Talent Management Meaning | What is Talent Management in HRM? | UBS
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Talent Management

What is Talent Management?

Talents Management is an organized and strategic process of getting the right talents onboard and helping them grow to their full potential while keeping the organizational objectives in mind.

The talent management process involves identifying the talent gaps and available vacant positions, sourcing, and onboarding suitable candidates, growing them and developing the required skills, training with a future focus, and efficiently engaging, retaining, and motivating them to achieve long-term goals.

Components of Talent Management

  • Align candidate goals with larger business objectives
  • Fulfilling employee expectations and delivering hiring promises
  • Using data to make better workforce decisions.

Talent Management Process

Recruit > Hire > Develop > Engage > Perform > Recognize > Plan

Also, See: Talent Acquisition

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