Questions on Talent Management

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Determine which performance management process you will employ to measure talent. As mentioned in detail below, the balanced scorecard is a great process used to help measure talent. The balance scorecard is not biased, as it is based primarily on factual information. This abates the influence of personal preference in regards to the measurement of talent and subsequent promotions. Furthermore, the balanced scorecard provides a means to which an individual can ascertain his or her strengths or weaknesses. Through this self assessment, the individuals can alter his development or training to better progress his or her skillset. Analyze the key concepts related to the talent pools and the talent review process. The first key concept related to talent pooling is the notion of succession training. Inevitably, personnel in leadership positions will leave to pursue other endeavors. Subsequently, appropriate talent must be trained in order to help foster continued growth within the particular business. Talent pools first help identify the available talent with the company. This talent pool usually consists of an assessment of available candidates in regards to their skills and abilities. Many individuals within a company vary in both their functional expertise and their ability to appropriately use their particular expertise. Talent pools help identify these candidates to insure continued growth of both the business and the individual. The concept of the talent pool is to

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