Talent Management

Talent Management has started to leverage greatly on learning and knowledge management approaches to enhance the performance of talents. Many learning platforms are incorporating online learning or e-learning as delivery channels. This has greatly impacted how knowledge information is managed as well.

Learning Management System or LMS is software for delivering, tracking and managing training. A complete LMS or learning management system tracks both online learning and physical training attended by the learner. More dynamic systems are developed with the learner’s KPIs or Key Performance Indicators incorporated within.

Linking directly to the learner’s KPIs would give the evaluator better gauge of the learner’s ability to apply what was learned, thereby indicating the Learning ROI or Learning Return On Investment. This ties in well with the measurement of expected learning outcomes.

Companies who have the budget would leverage on the the LMS or learning management system to semi-automate the learning process and manage the efficiency of each training program.

Benefits of the LMS is that it tracks the learning progress of the learner, with reminders to complete select programs applicable to the learner’s work requirements and progression path. When used as a talent management tool, the linking of KPIs or key performance indicators to the learning outcomes are most crucial as it forms part of the overall evaluation or appraisal system of work performance.

Closely intertwined within the LMS learning management system is the hosting of online learning or e-learning programs. Online learning or E-learning is most effective for access of static information which the learner previews the background and foundation of the topic in discussion.

As discussed, the LMS is capable of tracking both online learning and physical training programs. Blended with both forms of learning, it greatly enhances the learning curve of the learner.

Despite issues comprising of external factors which could render the measurement of Learning ROI less accurate, there are schools of thoughts supporting this trend. Many companies with the budget do leverage their Talent Management performance evaluation process on online learning and measuring the Learning ROI. Read the rest of this entry »

Talent management functions like the kidney that hires the good personnel and fires
the bad ones.

The two kidneys are the vital organs in the body amongst other functions cleanse the
blood of toxins and keep it chemically balanced. The kidneys are sophisticated
reprocessing machines and process the blood to filter out the wastes and extra water.
Similarly a good talent management system will hire the good personnel, retain them and
remove the bad ones.

Good management is not just about recruiting the right people to do the right jobs. This is
particularly important during challenging times when staff budgets are cut to the bone. A
strong management team must also have the discipline and insight to identify the dead
wood in the company, and to be able to take firm action to remove them. These
executives are those who have being entrenched in the system because of their job
security and seniority are just cruising along and marking time. They do not have active
and productive contributions as well as add value to the company. Most managers
acknowledge that the most difficult task is firing of employees, particularly somebody
that they have worked with closely for several years. Usually, the people that you did not
fire are the ones that make your life miserable. Read the rest of this entry »