Bowie State Employees Input Importance in Effective Talent Management Paper
Chapter I: Introduction
This study is about the importance of employee participation in talent management of multinationals and small businesses. Talent management focuses on the organization, monitoring and controlling of skills and talent within a business entity for rapid growth and expansion. Although considered expensive, talent management is important in the productivity and profitability of a business. A business that fails to manage talent is bound to fail. Planning and strategizing are essential elements of effective talent management. Employee involvement in talent management is one of the main strategies a business can use to achieve successful talent management. Therefore, the study focuses on establishing the significance of employee participation in ensuring effective talent management.
Research has shown that engaging employees in talent management make an organization successful. Also, many CEOs focus on high productivity and creating an enabling environment to move the organization to higher levels of profitability. What does it take to achieve business success? The key is to focus on the knowledge and skills of the personnel. The productivity of an organization is the total of knowledge, skills, and experience of its employees. Employee engagement in talent management has proved to be beneficial in the following ways: increased performance (Payambarpour & Hooi, 2015) , enhanced acceptance of set goals, resulted in high retention of employees (Deepika & Sampurna, 2018).
Increased performance is closely associated with the engagement of employees in talent supervision.When employees are engaged in planning and strategizing talent management, it results in increased performance. This is because the employees feel part of the process of moving the organization to the next level. But when the employees are left out in talent management, they feel disconnected from the company goals and aspirations, which results in low morale and motivation.
Involvement of employees in talent management leads to acceptance of organizational goals, therefore, motivating them to work towards the success of the organization. The general direction of an organization is given by the highest governing body, for instance, the board of directors. However, those who determine whether or not the organization takes the direction given are the implementers, the employees. Therefore, it is important to engage the employees in every step of goal setting to achieve success.
Lastly, studies have shown that the involvement of employees in talent development leads to high employee retention (Deepika & Sampurna, 2018). As already mentioned talent management is expensive, but it pays when employees work for a long period for an organization. When an organization loses skilled and highly resourceful labor force to the competition, the organization loses a competitive advantage and differential advantage.
Statement of the Problem
Many multinationals use traditional strategies in talent management without taking note of the developmental and perspective changes. One of these strategies is the use of boardroom meeting to decide what and what is not necessary talent management. This results in bridging skill-gap by employing more employees leading to a ballooned wage bill. Moreover, the employees can be pushed into taking careers path that are not in line with the aspirations and passion, resulting in low motivation at the workplace. This is because people like working longer in what they love doing and avoid working on what they do not like. Therefore, the researcher feels that the involvement of employees in talent management is the most effective strategy.
Purpose of the study
A study has shown that for effective talent management employees have to be involved especially in the planning stage (Violetta, Vlad, & Zalk, 2017). According to Violetta and others (2017) employees reciprocate positively when the organization invests in them. The researcher conquers with this and therefore thinks that effective talent management participation of employees is necessary. This is in opposition to traditional talent management where managers seat in a board meeting to project the skill-need of the organization. However, there has been a little study to establish that employee participation leads to effective talent management concretely. Therefore, the research has purposed to carry out a study to determine whether effective talent management is related to the involvement of employees.
Research Questions
The researcher seeks to establish that employee participation is essential in effective talent management. Therefore the researcher seeks to answer the following questions: Is employee involvement significant ineffective talent management? Should the employees participate from the beginning to the end in the process of talent management? Do employee