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Human resource management would ideally include talent management, however, some organisations have human resource departments, which are highly transactional, instead of also being strategic and transformational. This means that organisations might be meeting immediate needs, however, are not allocating time to strategically predicting what their people needs will be in the future. Ultimately, talent management consultants exist so that organisations can more effectively address their goals and business needs in order to improve business performance in the long run. A talent management plan will enable your business strategy through your people.
Here is the link to the full article that I wrote, for Expert360 'What is talent management, and why is it important?'