Talent Acquisition and Talent Management are two related but distinct functions within human resource management.
Talent Acquisition refers to the process of identifying, attracting, and hiring qualified candidates for a specific job or position within an organization. It involves several stages, including job analysis, sourcing, screening, interviewing, and selecting candidates. The goal of talent acquisition is to find the best possible candidates who possess the skills, qualifications, and experience required for a particular role.
Talent Management, on the other hand, refers to the process of identifying, developing, and retaining top talent within an organization. It encompasses several functions, including recruitment, onboarding, training and development, performance management, and succession planning. The goal of talent management is to ensure that the organization has the right people with the right skills and expertise to meet its current and future business needs.
The main difference between talent acquisition and talent management is that talent acquisition is focused on identifying and hiring top talent, while talent management is focused on developing and retaining top talent once they are hired. While both functions are critical for ensuring that an organization has the right talent to achieve its goals, they have different objectives and require different strategies and approaches.
How can we help?
We have a unique approach to Talent Acquisition and Management.
We believe in doing Enneagrams when assisting our clients in building high performance teams and so we also adopt the approach of doing them with shortlisted candidates so we can take a step closer to finding the exact right candidate to slot into an existing team.
Talent Acquisition is not just about finding the person with the right skill – it’s equally important to find the person with the right typography so as to not upset the delicate balance of existing teams and to ensure the Talent Management phase is not doomed for failure with the wrong candidate.