No resource is of greater importance to an organization than its people. An organization that has a talented employee and knows how to use it for its good and the talented employee's is a winner.
Talent management. That quintessential, most valuable element of an organization's strength is sometimes overlooked. This is because organizations sometimes become too busy to identify and nurture the talent it has on hand. Many organizations make the mistake of scouting for a commodity that they have in their own midst without realizing it. They end up paying a steep price.
But first, what is talent management? Talent management may be described as the ability of an organization to spot and develop special abilities in its employees.
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