Talent Management

INTRODUCTION

• Talent management is a critical function in identifying and

retaining key employees.
• Increased importance with the growing competitiveness in the
environment.
• Long term sustenance of organization needs a regular sequence of
able and experienced leaders.
• Necessity to build a “leadership pipeline” – ensures carrying
forward the business objectives.
• Shortage of skilled and talented employees, hence the need to
retain internal talent.
 Prediction challenge regarding high potentials

• Managers and executives need three key skills in order to make 
successful predictions : 

– The ability to see into the future and anticipate the types of future leaders (or 
experiences, skills, and abilities) that will be needed for future organizational 
success    
– The ability to accurately assess current employees in the organization    
– The ability to gauge an individual ’s  potential for future growth and 
development    
Corporate High potential survey, Silzer and 
Church, 2011
Definition of 20 surveyed companies, Silzer and 
Church, 2011
LDT‐Leadership development tool