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[forum admin]

Most employers fail to make the most of the talent they have, according to a new report.

'Creating the Talent Driven Business', published by independent report provider Business Intelligence in association with the Corporate Research Forum and Taleo, reveals that most companies lack a clear view of the kinds of talent that matters most to their organisations and fail to forecast the talent they need to succeed in the future.

Among the findings are:

*  60% of companies do not have a talent strategy, although a similar number believe that talent is critical to business success

* Only a handful of companies have a joined-up approach to managing the talent management life cycle from recruitment to development and performance management

* Linking talent goals to business objectives is rated the number one challenge by 78%.

David Harvey, principal author of the report, says: “The report confirms that talent management is as crucial to business success in tough as well as good times. But companies need to be far more rigorous about assessing where talent can make the biggest impact.

“It’s not just next-generation leaders that contribute to outstanding performance but individuals in other key positions in the organisation. Finding and nurturing these people is what talent management is all about.”

[Robin Tetley]

I think the crucial part of this, certainly from an employer's point of view rather an employee would be: “It’s not just next-generation leaders that contribute to outstanding performance but individuals in other key positions in the organisation. Finding and nurturing these people is what talent management is all about.” I think to know what rung of the metaphorical ladder a worker is on is important to them.

[Malcolm]

I agree fully with your last point. Some people may not be interested in promotion or career progression, most I think on some level or another are but everybody wants to know where they stand. A good structure of team leaders and line managers is vital in this area.

[Bob]

It's possible though to have to many cooks and no chef's. Our place is full of lower tier management and in my opinion many of them could vanish and not be missed.

[Jasper9]

If they did they would have to pay them MORE!

Why promote someone who is good where they are and risk getting someone in who cant do the job.

No one appreciates what they have until it's gone.

Employers all care about PROFITS before PEOPLE and that is the  way it will always be.