Everyone's talking about "talent management" today as a way to boost the performance of the human resources (HR) organization. But what are the elements of a talent management strategy, leveraging advanced HR outsourcing solutions, that can actually drive high performance for an entire company?

This article offers an innovative and practical approach to talent management—planning and executing an integrated set of management processes that generate greater business value by creating and continuously optimizing workforce talent. A comprehensive and strategic approach to talent management can bring together all the talent-related initiatives and workforce resources needed to execute business strategy. This approach also offers the opportunity to plan and manage HR outsourcing initiatives in a way that maximizes the value of such arrangements, not only generating cost savings but creating the means to achieve profitable growth and high performance.