Only 18 Percent ‘Winning Talent War’

How well are organizations doing at finding, retaining, and developing top talent? According to consultant Marc Effron of the New Talent Management Network:

>> 18% of companies claim to be winning the war for talent.
>> 72% portrayed it as an endless struggle in which they were neither gaining nor losing ground.
>> 10% declared that the war for talent was winding down in defeat for their enterprise

According to Harvard Business Review’s George Anders, organizations commonly face three challenges in the talent war:

1) “We aren’t sure what we’re looking for.”
2)””Talent development is just a slogan, not a way of life.”
3) “We don’t know how to get better.”

Richard Nantel of Bersin & Associates suggests that organizations in the West have abandoned workforce development in favor of finding ready made talent. Anders’ statement No.2 above supports Nantel’s assumption.

How well are organizations doing at finding, retaining, and developing top talent? According to consultant Marc Effron of the New Talent Management Network:

>> 18% of companies claim to be winning the war for talent.
>> 72% portrayed it as an endless struggle in which they were neither gaining nor losing ground.
>> 10% declared that the war for talent was winding down in defeat for their enterprise

According to Harvard Business Review’s George Anders, organizations commonly face three challenges in the talent war:

1) “We aren’t sure what we’re looking for.”
2)””Talent development is just a slogan, not a way of life.”
3) “We don’t know how to get better.”

Richard Nantel of Bersin & Associates suggests that organizations in the West have abandoned workforce development in favor of finding ready made talent. Anders’ statement No.2 above supports Nantel’s assumption.

Leave a reply