Talent Management Practices
In today’s rapidly evolving global environment, the human resource arena serves as a strategic partner on talent management, compliance, and organizational development. This environment is characterised by work force diversity, economic and technological change, globalisation, organisational restructuring, as well as changes in the nature of jobs.
Of particular interest, is the fact that highly skilled employees or talent, are a vital economic asset, a crucial and rare resource for which there is no substitute. In scouting, recruiting, managing and retaining talent, there are critical rules of engagement. The author attributes success in this arena to a refocus from management to leadership, and as such, he presents talent management as a key leadership goal that transcends management.