Online Class: Talent Management for Business

Delve into the essence of talent management as an integral business philosophy that optimizes human capital for sustainable success. Through real-world examples, the course equips learners with strategic tools to attract, nurture, and retain talent, aligning with organizational goals.
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  • 10
    Lessons
  • 18
    Exams &
    Assignments
  • 318
    Students
    have taken this course
  • 5
    Hours
    average time
  • 0.5
    CEUs
 
 
 

Course Description

Talent Management: Transforming Human Capital into Business Success

In today's hyper-competitive global market, the true differentiator between companies that thrive and those that merely survive is often their most invaluable asset: human capital. Enter "Talent Management", a contemporary business philosophy tailor-made to harness, cultivate, and optimize this very asset, ensuring organizations are primed to flourish.

This comprehensive course transcends traditional notions of talent management. It delves deep into the strategic significance of managing talent, setting the stage for the success and growth of any enterprise, regardless of size or industry. Whether you're a budding entrepreneur establishing a start-up or helming a multinational conglomerate, this course is meticulously designed to ensure you master the essence and intricacies of talent management.

Course Highlights:

  1. Understanding Talent Management: Trace the evolution of this transformative philosophy from its inception in a 1997 study by McKinsey and Company to its current status as an indispensable component of strategic business management. We demystify the jargon and provide clarity, allowing you to grasp and utilize this potent tool with dexterity.

  2. Beyond HR: While Talent Management and HR often walk hand in hand, this course accentuates the broader spectrum of talent management. From succession planning, high potential management, holistic development strategies, to performance assessments, we delve into the crux of strategic, long-term talent initiatives.

  3. The Holistic Approach: Learn why focusing solely on talent acquisition is just scratching the surface. We explore the roadmap for not only attracting premier talent but also nurturing, developing, and retaining them, ensuring they contribute to the organization's vision and mission effectively.

  4. Performance Management & Beyond: Understand the multidimensional nature of talent management. While performance management forms its core, the course sheds light on myriad imperative functions that encapsulate this holistic philosophy.

  5. Real-world Relevance: Benefit from concrete examples, contemporary language, and relevant scenarios. The curriculum is designed with a practical orientation, ensuring you can readily apply your learning in the real business world.

  6. Current Perspectives: Especially in these turbulent economic times, recognize the pivotal role that sound talent management plays in securing business success, safeguarding companies from unforeseen challenges and ensuring sustained growth.

The realm of business is replete with buzzwords and fleeting trends. But amidst this sea of transient concepts, talent management has stood its ground, reinforcing its significance in modern business paradigms. This isn't just another management fad; it's a pivotal philosophy that's shaping the future of businesses worldwide.

Join us in this enlightening journey as we dissect, explore, and master the art of talent management. Together, we'll lay the foundation for turning human capital into a relentless force propelling your business to unparalleled heights. Transform your talent strategy, and watch your business success soar!

Courses Frequently Bought Together:
  • Completely Online
  • Self-Paced
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 
 

Course Lessons

Average Lesson Rating:
4.33 / 5 Stars (Average Rating)
"Extraordinarily Helpful"
(313 votes)

Lesson 1. Talent Management Essentials

Originating from a 1997 McKinsey and Company study, talent management highlights the vital link between effective Human Resource development and organizational success, extending beyond typical HR operations to include strategic planning and high potential management. 11 Total Points
  • Review Practice Worksheet: Lesson-1-WorkSheet-17817.pdf
  • Lesson discussions: Reasons for Taking this Course
  • Complete Assignment: An Introduction
  • Assessment: Lesson 1 Exam

Lesson 2. The Dynamic Duo: HR and Talent Management

Performance management and ongoing talent development are crucial in refining employees' abilities in line with business objectives. Succession planning ensures seamless role transitions, preparing multiple candidates for each position to maintain efficiency. 10 Total Points
  • Review Practice Worksheet: Lesson-2-WorkSheet-17818.pdf
  • Complete: Lesson 2 Activity
  • Assessment: Lesson 2 Exam

Lesson 3. Dynamic Strategies for Evolving Business Landscapes

Effective workforce planning involves identifying the skills and attributes needed to achieve your strategic goals, planning who to hire, and when to hire them. While rushing the talent acquisition process can be tempting, patience ensures that new hires are appropriately integrated and engaged, leading to successful long-term outcomes. 10 Total Points
  • Review Practice Worksheet: Lesson-3-WorkSheet-17819.pdf
  • Complete: Lesson 3 Activity
  • Assessment: Lesson 3 Exam

Lesson 4. The Art of Finding the Right Talent for Your Business

A successful talent search hinges not only on what a candidate can offer immediately but how they can grow within the company. Essential competencies such as adaptability and respect should guide these recruitment strategies while maintaining clear communication of job roles and benefits. 10 Total Points
  • Review Practice Worksheet: Lesson-4-Activity-17820.pdf
  • Complete: Lesson 4 Activity
  • Assessment: Lesson 4 Exam

Lesson 5. The Art and Science of Hiring Talent

Strategically involving relevant stakeholders and adopting diverse assessment methods are pivotal to selecting talent that aligns with your company’s core goals. Emphasizing a candidate's adaptability and vision for growth over their current skills can reveal untapped potential essential for business innovation. 10 Total Points
  • Review Practice Worksheet: Lesson-5-Activity-17821.pdf
  • Assessment: Lesson 5 Exam

Lesson 6. Welcoming New Talent: Crafting an Effective Onboarding Process

The true challenge in talent management starts post-hiring, requiring effective onboarding to align new employees with company culture and expectations. This process encourages employees to invest emotionally and intellectually in the organization by promoting freedom, transparency, and inclusive socialization. 10 Total Points
  • Review Practice Worksheet: Lesson-6-Activity-17822.pdf
  • Assessment: Lesson 6 Exam

Lesson 7. Developing Talent: A Continuous Journey

Cultivating potential requires thorough assessment and personalized development strategies, resulting in a motivated workforce attuned to company goals. By instilling a clear mission and communication channels, organizations can effectively guide employees towards excellence. 11 Total Points
  • Review Practice Worksheet: Lesson-7-Downloadable-17823.pdf
  • Complete: Lesson 7 Activity
  • Assessment: Lesson 7 Exam

Lesson 8. Performance Management Essentials: Beyond Employee Reviews

Performance management is a strategic approach to ensure that an organization's goals are met by aligning resources, systems, and employees toward these objectives. This involves conducting gap analyses to identify discrepancies between current and potential performance, emphasizing the role of positive reinforcement in motivating employees. 11 Total Points
  • Review Practice Worksheet: Lesson-8-StudyGuide-17824.pdf
  • Complete: Lesson 8 Activity
  • Assessment: Lesson 8 Exam

Lesson 9. Talent Retention Strategies

To achieve sustainable success, businesses must retain talent by continuously engaging and valuing their contributions, thus avoiding costly turnover. Succession planning supports this effort by preparing future leaders from within the organization, ensuring minimal disruptions during transitions. 11 Total Points
  • Review Practice Worksheet: Lesson-9-Downloadable-17825.pdf
  • Complete: Lesson 9 Activity
  • Assessment: Lesson 9 Exam

Lesson 10. Leveraging Technology for Enhanced Talent Utilization

Current trends see companies embracing talent marketplaces and specialized software to maximize workforce potential, exemplified by brands like IBM and American Express. These advancements foster innovation and satisfaction, encouraging employees to explore new avenues and increase retention. 11 Total Points
  • Review Practice Worksheet: Lesson-10-Activity-17826.pdf
  • Lesson discussions: End of Course Poll; Course Comments; Course Comments
  • Complete: Lesson 10 Activity
  • Assessment: Lesson 10 Exam
105
Total Course Points
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Define talent management as the process of planning and developing human capital to meet organizational needs using specific strategies and tools.
  • Identify potential ethical issues in talent management such as employee inequity, transparency challenges, and selection bias, and propose strategies for mitigation.
  • Define the key differences between talent management and general HR management by analyzing their impacts on organizational long-term strategies.
  • Demonstrate the ability to develop a long-term talent management plan by formulating strategies for acquiring, developing, and retaining skilled human capital.
  • Identify the essential components of workforce planning and explain how they align with business goals and strategies.
  • Define the critical elements of a comprehensive business plan and their impact on long-term company performance.
  • Define the key competencies essential for new talent acquisition, such as adaptability, respect, and problem-solving, by evaluating potential candidates against these criteria.
  • Develop a strategic talent acquisition plan that identifies and targets the potential skills gaps in the workforce by utilizing varied recruitment methods and technologies.
  • Demonstrate the ability to design an equitable and inclusive hiring process by incorporating objective assessment tools and multiple stakeholders in interviews.
  • Evaluate candidates' competencies and potential through role-play, open-ended questions, and skill assessments to identify the best fit for long-term success.
  • Describe the role of onboarding in aligning new talent with the company's culture, values, and goals while fostering engagement and professional growth#
  • Identify key elements of an effective onboarding process and explain how these elements promote organizational socialization and integration for new hires
  • Identify key strategies for assessing employee strengths and areas for development to enhance their leadership potential.
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 

Additional Course Information

Online CEU Certificate
  • Document Your Lifelong Learning Achievements
  • Earn an Official Certificate Documenting Course Hours and CEUs
  • Verify Your Certificate with a Unique Serial Number Online
  • View and Share Your Certificate Online or Download/Print as PDF
  • Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media
Document Your CEUs on Your Resume
 
Course Title: Talent Management for Business
Course Number: 8900259
Lessons Rating: 4.33 / 5 Stars (313 votes)
Languages: English - United States, Canada and other English speaking countries
Availability: Accessible from any state in the U.S., this course covers key areas such as California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, and Georgia. The course is also offered in English-speaking nations like Australia, Canada, the UK, and South Africa.
Last Updated: December 2023
CEU Value: 0.5 IACET CEUs (Continuing Education Units)
CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned.
Course Type: Self-Paced, Online Classes
Assessment Method: Lesson assignments and review exams
Instructor: John Chouinard
Syllabus: View Syllabus
Course Fee: $120.00 U.S. dollars

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Student Testimonials

  • "As always, enjoyed taking one of your courses! Learned a lot and I am eager to apply this new knowledge in order to help my clients! Thank you." -- Brian T.
  • "This course is excellent for those looking for insight on building and maintaining a team of professionals or just broadening their horizons or outlook on the whole process." -- Heather V.

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