Employers today face a number of obstacles in identifying and hiring the qualified talent their organizations need to remain competitive, from reduced HR budgets to ongoing skills and leadership gaps. As mass retirements among the baby boomer generation continues, organizations are seeing their most experienced leaders leave the workforce and often find themselves scrambling to replace them. However, the most successful organizations understand that by providing continuous leadership training and support, they can create robust pipelines of talent able to step in and fill those gaps. The challenge lies in identifying and adopting the technology that can facilitate this process.
In “The Role of Talent Management Technology in Leadership Development,”
“Effective leadership development is dependent upon having the right talent management technology in place to identify both candidates and current employees who show the potential to be strong leaders,” said Maltais. “Technomedia’
According to Gartner’s Magic Quadrant for Talent Management Suites report, “Historically, HR leaders had to purchase separate functional components if they wanted best-of-breed software to support a particular talent management process, such as talent acquisition or compensation. However, offerings from the vendor community have continued to expand beyond their capabilities of origin to cover more talent-related functions; concurrently, IT and user frustration with the cost and effort of integrating multiple niche solutions has grown. As a result, the talent management suite has become a viable option, and multiple vendors have credible offerings. The market for talent management suites has become firmly established as a major option for enterprises looking to improve the efficiency and effectiveness of their talent processes.”
“The Role of Talent Management Technology in Leadership Development”
In addition to this webcast, Technomedia (www.technomedia.com)
 Gartner "Magic Quadrant for Talent Management Suites" by Ron Hanscome, Jeff Freyermuth, Yvette Cameron, 12 June 2014