We attended HR Tech this year, as did many of you. The big buzz at this year’s HR Tech conference was…what is the current state of Talent Management?
The last year has seen a subtle change in what is defined as a Talent Management Solution. HR is now becoming aware of the need to a functioning business unit viewing talent as the key commodity within an organization and by marrying talent information and business analytics can become an essential strategic business partner. The questions posed at this conference were "'is it enough to have an applicant tracking product and a performance management product and an e-learning product? Can these products alone guarantee that HR can operate as a business unit and maintain and grow the talent within the organization?"
The answer as presented at this conference was that the talent management suites first presented over 3 years ago are fast being regarded in the same way as separate applicant tracking and performance management products were in years past. That the solutions of tomorrow will be business driven not HR driven. That talent will be the true differentiator and growing, mentoring developing and retaining talent will be a key to business success. What's your take? Is it more big wishful thinking or have the days of true talent managment arrived?
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