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Talent Management is a purposeful organisational strategy used to identify and manage individuals who have a positive and superior impact on organisational outcomes, possess unique capabilities that are difficult to replace and are essential to the functioning of the organisation. With this emphasis, it is clear that aligning Programs with Organisational Strategy is a must-do Director item and the Corporate Human Resource Strategy and Objectives must enable Capability.
To achieve alignment with the organisation, Team Composition must be considered to develop effective multiples where possible (and reduced to Independent roles when not), and Organisational, Division and Team Culture(s) must be understood. Individual development is at the heart of performance and is owned by the individual.
Here are just a few headlines that highlight the need for proactive capability management, before the issues manifest themselves:
Another CISCO boss departs as CEO addresses executive exodus, outlines sweeping changes
COC names interim CEO after Overholt's abrupt departure
Josh Lopez Emporuim Hotel departure leaves costly mess for owner
Infosys sees yet another top executive exit in prolonged leadership churn
Dropbox investors spooked by key executive departure
CEO departures can wipe out billions from a company's value
IndiGo loses another executive ahead of expansion
Expedia CTO is leaving in another big executive departure
Mystery surrounding resignation of former Quintis boss deepens amid ASIC probe
String of senior NT police sudden departures taking a toll on morale
Roth Capital Shares Two Cents Following Departure of CFO
Not for profits weather surge in turnover of top execs