This part of a Talent lecture series. Though most slides are self explanatory, some slides may need talk through. In case you are interested in discussing this topic further, please feel free to reach out to me.
Talent Management is a set of integrated
organizational HR processes designed to
attract, develop, motivate, and retain
productive, engaged employees. The goal of
talent management is to create a high-
performance, sustainable organization that
meets its strategic and operational goals and
Source – Johns Hopkins University
Talent Management Model
• What is the basic unit of all life on Earth?
– Like Carbon, businesses need to identify the below
• What is the basic component of TM?
• Most would say People, but in today’s world steered ahead by technology, we
are on the verge of looking at Competencies as the basis of TM. This is
because, machines are replacing people in many areas and soon, algorithms
would work in tandem with people to create ‘Critical relationships’ that would
be more capable than people working in singularity.
• Since businesses are hinged on critical capabilities, ‘critical relationships’, that
result in competencies, and not people, will become the core of Talent
WAR FOR TALENT
According to a yearlong study conducted by a
team from McKinsey & Co. - a study involving
77 companies and almost 6,000 managers and
executives - the most important corporate
resource over the next 20 years will be talent:
smart, sophisticated businesspeople who are
technologically literate, globally astute, and
operationally agile. And even as the demand
for talent goes up, the supply of it will be
Source - McKinsey