Technology and talent

Abstract

PurposeThis paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsChange is a constant factor in today's business world. Technology continues to play an important role in driving change and in helping organizations operate successfully in the wake of ever‐intensifying competition. The demand for talent has naturally soared as a result, making it imperative to identify, nurture and manage top‐performing employees more effectively. In many firms, the response has been to increase the emphasis on mentoring. Leaders are increasingly utilizing this strategy in their quest to achieve knowledge transfer, leadership development and succession planning objectives. Of course, it's rarely that simple. Setting up any mentoring program involves the often arduous job of finding suitable applicants, then matching them with the right mentors. Program content must be appropriate. Ditto its goals. Then there's the necessary evaluation to ascertain the program's effectiveness. And all this must be customized to fit the requirement of the company in question. Sure sounds a pretty daunting challenge.Practical implicationsThe paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.Originality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.