Exploration of Fundamental Principles and Components of Strategic Talent Management in the Digital Age at Yana Travels Pvt. Ltd. Bengaluru

Shravya Bommayya Nayak, Dr. Susheeladevi B Devaru

Abstract: Talent management has emerged as a critical function in modern organizations, driving strategic advantage through the identification, development, and retention of high - potential employees. This paper explores the key processes involved in talent management, including talent acquisition, performance management, learning and development, and succession planning. It examines how effective talent management aligns with organizational goals, fosters employee engagement, and enhances productivity. By leveraging data - driven approaches and aligning talent strategies with business objectives, companies can create a sustainable workforce that is adaptable to changing market demands. The research assesses employee perceptions of the work environment, job satisfaction, and the influence of digital transformation on their roles. While support for employees is evident, challenges such as workload management and job satisfaction persist. The paper emphasizes the importance of fostering a positive organizational culture and aligning talent management strategies with digital innovations to meet the expectations of a young, tech - savvy workforce. The findings provide insights to guide organizations in implementing talent management strategies that address current challenges and ensure future success.

Keywords: Strategic talent management, digital transformation, workforce dynamics, employee engagement, organizational culture, travel and tourism, employee retention

How to Cite?: Shravya Bommayya Nayak, Dr. Susheeladevi B Devaru, "Exploration of Fundamental Principles and Components of Strategic Talent Management in the Digital Age at Yana Travels Pvt. Ltd. Bengaluru", Volume 13 Issue 10, October 2024, International Journal of Science and Research (IJSR), Pages: 460-464, https://www.ijsr.net/getabstract.php?paperid=MR241004074843, DOI: https://dx.doi.org/10.21275/MR241004074843