Leadership in Action: Issues and Observations - Managing Talent is a Burning Issue in Asia
by Michael Jenkins
MOLDING STRATEGY
So what needs to be done?
At the outset it needs to be recognized that talent management is not the same as succession planning. Talent management, done correctly, is a means to create successful organizations for the future. It delves deeper than succession planning because it shapes—and is shaped by—organizational strategy. An organization cannot achieve what it wants to achieve without the right people to not only execute its strategy but also mold and change that strategy to meet the rapidly evolving business and social environment. Research suggests that over the next five years organizations will emphasize pursuing flexible, emergent strategies rather than sticking to stay-the-course strategies. The people who led organizations ...
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