent. The course begins by defining talent management, exploring different types of talent, and distinguishing between skills and knowledge. Participants will examine the importance, benefits, challenges, and key elements involved in developing a winning talent management strategy. Performance management is then explored through its definition, benefits, and approaches for keeping employees motivated. The course covers talent reviews, including 360-degree feedback, talent calibration, maintaining an effective workforce, and looking toward future needs. Succession and career planning addresses developing, executing, and overcoming roadblocks in a succession plan. Participants will also explore employee engagement, competency assessments, coaching, training and development, goal setting, developing options, and providing feedback. The course concludes with practical talent management tips and employee retention, including goals, motivation, and expectancy theory.