Talent planning is deciding, ahead of time, what people your business will need and how you will get them: by developing the people you have, hiring new ones, or both. Done well, it means you are not scrambling to fill a gap after someone resigns or a new contract lands. It matters more now because […]
We’ve made considerable progress in the domain of talent management since 1997, the year when McKinsey & Company introduced the term “The War for Talent”. Today, almost all major organizations have some kind of talent management strategy in place, which is based on the competency model they’ve created; to align all the sub-functions of HRM […]
