Talent Management 2315742 Oracle
An Innovative Approach to
Strategic Talent Management in the Cloud
Finding and Retaining the Best People
ManpowerGroup’s ninth annual T alent Shortage Survey found that
54 percent of employers reporting a talent shortage say it is having a significant impact on their ability to meet client needs. The most common impact companies reported is a reduced ability to serve clients, closely followed by reduced competitiveness and productivity. More than a quarter say that increased staff turnover is a consequence of talent shortages, with 24 percent citing a negative impact on employee engagement, innovation, and creativity.
ManpowerGroup, “The Talent Shortage Continues,” 2014
As the world emerges from global recession, it’s clear that today’s talent management challenges are dramatically different from the ones businesses faced even a few years ago. PwC’s annual global survey of CEOs found that a full 63 percent of those surveyed are concerned about the future availability of key skills.1
It’s no wonder that today’s high-performing businesses are refocusing on talent management.
Constraints on talent undoubtedly hurt enterprise growth and profitability. If organizations can’t hire the right people, they can’t move the business forward.
More than ever before, HR must be closely aligned with the goals of the business and attract, develop, and retain employees who can help achieve those goals.
But how can HR tackle the problem and successfully provide talent solutions for the business?
A CHANGING MARKET
Employers today face a different labor market than in the past, and they are finding it difficult to get and keep high-potential employees and top performers.
»» Globally, nearly half of the employers surveyed (48 percent) indicate that hiring activity has increased compared to the previous year.
»» For 15 percent, hiring has jumped significantly and more than one-third (35 percent) report that turnover is rising.
»» Nearly two in three respondents are experiencing
Strategic Talent Management in the Cloud
Finding and Retaining the Best People
ManpowerGroup’s ninth annual T alent Shortage Survey found that
54 percent of employers reporting a talent shortage say it is having a significant impact on their ability to meet client needs. The most common impact companies reported is a reduced ability to serve clients, closely followed by reduced competitiveness and productivity. More than a quarter say that increased staff turnover is a consequence of talent shortages, with 24 percent citing a negative impact on employee engagement, innovation, and creativity.
ManpowerGroup, “The Talent Shortage Continues,” 2014
As the world emerges from global recession, it’s clear that today’s talent management challenges are dramatically different from the ones businesses faced even a few years ago. PwC’s annual global survey of CEOs found that a full 63 percent of those surveyed are concerned about the future availability of key skills.1
It’s no wonder that today’s high-performing businesses are refocusing on talent management.
Constraints on talent undoubtedly hurt enterprise growth and profitability. If organizations can’t hire the right people, they can’t move the business forward.
More than ever before, HR must be closely aligned with the goals of the business and attract, develop, and retain employees who can help achieve those goals.
But how can HR tackle the problem and successfully provide talent solutions for the business?
A CHANGING MARKET
Employers today face a different labor market than in the past, and they are finding it difficult to get and keep high-potential employees and top performers.
»» Globally, nearly half of the employers surveyed (48 percent) indicate that hiring activity has increased compared to the previous year.
»» For 15 percent, hiring has jumped significantly and more than one-third (35 percent) report that turnover is rising.
»» Nearly two in three respondents are experiencing