Many countries around the world are faced with current and pending talent shorgages. In developed nations,an anging workforce---coupled with years downsizing and underinvestment in workforce development—has created a siuation in which many organizations are competing with each other for a shrinking number of younger workers. In developing economies business growth exceeds skilled labor supply.
? One way to meet this challenge is for employers to establish and implement systematic succession planning and talent management programmes. This programmes provides the elements of systematic talent management and goes beyond that to describe the latest developments and unfolding trends