Advantages & disadvantages:
ADVANTAGES
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DISADVANTAGES
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Challenges and Opportunities:
- Companies need to recognize that applications and technology alone can not address the entire talent management challenges. Getting the support from every department can be a challenging task.
- Talent management process demands to have the involvement of business process owners who have the authority to break down organizational silos. Proper communication needed from every front to deal with the circumstances more effectively.
- At certain circumstances, companies may not be prepared internally to deal with the looming talent shortages and critical skills needs.
- Successful orchestration of business and talent starts with a holistic talent management plan but practical implementation involves top management consideration and support.
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