Top Talent Strategy
Organisations place a high premium on talent.
Therefore, having a well defined talent management strategy can not only improve the ability of an organisation to attract great people but also improves their ability to retain this talent as well as further talent development and leadership development.
According to HRD, "The best talent management strategy is the marriage of the organisation’s goals and objectives and the personal developmental aspirations of its present and future talent."
A well-rounded talent management strategy includes:
- Talent attraction and recruitment - Organisations often underestimate the cost of recruiting the wrong talent.
- Building and deploying talent - This is focused around personal development of people and deploying talent at the right time (projects, strategic initiatives etc).
- Talent retention - studies show that losing talent can be incredibly costly to an organisation and the cost only increases as roles become more senior.
Making talent a key strategic pillar will mean it is at the forefront of regular conversations at Board and Executive level resulting in better succession planning and a stronger focus on attracting the right talent into the organisation.
If you’d like some ideas on how to attract top leaders to help you deliver on your organisation’s goals during the remainder of 2024, then drop me a private message or email at [email protected]
Check out our Talent Acquisition Scorecard. It's designed to give organisations an insight into what's working in their talent acquisition and areas for improvement. Check it out via the link below.
Did you enjoy reading this newsletter? Please consider clicking the “Like” button and sharing it on LinkedIn, Facebook & X (Twitter)!