Talent Management strategy helps managers to evaluate employees sensibly, identify and strengthen core traits in their workers, perceive and develop high potential candidates for leadership, and figure out how to improve their support infrastructure. Effective communication is key to business success. A formal development process at the workplace ensures that thought and resources are given to empower employees to develop their skills through training, to make them more effective at daily responsibilities and stretch goals as well. An effective training process recognizes, holds and develops high potential employees for key and future activity positions. Specialists and potential employees can see this is the place they can create and achieve their aspirations through learning, time and opportunity. The process of education must never stop in life, and this holds true for professional growth as well. Effective talent management allows managers to understand and motivate their employees through their desires and performance in relation to the workplace. Mutual growth goes a long way in establishing a positive and constructive work culture.
Talent management has gained much attention and has become a significant vein in the study on Human Research Management within very recent years. It has converted into a renowned source of competitive advantage and organizational performance from its previous state which was poorly theorized. In the very beginning talent management only attempts to focus on the definition of talent and on the formation of meaning of phenomenon, but as the time moves on it is now theorized as a process and an activity that has any involvement in the systematic identification of important location which differentially contribute to the maintainable competitive advantage of the organization which is grounded on the development and the definition of the efficient employees. These efficient employees are responsible for achieving the organization’s goal.