Managing talent in the current era means so much more than before. The current expectations are beyond managing salary payouts and require encompassing and targeting larger challenges of instilling and driving the organization culture, employee engagement, and employee development and growth.
Corporate culture is the mixture of values, vision, mission, and operational goals that create the organizational atmosphere. It is not about individual performances but how the team works together as a cohesive unit.
As part of the team that owns performance management for an organization, one needs to ensure that the external factors are not impacting the existing foundation of evaluation of employee performance as well as productivity.
A continuous inflow as well as the outflow of short-duration assignments by unconventional staff not just affects the finances of the GIG workers but additionally, affects how a company 's payroll division must work.
Our workforce is one of our key strategic assets. As it directly impacts our business outcomes, it is a crucial business investment. Hence it is important to ensure efficient management of our workforce and its efficiency.
In our current environment of unpredictable circumstances and an economy of commoditization, talent will be the only constant differentiating factor and the only strategic asset that is not repeatedly commoditized.