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While one-in-two organizations rank talent management as a top priority, only 12% of major organizations have a fully implemented talent management strategy, as found by our survey of 628 North American organizations. We explore this quandary of the desire yet lack of execution in creating a clear and actionable talent strategy and offer steps to avoid the formidable challenges implementing such a strategy presents.
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ONLY HALF OF FIRMS MAKETALENT MANAGEMENTTOP PRIORITY
49% 38% 13%A top priority Not a priority Secondary
Priority
What the survey data tell us is that much of senior management hasn’t yet focused on talent management as an integrated strategic concept, even if they actually support many key elements.“ – Owen Sullivan
CEO, Right Management President, Specialty Brands ManpowerGroup
Core Elements of Your Organization’s Talent Management Strategy
Talent acquisition
Employee engagement
19%
19%
Individual and team development17%
Organizational effectiveness15%
Outplacement and workforce transition3%
Other1%
25%of firms cite leadership development.
Integrated Talent Management Strategy
Respondents identified the following as the core elements of their organization’s talent management strategy: leadership development, employee engagement, talent acquisition, individual and team development, organizational effectiveness, and workforce transition.
Retain high-value
talent
Plan and manage
succession
Insure future leadership
BUSINESSGOALS
ABOUT RIGHT MANAGEMENTRight Management is a global leader in talent and career management workforce solutions within ManpowerGroup. The firm designs and delivers solutions to align talent strategy with business strategy. www.right.com
©2012 Right Management. All Rights Reserved.
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ABOUT THIS RESEARCHDOWNLOAD THE FULL RESEARCH
Right Management conducted a study of 628 senior manager and human resource professionals in North America representing 22 industries in the first quarter of 2012.
• Benchmark your organization
• Identify key impediments to implementation
• Uncover the five key components of integrating your talent management strategy with your business strategy
http://research.right.com/talentstrategy