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Showing posts from December, 2018

The Value of Talent by Janice Caplan, Kogan Page.

Talent management has been high on the HR agenda for past few years. It started in 1997, through McKinsey's 'War for talent' study, which identified recruitment as the number one concern for business leaders. Problems were acute due to skills shortage. Talent strategy were focused on improving recruitment at all levels. But slowly it was realized that best way to build talent is to build/develop your own and then came the long terms called 'talent management'. And talent management included assessing , developing, deploying people. There have been considerable debate about whether organizations should have inclusive or exclusive approach to talent. Does is cover everyone or as Chartered Institute of Personnel and Development's working definition suggests, should it focus on those individuals with high potential who are of particular value to an organization? Those who favour exclusive approach generally argue that talented performers are the individuals who are…