This document summarizes the findings of a global talent management survey conducted by Right Management. The key findings are:
1) Employers in 14 countries reported a shortage of talent at all levels which is a top concern.
2) While 47% of respondents believe 2013 will see growth and increased investment in talent initiatives, many are tentative about hiring plans.
3) Only 15% of respondents said their companies have an ample leadership pipeline for future needs.
4) 80% of HR executives feel pressure to demonstrate business impact of talent management programs.
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Employers Worry About Lack of Future Leaders
1. GLOBAL TALENT MANAGEMENT SURVEY
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?
2. Employers are Optimistic About Growth
2013 will be a year of…
19%
Stagnation with more
cutbacks and
restructurings.
Percentage of
global respondents 47%
who believe each Growth and recovery,
marked by stepped
increased investments
33% in new talent
management initiatives.
Similar to 2012 with
sluggish or postponed
HR 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, Asia Pacific
the Middle East,
and Africa
4. Fear of the Talent Shortage Looms Large
1 in 4
34 15
% %
of respondents globally cited a “lack of high And as few as 15% said
cited shortage of talent at potential leaders.” they “have an ample
all levels as a top concern. leadership pipeline that will
cover most needs.”
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 stated they were highly effective at
to measure the business impact of measuring the business impact for
talent management initiatives. 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 About This Research
http://research.right.com/talentsurvey2013 Right Management conducted a survey of
2,360 senior human resource executives in
Benchmark your organization. 14 countries in December 2012
representing government, nonprofit, and
View country-specific data. private sectors.
Inform talent management
investments.
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.