Discuss in detail the term talent inventory

A skills inventory is the collection of skills, education, and experiences of employees. Skills inventories capture the professional expertise, attributes, and abilities of your workforce. A centralized skills inventory provides a point-in-time view of the skills (and skills gaps) of a workforce. But the inventory should be a dynamic system, regularly updated to reflect changes in team members, skills, and professional credentials. 

When companies have a robust, up-to-date understanding of the skills and talents of their workforce, leaders are armed with strategic data that can inform near-term and longer-term planning and decisions. As new employees are hired and current employees develop skills that support the company’s goals, the organization – and its __________ _________ _________ ____ _____ __________ ___ ________ _________ _________ _______ _____.
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