Vijay Bankar

  Listen to the article.  According to Gartner research , the most significant emerging HR technologies for 2023 are skills management (51%), learning experience platforms (41%), and internal talent marketplaces (32%). Skills-based HR initiatives seem to be the bellwether, and cognoscenti suggest that the talent marketplace fits the bill to jump on the bandwagon. As per Gloat's report , essentially, it's a gateway to skills-based strategies to thread the needle between skills and opportunities. A Gartner report prognosticates that by 2025, 30% of large companies will implement a talent marketplace for optimizing talent.  Implementing a talent marketplace offers a convenient option for companies of consequential size working from numerous locations to proffer internal opportunities (gigs, projects, assignments, etc.) to their employees. Concurrently it also facilitates employees to reskill and upskill themselves to stay ahead of the curve with felicitous mentorin...

These days the market is inundated with a plethora of HR Tech options with solutions championed by AI. Almost every vendor flaunts their offerings, expatiating the salient AI features of their product. And how it would successfully address our concerns relating to people management. And the fortuitous arrival of Generative AI seems to be the 'next-gen' nascent technology within the HR Tech landscape. It will offer use cases limited only by the fecundity of our imagination. The often cited main benefits of AI tools, as Sir Humphrey Appleby would say, "thereby releasing their overlords for the more onerous duties and profound deliberations that are the inevitable concomitant of their exalted position." 😃😃 Given the rapid innovations in product capabilities, purveyors do not fit into one category. It leads to misapprehension about the categorization due to overlap. The absence of clear demarcation makes it inscrutable and incomprehensible for lay people to understand t...

As we, all know there were two different schools of thought in Talent Management. Exclusive & Inclusive, where the earlier focused on selected few employees as Hi-Potentials and the later considered all employees instead of selecting few. As stated by Turner & Kalman, “Talent management is now talent management for all.” Then there is yet another approach called as hybrid model suggested by Pilbeam & Corbridge, which considers combinations of the above two approaches.    Primarily there were two significant contributors to the process of Talent Management namely ‘Talent Identification’ (Assessments) & ‘Talent Development’. In fact, Church & Waclawski consider the assessment of employees as "holy grail" of talent management, more so when it is done with a high degree of precision. However, developing talent is the main issue for most of the HR Professionals.  Surveys carried out by HBR, PWC, Deloitte, & Gartner usually come up with a...

100 quotes - Talent Management Talent Management has gained importance over the years and as long as we need smooth and uninterrupted flow of business; it is going to be an indispensable part of any HR strategy. Following definition clearly outlines what is Talent Management: “Talent management is an integrated set of processes, programs, and cultural norms in an organization designed and implemented to attract, develop, deploy, and retain talent to achieve strategic objectives and meet future business needs.” -  Silzer and Dowell Following presentation, include a collection of 100 quotes on Talent Management. Slideshare Presentation: 100 quotes on Talent Management from Vijay Bankar Youtube Video :  Appreciate to receive your valuable insights in the comments. You may also consider sharing related Quotes known to you in the comments. Thanks & Regards,

A report on “ Global Human Capital Trends 2014 ” (pdf) prepared by  Deloitte , which surveyed 2,532 business and HR leaders in 94 countries concludes that the most important and urgent concern for HR professionals today is developing “leadership” pipeline to achieve strategic objectives. In fact, it has appeared as ‘ highly urgent’  at number one in the list of concerns followed by ‘Retention and engagement’, and ‘Reskilling HR’. The report states that “Building global leadership is by far the most urgent: Fully 38 percent of all respondents rated it “urgent,” almost 50 percent more than the percentage rating the next issue “urgent.” Companies see the need for leadership at all levels, in all geographies, and across all functional areas. This continuous need for new and better leaders has accelerated.” Now, as an HR professional we have two choices available, first, recruiting from other organizations and second, proactively develop leadership pipel...