The process of finding, attracting, developing, and keeping talented employees who are crucial to an organization's success is referred to as talent management. It refers to devising and putting into action strategies that place an emphasis on identifying and cultivating employees with high potential, as well as providing them with opportunities for career advancement and growth within the company. Recruitment, performance management, training and development, compensation, and succession planning are all included in talent management.
As businesses try to find and keep the best people in highly competitive markets like the UAE, GCC, and KSA, talent management has become more and more important. To prevail in ability the executives, associations should have an unmistakable comprehension of their ability needs, as well as the abilities, information, and experience expected for progress in their industry. They must also have efficient systems for managing talent, which include tools for finding and evaluating talent, providing opportunities for training and development, and designing career paths that are in line with the goals of the company.