The best companies not only have talent, but they also know how to manage it. Why is this? It’s because talent drives performance and those who optimize talent generate superior results.
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Talent Management: Retain Employees and Drive Future Growth
1. Talent Management
Retains Employees
for Future Growth
?
Got
talent?
Recruiting
Why is
this
Onboarding
Simply put, talent
management is
the process by
which companies:
Performance
Reviews
Rating
Systems
Succession
Planning
ATTRACT, OBTAIN, TRAIN
and RETAIN
workers in order to meet both current
and future business objectives.
When properly managed, an organization’s talent ultimately drives business success,
provides a competitive edge and creates value.
WHY IS THAT
IMPORTANT?
For most organizations, workforce
cost is usually the GREATEST
expense the company incurs.
With today’s economy, there is an increase in available
workforce yet it can be argued that there still remains a
shortage on talent. Employers are constantly challenged with
engaging and retaining the existing workforce while recruiting
and onboarding new workers.
71%
A recent Gallup poll revealed 71 percent of American
workers are “not engaged” or “actively disengaged”
in their work. They are considered emotionally disconnected
from their workplaces and are less likely to be productive.
In addition to workforces being largely disengaged,
companies often struggle finding talent. The November
2011 SHRM survey indicates 52 percent of HR
professionals are having trouble finding properly skilled
workers for job openings.
copyright 2013
52%