effective talent management in 4 steps

Checklist: Effective Talent Management in Four Steps

It’s nearly impossible to make a business flourishing and highly competitive without effective talent management in place. Human resources are the driving power of any business, and talent management helps managers and owners to retain workforce, develop employee skills and improve team performance. Effective talent management allows filling up the skill gap and avoiding performance reductions through recruiting talented employees and developing competencies and knowledge of existing workforce. Managing talents and competencies of employees can be presented as a consistent process that consists of the four key steps, such as Recruitment, Retention, Development and Performance. Each of the steps of effective talent management can divided into sub-steps that better characterize the process and its essence. In this article we present a checklist for carrying out the process in the four key steps.

project phasing

Project Phases

Project phasing becomes important in the context of achieving the project’s purpose and its objectives stated by the policy. It gives information required to understand how to methodologically achieve the project’s purpose, what the project phasing process is, and which phases are typically involved in the project implementation life-cycle.

lessons of effective crisis management

9 Lessons of Effective Crisis Management for Project Managers

Last time when I analyzed one of my previous projects I tried to follow several lessons of effective crisis management that were given to me by my good friend. There were nine simple lessons or steps that helped me avoid making mistakes in my management practice. Then I thought those lessons would help you as well, so I decided to write this article and describe 9 lessons of effective crisis management for project managers.

implement risk plan

Implementation of the Risk Management Plan

The process of putting a strategic plan of managing identified threats and exploiting opportunities into action is called the implementation of the risk management plan. Such a process may take many forms – this depends on the business culture of the performing organization, history of previous efforts, available resources, number of individuals involved in the project, and other factors.

Design of the Risk Management Plan

A Risk Management Plan is a formally created and approved document that describes how the risk management process will be organized, what phases it will consists of, how it will be implemented, and who will be involved in the implementation. It is a roadmap for managing identified risks and exploiting opportunities throughout the project lifecycle.