A Supply-Chain Approach to Talent Management

Abstract

Talent management is the process through which employers anticipate and meet their needs for human capital. It is about getting the right people with the right skills into the right jobs at the right time. It is a lot to get right, and few organizations do. The difficulty in getting it right is a problem for firms insofar as talent-management decisions shape firm competencies and success. It is a problem for workers, because these decisions impact their careers. And it is ultimately a problem for society, because these decisions, in aggregate, ultimately affect economic growth and social stability

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