U.S. and Singapore talent management experience in commercial and state organizations

According to John Sterling Livingston, the author of the article “Pygmalion for Management” (Harvard Business Review, 1969), managers should protect their most valuable resource of young talented specialists from possible difficulties: lack of professional growth, application and ineffective management. This article discusses examples of successful implementation and application of talent management both in a large private company and at the state level. This work allows us to expand knowledge and analysis in the field of building effective systems for working with managerial talents in different countries, to understand how private and state-owned companies differ in terms of their ability to effectively use the main resource of the post-industrial economy - human talent and abilities.