Only a carefully designed and integrated set of initiatives that allow the employee to align himself with the organisational goals and objectives, map competencies for diverse work areas, build up capacities through a well-crafted and sustained strategy and draw out latent possibilities optimally would ensure emergence of leadership talent that is critical to any organisation’s prosperity and is therefore a central element of talent management.
6  BIS central bankers’ speeches  As a commonly observed feature, households in Japan and the euro area tend to perceive that the present price level represents an increase – except for a short period immediately after the global financial crisis – and they tend to expect higher price levels about one year ahead (Charts 9 and 10).