What Is Talent Development?
Talent development can be defined as the strategic approach of improving the skills and competencies of the employees and their career development using training, coaching, mentoring, and learning programs. Organizations invest in talent development to develop the leadership capability, enhance the performance, and retain the high-potential employees. It aims at matching personal ambitions with organizational interests to produce media-savvy workers. Succession planning, capability development, and in-service learning are also part of talent development, and these initiatives aid employees in growing professionally as well as enhancing the overall organizational competitiveness.
Examples
- The company improved internal mobility through a structured talent development program.
- Talent development initiatives helped employees gain critical leadership skills.
- HR created a talent development roadmap to build future-ready teams.
Similar Words
- Employee Development
- Leadership Development
- Workforce Capability Building
- Learning and Development (L&D)
- Professional Growth Planning
