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Management
1. Knowledge management is the way you choose to use, record and share information
and processes that exist within the organisation. Talent management is the way you
choose to recruit, develop and engage the people who can improve on the information
and processes.
2. KM is managing a database of who has what educational credentials and utilizing them in
the right jobs based on those credentials. TM is getting people assesed for possible skills,
gettingthem trained for skills they need enhanced and utilizing the skills.
Every person possesses certain knowledge and talent, that makes us different
from others. We often use the terms talent and skill/knowledge
interchangeably, without knowing the fact that these are different from one
another. While talent is an inborn ability or natural aptitude of a person which
is often hidden and needs recognition. It means, being good in a certain
activity, without actually learning or acquiring it.
Unlike skill/knowledge, which is a learnt ability, and it can be developed in
someone if he/she put his time and efforts in it. The efforts need to be
voluntary, systematic and sustained, to acquire a skill and satisfactorily
undertake various tasks and activities. In this article excerpt, you can find all
the important differences between talent and skill, you might be unaware of.
Definition of Talent
Talent is an inborn quality within the person. It is often hidden and raw,
which needs recognition at the right time. It can be improved over time
if efforts are made in the right direction.
Every one of us is born with a special quality; that is talent. Not only in the
field of study, a person may possess talent in dancing, singing, cooking,
gaming, acting, swimming, counseling, influencing, painting, etc. If you set a
kid free and alone, he will engage in the activity, he likes most, or he is best in.
It often happens with many people that their talent remains unspotted
because of lack of proper guidance, support and opportunity to showcase it.
Definition of Skill/knowledge
Knowledge refer to an ability or an expertise in performing a task, obtained by
a person through systematic learning, practice or experience. It is the outcome
of continuous efforts and improvements made to gain proficiency.
It can be general or specific. General skills refer to the skills which are
commonly acquired by the people like leadership skills, teamwork and so on.
On the other hand, specific knowledge are those which are related to
performing a particular task or job.
BASIS FOR
TALENT KNOWLWDGE
COMPARISON
Talents Make and Break the Rules; Knowledge Workers Conserve the
Rules
The main difference between talents and knowledge workers is that talents break the rules, create, initiate,
invent, direct, and send—talents take initiative, they are proactive. Knowledge workers, in general, do not.
Knowledge workers take orders. They are studious and obedient people. Just because a person is brilliant or
has a Ph.D. does not mean that person is talented. One need not be a genius to be a talent.
In the 1950s, when W. Edwards Deming begged American companies to improve their quality, they didn't
listen. He continued to beg into the 1980s, when corporate America finally listened. Of course, by then Japan
had a 30-year head start, from which the Western world has never recovered. Deming identified incredible
persistence as a key characteristic of talent. His ideas provided a great service to society but were slow to gain
acceptance in the Western world.
Breaking the rules is not necessarily the road to glory and wealth. The dot-bombs broke all the rules of
business leadership. Many had no visible means of actually making money by offering something for sale. They
simply sold their ideas to people with money who clearly did not use diligence in recognizing unrealistic
business plans. They broke the rules and bombed out at the expense of many broken lives.