Page 61 - CMA Journal (May-Jun 2026)
P. 61

A r t ic le  S ec t ion



               Talent Management Process                        Recommendations
                As noted above, nurturing talent requires an inclusive   It is observed that organizations envision superior
               strategy.                                        customer experience and higher value for their money
                                                                but their performance remains within the con nes of
              •   It begins with translating vision and values into   e ciency and pro ts. Public utility companies are the
                 to-do behaviors.
                                                                glaring example.  They keep raising prices of their
               For example: An organization may proclaim as a   services only to cover up their internal ine ciencies
 Organizations are of the people, by the people and   behavior and last but   “Solutions Company”  and promotes  values  of   and sometimes even to compensate for their
 most importantly for the people. Put it simply, people   not the least  personality   innovation and reliability. So, practically employees’   corruption driven losses while the performance of their
 occupy pivotal position in the organizational chores.    charisma and grooming.    behaviors should be anchored to solution building,   employees remains far from quality service. Eventually
 Organizations that adequately serve the interests of   Obviously, when the   creativity, customer satisfaction, etc.   customer experience and value for their money keeps
 their  stakeholders, customers, suppliers,  employees,   focus on organizational   diminishing. Local corporate entities also face
 investors  and community  at  largely, are  truly   competitiveness remains   This follows that personality type and competencies,   challenges of living by their vision and values, for most
 synergistic and sustainable. That said, performance of   in  shadow,  the  which critical to promote target behavior and   of the time employees’ performance remains divorced.
 the  people  drives  meaningful  organizational  o r g a n i za t i o n a l   performance should be charted. For example: In the   Consequently, they fail to compete with international
 productivity while other resources i.e. technology and   performance continues   given scenario knowledge, analytical skills, out of box   brands.
 environment augment people’s performance. Thus, to   to  be  short  term  thinking, problem solving, empathy, commitment,
 bring about meaningful transformation, talent   pro tability alone while   work motivation, etc.   Turning around the prevailing scenario is the urgent
 management should come  rst.    long term vulnerability   •   Promote culture (values and norms) that   need of the local organizations should these resolve to
 Traditionally, human resource  management  (“HRM”)   remains high. Among   encourage target behaviors.   compete  and  become  sustainable  in the  true  sense.
 operates in isolation, assuming that it is a sta    other  factors,  most  The solution lies in managing strategically and
 function. Consequently, its output remains within the   signi cant  cause  is  For example: Foster norms like walking an extra mile,   transforming generalized (administrative) skills set into

 realms  of  mobilizing  generalized  skill  set,  divorced employee-behaviors.  value customers, recognition for innovative solutions,   targeted business competencies.  To do this,
 compensation, retention, discipline and last but not   Translating human resource performance  into   etc.   organizations need to add strategic perspective and
 the least legal and regulatory compliance.  In short, it   organizational synergy entails advancing  human   •   Focus on total personality development not just   continually build competitive talent inventory that
 remains focused on administration of human   resource management to a strategic level. In this   •  Talent acquisition is the  rst step. It refers to   in uences within the permeable environment   the job skills.   ensures superior customer experience, higher value for
 resources with simple goals of ensuring equity, fairness   transformation, the most imperative of all is to build   recruiting and onboarding individuals with   contribute towards employee’s learning.  Such as   their money, and market competitiveness.
 and employee satisfaction rather in isolation of   strategically aligned people competencies across the   compatible personality-type (values, motivation   culture, management style, opportunities and more   For example: Make training curriculum inclusive and   Conclusion
 corporate strategy. Hence, it remains  short of   echelons, which is referred to as “Talent management”.   diverse at the same time to build values, harness
 unleashing organizational synergy.  It aims to align employees’ performance with   and learnability). An employee can learn skills but   importantly reinforcements for learning and   motivation, and transfer job knowledge and skills. The   Employees’ performance is at the center of any
 without compatible values, constructive motivation
 developing, empowering  job design, last but not
 Case  in Point:  Typical organizations in the local   organizational vision, values and strategy thus   and learnability, an employee can never  be a   the least policies that harness employees’ behaviors.  process must continue along with the career trajectory   organization. It is a complex outcome of employees’
                                                                potential and organizational factors. Hence, an
 environment  are  largely  organized  along  augmenting the competitive advantage.  manageable resource. Let me clarify that here   of employees.   inclusive strategy for inducting employees with the
 administrative hierarchies, ministerial job designs and   That said, talent management is a strategic level HRM   motivation is not craving for rewards but   •  Talent  retention  is  the  third  step.    Retaining   •   Reinforcement is crucial yet tricky. Compensation
 are dominated by generalist skill set. Work culture is   intervention.  It  advocates  aligning  people’s  employees with compatible values, constructive   is the most considered reinforcement.   right  personality  make-up  and learnability,  and
 control centric, with strong status orientation.   competencies with organizational vision, values and   conscientious  orientation  towards  work  motivation  and  most  importantly  higher  harnessing organizational factors can increase chances
 Managers remain focused on operational issues and   strategy. The schematic diagram given above explains   responsibility and commitment.   learnability is critical for attaining organizational   Empirical evidence suggests that it may be a strong   of  developing  talent  necessary  to  sustain
  re ghting.  The permeable environment promotes   component of a typical talent management.     Academic  preparation, professional  training  and   sustainability. However, simply retaining an   variable for employee retention but not really e ective   competitiveness.   In short, to implement talent
 employees’ behaviors within a narrower band.   relevant experience are relevant criteria. It should,   employee  on  his  or  her  present  competencies   in  promoting  excellence  on  the job.  Having  said,   management the organization should; -
 Consequently ownership, innovation and rationality   Talent Management Paradigm  however, be considered as basis to one’s ability to   would only create inventory of dead woods in the   multiple and diverse reinforcements are needed to   a. Demonstrate unwavering resolve and
 remain much compromised. Last but not the least,   learn and adapt to the speci c job context rather   future: a liability no organization can a ord.   promote performance.   commitment to its Vision and Values.
 organizations reckon pro ts as the sole indicator of    Talent is not an evergreen inventory organizations can
 performance rather than long term competitive   bank upon. Changes in the job context as well as   than as a success factor in itself. This is evident from      Hence, retention strategies should focus on   For example: While fair pay is a must but career growth,   b. Align human resources strategy, policies and
 advantage and sustainability.    employee’s vertical and horizontal movements in the   multiple real-life situations.    developing succession plans,  identifying required   professional development, self-esteem, recognition,   system to the Corporate Strategy
 hierarchy make talent irrelevant if not totally obsolete.   involvement, justice, equity and merit also must be on
 Paradoxically, such a scenario not only prevails   That said, inducting employee based on speci c   •  Talent development is the second step. A product   development trajectory and o ering opportunities   the reinforcement menu.  c. Identify core competencies for the management
 amongst conventional organizations, but ironically   competencies can only guarantee short-term success.   must keep getting better to sustain its competitive   such as job rotation at considered intervals,   and executive employees.
 pseudo modern organizations that propagate vision   In the long run the same employee tends to become a   advantage in the face of changing needs and   mentoring programs, training and development,   •   Last but not the least, management decisions   d. Integrate recruitment, onboarding, training,
 and values and talk about strategy are no di erent.   liability. Hence, it is imperative that the potential   expectations, so is the employee’s competencies.   etc. It is imperative that employees’ development is   and actions should manifest the essence of   evaluation, reinforcement and retaining
 Unfortunately,  it  is  so  because they  ignore  to build   employee should bring compatible values and the   Job context keeps changing, so is the locus of an   monitored and evaluated on continuous basis, else   corporate vision and values.   processes to e ectiveness.
 strategically aligned people competencies and   acumen to learn and develop. This broadens the scope   employee. S/he must unlearn existing and learn   the investments are likely to go down  the  drain.    For example, managers should focus on solutions, they
 rede ne their jobs accordingly. Consequently,   of talent management beyond recruitment and   newer competencies to keep up with the changing   Needless to say, organizations should ensure equal   should  hold  hands  of  the  employees,  delegate  and   About  the Author:   The writer holds a professional qualification in
 performance evaluation and feedback continue to   onboarding. It comprises of three dimensions, namely;   work challenges.     opportunities for all. Otherwise, organizations will   empower them, and last but not the least promote   Banking and Finance. He is a practicing Human Resources and
 focus on non-core anchors. Such as, relationship with   talent  acquisition,  talent  development  and  talent   risk heightening dissatisfaction across the echelons   Organizational Development Professional, having more than three
                                                                 decades of hands-on experience in his field. He has authored books and
 seniors, obedience,  general intelligence, social   retention.      Learning does not occur in vacuum. Besides   objectivity, transparency, recognition, etc.  publishes extensively.
 employees’ values and learnability, a host of   and emergence of blue-eyed culture.

                                                             ICMA’s Chartered Management Accountant, May-Jun 2026  59
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