Talent Management: Strategies for Success from Six Leading Companies

Appendix: The New Face of Talent Management

Note: The following is a slightly revised version of the Executive Summary of the ASTD white paper The New Face of Talent Management: Making Sure that People Really Are Your Most Important Asset, (2009b). To download a digital file of the complete paper, go to www.astd. org and type “talent management white paper” in the search box.

For companies that are truly competitors in the knowledge economy, what was good enough performance yesterday is rarely good enough today—and will almost never be good enough tomorrow. For most organizations, the best way to meet this challenge is to become human-capital-centric, to focus on making talent their most important source of competitive advantage.

—Edward E. ...