Talent management means putting in place processes to: attract, identify, develop, engage, keep and deploy individuals valuable to an organisation. To be effective, it needs to align with strategic business objectives. Strategic talent management has several benefits: it builds a high-performance workplace; it fosters a learning climate; it adds value to the employer brand, and it improves diversity.
For these reasons, people professionals consider talent management to be a key priority. The CIPD Profession Map recognises talent management as one of the special knowledge areas within the people profession and sets out the expected standards to follow.
This factsheet looks at the context of 'talent management' and its compelling benefits.
This factsheet was last updated by Giorgia Gamba Quilliam: Learning Content Manager, CIPD
Giorgia designs, develops and manages learning content at the CIPD, including digital courses, factsheets, podcasts and web content. She was instrumental in developing the first ever fully digital qualification delivered in partnership with AVADO, which won both a Training Journal and a Learning Technology award in 2016.
Exploring the construct of ‘talent’ and subsequent talent management in an organisation
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