The CEO’s Guide to Talent Management

By: Audrey B. Smith, Richard S. Wellins, and Matthew J. Paese I Publisher: Development Dimensions International I Published: 2008 I Resource Added: 2013

This article for business leaders explains that a company’s business performance depends on its talent management, so the CEO must play an important role in talent strategy and management. The authors discuss several key points that CEOs should note: a CEO’s vocal support and involvement in talent management is key, an organization’s talent strategy draws from its goals and the resources needed to reach those goals, organizations need to identify the most critical roles and develop talent pools for those roles, assessing leadership potential should not be a “gut” decision but should be rooted in data, and distinguishing between performance, potential, and readiness leads to better succession planning.