7. Talent Management

Talent management refers to the processes used by organizations to attract, develop, and retain skilled employees. It involves identifying individual strengths, providing training and support, setting career goals, and creating a positive work environment. By effectively managing talent, organizations can enhance employee engagement and productivity, leading to overall growth and success. For individuals, this means having opportunities for personal and professional development, which can result in career advancement and job satisfaction. Ultimately, effective talent management benefits both the workforce and the organization as a whole.