As entire industries face difficult changes in a challenging economy, talent management initiatives sometimes become viewed as overhead instead of a necessity. But it is exactly these times when outstanding senior executives can sometimes be the only competitive advantage driving an organization's success. Attracting, retaining and developing these game-changing leaders should remain a top priority. This article challenges the most common myths about talent management in a downturn and offers strategic alternatives that can help build an organization that's engineered for short- and long-term success.
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