The HR Planning Process: Succession and Workforce Planning
In our previous post, A Comprehensive Definition to Talent Management, we proposed that a more effective notion of TM is:
“Talent Management is the business process that continuously meets our needs regarding timely access and use of talent in highly effective business driven ways.”
At the simplest level, we can think of meeting our talent needs through internal and/or external talent sources: staffing or contracting in one form or other.
Workforce and Succession Planning efforts are internal TM activities. That focus on the “inventory management” aspects of TM. They both deal with ensuring orderly replacement of talent as these needs arise.
06 October, 2011
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