Talent management - your business strategy

Retaining, developing, and engaging good quality people has never been more crucial than it is today as the recession has led to much restructuring and uncertainty.

There is a need to balance immediate critical business needs (e.g. reduce costs) with longer term strategic goals.

Employee engagement, motivation and morale is now even more critical as workloads, stress and uncertainty increase.

• Every CEO tells us that the demand for leaders exceeds supply. We know that for every two leaders who leave an organisation, only one replaces them.
• 40% of managers are due to retire in the next 5-10 years and, in some sectors, this is worse. 60% of managers in the Department of Work and Pensions are due to retire in next 5 years!
• 37% of leaders are failing in their roles (DDI).

Although most business leaders would agree that talent management is vital to delivering business results, two thirds of organisations have no talent strategies in place or any way to identify, develop, engage and retain their future management pool. This is often as a result of insufficient time, money, or expertise to manage this emerging priority.

78% of employers believe that internal development has a greater business benefit yet in excess of 50% fill vacancies externally (Cranfield University).

The solution

The Talent Pool is a talent management solution that focuses on these issues whilst allowing you to continue running your business. Find out whether The Talent Pool is right for your business, how to identify your talented employees, and why our services will help them.