Talent Management in Twenty first century

Introduction In today‘s challenging business environment of globalization and competition becoming intense, organizations have mounting pressure to be very competitive. Over the years, creation and protecting knowledge has become a key tool in accelerating competitiveness, and enhancing organizational capabilities to respond to market changes (Bryan, 2004). Most organizations, rather than being constrained by capital, companies are typically constrained by talent, and at any given time need the right talent to execute effective strategies (Gebelein, 2006) . Hence, m any companies desire to hire employees with outstanding qualifications and skills, while other organizations would develop their workforce efficiently, to compete with competitors. This has become an important theory in current management approaches and strategies of organizational change. Therefore, in order to attain organizational objectives, talent becomes a competitive factor and managing and developing...