There are some reasons for why talent management is no longer as effective as it used to be. This is firstly because people have tribal natures and tend to hang out or even work in silos. Genuine meritocracies rarely exist. Most organizations and people working with large firms reward conformity rather than innovations. In this culture it is very difficult to identify the true leaders who stand out. A lot of the companies which do have a good record of recruitment and development, have so because the recruits tend to thrive within that particular system. People on the other hand do not appreciate the context and randomly choose organizations such as Goldman Sachs, GE or Exxon just because of this perceived good reputation.

Source: https://hbr.org/2016/07/3-reasons-why-talent-management-isnt-working-anymore

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