Collaborative intelligence and collaborative talent management represent emerging concepts in the dynamic landscape of business. The significance of collaborative talent management cannot be overstated, as it has become a pivotal approach for augmenting performance, fostering innovation, and improving efficiency across various sectors. Concurrently, the notion of collaborative intelligence quotient (CIQ) is a developing area of research that holds the potential to inform and revolutionise talent management practices through the perspectives of neuroscience which aligns well with Industry 5.0. At its core, collaborative intelligence embraces fundamental principles of cooperation, coordination, and open communication. By embracing these principles, organisations can strengthen their ability to navigate the intricacies of the contemporary business environment while simultaneously enhancing diversity, performance, innovation, and efficiency. This paper adopts a narrative literature review methodology to underscore the significance of collaborative intelligence and collaborative talent management in tackling challenges and fostering a competitive advantage across diverse sectors. Furthermore, the paper critically analyses and disseminates various potential avenues for future research. Future researchers are encouraged to deepen the understanding of collaborative talent management by examining interdisciplinary barriers, digitalisation, leadership styles, performance measurement, and cross-sector collaboration. These research avenues hold the potential to advance the field of collaborative talent management and contribute to its continuous evolution. It underscores their importance and outlines future research opportunities, shedding light on the transformative potential of these concepts in fostering organisational success and competitive advantage using artificial intelligence and across various sectors.