True or False: An effective talent management system includes performance appraisals that initiate training and development opportunities.

An effective talent management system indeed includes performance appraisals that initiate training and development opportunities, making the statement true. Performance appraisals serve as a crucial mechanism within talent management as they assess an employee's skills, achievements, and areas for improvement. The insights gained from these evaluations allow HR professionals and managers to identify specific training needs and development opportunities tailored to the individual employee's career aspirations and the organization's goals.

Integrating development opportunities into performance appraisals encourages a culture of continuous learning and growth, which can enhance employee engagement and retention. By aligning training programs with the findings from performance assessments, organizations can effectively equip their workforce with the necessary tools to improve performance and contribute more significantly to the organization’s success.

While organizations may approach performance appraisals differently, the fundamental principle that they should lead to targeted developmental actions remains consistent across effective talent management systems. This alignment ensures that both employee capabilities and organizational needs are met efficiently.