A STUDY ON TALENT MANAGEMENT WITH REFERENCE TO LLM APPLIANCES PRIVATE LIMITED
PUJAA D
Dr.S.Rathika, Asso. Prof/Head,
Department of MBA, Prince Shri Venkateshwara Padmavathy Engineering College, Chennai -127
ABSTRACT
This study has been done in LLM APPLIANCES PRIVATE LIMITED to evaluate the existing talent management process within the organization. “Talent management refers to the strategic process of attracting, developing, and retaining skilled and high-potential individuals within an organization. It encompasses a range of activities aimed at identifying and nurturing key talents to ensure that the organization has the right people in the right roles at the right time.”
Talent management touches on all key aspects, from hiring to employee on-boarding and from performance management to retention. The purpose is to increase performance. It also aims to motivate, engage, and retain employees to make them perform better. Organizations are made up of creating value through business activities. An organization must make sure that it has a continuous and integrated process for recruiting, training, managing, and compensating these people.
The research design is used for the study was descriptive research design. The descriptive research means the research which is done to know the current situation of the study. The data has been collected using structured questionnaire. The sample taken for this study was 202 out of population 500 at LLM APPLIANCES PRIVATE LIMITED. The type of sampling technique used for the study was simple random sampling.
This means that the talent management is aimed at improving the performance of the business. Productive and engaged employees makes a business profitable. Good talent management is, therefore the ultimate HR practice that helps a company to win in the marketplace. A talent management strategy is the plan of action to optimize the employee performance. The basic assumption here is the employees who have all the resources to do their job well, perform better. This is backed up by the research.
