Wednesday, April 6, 2011

Talent- Building your own is the best (maybe the only workable) strategy

Two separate reports this week make we wonder why more organizations aren’t putting quantum effort into employee and leadership development. It’s a survival strategy.
The CEO of Manpower was on television reporting that even in the present high unemployment environment most businesses are having a hard time finding the talent they need. Seems they just can’t find the ready-made candidates needed for open positions.   Perfect job candidates are exceedingly scarce. Then I received a report from Birkman/Stanton Chase called “Preparing for the Coming Talent Storm.” The report highlights the looming talent shortage; a huge issue related to retaining talented employees, 75% of companies admit having a huge talent gap, not to mention the retirement of Baby Boomers.
Ok, let’s see, you can’t hire enough great talent, you’re having trouble retaining great talent, the Boomers will retire very soon; it’s time to start building what you’ve got.   

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