Due to ICT’s ubiquitous nature, the IT function holds a strategically important role in many organizations today. The IT function not only supports day - to - day operations and business continuity, but due to technology’s evolution from role s of automate to informate to transformate , the IT function also plays an important part in how ICT can enable and facilitate radical organizational change. Therefore, the people assets of the IT function are a key resource that needs to be effectively managed. The principles of Talent Management, which recognizes the differential impact of employees in delivering value to the organization, are examined in thi s white paper. Key talent sources for the IT function need to be identified and recruited; rewarded in line with their performance contributions; developed through appropriate training programmes/schemes, and retained. One approach to determining the effec tiveness of organizations in managing the IT function’s ‘A performers’ is to determine the current maturity of their P eople A sset M anagement (PAM) capabilities. The PAM Critical Capability of IT - CMF is proposed as a useful maturity assessment tool to enabl e organizations to establish roadmaps or action plans to improve the current maturity of strategic workforce management and employment life cycle activities of the IT function. Such increased maturity would improve practices surrounding the identification and management of key talent sources.