Articles | Open Access |

MANAGING TALENT AND HUMAN RESOURCE MANAGEMENT PRACTICE

Farida Nishanova , -MA in Human Resource Management and Talent Development -Senior Employer Branding and Communications Specialist, WIUT

Abstract

This article explores the role of Human Resource functions and Talent Management strategy in organisations. It presents detailed analysis for developing talent management strategy and specifically talent acquisition process for the Dream Chocolate Factory.

Dream Chocolate Factory is a small manufacturing company producing 300 tons of luxury chocolates a year. Currently, there are 100 employees in the company. Developing an effective and comprehensive talent acquisition strategy is crucial, since opening a new line will require more talents for the future. Followings will be discussed in this report:

  • Connection between talent management and Human Resource functions
  • Human Resource planning, job analysis and job design
  • Importance of employer branding and Employer Value Proposition (EVP)
  • Key job positions, competencies and job description
  • Talent acquisition strategy. Recruitment and selection

Effective recruiting and attracting top talents, decreasing employee turnover and enhancing staff performance are the main management functions for both small family businesses and big international companies (Taylor, 2002).

According to HR planning outcomes, the company will need to recruit 9 new employees, who will be recruited via the Internet. The recruitment and selection process will contain 6 stages: vacancy announcement, screening, shortlisting, interview, reference check and job offer.

The employer brand will be established, and the Employer Value Proposition (EVP) will be communicated to the stakeholders using different channels to attract top talents.

By developing a strong talent management strategy, the Dream Chocolate Factory will retain positive workplace culture, training and development opportunities, successful recruiting and lower employee retention rate, which will positively impact the business performance of the company.

Keywords

Talent management, HR planning, EVP, recruitment, employee retention.

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MANAGING TALENT AND HUMAN RESOURCE MANAGEMENT PRACTICE. (2024). International Journal of Artificial Intelligence, 4(06), 80-90. https://www.academicpublishers.org/journals/index.php/ijai/article/view/1147