Problem
I. The devastation of the covid-19 pandemic accelerated the predictions of the 4th Industrial revolutions (4ir) indicating a negative impact of 40% on jobs by 2030. Whilst there was a call for organizations to prepare for the rise of new workforce and the need to develop latent with more hybrid skills and capability, there was general unpreparedness on both organizations and individuals, evident in the increased unemployment and scurry for talent amidst the new normal.
It is commonly held believe in the modern-day Human resources management that talent forms a core sustained competitive advantage for organizations. Although there are many elements to talent, practically, the concept is treated on a continuum, using approaches like exclusive, inclusive and hybrid.
Given the above context provide a critical review of talent management strategies in organizations by discussing the following substantiating your views or arguments
• How would you rate talent and talent management strategies in organizations.
• Evaluate the different approaches to talent management adopted by organizations and discuss the effectiveness
• In your opinion are organizations really to create future-fit workforce and talent pipeline
II. Consider the following scenario
You are talent manager in an organization, where the overall architecture of talent management, specifically development has taken a back seat to recruitment, compensation, and performance management, could you advice on what is driving this trend, the implications, and recommendations.