Talent development refers to the strategic process of identifying, nurturing, and enhancing the skills, abilities, and potential of individuals within an organization to prepare them for current and future roles. It encompasses activities and initiatives aimed at building a pool of skilled and motivated employees who can contribute effectively to an organization's growth and success.

Example
An organization may implement talent development by offering specialized training programs, mentorship opportunities, and career progression plans. For instance, a software company might identify promising junior developers and provide them with advanced coding courses, mentorship from experienced engineers, and a clear career path to become senior developers or team leaders. This investment in talent development not only enhances individual capabilities but also ensures a pipeline of skilled professionals to meet the company's evolving needs.