The State of Talent Management

Talent Management arose in answer to organizations’ needs to "compete on talent." In the latter half of the 1990s, a war for talent erupted and then clearly waned in the early 21st century, cooled by the slumping economy and global security concerns. However, in the near future, the real battle to attract, develop, motivate and retain talent will heat up again. The aging population— a ticking demographic time bomb—combined with greater demand for skilled workers and leaders will make talent management a top priority for organizations for decades to come.