|Talent Management - Today's Business Imperative|
Many experts today agree that talent is becoming decreasingly scarce due to two looming trends:
• The retirement of the baby boom generation: 75 million plus are retiring while only 45 million in the Gen X and Y Generations will remain in the workforce.
The “Talent Crisis” is indeed upon us. To stay competitive into the next decade, organizations need to become more proactive in nurturing and keeping the right talent. They realize they can no longer rely on expensive recruiting to backfill positions. They are now turning to more holistic talent management strategies that save money, bring long-term benefits, and minimize exposure to risk.
At Talent Blueprint we focus on:
Cultivating Existing Talent: By “farming” rather than “hunting” for the right skills, we help keep skilled employees longer, decrease training costs, and reduce or eliminate hiring cycles. Most companies don’t have a recruiting problem, they have a retention problem.
Improving Employee Engagement: By building organizational pride and showing employees how their efforts are aligned with corporate goals, we can help drive sustainable results. By providing learning opportunities, companies will reduce attrition and conserve their knowledge capital.
Planning Ahead for Succession: Very few organizations give thought to leadership succession, which will fill critical organizational positions based on potential turnover. Talent Blueprint believes that succession planning is a critical system. We can provide you with several approaches to ensuring that your talent base grows with your business.
Acting on Performance Reviews: Instead of filing away performance reviews each year, Talent Blueprint will help your company gap-analyze performance data against position requirements, career and succession plans, and the goals of the organization. Performance management isn’t a task, it’s a must do process. Too many organizations get hung up on the type of form that should be used instead of focusing on the process.
Gaining Talent Visibility: With the ability to view and analyze the quality and quantity of talent they already have, executives and managers can make informed decisions to weather the Talent Crisis. Talent Blueprint’s philosophy is simple, get your employees doing what they’re good at on a consistent basis.
The core systems that need to be integrated into every organization are:
• Performance Management
TALENT MANAGEMENT/ HUMAN RESOURCES:
• Training Strategy Development