TALENT

 

UNDERSTANDING TALENT MARKET PLACE

Talent market place is a fundamental practice for assigning the right employee to the right task.

Within an organization, there are diverse employees each of which has specialized skills. These skills if properly harnesses and focused can help the organization to be a resource point for highly usable knowledge base. In so doing obtain the status of significance in the market they are servicing. But instead of analyzing these talents, many organizations have carelessly assign task to employees who do not have the natural inclination for such task. Many organizations have paid dearly for the foolishness by putting a square peg in a round hole. Matching the right employee to the right task is key to business success.

A talent market place is an employee training and development strategy that is set up within an organization with the sole purpose of harnessing and linking individual’s particular skills (project management or extensive knowledge in a particular field) with the task at hand. When you match individual’s skills with the task at hand, the resulting outcome is effective and efficient execution of task. 

Researches have revealed that companies who establish and implement the market place strategy have greatly out performed those who do not. Those who did have benefits where the most productive employee can pick and choose projects and task that are most suitable for them. In this case task and project are not forced upon an employee who may not have the required skill to bring it to perfection. Task and project are chosen by open interest and not by obligation.

Do your best to implement the market place strategy in your organization. It will make have competitive advantage over your competitors.

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