Effective Talent Management: A Vital Strategy to Organizational Success

Nowadays, talent management has become an essential priority for modern organizations, and organizational success is directly related to talent that is used. Talent management refers to the process by which the organization identifies employees who are capable to play leadership role in future. For talent management initiatives to be effective, organizations need formal processes, with many people involved and with strong links between leadership and talent to translate into specific organizational value-based behaviors. Organizations focus on talent management causes them to successfully attract, retain and develop their essential talents. The study is recommended the managers succinctly improve talent management in workforce by different ways for promote organizational success, because they have the mission to contribute to the achievement of organizational goals. While Talent Management has been acknowledged to be a critical success factor for organizations, there are not many scientific studies on the subject. In spite of a greater need for scientific researchers, organizations must allocate sufficient resources and specific attention to talent management for their survival.