With notably low unemployment rates and an increasing talent shortage in the technology industry, employers are shifting away from relying solely on external talent pools. Talent management allows organizations to nurture existing employees in order to promote and fill roles internally. Talent management that leads to internal mobility allows companies to hire faster, cut costs, and increases company culture. Susan Heathfield’s article “Why Talent Management Is an Important Business Strategy to Develop”, provides an in-depth analysis of talent management as well as a detailed breakdown on integrating TM into your company’s hiring process.
Check out the article here: Why Talent Management Is an Important Business Strategy