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Realizing the Talent Dividend

Effectively leveraging employee experience via holistic workforce planning.


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With the changing global economy, the importance of Talent is also changing. Talent has grown from being a business expense to becoming a business investment - one that drives an organizations performance and its bottom line.Today, talent management is not just concerned with effectively acquiring, developing and retaining the talent companies have on hand; it’s broader than that.

It is about using those assets to gain a competitive  position in the marketplace and understanding how to  make the right choices, from among many, in responsibly  recruiting and deploying talent, based on global trends and events. It’s about pulling the appropriate levers, prioritizing options and analyzing the return on talent  investments. True talent management is the process of “operationalizing” talent, i.e., getting, keeping, and effectively leveraging talent — now and in the future — to effectively implement and maintain a company's business strategy.

Indeed, organizational talent has a direct impact on the  bottom line — on the income statement and balance  sheet. Specific financial drivers in the talent economy include: improved productivity, cost management, revenue  growth and improved profitability. These drivers are dependent on having the suitable talent, and utilizing that  talent to its fullest potential.

So what happens to organizations that do not harness the  business value of their talent? Simple. They will fall behind.  In a global economy, where trends and opportunities are  constantly shifting, companies that are not prepared to look into the future — and meet the demands it will likely place upon them — may lag behind their competitors.That is not a good place to be.

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