The industry perspective report http://go.brandonhall.com/
Said report author Laci Loew, VP of Talent Management Practice and Principal Analyst: “37% of global organizations scored their business performance as low performing or significantly under-performing. They attributed the dismal results to lack of, or ineffective, talent management practices.
“When asked about their talent practices, 64% told us that they don’t yet have a talent strategy, and of those few that do, 94% of them said their talent management was ineffective. On the brighter side, organizations that self-reported their revenues as being 10 percent to 25 percent or more above that of their competition, invest more resources (budget, headcount) in their talent management function than do their lower-performing peers and align their approach to managing talent with leading practices. This suggests a strong relationship between leading practice talent management and better business results.”
Mike Cooke, Brandon Hall Group CEO, said: “The continuing contrast between talent management urgency and effectiveness spotlights a significant opportunity for many organizations, and Laci’s report outlines those opportunities and provides guidance and insights on moving forward in an effective manner.”
For additional information about the research please contact CEO Mike Cooke (http://www.linkedin.com/
About Brandon Hall Group: (http://www.brandonhall.com/
Brandon Hall Group is a HCM research and advisory services firm that provides insights around key performance areas, including Learning and Development, Talent Management, Leadership Development, Talent Acquisition and Human Resources.
With more than 10,000 clients globally and 20 years of delivering world-class research and advisory services, Brandon Hall Group is focused on developing research that drives performance in emerging and large organizations, and provides strategic insights for executives and practitioners responsible for growth and business results.
At the core of our offerings is a Membership Program that combines research, benchmarking and unlimited access to data and analysts. The Membership Program offers insights and best practices to enable executives and practitioners to make the right decisions about people, processes, and systems, coalesced with analyst advisory services which aim to put the research into action in a way that is practical and efficient.