The term “talent management” identifies the attempts of an entrepreneur to attract, appoint and motivate workers to get a long-term relationship with the firm.
Though talent management is considered mainly an HR management job, commitment and the involvement of the CEO and top management are equally important.
Individuals at the top of hierarchy should address the needs of workers through corporate policies that are adaptive, investing in their future by fair performance-based promotions, and caring for their families by providing insurance covers as well as other advantages.
Let’s discuss some useful hints for the CEO to ensure successful talent management. Continue reading “How to Develop Talent Management Strategy”