Chapter 1

Why is talent management so important for business?

Introduction – effective talent management

Any organisation can buy more computing power, copy a competitor’s business model, move to digital channels for business or relocate to the latest fast-growing market. However, none of these strategic actions will make an organisation successful if it isn’t employing and retaining the right type of people. Having the right talent to support the organisation’s strategic goals is about the only sustainable competitive advantage a company can create and maintain. Talent makes or breaks businesses yet its value as a critical business asset is rarely measured and, even more rarely, fully understood. This book is an attempt to change that, even ...

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