Another key factor to remember during the recession (or at any time really) is to prevent costly turnover whenever possible. In order to do so, roles/positions will need to be redefined through effective performance management initiatives. A balanced approach in improving the produc-tivity level and adding perceived value to the employee’s role will counter the negative impact of the economic downturn, and maintain positive morale of existing employees.
Why Should the Employees Care?
The use of Talent Management software should be thought of as a way to mold/shape current jobs into the successful careers employees hope to obtain. You want to emphasize that this is not something to be used once or twice a year, but that it should be integrated into their everyday activities. If you’re looking at new employees joining the organization, the recruitment efforts will be their first experience with the Talent Management piece. This is where the employee gets to see the requirements of the position, not only as it relates to experience and expertise, but also the type of person required to be successful in that role.
Remember that one of the goals Talent Management seeks is to satisfy both sides of the equation when filling a position.
The employee benefits from the learning and development of that position and the organization benefits from having a person engaged in the interest of the company by performing a job that he/she is best suited for.
Communication is another enhancement of implementing a Talent Management tool.
Unfortunately, managers don’t often take the time (or have the time) to sit down and truly have that one-on-one with their employees to let them know what they’re doing well, what they may need to improve upon, and just the overall happenings of the organization. The manager now has the ability to see what the employee is doing, what he or she has worked on toward their goals and can make comments.
Opening up the lines of communication between manager and employee is essential in managing a successful business.
