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Talent management involves the recruitment, retention, development and deployment of individuals who consistently deliver strong performance. Increasingly, organisations are managing talent strategically to support high-performance workplaces in an ever-competitive market. It is important that reward issues are considered, along with practices relating to diversity.
Many organisations are also broadening their definitions of talent management and supporting and developing the “talents” of all their employees. In this respect, “talent” may be used to encompass the entire workforce of an organisation.
HR professionals need to work with senior leaders and the line in designing approaches to talent management that address immediate and future organisational objectives and needs.
This topic advises on the basics of talent management strategy, how to benchmark the desired capabilities of your key talent and how to manage retention.
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