TMS: WEB BASED APPLICATION FOR MONITORING TALENT PERFORMANCE AND DEVELOPMENT PROGRAM

Abstract

Human resource management is a driver of an organization's success and growth. Most organizations, however, find it difficult to effectively monitor employee performance, create training needs, and manage high-potential talent. The lack of an integrated system too often results in poor decision-making related to career development, ineffective training programs, and lost leadership succession planning opportunities. According to LinkedIn's Workplace Learning Report (2023), while 94% of employees would stay longer at an organization that invests in their development, only 27% of organizations have formalized processes to effectively manage employee development. Gartner (2023) also discovers that 81% of HR leaders indicate their current performance management systems do not align with workforce needs.

This study propounds the development of a Talent Management System (TMS) in which performance management, training management, and talent pool management are integrated into a single platform. The purpose is to ensure data-based decisions, improved employee growth, and effective succession planning. The system shall measure employee performance using a KPI method in which job-centric measures are supplemented by individual behavioral observations and value addition like training and feedback. The system shall also comprise a training management module where the facilities for conducting training need analysis are supplemented by

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creation of syllabi as well as scheduling sessions. In the event of talent pool management, the system shall rate the high-potential employees and create individualized development plans providing for grooming them for potential leadership roles. From the standpoint of the client, variable service quality is frequently the result of inadequate internal personnel management. 84% of consumers are willing to transfer brands following a bad service experience, according to Deloitte (2023), whereas 59% of consumers believe that businesses fall short of their expectations because of poorly trained employees, according to PwC. These observations emphasize how important it is for businesses to spend money on systems that enhance worker productivity and service quality. Constraints like financial restrictions, difficulties with user uptake, sustainability, cultural fit, and adherence to data protection laws are all taken into account while implementing the TMS. The system seeks to increase organizational readiness to accomplish strategic goals, lower attrition, and improve employee performance by addressing these variables.