ReadWriteEnterprise

In the 20th century, corporations recruited talented professionals but then nurtured them and integrated them into their organizations. Talent was part of their business foundations. In the more intricate economy of the 21st, talent is something perceived to be possessed by individuals. Corporations recruit these people, and then undertake what's called compensation management in an effort to retain them as long as possible, and to let go of talent that doesn't perform up to scale.

The value of a single, global database for evaluating the dollar value of individual talent on a real-time scale was affirmed today in a very big way, with the announcement of Oracle's intention to acquire cloud-based talent management system Taleo.