article thumbnail

Win the Race for Talent – Talent Management magazine

Chart Your Course

can no longer count on influxes of foreign talent to meet skill needs. Organizations in countries that traditionally exported top talent to the U.S. now have robust economies to compete for that talent.SidebarThe Rise of Career FrameworksFrom the post-war boom until the 1980s, many U.S. The labor participation rate of 63.6

article thumbnail

The Importance of Succession Planning and Talent Management: A CEO’s Perspective

Great Leadership By Dan

From my perspective, succession planning and its sister initiative, talent management, must both be ingrained in a corporate culture. Rather, succession planning and talent management must pertain to all leadership levels. Going through a talent management review, moving people around? Maybe not so much.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Strategies for Hiring Success

Chart Your Course

With the volume of social media and online networking and career sites, connecting with workers is only a matter of searching profiles or placing ads. The National Association of Colleges and Employers estimates the average cost-per-hire in 2011 and 2012 was $5,100. The results were part of the NACE’s 2012 Recruiting Benchmarks Survey.

Strategy 196
article thumbnail

3 Business Reasons for Employee Engagement Program

Chart Your Course

2) Operating margins increase: According to the Towers Watson 2012 Global Workforce Study, companies with the highest sustainable engagement scores had an average one-year operating margin of 27% (vs. 14% for companies with traditional engagement and 10% for those with low engagement).

article thumbnail

Pre-Employment Assessments

Coaching Tip

In its 2012 CEO Challenge report, The Conference Board identified the top two business issues CEOs care about right now: innovation and human capital. It has left many talent management professionals asking two questions: How can we best determine what skills and behaviors we will need to meet future business goals?

article thumbnail

Leadership: It’s the Softer Side That Counts

Great Leadership By Dan

As I have found in my own career, and in discussions with global leaders, from well-respected CEOs and board members, to heads of state, leading is less about analytics and decisions, and much more about aligning, motivating, and empowering others to make those decisions.

article thumbnail

You Can’t Delegate Talent Management to the HR Department

Harvard Business Review

That’s why many of them, particularly the largest ones, rely on full-time “talent management” professionals, who work in coordination with other parts of HR. These talent management people create processes for assessing leadership capabilities and set the strategy for upgrading leadership talent over time.