Reviewing planned activities is as significant as the activities themselves. Reviewing exposes faults, and gives a chance to outline corrective steps and improve work conditions. Talent Review is an important aspect where the management or the leaders analyze different aspects of talent management system. It discusses talent management strategies and reviews its feedback. Reviews recognize highly talented and potential employees in the organization.
Talent Review is also called talent evaluation and communication process. It is a process to evaluate activities undertaken to manage talent in an organization. Talent management review needs to be participatory in nature.
There are many reasons why the organization wants its employees to take part effectively in the talent review process. Some of which are −
Helps in evaluating performance and goal setting
Highlights successes and exposes failures
Provides an opportunity for self-evaluation and improvement
Provides a chance to analyze rewards and recognition
Documents employees’ progress
Generates new ideas and fresh designs
Talent Flowchart states that, if there is a problem in the organization, the management first checks the root causes of the problem. The problem might be related to the skills of the employees or it could be related to motivational level. Once the root cause is known, management develops a related strategy to overcome such problems. If there is no problem, the management provides correct and satisfactory feedback to the employees.
Talent management teams observe the following competencies while undertaking managerial talent and reward score when the requirements are met.
Communication − The review team analyzes communication skills among the performers. It also reviews the channels of communication in the organization.
Leadership − The team identifies leadership qualities and takes a note of effective and emerging leaders in the organization.
Resource Management − The team evaluates the resource management styles of the employees.
Teamwork − The team underscores team performance of individual employees.