Employee Profiling and Career Planning
Talent pooling focuses succession planning on critical positions rather than management hierarchy.
The organization identifies specific roles that are mission-critical to success and for which a prolonged vacancy could prove extremely detrimental. Then operational or HR managers identify employees who can fill those positions, resulting in a “pool” of talented resources which can be drawn upon, as needed.
Similarly, talent pools can be created for certain attributes, most commonly for employees with high potential. By organizing these employees into a talent pool, management can more closely monitor their careers, track their leadership development, and keep an eye on their retention risk. Such a talent pool can then be a preferred candidate source for any open senior positions, as those employees become "ready to move" now.