Talent management is now firmly on the C-suite’s agenda with organizations competing for top talent on an unprecedented scale. Despite the increasing concern for talent issues, new research findings from KPMG International reveal that many organizations take a narrow approach to talent management – one that is steadily weakening their organization’s competitiveness and agility.
With many organizations competing for talent on an unprecedented scale, many talent managers remain stuck in an endless struggle to pursue and retain a high performing few – all the while ignoring the needs of the many and the ‘whole’. Conducted in partnership with global research firm Brandon Hall Group and based on 1,200 interviews across 54 mature and emerging markets, the report reveals which risks talent managers are most worried about as well as which ones they are working hardest to manage.
Meanwhile, the report explains why most organizations need to trade a current preoccupation with capacity and capability in favor of a significantly broader, better-balanced and more sustainable approach to talent management – discarding a narrow, one-size-fits-all methodology for a talent strategy that is much more finely tuned to supporting the delivery of their unique business strategy.
Packed with commentary from a diverse range of talent managers as well as our own talent experts from around the world, the report offers the perfect primer for a fresh, much more effective – and long overdue – approach to talent managers.