Talent Management
Talent management is the strategic process of attracting, developing, retaining, and deploying skilled employees to meet current and future business needs.
global
Category
intermediate
Difficulty
5 min read
Read time
2025-01-15
Updated
Definition
Short definition
Talent management is the strategic process of attracting, developing, retaining, and deploying skilled employees to meet current and future business needs.
Detailed explanation
Talent management encompasses all HR activities focused on ensuring the organisation has the right people with the right skills in the right roles. It includes talent acquisition, onboarding, performance management, learning and development, succession planning, and retention.
Strategic talent management aligns people practices with business strategy. It focuses on identifying, developing, and retaining high performers and high potentials while ensuring the broader workforce has needed capabilities.
Effective talent management is increasingly important in competitive talent markets and fast-changing business environments.
Practical guidance
How it works
Talent management integrates recruiting, onboarding, performance management, development, and succession planning. It identifies talent needs, acquires and develops talent, measures performance, and plans for future needs.
Best practices
Align with business strategy
Integrate talent processes
Focus on development
Plan for succession
Frequently asked questions
What is included in talent management?
Talent acquisition, onboarding, performance management, learning and development, career management, succession planning, and retention strategies.
Is talent management just for high performers?
While often focused on high performers/potentials, comprehensive talent management addresses the entire workforce, ensuring everyone can develop and contribute.
Related glossary terms
Performance Review
A performance review is a formal assessment of an employees work performance, typically conducted annually or periodically, covering achievements, development, and future objectives.
Succession Planning
Succession planning is the process of identifying and developing employees to fill key leadership positions when they become vacant.
Employee Engagement
Employee engagement is the emotional commitment and connection employees have to their organization and its goals, measured through surveys and behavioral indicators.