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Business Chief USA October 2020

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TALENT STRATEGIES<br />

Talent Management | LinkedIn Learning<br />

- What is a talent management strategy?<br />

CLICK TO WATCH | 3:53<br />

42<br />

OTHER KEY BENEFITS INCLUDE:<br />

• Meaningful work and growth<br />

opportunities<br />

• A high-performance workplace<br />

• Driving a continuous learning culture<br />

• Adding further value to the employee<br />

value proposition<br />

• Driving diversity and inclusion<br />

• Increased productivity<br />

• Access to human capital data to<br />

drive better business decisions<br />

In order to develop an effective<br />

strategy, CIPD breaks the strategy<br />

down into six key elements: attracting,<br />

identifying, developing, engaging,<br />

retaining and deploying.<br />

When it comes to attracting talent, it<br />

is important that organisations develop<br />

an attractive brand and employee value<br />

proposition, in order to gain the interest<br />

of potential applicants. How an organisation<br />

is viewed by the industry and the<br />

public can dictate its ability to attract<br />

talent. In order to identify the right talent,<br />

it is important for organisations to<br />

identify the business critical roles with<br />

succession plans, to ensure that a<br />

OCTOBER <strong>2020</strong>

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