Managing and retaining top talent had been among the biggest pain points to global business corporations for a long time. But, since the advent of the hr tech in the recent past, it seems like businesses have found a way out to manage talent effectively.

As per Statista, the German world-renowned market research firm, 85% of companies across the globe, confirmed that they are already leveraging talent management applications to recruit the most skillful individuals at their respective firms, in 2019. In the same study, Statista found out, that 88% of the global business corporations, in 2019, were actively using WFM applications, that record workforce’s attendance, and the time of arrival and departure at the workplace. 

Share of firms using talent management apps, globally, in 2019

Source:Statista

Why Should Business Corporations Invest in Talent Management?

The primary reason companies must invest in talent management, is to retain top talent, and to find the individual training needs of the personnel within the organization.

Here are the other top reasons, why companies across the world, invest in talent management technology, in the form of new-age apps, powered by disruptive techs, such as automation & AI:

Sourcing Top Talent

To attract the cream, in terms of top global talent available in the job market, is every firm’s desire, whether small or big. Because, this is what decides the fate of the company, and its future prospects, amid the intense competition in the global markets. Most importantly, you get to generate more revenue, and profits, when being able to hire the cream, in the context of the talent available in the respective industry niche.

Raising Workforce Motivation

As per the Chandler and Macleod’s survey, 91% of the workforce that got asked questions about workplace engagement and motivation, said that they expect more from their organization than just money.

Elevating Workers’ Performance

Talent management applications, or hr tech software, help corporations identify workers that will be suitable to perform a specific kind of job. Eventually, that increases the effectiveness of performance management goals for the hr department.

Enhancing Employee Engagement

Talent management initiatives assist businesses to build and develop apt ‘employee-development’ programs. Under these, the focus is put on improving the staff’s skills or providing an opportunity to the employees to upgrade their existing skillset. It helps boosts engagement of the workforce with the organization. Further, it’s mutually beneficial.

Retention of Top Talent

A smartly-structured onboarding program speaks about a company’s reputation, and the workplace process standards, it follows. The better the orientation of the new employees, the better would be the chances of them working for long with the company. This way, the concerned organization can save big on their costs associated with hiring and performance management.

TMI (Talent Management Institute) – A Reputed Global Credentialing Body

Talking about talent management credentialing, it’s TMI, that offers some of the world’s most valuable, and appreciated ‘talent management certifications’. It is counted among the world’s most prominent credentialing bodies when it comes to issuing professional hr credentials that are accepted across 183+ countries.

Certifications Offered by TMI for HR Professionals

TMI, as a globally-recognized hr credentialing body, issues five certifications, specific to hr and talent management. The applicability of these globally-relevant world-class hr credentials is extensively wide.

The hr certifications offered by TMI are beneficial to one and all,, associated with the business function of hr management, ranging from fresher graduates in hr to the top of the chain hr leaders across varied industries.

Here’s a list of 5 globally-recognized hr certifications, offered by TMI institute:

HR Certifications for Professionals:

• Talent Management Practitioner (TMP)
• Senior Talent Management Practitioner (STMP)
• Global Talent Management Leader (GTML)

TMI-Wharton Programs:

• Associate Fellow Program In Talent Management
• Global Fellow Program In Talent Management

HR Certifications for Professionals

Under these certification programs, the candidates will get to learn about the vital industry-relevant skills in hr, that are currently in-demand across industries. The said professional certification programs will prepare you to quickly move ahead in your ongoing career, by climbing the hierarchical ladder fast. And, if you happen to be a fresher graduate in hr, acquiring TMI credentials will provide you with a distinct competitive edge.

They will improve your job-readiness, as and when you move ahead in the preparation of your qualifying exam. You will certainly feel more confident while sitting in your first job interview. Moreover, your resume will look more relevant, and powerful, to the recruiters.

Talent Management Practitioner (TMP)

Acquiring TMP will serve as your introductory step into the world of hr management. It is meant for recent graduates, and young hr professionals, looking to build their prospective career in the field of hr.

Senior Talent Management Practitioner (STMP)

STMP is meant for mid-career hr professionals seeking to climb the career ladder, fast. The certification will help talented professionals to establish themselves as skillful specialists in the hr business function. Organizations across the world, find such talented hr specialists in deficit, and hence, they continue to remain in high demand.

Global Talent Management Leader (GTML)

Meant for mid-career hr professionals, the said professional credential offers unlimited scope for you to rise to the higher management levels at your respective organizations. It is regarded as the world’s most reputed hr qualification, specifically designed to help mid-senior hr professionals rise further high to the C-suite levels.

GTML is a collaboration between the TMI and the Wharton School (University of Pennsylvania). And hence, a great international valuation attached to the said professional credential.

TMI-Wharton HR Credentialing Programs

TMI-Wharton programs for high-potential hr leaders are a partnership between Talent Management Institute, and the Wharton School (University of Pennsylvania). They are innovatively designed credentialing programs in hr, developed, by taking help from the current-generation thought leaders in the field of hr.

Acquiring one of the two certifications under the said program, you will be able to transform yourselves into a global talent leader, who is superlative, in terms of building perfect hr strategies that hold the potential to secure improved business revenues and profitability.

Both the programs – the Associate Fellow Program In Talent Management, and the Global Fellow Program In Talent Management, under the TMI-Wharton label, focus on building leadership skills, so that the selected candidates, who get admission into the mentioned programs, can be trained effectively for holding C-suite level job positions in the near future.