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Talent Management
Talent management (TM) is the anticipation of required human capital for an organization and the planning to meet those needs. The field has been growing in significance and gaining interest among practitioners as well as in the scholarly debate over the past 10 years as of 2020, particularly after McKinsey's 1997 researchThe War for Talent, McKinsey Quarterly and the 2001 book on ''The War for Talent''. Although much of the previous research focused on private companies and organizations, TM is now also found in public organizations. Talent management in this context does not refer to the management of entertainers. Talent management is the science of using strategic human resource planning to improve business value and to make it possible for companies and organizations to reach their goals. Everything done to recruit, retain, develop, reward and make people perform forms a part of talent management as well as strategic workforce planning. A talent-management strategy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Capital
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital; for example, through education and training, improving levels of quality and production. History Adam Smith included in his definition of Capital (economics), capital "the acquired and useful abilities of all the inhabitants or members of the society". The first use of the term "human capital" may be by Irving Fisher. An early discussion with the phrase "human capital" was from Arthur Cecil Pigou: But the term only found widespread use in economics after its popularization by economists of the Chicago School of economics, Chicago School, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Resource Management System
A human resources management system (HRMS), also human resources information system (HRIS) or human capital management (HCM) system, is a form of human resources (HR) software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data. Human resources software is used by businesses to combine a number of necessary HR functions, such as storing employee data, managing payroll, recruitment, benefits administration (total rewards), time and attendance, employee performance management, and tracking competency and training records. A human resources management system ensures everyday human resources processes are manageable and easy to access. The field merges human resources as a discipline and, in particular, its basic HR activities and processes with the information technology field. This software category is analogous to how data processing systems evolved into the standardized routines and packages of enterpris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Resource Management
Human resource management (HRM) is the strategic and coherent approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. HR departments are responsible for overseeing employee-benefits design, employee recruitment, training and development, performance appraisal, and reward management, such as managing pay and employee benefits systems. HR also concerns itself with organizational change and industrial relations, or the balancing of organizational practices with requirements arising from collective bargaining and governmental laws. The overall purpose of human resources (HR) is to ensure that the organization can achieve success through people. HR pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Predictive Analytics
Predictive analytics encompasses a variety of Statistics, statistical techniques from data mining, Predictive modelling, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. In business, predictive models exploit Pattern detection, patterns found in historical and transactional data to identify risks and opportunities. Models capture relationships among many factors to allow assessment of risk or potential associated with a particular set of conditions, guiding decision-making for candidate transactions. The defining functional effect of these technical approaches is that predictive analytics provides a predictive score (probability) for each individual (customer, employee, healthcare patient, product SKU, vehicle, component, machine, or other organizational unit) in order to determine, inform, or influence organizational processes that pertain across large numbers of individuals, such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Return On Investment
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.Return On Investment – ROI , Investopedia as accessed 8 January 2013 In economic terms, it is one way of relating profits to capital invested. Purpose In business, ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris Aéroport
Paris Aéroport (), formerly Aéroports de Paris (ADP), is the passenger brand subsidiary of Groupe ADP which operated the airports of Paris and its region, including Paris–Charles de Gaulle, Paris–Orly and Paris–Le Bourget. The company is headquartered at Charles de Gaulle Airport, Tremblay-en-France, Seine-Saint-Denis, in the Paris metropolitan area. Background The brand Paris Aéroport has been created on 14 April 2016 as part of a programme called ''Connect 2020.'' The plan involved creation of two new brands. One to operate the 3 Parisian international airports (Orly, Le Bourget, Charles de Gaulle) under the brand Paris Aéroport. And all other airport-related subsidiaries were gathered into one institutional brand, Groupe ADP. Description Paris Aéroport replaced the Air France bus shuttles from the Parisian airports to the capital with its own '' Le Bus Direct'' bus shuttles fleet and added more stop points throughout Paris. Paris Aéroport, as of 2017, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel Gross (entrepreneur)
Daniel Gross () is an Israeli-American businessperson who co-founded Cue, led artificial intelligence efforts at Apple, served as a partner at Y Combinator, and is a notable technology investor in companies such as Uber, Instacart, Figma, GitHub, Airtable, Rippling, CoreWeave, Character.ai, Perplexity AI, and others. In June 2024, he co-founded Safe Superintelligence Inc. Time 100 has listed Gross as one of the "Most Influential People in AI". Career 2010-2016 - Cue and Apple Gross was born in Jerusalem in 1991. In 2010, Gross was accepted into the Y Combinator program. At the time, he was the youngest founder ever accepted. He started angel investing in 2011. Gross launched Greplin, a search engine, in 2010 along with Robbie Walker. Greplin was designed to allow users to search online accounts (such as social media, email, and cloud storage) from one location without checking each individually. In 2011, Greplin raised $4 million from venture capital firm Sequoia Capital. At ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tyler Cowen
Tyler Cowen (; born January 21, 1962) is an American economist, columnist, blogger, and podcaster. He is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department. Cowen writes the "Economic Scene" column for ''The New York Times'' and since July 2016 has been a regular opinion columnist at ''Bloomberg Opinion''. He also writes for such publications as ''The New Republic'', ''The Wall Street Journal'', ''Newsweek'' and the '' Wilson Quarterly''. He is general director of George Mason's Mercatus Center, a university research center that focuses on the market economy. In September 2018, Tyler and his team at George Mason University launched Emergent Ventures, a grant and fellowship focused on "moon-shot" ideas. He was ranked at number 72 among the "Top 100 Global Thinkers" in 2011 by ''Foreign Policy''. In a 2011 poll of experts by ''The Economist'', Cowen was included in the top 36 nominations of "which economists were most in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cultural Agility
Cultural agility is a term employed in talent management to design a complex competency based on skills whose command allows an individual or an organization to perform successfully in cross-cultural situations. Cultural agility has been conceptualized as an individual's ability to ''comfortably and effectively'' work in different cultures (e.g., countries, organizations) and with people from different cultures, national origins, generations, gender, etc. People with cultural agility are able to "build trust, gain credibility, communicate, and collaborate effectively across cultures". The concept appears to overlap with others such as cross-cultural competence and cultural intelligence. The subject has been linked to studying abroad, foreign talent acquisition, immigrants and refugees, career success, sports coaching, leadership development, and global business. Currently, the term is often associated with research carried out by Paula Caligiuri, and a few others like Marisa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HRIS
A human resources management system (HRMS), also human resources information system (HRIS) or human capital management (HCM) system, is a form of human resources (HR) software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data. Human resources software is used by businesses to combine a number of necessary HR functions, such as storing employee data, managing payroll, recruitment, benefits administration (total rewards), time and attendance, employee performance management, and tracking competency and training records. A human resources management system ensures everyday human resources processes are manageable and easy to access. The field merges human resources as a discipline and, in particular, its basic HR activities and processes with the information technology field. This software category is analogous to how data processing systems evolved into the standardized routines and packages of enterprise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McKinsey & Company
McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinsey, McKinsey is the oldest and largest of the " MBB" management consultancies. The firm mainly focuses on the finances and operations of their clients. Under the direction of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—initiated a program designed to transform corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced the business practice of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management. McKinsey has been the subject of significant controversy and is the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talent Management System
A talent management system (TMS) is an integrated software suite that addresses the "four pillars" of talent management: recruitment; performance management; learning and development; and compensation management. Purpose Whereas traditional HRMS and enterprise resource planning (ERP) systems focus primarily on transaction processing and the administration of basic human resources processes such as personnel administration, payroll, time management, etc., talent management systems focus on providing strategic assistance to organizations in the accomplishment of long-term enterprise goals with respect to talent, or human capital. Talent management systems may also be referred to as or paired with an applicant tracking system (ATS) in either standalone application or as a suite of products. According to Bersin, talent management may be defined as the implementation of integrated strategies or systems designed to improve processes for recruiting, developing, and retaining people wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
