Running head : THE TIPPING POINT FOR TALENT MANAGEMENT 1

The Tipping Point for Talent Management

Strayer University

THE TIPPING POINT FOR TALENT MANAGEMENT 2

Abstract

Talent management has changed so much over the years, due to the economic

environment. This paper will attempt to explore some of those changes and challenges

for talent management. The emerging set of new practices is moving talent management

to its tipping point.

THE TIPPING POINT FOR TALENT MANAGEMENT 3

Discuss how the economic environment has influenced the need for talent

management practices.

Today, talent management plays a critical role in contributing to the

overall productivity and strength of an every organization. Human Resources managers

are trained individuals who motivate employees to meet organizational objectives while

maximizing employee satisfaction. Over the last few decades, HRM has become

extremely important to the world of managing groups of people. Maslow, Herzberg and

others have contributed to the success of human resources, by helping managers to

develop an understanding of human relations.

The economic environment has influenced the need for talent management

practices because many businesses are experiencing organizational change. Throughout

the tough economic environment businesses have examined old talent management

models that once were successful and applied