Talent Management is New Innovation Taking Over Human Resources

II. Report Fürst Wallerstein's company profile Fürst Wallerstein is headquartered in Wallerstein, South Germany, with forestry (SIC code: 0201), brewery (SIC code: 1596, 1598), real estate (SIC code: 7011, 7012, 7020) We are developing business in three divisions. (Thinking Data, 2007), Prince-Carl-Eugen zu Oettingen-Wallerstein. Since 1598, Prince Oettingen-Wallerstein could not be separated from the Fürst Wallerstein brand. Princedom is one of the oldest surviving aristocrats in Europe and is known for its tradition, culture and high quality products in all three fields (Fürst Wallerstein, 2007).

Companies are about to enter the era of new human resources (HR). The emergence of Talent Management (TM) is the focus of innovation that combines management issues and personnel approaches (Bersin, 2006). How can an organization become more efficient when adopting new recruits? How do companies identify competency issues and deal with them through training or development programs? How do they manage employees and link them to corporate goals? Based on this human evolution, culture is born and gives humans a unique identity based on geographical conditions. This allows creation of artistic and technical discoveries. But today, humans live in a huge technology world; where the use of technology is no longer a tool, it is an important resource for human survival. this

A half century ago, the concept of "talent management" already existed (Cappelli, 2008). So far, talent management was called replacement management, management development, internal development, talent strategy, and human resource planning, but they were all interchangeably used (Lewis and Heckman, 2006) . Human resource management is very similar to talent management, as many authors replace "human resource management" with "talent management." It is difficult to define the meaning of talent management. According to Lewis and Heckman (2006), there are many definitions of talent management, but now it is a very popular topic - "Use popular Internet search engine search at the end of 2004" Talent management era This phrase is a year After more than 27 million I searched for the same word, there were more than 8 million hits. "