Is talent management a tough job in a knowledge industry

Management of talent is a tough job because, talented people always raise questions and diverse views which many managers find it difficult to face.Hence aged and experienced managers provide little room for talents to settle in the industry and compel them to resign. Only those who are loyal to the boss is easy to manage; rest are a difficult job

There is a dichotomy.  "Are Talents Managing the affairs of the Company" or "Are the Talents are Managed by the Company"?  In the second case, the company should strive to handle the talents properly and try to assimilate their wisdom in a systematic way for them to get imbibed by the juniors.  Poaching of talents is the major hurdle that every corporate is facing, which is unavoidable. Talents are like "vortex rings", if uncared for, will disappear in thin air.  It is the duty of the HR Managers to handle them without kindling their ego or super-ego and play a balanced game to retain them.

The very presence of Tendulkar in Indian Team boosts the morale of other players and disturb the alignment of the opposition.

Yes true that talent retention is a difficult area.Its because the same talent is required by the competitors who are luring them through different means.And its an anomaly that we think talent can be retained through pay packets only.In reality talent wants to grow.So the organisation also grows with it.Now to keep them with you ,the organisation has to give them proper atmosphere where they can grow.It is through giving them opportunity to enhance their skills and by giving them good quality of life.It is indeed tough as talent retention is for all the spaces in the organisations.It may b HR,Marketing,Logistics etc.So its almost impossible to execute it in full.Some of the people will definitely drain.Is relatively possible in a small organisations.Ths y these days small niche players are doing good in retaining people.

I feel that talent management is really a tough job. When we talk about talent management from the perspective of some big organisation, then, it is really a tough job. The top management in a company may be able to handle few people who are close to them. But, managing talent in an organisation through few department heads or people, is a difficult job. Then, the management should engage right people to the top positions and also should inculcate the habit of respecting and recognising talent in everyone in the organisation.  When we talk about talent management from the perspective of each person or individual, then, it may not be tough job. But, talent management from the perspective of big organisations or companies, is bit difficult.

Talented people are the stepping stone for the growth of any organisation. Without good talent we can not imagine an organisation to grow and develop. So the organisation should value these core group of people. They need to retain them as long as possible. Try to figure out what are the factors /issues/tools are there which can prevent the attrition of this core group. In this competitive environment, every organisation should strive to be aware and recognise this pool of talaneted people with in and outside of the organisation.

That is why the terms like employee engagement, employee retention and employee satisfaction have come into the picture. Organisation should ensure the best practice of these terms.

Talent management within an organization is a HR priority.  Talent management in general is a symbol of system failure.  Talent development and management is a great topic of interest to me.

I will confine this response to talent management within an organization.  First and foremost, prized talents should not be made to perform such tasks which are not related to their talent area.  Allow them to relax if they do not have talent related tasks.  Allow them to enhance their skills during this time.  No body would like to sleep in the office if they do not have tasks to do.  Allow them to create intellectual assets during this period for the company.  To do this, they need to be given all assistance and freedom.  Finally, allow them to train others in the talent area.  Give them freedom to select candidates for training, arrive at training modules, evaluation criteria etc. 

If a company can build a product or service around its talent pool, it is much better. 

If a company knows how to respect talent, talent gets managed automatically.