The Eight Steps Of Demystification

Talent management is the ability and commitment of an organisation to recruit, retain, and develop the most superior and highly talented employees available in the job market, while taking into account widening skill gaps, demographic shifts and effects of several generations present in the market today.

- Neeru Mehta

With changing times, organisations have increased their focus towards the well-being and personal growth of their human capital. However, for every other brand, creating an image as the "employer of choice" remains to be a consistent challenge. Such a gap is owing to the lack of understanding on the change in desires and aspirations of employees. The factors contributing to such changes include market competition, disruptive technologies, infinite employment opportunities and many more. Therefore, an organisation should have a clear, targeted, and a well defined talent strategy in order to be successful with its objectives. It should have fully developed and integrated talent activities aligned to the brand's vision and mission. The emerging focus towards the new era of talent management is a major step towards managing human capital. Talent management is the ability and commitment of an organisation to recruit, retain, and develop the most superior and highly talented employees available in the job market, while taking into account widening skill gaps, demographic shifts and effects of several generations present in the market today. Today, the big question haunting every organisation is - how to create a well-defined talent strategy? Few important elements which can provide us with the roadmap for an effective talent management exercise are: -

1. Strategic Talent Planning