What should HR leaders focus on in 2014?

Hey!

http://www.forbes.com/sites/edwardlawler/2014/01/15/what-should-hr-leaders-focus-on-in-2014/

In this article the author argues that HR should focus on talent management and talent development in the future. The article says that talent management becomes increasingly important as many companies do more complex and knowledge-based work and operate globally and talent therefore is a source of competitive advantage.

Do you agree with the article that talent management is the most important function in HR?