A. Appraising and Actively Managing Employees – Talent management requires actively managing decisions like these. The point is that the traditional practice of allocating pay raises, development opportunities, and other scarce resources across the board or based just on performance makes less sense than it used to. Today, employers also need to focus their attention and resources on their company’s mission-critical employees, who are essential to the firm’s strategic needs.
Examples are discussed of organizations who actively manage their employees.