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Talent Management Framework Policies as a Retention Tool

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How do companies succeed in retaining top talent in the war for the best minds? - Through structured talent management. 

Possible sequence of thoughts: 

  • What qualifications and qualities fit the company?
  • What procedures are used to assess these criteria?
  • How do we ensure objectivity in the evaluation?
  • What qualification steps do we offer within the company?

The key to success often lies in cross-departmental mobility, talent development as a criterion for evaluating superiors, and clear processes. Measures aimed at maintaining employee motivation, fostering talent, and securing their long-termin retention through career advancement opportunities are typically subject to co-determination, as the interests of a large number of employees need to be balanced. For those interested in expoliring this topic further, practical insights can be found in the book Talents - Non-Tariff Employeesedited by Dr. Burkard Göpfert and Dr. Anne-Kathrin Bertke.

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