There are three major trends which are impacting the effectiveness of talent management, according to leadership expert Don Tapscott, who said organisations and their HR leaders need to seriously rethink their approach to talent in light of these changes.

“Everything we think is true about talent management, is becoming untrue,” said Tapscott, who has authored or co-authored 15 books with a focus on where the world is heading as civilisation fundamentally reshapes itself.

“If you look at talent management today and you ask a HR person what that means, they may give a lot of high-level abstract, important, meaningful views of that.

“It really comes down to a series of functions – all of which are being obviated. There’s recruitment, there’s training, compensation, supervision and retention. These are the big ones.”

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