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Talent Management: The New Silver Bullet?

In corner offices and boardrooms across the globe, a new weapon is reemerging in the executive arsenal with powerful implications for driving and even predicting business success: Talent Management. Variously called human capital management, employee relationship management and workforce management, among others, talent management is not a new concept, but one that in the past corporations have not been prepared to embrace. In most companies functions such as recruitment and succession planning, learning and development, performance management, workforce planning, compensation and other HR or training functions have often been sequestered in departmental silos. So why has talent management suddenly recaptured the imagination.

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