Talent Management: Strategic Approach in Organizational Success

The assignment explores the importance of talent management within human resource management, emphasizing its role in recruiting, retaining, and developing top talents. It highlights how talent management is integral to organizational success, serving as a key business strategy to outperform competitors. The document examines the relationship between organizational strategies and talent management, noting that strategic initiatives like planning, organizing, staffing, directing, and controlling are essential for optimal workforce management. Talent management contributes significantly by grooming employees and fostering organizational behavior, which in turn supports achieving strategic goals such as increased operational efficiency. This relationship is crucial as stakeholders recognize employee skills as vital to profitability and overall organizational success. The references provided include Armstrong's handbook of human resource management practice, a talent management handbook by Berger & Berger, a review on strategic talent management by Collings & Mellahi, and strategy-driven talent management edited by Silzer & Dowell.