Effective talent management will play an even greater role in business outcomes in the new year, as CEOs zero in on productivity and performance amid economists' predictions of slowing gross domestic product growth in 2025, experts say.

This emphasis comes as the world of work evolves fast, meaning talent leaders will increasingly need to focus on developing a workforce with the necessary skills and capabilities, says Sue Cantrell, human capital eminence leader at Deloitte Consulting. This is in contrast to traditional talent management, which was less forward-focused and largely concerned with providing learning opportunities focused on employees' particular roles.

Cantrell says leaders need to keep a pulse on such shifts in talent management to avoid missing out on top talent and, by extension, to harness opportunities for organizational growth.