Talent Leadership - Essay Example

The model below presents the critical elements necessary for high-performance talent leadership in today’s globally competitive and rapidly changing work environment.
In reference to the studies conducted by (Cunningham 4-5), he noted that the main difference between a talent manager and a talent leader is that a talent leader manages better the key functions of talent management and strategically realigns the talent within the company with the company’s strategic objectives.
The above model shows the key elements for high-performance talent leadership; the center circle shows the main elements that are usually involved in talent management and the other four elements pointing to the circle show additional elements to achieve high-performance talent leadership. (Cunningham 5-6) stated that talent leaders apart from managing talent also realign individual goals with the corporate strategy. Secondly, they share organisation’s information and collaborate with the employees to increase performance. Thirdly, they focus on creating a highly skilled internal talent pool to enable easy future succession and replacements. Lastly, talent leaders reward employees based on their performance to boost their morale.
The additional elements of talent leadership make the model unique since it enables an organisation to build and fully utilise its talent pipeline in a way that can boost an organization’s performance. Moreover, the additional elements, which reinforce talent management practices differentiate the model above from other talent leadership models, which only focus on improving the core functions of talent management that include, attracting, engaging, retaining, and developing talent.
Equally an organisation will have a competitive human capital that can further strengthen its position within the market thereby giving it a return on the investment made on talent leadership. Read More