Talent management is a vital component of organizational success. A company achieves significant competitive advantage when it takes a strategic approach to developing the strengths and capabilities of its existing workforce to meet current and future business needs. Strengthening performance involves improving the alignment of individual competencies and career goals with organizational goals and talent needs. This creates a progressive and self-driving workforce and helps the organization achieve improved employee retention, satisfaction, and performance while fostering a strong sense of purpose and commitment to the organization. It also helps to reduce retrenchment costs; boost productivity and positively impact profitability. This paper examines how to achieve better results through performance-strengthening programs, drawing upon the expertise of Margaret-Ann Cole, Vice President of Talent Development at DBM and Robert Vulpis, Executive Director of Learning and Development at Morgan Stanley.
