As an HR manager, one of your main responsibilities will be to manage talent within the company. You can use an integrated talent management model to help you with this task. Briefly explain this model as you would explain it to others.

Snould be integrated as one unit. One way to think of talent management is as a process that goes beyond simply recruitment and selection, and uses talent to meet the needs of the organization. Along the way, all the elements of talent management are encountered: training, succession planning, career planning, development, and performance management. Figure 9-1 shows the process. Training and performance management are covered in other chapters, while succession planning, career planning, and development are covered in this chapter. Talent management practices related to growing talent within the organization are an investment in human capital rather than a short-term cost. Competitive advantage for the firm comes from deploying workers with high levels of competency and capability. Companies can maximize the value of talent management initiatives by following a supply chain approach that incorporates (1) developing current employees and hiring outside talent, (2) creating talent pools and broad competencies in employees, (3) using short-term talent forecasts that are likely more reliable than longer-term forecasts, and (4) establishing a balance between employees' and companies' ownership of career development. 6 Verizon embraces such an approach by requiring each employee to create an individual development