Talent Vs Talent Management Essay

1287 Words6 Pages
Most organisations are now focused on developing new and exciting tools to make their business succeed due to an uncertain economy. To develop their products, it is compulsory having both good talents and technologies and hence, it will bring the organisations to be differentiated each other. However there is increasing number of debates whether company is differentiated by talent, not technology or not around the world. This essay will talk about that the talent will differentiate organisation in this decade and this statement will be supported by following things such as; the differences between talent and technology, disparity of talent and technology management, advantages and disadvantages of talent and technology management, an interview by the C.E.O of Korean wine factory and a survey. A group of persons with special ability or a capacity for achievement or success are referred to talent. One of human resource managements called Talent management has become very important to the organisations nowadays. The process of attracting, selecting, training, developing and promoting employees through the organisations are activities including in Talent management. In most companies, finding the “high- performers” which is also called as talent, is found by the managers in the company, not by C.E.O. The manager will focus on developing talent and ensure their employees have the tools and resources they need to perform well. In addition he or she will figure out proper compensation and transition to leadership roles. Employees who are selected by managers to be developed leaders are valuable assets to organisation as their necessary capabilities in the company will be developed as time goes by. Moreover communicating between... ... middle of paper ... ...eam. People also made comments that the team must be competent to get the best results. In addition seven people believed that capital is crucial to the success and survival all business and two people answered that network will bring a company successful. Thus according to these results, there is widespread agreement that talent is more important fact to make the company different as differences make company to be succeeded. Furthermore this statement is also proved by the results that fourty three people have agreed that company is now differentiated by talent, not the technology. People advised that talent is unique and it is difficult to replicate by minimising control mechanisms where technology is easy to replicate On the other hand, even though a majority of people agreed the statement above, people suggested that both talent and technology are important.
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