ACCSPRING18_ONLINEVER

MANAGING TALENT
Cloud Payroll,
Leave & Attendance
Management
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Automate leave procedures
Manage attendance
Engage employees with
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the work context. It is considered best practice to
have ongoing coaching conversations with staff
and this is one practice that serves people well in
both large and small organisations. Research has
repeatedly found that giving people the opportunity
to learn and grow increases their satisfaction,
motivation and engagement making them more likely
to stay with the organisation and taking a coaching
approach is a key enabler of a person’s growth. It is
a cost-effective way of developing and engaging staff
that has exponential returns.
THE ROLE OF CULTURE, TRUST AND
THE LEADER
Any talent management initiative takes place within
the wider context of the culture of the organisation.
Culture is about how people think and act on a daily
basis (Connors & Smith, 2011). The now famous
saying “culture eats strategy for breakfast” sums
it up nicely. Effective talent management is more
than a strategy, it goes deeper into the DNA of the
organisation; it is about culture; it is about values …
and it starts at the top of every organisation. It has
to be recognised though that in order to grapple
with the idea and practice of talent management,
leadership has to believe that its people are good,
motivated and that they have potential. In an
organisation led by an autocrat who believes that
people are essentially driven by their managers rather
than themselves, talent management is doomed to
fail. The leader plays a critical role in embedding a
healthy culture based on trust and accountability
that in turn provides the rich foundation from which
effective talent management can really happen in a
meaningful way that delivers tangible results and a
healthy ROI.
CONCLUDING THOUGHTS
Talent management in SMEs is valid and valuable.
Are you leveraging the benefits?
References
• Talent management and dynamic view of talent in
small and medium enterprises. TN Krishnan & Hugh
Scullion, Human Resource Management Review 27
(2017) 431-441.
• Recruiting and developing talented people for SME
growth. J Miller, CIPD Research Report (2014)
• Change the culture, change the game by R Connors &
T Smith, (2011)
• The new rules of talent management: HR Goes Agile,
P Cappelli & A Tavis; Co-Creating the Employee
Experience, L Burrell; One Bank’s Agile Team
Experiment, D Barton, D Carey & R Charan, Harvard
Business Review March-April 2018 issue
theaccountant.org.mt
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