'Talent' are categorized as valuable, rare, hard to imitate and difficult to find. Any organization that wants to defeat others in business should emphasize on talent management. Traditionally, human resource departments are dealing the organization’s manpower. However, they were found unable to manage the demanding needs posed in overcoming the recent economic recession through their classical approaches. One of the ways to face the current situation is by talent management through an internal ‘talent pool’ within the organization. This paper proposes and discusses a four-stage model that covers probable research aspect of the ‘Talent Management’ and the subsequent ‘Career Planning’.