Understanding the insinuable role of building Talent Value chain as a necessitating tool for effective talent building

Dr. Vijit Chaturvedi

Volume : VI, Issue : IV, April - 2017

Understanding the insinuable role of building Talent Value chain as a necessitating tool for effective talent building

Dr. Vijit Chaturvedi

Abstract :

As organizations are trying to overcome challenges associated with globalization, changing workforce demographics and the emergence of new business models, the only source of creating a difference in manpower utilization and creating difference is by distinct workforce analytics and in this the value of investing in talent management and thus creating value for sustainable development of organization and creating a base for succession planning by consistently exploring potential and putting it at right place based on position and authority is a must. Thus there is a need to embed collaboration and deployment capabilities into existing work practices, and rethink on the role of employee development. Thus, this paper attempts to focus on elements of talent value chain, analysing it and the competitiveness that an organization can build. It will help organization to understand the perspective of creating a strong talent chain that will promote talent management.