Aiming to bridge theory and practice, the authors outline an integrated and contextualized framework that addresses the nature and complexity of talent management in organizations and its dynamics. They provide a talent management model based on lessons from previous academic empirical research and established theoretical frameworks from related fields. They discuss the empirical literature up to 2016, including the dominant topics studied (mainly practices, conceptualization, understanding talent, and global talent management) and the conceptualization of talent and talent management, then present a model that draws on strategic management, organizational theory, and strategic human resources management to characterize the nature and scope of the talent management approach in an organization. They also address the dynamics in managing talent, causes, and how organizations can deal with them, as well as the strengths and limitations of their model.