The good news is that most companies are facing the challenge with a pretty clean slate: Little in the way of talent management is actually going on in them. It's time for a fundamentally new approach to talent management.Fortunately, companies already have such a model, one that has been well honed over decades. In this chapter, we review the historical context of talent management, and identify the key issues and debates likely to shape the field going forward. Talent management is arguably one of the most important topic areas in organizations today. Talent management is arguably one of the most important topic areas in organizations today. Your journey begins at 21c Chicago. . It has been accepted for inclusion in Loyola University Chicago Law. The context is one of recurring social and political tensions in recent decades (the. (August 6–10, 2003), three institutes engaged in the study of how crises are managedFthe.