Talent, Performance, Training and Development - Introduction

Welcome to the lesson - Talent, Performance, Training and Development! Talent management is integral to organisational success. Talent management strategies are employed by all businesses, with the aim of being successful through benefiting completely from the people they employ. Therefore, it is important to understand how essential attracting, developing and retaining the right individuals, can be for a firm.

Strategic talent management is key to organisational success, as it allows for a proactive as opposed to adopting a reactive approach. This can promote long-term plans and also refine competencies associated with specific firms.

After completion of this chapter, you should have a comprehensive overview of talent management approaches and important practices. This chapter will begin by providing an outline of what talent management is and why it is important to organisations. This will then be followed by a discussion of training and development approaches and theories, Performance management, monitoring and control and other important aspects of this topic. Finally, a chapter summary is presented.

Below are some goals and objectives for you to refer to after learning this section.

Goals for this section

  • To understand the importance of talent management for businesses
  • To understand key talent management approaches and practices

Objectives for this section

To be able to:

  • Identify key talent management approaches and understand the key stages.
  • Possess an overview of Talent, Performance, Training and Development Management.

Begin the Lecture