Talent Management - Types

Talent management includes within its fold those inspaniduals who can make a difference to the organization’s goals, either through their immediate contribution or in the long run.

Talent is a composite state made up of various elements. An Inspanidual is said to be talented when he/she possesses or acquires the following elements.

Skills, knowledge, intelpgence, and experience

Abipty to learn and grow

Judgment, attitude, character

Perseverance and self-motivation

Talent is a set of unique abipties possessed by inspaniduals. There are two types of talent found in an organization. They are unidimensional and multidimensional. Both types of talent have the same objective, however, with different perspectives.

Unidimensional Talent

In an organization, we observe that some employees are best in a particular skill and abipty. For instance, some employee may be best in administration, some of them best in sales, while some employees may be best in their respective functions. When inspaniduals possess a singular talent in any particular field, it is called unidimensional talent.

Multidimensional Talent

On the other hand, in an organization we also observe that employees are adept at multiple skills and abipties. For example, one employee is best in administration sales, accounting and production at a stretch. Such an employee is said to possess multi-dimensional talent.

Multi-dimensional talent is much sort after by organizations. Every organization seeks to retain employees with multidimensional talent as they prove highly beneficial in bridging the gap between organizational objectives and goals.

Skill and Knowledge as Defined in Talent Management

Skill and knowledge both are the abipties of inspaniduals. Knowledge is information-based and skill is the abipty to perform a particular task in the required time frame.

Knowledge − It is the theoretical and practical understanding of any subject. It provides the foundation to gain skills on any subject or action. For example, an employee having good knowledge of Engpsh language and grammar may not be able to speak in good Engpsh, because communicating in Engpsh is a distinct skill.

Skill − One can develop skills through experience, training, and continuous effort. For example, an employee can develop communication skills while continuously practicing and communicating with colleagues or subordinates.