talent-management

Vocabulary Word

Definition

'Talent management' is like being a coach for a company's staff. It involves selecting the right people for jobs, helping them grow in their roles, and planning for the future by figuring out who could step up if someone leaves or retires.

Examples in Different Contexts

In human resources, 'talent-management' refers to the strategic approach to attracting, developing, and retaining employees. An HR director might say, 'Our talent-management strategy focuses on employee engagement and career development paths.'

Practice Scenarios

Business

Scenario:

We have a high turnover rate in our sales team. We should look at ways to make our company a more appealing place to work.

Response:

Good point! To solve turnover, maybe we could enhance our talent management strategy by improving our rewards and recognition program?

Tech

Scenario:

We're struggling to find skilled programmers. We might need to reconsider our recruiting practices.

Response:

Agree. We could look into a talent management program specifically geared towards sourcing and retaining top tech experts.