Question

You, as a HR Generalist, have been asked by your HR Director for your recommendations in terms of what tools your organization could use to better manage the talents of your employees. This will help to develop policies and procedures in managing your human capital. Please develop a PowerPoint presentation to your Director addressing the following:

• Describe and analyze the broad range of talent management efforts that use software applications to help you Director to make an educated decision.
• Give some examples of firms that have successfully used these applications.
• Describe how these efforts are useful in terms of strategic human capital management.

Answer 1

There are several talent management solutions for building the world class workforce. Talent management programs are used as the trump card when it comes to successful acquisition development, development and retention of the work force. Some of the popularly used software solutions which offers complete suite of talent management solutions along with the best practices resources are as follows:

1. Halogen Talent Space

2. iCIMS Talent Platform

3. Big Biller

4. Success Factors, etc.

These software’s are important and enables the organization to take the perfect decisions related to human resource in the field of performance management, 360 degree reviews, preparing job descriptions, succession planning for retaining the work force, compensation and learning management. There are several other talent management efforts which are useful in terms of strategic human resource management, such as:

1. Quick access to the important insight of the work force.

2. Easily address industry specific requirements.

3. Drive higher employee performance at every touch point

4. Helps in advancement of talent management programs.

Thus, using these talent management software applications, the organization achieves improved efficiency, company growth, better integration, and other several benefits which helps in sustaining the competitive position in the global market.

There are several companies which use this talent management software such as McDonalds, Car Quest, Scotia bank, Fitness first, Cadbury, HCSC, Motorola, Accent Care, etc.