Talent identification and management consists of the ways by which an organization spots talent and develops it.
Assess talent pool needs
- assess the capabilities present in the current members of the organization
- gauge the capabilities needed by the organization
- compare the two and determine the gaps
Spot talent
- identify individuals with leadership potential
- identify individuals with management potential
- identify subject matter experts (SME's) and key knowledge holders
- identify businesses which can improve your own business
Develop talent
- establish individual development plans
Retain talent
- establish recognition plans
- establish reward schemes
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