"Talent" Identification and Development

The identification and development of "talent" in an organisation is one of the key functions that will determine it's success. The model below provides people managers with a system to identify and then develop staff for future elevated roles.

The most valuable assets of a 20th-century company were its production equipment. The most valuable asset of a 21st-century institution, whether business or non-business, will be its knowledge workers and their productivity."
Drucker, 1999

Staff are plotted on the graph based on their performance and potential. For those that fall in the "prepare for future role" category there are three further considerations:

• Is the person ready now?
• Will the person be ready later?
• Is this person a long term project?

Once you have identified the time frame for the progression of the staff member a detailed development plan should be produced with all senior management aware of the individuals goals.