What is a talent management strategy?

A talent management strategy outlines how an organization intends to attract, develop, and retain top talent. It addresses challenges at different phases of the talent lifecycle, from revising recruitment practices to increasing retention. A strong strategy gives HR and leadership a focused plan for where to improve and how to make those improvements last.

What is talent management?

Talent management is the strategy of how companies find, develop, and support the people who drive their business forward. It covers the entire employee lifecycle, including onboarding, performance reviews, learning opportunities, internal mobility, and long-term career growth.

What are the key components of talent management?

Talent management includes workforce planning, recruitment and onboarding, performance management, learning and development, engagement, and succession planning.

What is a talent management process?

The talent management process is a step-by-step approach to attract, support, and grow qualified people into leaders. It typically involves workforce planning, strategic hiring, structured onboarding, team engagement, continuous development, and succession planning.

What are the objectives of talent management?

The main goal is to build a workforce that’s engaged, capable, and aligned with the company’s mission, by attracting skilled professionals, encouraging a sense of belonging, and supporting ongoing development and leadership growth.