Sunday, 26 January 2020

Talent Management and Employer Branding ..

Talent Management

Talent Management is a systematic process of Attracting, deploying and developing of valued individuals to the organization to fulfill the current or future critical roles.(CIPD 2015)

Attracting Talent to the organization

Other than fulfilling current roles, due to employees resigning (and retirement), attracting new talents to organization is mandatory requirement in modern FMCG industry in Sri Lanka, Mainly To fulfill new roles created within the organization due to,
         Business strategy changes
         Organization expansion requirements
         New regulatory requirements
         Technology changes
         Local or Global trends (Sustainability/ Climate change/ Non-communicable diseases ...etc.)

Good to read, …. (use below links)

Deploying & Developing talents.

Deploying and developing talents within the organization links with few other HR practices in the organization. Mainly,
       
         Carrier Progression Programme
o   Promoting  
o   Top give different function exposure
         IDP – individual development planning
         Succession planning
         Performance Management
         Critical role vacancy fulfilling (temporary or permanently)
         Long-term and short-team project management (project teams)
         Organization restructuring programme

Usually talent deployment & development process is not solely handled by HR department, other relevant organization functions are also joint with them.

Advantages of having proper talent deployment and development  process ….

Talent deployment and development process enables the movement of talent around an organization and is an effective way for an organization to provide a range of valuable developmental experiences without losing its talent. (londonleadershipacademy.nhs.uk 2020)

         Better Levels of Customer Service
         Low risk of creating sudden vacancy in critical roles
         High performing teams leads to Increased productivity and efficiency
         High motivated and engaged employees (new tasks/roles, progressions, challenging job tasks)
         Future readiness to face organization expansions
         Low business continuity risks (due to sudden employee unavailability)
         High talent diversity will
         Reduce recruitment costs

(careermetis.com 2017)


Good to read… (use below links)


Employer Branding …

Employer brand is a term (Employer + Branding) referred to describe the organization (as an employer) reputation and popularity from a potential employer's perspective and describes the values the company gives to its employees. (talentlyft.com 2020)
In other way, it is talent management tool, most of FMCG organizations use to attract from outside talent pools and to retain great own talents.

“Employer Brand Name” is an total output of …..
         Salary of the employee paid by the employer.
         Employee benefits given by employer (medical facility, transport facility, food, education assistance and …etc.)
         Job security.
         Pleasant working atmosphere (link with organization values)
         Work place health and safety
         Work-life balance.
         Career progression opportunities.


Sri Lankan organizations use different strategies to communicate above status to their potential employees. The strongest way is to use their loyal employees as their brand ambassadors. However social media is the strongest tool.

Other than that, …
·       Carrier day programmes
·       Carrier programmes with local universities  
·       Participate in national or international level awards
         Great place to work
         National occupational safety and health awards
         HRM Awards
         IPM Awards
·       Certification programmes (ISO, SLSI and BRC)
·       Including to advertisements for job vacancy, products and services.  

Good to read …. (use below links)

10 comments:

  1. A Descriptive writing which anyone can understand about employee branding and talent management
    Ruvee

    ReplyDelete
  2. With the emerging health concerns, isn't it disadvantages to have employer branding in your organizations? or is it still strong and advantages? if so what are the steps which are taken to protect your brand with all the negative media attentions to your brand?

    ReplyDelete
    Replies
    1. Organization didn’t accept any the emerging health concerns/ allegations through social media. And response to them in a factual & responsible way. And still it is strong and advantages.

      Delete
  3. Employer's brand name make huge profit to the company. In sri lankan context still people like to purchase brand other than a product. Ex. If someone wants to purchase milk powder in the shop they asked about Anchor.
    There for maintaining & promotion brand new is very important in Sri Lanka contex. I think you agree with my point

    ReplyDelete
    Replies
    1. "There for maintaining & promotion brand new is very important in Sri Lanka contex. I think you agree with my point" this should be rectify as " There for maintaining & promotion brand name is very important in Sri Lanka contex. I think you agree with my point"

      Delete
    2. Yes Srimal, agree with you,
      If the organization already have well reputed brands, it has a huge positive impact to the Employer Brand

      Delete
  4. This comment has been removed by the author.

    ReplyDelete
  5. I also agree with Srimal.
    However, currently companies should focus more on talent management rather than focusing on developing their brand image since employees get demotivated due to the low salaries compared to the living cost and companies spent millions to build their brand image. This makes a negative impact on the employee satisfaction and the service standards may decrease due to the same.

    ReplyDelete
  6. Yes agree with you, & for some FMCG organizations already faced this as an issue

    ReplyDelete

Why Learning and Development Practices are so important in Multinational FMCG Originations in Sri Lanka?

Learning and Development (L&D) practices are clearly visible across the organization. And almost all of them are having separate di...