Which of the following is NOT a key component of a Talent Management strategy?

A Talent Management strategy focuses on a holistic approach to effectively managing an organization's workforce throughout the employee lifecycle. Key components typically include workforce planning, talent acquisition, and succession planning.

Workforce planning ensures that an organization has the right number of people with the right skills in the right roles at the right time. Talent acquisition is about the processes involved in attracting, recruiting, and selecting appropriate candidates to fill open positions, which is critical for a strong workforce. Succession planning involves identifying and developing internal personnel to fill key roles in the organization, ensuring continuity and organizational stability.

While employee engagement surveys are important tools that can provide valuable insights into employee satisfaction and areas for improvement, they are not a core component of a Talent Management strategy itself. Instead, they fall under the larger umbrella of employee development and organizational culture, serving as a measurement tool rather than a foundational element of managing talent directly. Thus, while engagement surveys contribute to understanding employee morale and can influence various talent management initiatives, they are not categorized as a key component of the strategic framework.