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Talent Management
Term Used Globally

Talent Management

Interconnected human resource processes designed to source, attract, select, train, develop, retain, promote, and move “regular employees” (as opposed to contingent workers) through an organization with the aim of improving revenue, customer satisfaction, quality, productivity, cost, cycle time, and market capitalization. The major aspects of talent management normally include recruiting, performance management, leadership development and workforce planning/identifying talent gaps. (See:Workforce Management, Total Talent Management)


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