

Of course having the capability to manage your internal talent is not the same as actually doing it. Many organisations have competencies in place but are still more task-based than competency based truth be known and only work with competencies at the current level rather than aspirational positions. If you really want to maximise your talent this will come less from your LMS and more from your internal processes and procedures; this is more about management which has always been more about knowing your people and the organisation, than the system you use to record and manipulate this.
The other part of talent management is about attracting new talent in to your organisation. This is where we start to get muddy in the LMS world. What are you now asking of your previously called LMS? We want a recruiting system to form a major part of the software?! Of course, because it's not good enough to have an LMS that does what it should do about learning, we want it to do wider functions. This is where I think we're starting to go a little awry. I know the wheel needs re-inventing every so often, but this is like trying to put four newly invented wheels on the same car! I thought we'd got past this mega-systems approach to software? No, don't be daft Nigel, everyone likes a good mega approach don't they? Surely your LMS ought to be able to make you as good a Latte as the barrista down the street?

The problem is that there isn't a single system that delivers the best of everything; that's true of even the core functions of an LMS, let alone managing wider things like your recruitment and HR systems.
I've got a better solution. What about a modular type approach to your systems. This way you pick your HR system, pick your LMS, pick your reporting systems, financial systems, whatever you want to do system. Then they talk. Lets look at an analogy that might work better than my vehicular one above. A small business can work well with a few staff who can do a large number of different types of task; it makes sense for them, but as you get bigger and expand you need specialists to do specific tasks; do you want your billing and accounts staff being the ones designing your graphics and delivering your training? The only issue is getting individuals/departments/software packages to talk to each other.
My advice on talent management is this; you definitely should do it, this mostly comes from knowing your staff and business and being committed to improvement. The system you should choose to do it should be the one that's best for your organisation; if that's an LMS then great, but more importantly make sure whatever you choose does have the capability to link in to your HR, LMS and other systems you run. In good business, talent management, learning and life; communication is the key.
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