Talent Planning in Organizations Business & Marketing Term Paper (Term Paper Sample)

Talent Planning in Organizations
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Talent Planning in Organizations
Talent planning is a part of Human Resources process that makes certain that firms are able to identify and attract core individuals with the skills. The skills need to craft an inexpensive advantage and that energetically takes care of an applicable balance of assets to meet changing needs, gratifying short and long term motivations of the firm’s approach (Mankins & Garton, 2017). Fundamentally, the paper attempts to illustrate on factors associated with talent, firms and benefits in general.
Factors that affect an organization’s Approach to attracting Talent are:
1 Training and development opportunities
Training brings forth a prime opportunity when it comes to matters associated with expanding the knowledge-base of an employee’s talent (DeTuncq & Schmidt, 2013). Therefore, the incorporation of training and development offers both the individual and organizations as a whole benefits that make the cost and time a worthwhile investment.
2 Recruitment of the firm