You know people are critical to your success. Half of your expenses are related to the human resources in your business so you make it a priority. Despite your efforts you struggle with attracting and retaining great talent, you have higher than acceptable turnover, you suffer from a lack of innovation, and you experience low performance in key jobs. Why aren't you getting the return on your people investment that you need?
Talent management fails to deliver on its promise because of managerial malpractice and Human Resource departments not having the bandwidth to deal with issues beyond benefits, compensation, and compliance. These issues distract organizations from leveraging their talent to increase your ability to drive and achieve your strategic and operating goals.
To really benefit from the power of your talent, you need a systematic way to effectively align placement, learning and development, and performance management with your strategic and operating objectives. This means acquiring, retaining and developing people so that investments in human capital can have the best impact on executing strategy. Without purposefully pursuing talent management you will struggle to maximize the value of Human Capital in your organization.
This can only be accomplished by engaging executives early and often and having a Talent Management Model that is sustainable and agile. The model is driven off of the business goals of the organization and laser focused on understanding the customer needs and expectations. It is everyone's responsibility to create customer value, whether you keep the plants watered, develop technology, or take them to an event.
For more information and a free white paper please go to www.synaptus.com. or contact me at nat.boughton@synaptus.com