ComparisonWorkplace

Talent Management vs Talent Development

Talent management is a broad organisational approach to attracting, identifying, developing, deploying and retaining people in ways that support organisational objectives.

Talent development focuses more specifically on helping people grow their capabilities.

Talent Management Can Include

  • recruitment
  • selection
  • succession
  • workforce planning
  • retention
  • internal mobility
  • performance processes

Talent Development Can Include

  • training
  • mentoring
  • coaching
  • career development
  • leadership development
  • skill-building
  • experiential learning

The two are connected.

An organisation may identify an employee as having strong leadership potential through talent-management processes.

Talent development then asks:

How do we help this person develop that capability responsibly?

One identifies and manages talent.

The other helps expand it.

Learn About Penagix for Organizations

See how Penagix supports workforce development.

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