PRZOOM - /newswire/ -
Delray Beach, FL, United States, 2014/06/06 - The Industry Perspective, by Laci Loew, Shows Sharp Contrast between Urgency of Today’s Talent Issues and Organizations’ Ability to Respond; Report Also Identifies 6 Global Talent Concerns and 10 Top Research Findings.
Brandon Hall Group today released new benchmarking research that identifies a sharp contrast between the urgency of today’s human capital issues and organizations’ capability and readiness to answer.
The industry perspective report, based on an analysis of survey data plus interviews and focus groups, includes four critical trends regarding how high-performance organizations are re-imagining and re-cutting their talent strategies, six global talent concerns based on those trends, and 10 top findings of the survey research.
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.”
About Brandon Hall Group
Brandon Hall Group (brandonhall.com) 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.