Talent Survey (2013) | Talent Technologies
Talent Survey for 2013
The Talent Survey results for 2013 are in. Here is a digest of what CEOs think the talent themes and challenges facing their companies are from the recent PwC and Conference Board surveys:
Talent survey: themes and challenges from PwC
· Build on the ‘organisational DNA‘ – leadership development is identified by CEOs as a key challenge (how about this as a solution?)
· Cut costs – again! However CEOs indicate that years of cost-cutting are now impacting employee engagement
· Skills gaps are a key challenge for CEOs, especially in emerging markets – a big headache for almost all of the CEOs in the talent survey.
Bottom line: Global CEOs seem to be stuck in a wash – rinse – repeat cycle of cost-cutting and ‘proven to fail’ talent management and leadership development strategies over the past 6 years. While they seem to recognise that the strategies of the past haven’t worked, there doesn’t seem to be a clear direction or solution to these problems.
(Proposed solution: We’ll be featuring how companies can create a talent-grade organisation at less cost and with higher effectiveness in coming posts. Subscribe here free!)
Talent survey: themes and challenges from the Conference Board
The Conference Board meanwhile has listed the top 3 talent challenges among CEOs in its group – and the findings are not that dissimilar. Human capital is ranked the highest priority, with the most pressing challenges as follows:
1. Growing talent internally (talent strategy and leadership development again?)
2. Providing employee training and development
3. Raising employee engagement
The Conference Board results can be downloaded in pdf format here: 2013 Talent Survey Conference Board pdf.
It’s clear that organisations are faced with significant talent management challenges that quite simply don’t seem to be going away.
Existing measures (by CEOs’ own admission) don’t seem to be working. And the same themes – of leadership development, training, and employee engagemement, all within a cost framework – seem to be popping up time and again.
Albert Einstein famously said that the definition for insanity was doing the same thing over and over again and hoping for different results.
Clearly something is wrong with the existing paradigm and methodologies organisations are using to solve their talent management problems!
In future posts we’ll be featuring:
· How organisations can solve their talent management problems by localising and going talent up, not organisation down
· How silos (the way businesses are organised into different functions) ae actually hindering growth – and the cost of that. We’ll demonstrate the value of the horizontal organisation.
· How a simple change of approach used by one of the world’s top-performing companies can solve the problems CEOs have identified in both reports – and save their companies significant sums in the process.
Are you ready? Be sure to subscribe to our posts here!
In the meantime, if you would like to receive a free report on creating the Talent-Grade organisation, please check the ‘Talent’ box following the link below:
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