Here are some interesting articles about Talent Management.
Financial Impact of Talent Management Practices Revealed in 2009 Talent Management...
The latest research from Bersin & Associates reveals that talent management processes, often viewed by business managers and executives as non-essential HR formalities, do have significant financial impact. Based on research conducted in partnership with Human Resource Executive magazine, the 2009 Talent Management Factbook identifies
the maturity of talent management practices across different industries and
shows definitive correlation to key business indicators.
The research finds that companies with highly effective talent management
strategies gain these and other benefits:
-- Greater employee productivity. Average revenue per employee is 26%
higher.
-- Reduced employee turnover. Turnover among high-performing employees
is 41% lower and overall voluntary turnover is 17% lower.
-- Improved ability to adapt to today's economy. These organizations
were 28% less likely to have experienced a major layoff (workforce
reduction of 10% or more) between 2008 and 2009, illustrating their
ability to rapidly adapt to change.
More: http://tinyurl.com/talentmanagement19
Growing Number of Healthcare Organizations Select iCIMS for Talent Management Needs
iCIMS, a leading Software-as-a-Service (SaaS) provider, today announced that the company has continued to see an influx of organizations within the Healthcare industry, selecting the iCIMS Talent Platform for their talent management needs. Such notable Healthcare providers as Bayada Nursing, Florida Medical Clinic, Cooper University Hospital, Jhpiego and MedAssurant join over 750 organizations who currently partner with iCIMS to help support their pre- and post-hire needs. Business leaders at these companies cite the cost-effectiveness of a single platform, as well as the inherent flexibility and scalability for future needs, as factors in their decision-making process. More: http://tinyurl.com/talentmanagement20
Avanade Selects SumTotal Talent Development Suite
With more than 8,600 professionals in more than 20 countries worldwide, one of the primary challenges Avanade faced was a manual and decentralized performance management process that required heavy administrative support. By process automation using a user-friendly tool, Avanade hoped to free up and provide more time to its employees who were focused on realizing results for their customers. To streamline and centralize its talent management processes, Avanade chose the SumTotal ResultsOnDemand Talent Development Suite, a comprehensive SaaS solution that integrates learning and performance for true talent development. More: http://tinyurl.com/talentmanagement21