TALENT MANAGEMENT WHAT IS IT WHO OWNS IT AND WHY SHOULD YOU CARE

The article provides information regarding the practice of talent management in companies. Talent management is said to be practiced by organizations for decades but is gaining new urgency as companies find they cannot quickly come up the talent they need to achieve their most critical goals. According to a research conducted by the Institute for Corporate Productivity, there are more than 75% of the companies they surveyed have an agreed-upon definition of talent management. The author says that the essential input to the talent management process forms the basis of effective workforce plans, strategic development priorities, and succession strategies.