Open AccessTalent Management an Emerging Trend for Employee Effectiveness in Corporate Hospitals
Author(s) -
S. Malathi,
M. Ayisha Millath
Publication year - 2020
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.d1026.1284s519
Subject(s) - workforce , talent management , business , competitive advantage , position (finance) , marketing , organizational culture , human resource management , public relations , knowledge management , economic growth , economics , finance , political science , computer science
Talent management is considered an important factor for attaining competitive advantage and development of the firm in the current era. It deals with filling a vacant position with a talented workforce than a skilled workforce for the long-run objective of the firm. The present study was carried with an objective to identify the effectiveness of talent management practices and strategies in corporate hospitals. The study was conducted with 290 respondents in corporate hospitals in the Madurai district using a structured questionnaire. The result indicates the intention of talent management practices and strategies was; to build a deeper reservoir of successors at every level, creating a culture that makes employees stay with the firm and to identify gaps in the current workforce and their competency level. But, the talent management practices and strategies are effective in; Aligning workforce with the mission and vision of the organization, creating suitable policies that encourage individual career growth and development opportunities and Identifying and locating the qualified professionals needed.