To achieve business growth, companies depend on their talent for innovation and sustainable competitive advantage. Yet employers in 14 countries surveyed told Right Management they have a shortage of talent at all levels. What do talent management prospects look like in the year ahead? Are companies around the globe prepared to address current and future talent gaps?
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Employers Worry about lack of Future Leaders
1. Employers Worry About
Lack of Future Leaders
To achieve business growth, companies depend on their talent for
innovation and sustainable competitive advantage. Yet employers in
14 countries surveyed told Right Management they have a shortage
of talent at all levels. What do talent management prospects look like
in the year ahead? Are companies around the globe prepared to
address current and future talent gaps?
GLOBAL TALENT MANAGEMENT SURVEY
2. Employers are Optimistic About Growth
2013 will be a year of…
19%
33%
47%
Percentage of
global respondents
who believe each
Stagnation with more
cutbacks and
restructurings.
Similar to 2012 with
sluggish or postponed
HR initiatives.
Growth and recovery,
marked by stepped
increased investments
in new talent
management initiatives.
3. But They’re Tentative About Hiring Plans
Respondents who reported they are planning for “limited hiring to fill specific vacancies”:
55% 70% 43%
The Americas Europe,
the Middle East,
and Africa
Asia Pacific
4. Fear of the Talent Shortage Looms Large
of respondents globally
cited shortage of talent at
all levels as a top concern.
cited a “lack of high
potential leaders.”
And as few as 15% said
they “have an ample
leadership pipeline that will
cover most needs.”
34
%
15
%
1 in 4
5. Pipeline for U.S. Managers Lags
Behind Most Countries
While employers around the world fear the talent shortage taking place, these industrialized
countries outside of the U.S. are more likely than American companies to feel confident
about their management pipelines.
“We have ample pipeline that will cover most of our needs.”
6. HR Under Increasing Pressure
Human Resource executives around the globe are under growing pressure to show payoff for
talent management investments.
80% 68%
say they are under increased pressure
to measure the business impact of
talent management initiatives.
stated they were highly effective at
measuring the business impact for
talent development initiatives.
7. What Does the Future Hold for
Talent Management?
A shift appears to be wider recognition of the strategic need to
invest in talent. We know that HR executives are tuned into
senior management’s thinking and planning, as talent
development initiatives become top priority in building for the
future.
–Ric Roi
Head of the Global Centre of Excellence for Talent Management, Right Management
8. Download This Research
Benchmark your organization.
View country-specific data.
Inform talent management
investments.
Right Management conducted a survey of
2,360 senior human resource executives in
14 countries in December 2012
representing government, nonprofit, and
private sectors.
http://research.right.com/talentsurvey2013
About This Research
9. About Right Management
Right 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.