Managing talent is the most critical people issue facing HR departments worldwide, according to a new global study of HR leaders. The report, 'Creating People Advantages: how to address HR challenges worldwide through 2015' found that talent management was at the top of executive agendas in almost all of the 83 countries surveyed. Surprisingly a recent CIPD learning and development survey found that 74% of respondents reported that their organisation didn’t have a well-developed plan for talent management.
Talent management has become a key strategic issue, with the recruitment, development and retention and deployment of talent increasingly being seen as critical success factors in the search for organisational objectives such as competitive advantage.
There are a number of key challenges that are expected to influence talent management strategies, policies and practices over the next few years including:
- An increasingly global labour market
- An increasingly virtual workplace
- A vastly diverse workforce, in terms of age, race and culture
- A workforce with independent views about their own lifestyles and access to information about career opportunities.
Hemsley Fraser work with organisations to:
- Develop a leadership pipeline that drives strategy, values, and business goals.
- Fill key posts at speed with higher quality internal candidates than the external market can provide.
- Reduce recruitment costs.
- Develop both individuals and groups to meet future leadership challenges.
- Retain high value employees.
- Identify the necessary behaviours, develop career paths and ensure you have the right people at the right time to deliver your organisation’s strategy through the use of diagnostic tools.
- Address critical capability gaps and thereby facilitate the growth of the next generation of leaders through a broad range of leadership and development programmes.
For further information on how Hemsley Fraser can help you attract, develop and align the leaders in your organisation please contact us.