Talent Management

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Summary

What is Talent Management? Meaning.

Talent Management is an approach to managing human capital throughout the career cycle. It involves the recruitment, selection, identification, retention, management, and development of personnel considered to have the potential for high performance or leadership positions (sometimes the terms is also used for all personnel). Talent management is part of Human Resources Management.


Each organization has different requirements for its current and future ‘talent pipeline’ (Leadership Pipeline), as well as different issues concerning how best to meet these requirements. It’s these considerations that should determine the talent strategy an organization develops.


This term is usually associated with competency-based human resource management practices. Talent management decisions are often driven by a set of organizational core competencies as well as position-specific competencies. Talent may include skills, knowledge, cognitive ability and potential, experience, personal traits (demonstrated through defined behaviors). The values and work preferences of employees are also of major importance.


The following talent management maturity stages can be distinguished (CIPD study, 2006):

  1. No talent management strategies, policies or formally developed practices

  2. Isolated/tactical/local ‘pockets’ of talent management activities

  3. Integrated and co-ordinated talent management activities for a particular segment of the organization

  4. Talent management strategy designed to deliver corporate and HR management strategies

  5. Talent management strategy informs and is informed by corporate strategy

Similar to Human Capital Management.


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Digital Transformation Requires Certain Talents
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Value of Talent Management in Shared Services Organizations
Is there value in instituting talent management for shared services organizations such as HR, IT, and Finance? Will a co (...)
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Definitions of Talent Management?
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Strategic Talent Management
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2 reactions
🔥 NEW Scanning Potentials for Succession System
Hello, I am working on our company's succession and development system. As a first step, we have to scan the potentials (...)
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The Best Leaders are Great Teachers
What sets the best leaders from the generic ones? After studying world-class leaders for over a decade, Finkelstein (201 (...)
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How to Manage High-Potentials Belonging to a Dual-Career Couple?
The tendency of people marrying someone of similar career outlooks and education background has risen by 25% over decade (...)
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Emphasize Emotions and Human Behavior in Talent Management
The main purpose of talent management is to unlock talents to an organization. This has become increasingly important, e (...)
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How to Avoid Losing Highly Talented Employees During a Recession Period?
Many organizations tend to lose highly talented employees during periods of recession. It is important to imbibe certain (...)
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What Concepts are at the Basis of Talent Management?
What are the theoretical frameworks for talent management? Shall we see it as a form of sustainability? Moreover, where (...)
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Talent Management and Competitive Advantage
I am doing a thesis on "The impact of talent management on competitive advantage." What issues must I consider? I intend (...)
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Talent Management Model for Universities
I am working on a Talent Management Model that is is considering ATTRACTION and RETENTION of first class graduates (othe (...)
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Talent Acquisition Strategies
Im doing a project on talent acquisition strategies for a certain mine... Can I have your suggestions and tips on what I (...)
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Talent Management versus Knowledge Management
Talent and Knowledge Management are similar but mistakenly taken as the same by some HR Practitioners. Talent Managemen (...)
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The top-rated topics about Talent Management. Here you will find the most valuable ideas and practical suggestions.


Hiring for Potential Easier Said then Done
A term recently getting more attention is 'Hiring for Potential' (HFP). You can understand HFP as the talent management (...)
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22 reactions

How to Manage your Talented Employees as a Line Manager?
Since about a decade, the responsibility for talent management is being transfered to (front)line managers from the HR d (...)
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6 reactions

Expert Tips

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Advanced insights about Talent Management. Here you will find professional advices by experts.


Mintzberg: 7 Myths on Management

Management Development, Leadership Development, Managers versus Leaders, MBA
Prof. Henry Mintzberg refutes 7 myths on leadership and management: ORCHESTRA CONDUCTOR: One myth about management is t (...)

The Best Managers in Talent Management

Employee Development, Employee Growth, Coaching by Managers, Mentoring, Career Management, Management Development
Gartner (2018) surveyed 7,300 employees and executives across 25 industries and found that there are 4 types of managers (...)

Talent Development Approach for Successful Knowledge Management

Knowledge Management, Career Management, Talent Management, Employee Induction, Human Resource Development
People play an important role in Knowledge Management (KM). We all know that. Indeed, the success of KM basically depend (...)

How to Retain your Top IT Talents and Star Performers

Talent Management, IT Talent, IT Star Performers, Retaining ICT Talent, Innovation Talent
The growing demand for IT-professionals today increases the difficulty to retain the best performers in your IT-departme (...)

Top-3 Pitfalls in Talent Management: Common Mistakes by Talent Managers

Talent Management, Management Pipeline, Leadership Pipeline, Management Development, Management Succession Planning
In companies talent management failures are made at various levels, from strategic failures to process and management fa (...)

Fairness of Managers and Leaders: are Fair Leaders More Effective?

Management, Leadership, HR, Performance Appraisals
In many studies the relationship between fairness and effective leadership is studied. Managers and leaders are often re (...)
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Various sources of information regarding Talent Management. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.


Learning Agility and Enterprise Agility

Organizational Agility
This presentation provides insights into the usage of organizational agility in your organization. The presentation incl (...)

Talent, Career and Succession Management and Management Development

Career Management, Career Planning, Management Development, Talent Management, Succession Planning
Presentation about talent/career management and development including a lot of schemes which clarify each particular sec (...)

A Model for Increased Work Performance: HPWS

HRM, HRD, Human Resources Management, Employee Commitment
This presentation is about the concept of high performance work systems. The presentation includes the following section (...)

Workforce Planning for Today

Workforce Planning
This presentation plays attention to workforce planning in the dynamic and ever-chaing environment in which we live toda (...)

The High Performance Development Model

Employee Performance Management, Employee Development, Career Management
Presentation about the High Performance Development Model. The presentation contains a brief description of many employe (...)

Contemporary Employment Relations: The Psychological Contract

Employee Development, Employee Motivation, Employee Relationship
This presentation explains how the traditional collective model of viewing employee relations (the traditional 'deal') i (...)

Career Development

Career Management, Career Planning, Management Development, Talent Management
Presentation about Career Development/ Career Management. The presentation includes the following sections: 1. Introduc (...)

From Traditonal to Advanced Talent Management

Talent Management, Talent Planning, Talent Acquisition, Talent Retention, Talent Development, Career Planning, Successio
In-depth presentation about talent management. The following sections are included: 1. Talent Management and Globalizat (...)

Young Steve Jobs on the Role of Managers

Management, Leadership, Talent Management, Talent Acquisition, Talent Development
This video is a nice start for any management course. Jobs shares some ideas on managers (in a high-tech environment) an (...)
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Compare with: Leadership Pipeline  |  Coaching  |  Mentoring  |  Career Management  |  Employability  |  Employee Development  |  Management Development  |  Management Succession Planning

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