Talent Management refers to the strategic approach organizations use to attract, develop, and retain skilled employees. It involves identifying the right talent for specific roles, providing training and development opportunities, and creating a supportive work environment. This process ensures that the organization has the necessary skills and capabilities to achieve its goals. Effective Talent Management also includes performance management, succession planning, and employee engagement initiatives. By focusing on these areas, companies can enhance employee satisfaction and productivity, ultimately leading to better business outcomes. This holistic approach helps organizations maintain a competitive edge in their respective industries.