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Talent Management

What does 'Talent Management' mean?

Talent management is an integrated framework that encompasses all aspects of employee development, engagement, and retention to maximize individual and organizational performance. It is a continuous process that starts with onboarding and extends to career development, succession planning, performance evaluations, leadership training, and employee well-being programs. Companies that invest in talent management focus on creating personalized growth plans for employees, identifying leadership potential, and fostering a culture of learning and innovation. Advanced talent management strategies include competency mapping, mentorship programs, employee engagement surveys, and the use of HR analytics to measure workforce effectiveness. A strong talent management approach not only improves employee satisfaction and productivity but also helps reduce turnover rates and ensures organizational agility in an evolving business environment.

List of software with Talent Management functionality