Here are the 5 steps of talent management:
- Plan: Analyze your business goals and plans to see how many people you need to hire.
- Identify: Identify positions, roles, and departments where you want to place new hires. Identify the skills and capabilities they need to do the work effectively.
- Hire: Post a job ad to attract candidates, conduct a selection process, and decide which candidates you want to offer the job to.
- Train: Organize employee onboarding, learning, and development and provide employees with tools and resources to succeed in their roles.
- Retain: To retain talent, make sure you recognize their contributions, reward high performance, and create a positive atmosphere in your team.
