ShareKnowledge, a learning management system built for SharePoint, improves business value by offering features of a talent management system that can strategically help reach company goals and objectives.
In this day and age, companies are paying more attention to how they attract, train, develop, retain and promote employees throughout the organization. Why? Because employee turnover is expensive and highly disruptive to business. However, statistics show that when employees are content they’re engaged, loyal and productive. And, as a result, companies reap the benefits in a multitude of ways - revenue, customer satisfaction, quality, productivity, cost, cycle time and market capitalization.
Creating a higher performing workforce is easy with talent management in ShareKnowledge. Performance development is simplified by removing the cumbersome task of collecting information via forms and surveys and turns the complicated administrative process into an easy and relaxed experience. ShareKnowledge as a talent management system will not only help spot the strongest candidates in your organization but also point out the weakest and assists them in growing and retaining their position in the organization, resulting in more motivated employees.
A good talent management system identifies internal and external candidates using profiles with key filters, competencies and skills. This gives companies the ability to evaluate the quality of employees and help decide ‘fit-for-the-role’ on merits of talent and enthusiasm to grow within your organization.
There are tremendous benefits to managers, employees, and organizations that invest time and thought into performance development practices. When done consistently and well, these practices result in better performance on the individual and organizational levels, higher satisfaction and morale among staff, retention of strong performers, and an effective means for correcting poor performance.
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