IntroductionIt has become essential for businesses to maintain their competitive edge, especially in today's tough economic times and diverse workplaces. On the other hand, how do companies remain competitive despite shrinking budgets and shrinking workforces in a constant state of change? One of the most important components of a successful business is human capital, or simply put; their employees. Human capital is defined as “the collective value of the skills, knowledge, skills, life experiences, and motivation of an organizational workforce” (Mathis & Jackson, 2011). Every single person has different characteristics and traits that can be brought to the organization. It doesn't matter if they've been with the company for 20 years or if they just graduated and started their career. The key is to find each person's strengths and weaknesses and take advantage of them. This is where human resource management fits perfectly into organizational goals and objectives. However, how do companies acquire and retain the best and brightest employees? Careful analysis will show that one important way is through the pursuit of talent management programs in the workplace. Looking for Talent ManagementWhat is Talent Management? Talent management is one of the core competencies of human resource management and involves attracting, selecting, cultivating, promoting and retaining employees within the organization. Talent management is about acquiring the right people, developing them for the right job; at the right time. The future of the company depends on taking the necessary steps to achieve the organizational goals or deliverables desired by the company. As a result, this is accomplished through…half of the paper…correctly and continually reviewed. In the years to come, talent management plans will become prevalent in the workplace. It is crucial for HR managers to remember that a happy employee is the best employee and creates euphoria in the workplace. The company will reap benefits and rewards with experienced employees who are satisfied with their jobs. The end result will lead to customer satisfaction and increased profits. Works Cited Fulmer, R. (2002). Choose tomorrow's leaders today. Graziadio Business Review, 5(1), Retrieved from http://gbr.pepperdine.edu/2010/08/choose-tomorrows-leaders-today/Je-yup, K. (2011, October 9). Korea Times. Retrieved from http://www.koreatimes.co.kr/www/news/bizfocus/2011/10/330_96348.htmlMathis, O. L., & Jackson, J. H. (2011). Human resources management. (13th ed., pp. 282-315). Mason, OH: Southwestern Pub.