Talent identification and management

Talent identification and management consists of the ways by which an organization spots, recruits, retains, and develops talent.

Assess talent pool needs

 * assess the capabilities present in the current members of the organization
 * gauge the capabilities needed by the organization
 * compare the two and determine the gaps

Spot talent

 * identify individuals with leadership potential
 * identify individuals with management potential
 * identify subject matter experts (SME's) and key knowledge holders
 * identify businesses which can improve your own business

Develop talent

 * establish individual development plans

Retain talent

 * establish recognition plans
 * establish reward schemes