Which term refers to the goal-oriented and integrated process of planning, recruiting, developing, managing and compensating employees?

• A. Talent Management
• B. Globalization
• C. Strategic HRM
• D. On-Demand Workers

Answer: (A)

Talent management is the goal-oriented, integrated process of planning, recruiting, developing, managing and compensating employees. It covers the entire lifecycle of the workforce, aiming to have the right people with the right skills in the right roles at the right time, while aligning rewards and development with the organization’s strategy. This approach treats HR activities as interconnected parts of a single strategy to attract, grow, retain, and advance talent, rather than as separate tasks. Globalization focuses on cross-border business expansion, not the internal process of managing people. Strategic HRM refers to aligning human resource practices with overall business strategy at a high level, but talent management specifically names the end-to-end lifecycle of managing human capital. On-demand workers describe a staffing approach rather than the continuous, strategic management of talent throughout the employee lifecycle.