What is Talent Management?
The term is often used and most managers don’t really understand what it means. Ask 5 different CEO’s the same question, and you will get 5 different answers.
The same might be true of other phrases and sayings bandied about the boardroom, we get drawn in to the “management speak” without fully understanding the definition.
I expect if you take any specialist area you will have the same issues. I can recall a consultant psychiatrist telling me he was often called upon to give expert evidence in court, and his opinion could be in complete contrast to another learned psychiatrist appearing for the other side.
It’s all about opinion he said, and rarely will 2 psychiatrists agree.
Thankfully, things are not so polarised in HR circles, where most people agree that recruiting, retaining and motivating staff are the key issues for any organisation.
As Executive Search consultants working for key clients on a global basis, our ability to attract the best people into an organisation is to make sure your Talent Management strategy is not only determined and agreed at the highest level, but to make sure the same message permeates throughout the company.