Talent 4 step

Human capital is arguably the most important asset of any business.

By definition, Human capital (i.e. “Talent“) encompasses a company’s stock of competencies, knowledge, skills, abilities, creativity and experience, combined to ultimately accomplish the achievement of desired organizational goals and objectives.

As indicated by the diagram, an ideal Talent process flow starts with the business plan, followed by sourcing, development and then retention.

This cycle remains an ongoing progression as the business operation utilizes succession planning to realize ongoing, continuous talent development and improvement.

Upcoming blogs will delve into specifics surrounding each of the individual talent four-step components

Regardless, the model is fairly self-explanatory and should be implemented by everyone interested in optimizing their talent management methodology.

Consider how your current routine aligns with this approach?