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Talent Management Process Discussion

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Running head: TALENT MANAGEMENT PROCESS 1

Talent Management Process

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TALENT MANAGEMENT PROCESS 2

Talent Management Process

The most critical stage of the talent management process is talent acquisition. The current

business world has turned into a fierce battlefield where competitors are working tirelessly to

hedge each other out of the arena. Indeed, talent acquisition has become a golden concept that

every organization must consider and approach carefully, keeping in mind the anticipated future

and the role the acquired talent is to play in attaining that future. According to DeTuncq and

Schmidt (2013), talent acquisition entails “attracting, selecting, and acquiring” the perfect

candidates equipped with the necessary talents to achieve organizational goals and objectives

(par. 6). The authors continue to underline the significance of talents being “acquired at the right

time, in the right place, and for the right price” (DeTuncq & Schmidt, 2013, par. 6). Each of

these attributes signifies the true essence of talent acquisition, for it defines the exact path an

organization will take going forward. Indeed, acquiring the right talent can prove invaluable

while acquiring the wrong talent can be disastrous to an organization is multiple dimensions.

At Amazon, talent has always been and continues to be a critical stage in talent

management. Indeed, the company has established remarkably high standards in talent

acquisition, often utilizing unorthodox methods to ensure that they get the best candidates out of

the best. For instance, the concept of peer-reviewed hires, coupled with the “bar raiser” program

works especially well in the identification and acquisition of the ideal candidates possessing the

perfect talents for the specific positions within the organization (BasuMallick, 2019). This is

important since organizational success is directly dependent upon the quality of its employees

which is tied to talent acquisition (Breaugh, 2016). Therefore, to maintain its position as one of

the distinguished companies in the world, and as an admirable business leader, Amazon must

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Running head: TALENT MANAGEMENT PROCESS Talent Management Process Student’s Name Institution Affiliation Date 1 TALENT MANAGEMENT PROCESS 2 Talent Management Process The most critical stage of the talent management process is talent acquisition. The current business world has turned into a fierce battlefield where competitors are working tirelessly to hedge each other out of the arena. Indeed, talent acquisition has become a golden concept that every organization must consider and approach carefully, keeping in mind the anticipated future and the role the acquired talent is to play in attaining that future. According to DeTuncq and Schmidt (2013), talent acquisition entails “attracting, selecting, and acquiring” the perfect candidates equipped with the necessary talents to achieve organizational goals and objectives (par. 6). The authors continue to underline the significance of talents being “acquired at the right time, in the right place, and for the right price” (DeTuncq & Schmidt, 2013, par. 6). Each of these attributes signifies the true essence of talent acquisition, for it defines the exact path an organization will take going forward. Indeed, acquiring the r ...
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Tags: management talent management Talent Management Process business world Integrated Talent Management