Ineffective talent management creates skill mismatches, increases turnover, and leaves positions unfilled. This lowers productivity, delays projects, and misaligns employee capabilities with organizational goals, ultimately harming business performance. To tackle these challenges, businesses must establish an effective talent management process.
By recruiting the right talent, fostering career growth, and planning for succession, organizations can boost engagement, retain top employees, and align workforce potential with goals. This leads to higher productivity and ensures project profitability, driving long-term success.