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We are now entering a new era of business management (Post Pandemic). Instead of looking back at what an employee has done, competent managers will need to look forward into the future, planning exciting career paths that will motivate their people. Combining human capital research, workforce trends and business strategy, managers can build a talent strategy that follows a clear roadmap to a expected business outcomes.

Research shows that the use of validated talent assessment tools is associated with higher productivity, lower employee turnover, and better corporate financial performance (Huselid, 1995; Terpstra & Rozell, 1993). However, not all talent assessments are equally effective.

For many businesses, workplace innovation is becoming increasingly important. Generating ideas, finding new markets, taking a different perspective all help to differentiate products and services for businesses. Originality and innovation are phenomena whereby something new and valuable is formed. The created products may be intangible (like an idea, a theory, or an artistic inspiration) or tangible (like an invention, a new service, or a new business).