Purpose – Business has always been dependent on talent to drive performance. But as the war for talent heats up the competition for talented employees is at an all time high. Driving widespread adoption of a talent management mindset and utilizing the second generation of the web are vital to success. The purpose of this paper is to outline methods that organizations can use to attract and retain talent to beat the competition. Design/methodology/approach – The paper demonstrates the efficiencies that can be gained by focusing on a talent management system implementation at DeticaDFI. Findings – Talent is defined as an ability or quality possessed by a person in a particular field or activity. In business it is also recognized as the only true and sustainable competitive advantage. As the criticality of attracting and retaining the best people has increased, so has the necessity to manage talent holistically on a unified and business‐centric talent management platform. Talent management is evolving to become a series of complex HR processes combined to make sure you have the right staff, in the right role, doing the right things. Originality/value – Talent management is emerging as a fundamental element of business management. With this in mind, this feature will look at the need for talent management and how organizations need to adapt their mindset and processes if they are to attract and retain the next generation of talent.
Strategic HR Review – Emerald Publishing
Published: Apr 18, 2008
Keywords: Recruitment; Business performance; Skills; Assets management