A person can be advantageous because of his natural ability in one scenario but not necessarily in others.
This means that in order to be successful that person has to be placed in a right role within an organization so that his abilities and capacities can manifest as talent to drive the success of the business.
Talent is specifically opposed to hard work or determination, implying that skill is primarily a mix of natural talent and hard work, in various proportions and quantum.
Likely, talent is very much an idea or a skill that some people learn faster, more effortlessly, and with greater effect.
There has been a paradigm shift in the business environment across the world which has led to a growing demand of more efficient and phenomenal results from the scheduled operations and routine activities.
This applies primarily to the field of human resource management which stands accountable for the acquisition, development, utilization and retention of the human capital.It therefore falls under the Management, specifically the HR Division, to situate candidates with discretion and prudence simply because a wrong fit can result in additional hiring, re-training and all such wasteful activities.“Talent management” is a complex assortment of associated HR processes that delivers an easy elementary benefit for any business (SHRM, 2009).These elements, coupled with the requirement to align workers directly with business goals, compel HR to progress from policy formation, cost diminution, process competence and risk management to lashing a fresh talent frame of mind in the organization.Therefore, talent management is an ongoing process that provides the optimal personnel for a particular business.Under this role, HR performs as the strategic enabler and a catalyst of talent management processes that empower the managers and workforce whilst developing business value.Taleo’s graphical representation stresses upon the mandate of talent management to be responsive to the organizational goals and accordingly be the driving force behind the business performance.This describes the aim of the entire talent management process.It underscores that talent management rather than being aimed at an individual focuses on the entire organization so as to ensure that the firm is able to achieve its set targets for both, the present and the future.These issues were further underscored by the fact that 54% of the respondents agree that talent issues have an influence on overall productivity and that there is a clear linkage between talent management and industry performance. HR BPO 2005 Vendor Analysis: The Evolving Landscape, 37% of U. HR outsourcing expenses in 2004 was on HR and talent management services.HRVote, Human Resources magazine’s online voting forum reported that 44% of the respondents implied talent management and succession planning was a considerable challenge. Several taxing workforce problems confront HR, counting: This necessitates novel thinking and a new charge to achieve success in an industry.