Is talent management important? An overview of talent management and the way to optimize employee performance

Abstract

In today’s global business environment, talent management becomes one important source of competitive advantage that creates value for all companies. Hence, leaders in any organization work very hard to attract, hire, develop and retain talent. Because they believe that people are the only assets that innovate in any organization and innovation is the only path to sustain performance, therefore, managing talent will give some advantage to their company. Furthermore, managing talent must be continuously reviewed, so that the company can capitalize on its talented employees to grow, find the best fit, and expand into new markets. Therefore, talent management needs to be given great effort in every organization and its psychological outcomes need to be debated in order to optimize employee’s performance.