This week we’re looking at new findings that show that surprisingly, few organisations actually have a talent management strategy. Have a great read.
Less than half of organisations have a talent management strategy. Of those that do, over one-third aren’t convinced it’s working. This is just one of the findings of a new research study into Talent Management, conducted by Halogen in association with Cranfield University.
This study looks at the direction of talent strategies across Europe, priorities and challenges and how these priorities will evolve to meet the future needs of organisations in the future. Additional findings indicate that overall, organisations are increasing their spend on training & development, performance management and succession planning & reducing their spend on recruitment. Also, fewer than one in five organisations are prepared for the departure of senior leaders, employers are not making the most effective use of HR technology to support talent management, and the highest priority for investment on technology is in performance management. Download the report here.