Talent Management: It’s Not Just for HR Anymore

While there are a variety of definitions for talent management, I consider it to be an organization’s commitment to recruiting, retaining and developing the most talented individuals available. Embedded within this very simplistic definition is, of course, an understanding that we must plan and implement HR strategies that strive to increase business value and ensure that our organization achieves its Read More …

Talent Branding Strategies

According to The Conference Board’s CEO Challenge 2014, CEOs have developed a laser focus on human capital and talent management activities and cited human capital as the number one global challenge. While customer relationships, innovation, operational excellence and corporate brand and reputation were also listed as top challenges, identifying ways to develop, engage, manage and retain talent was identified as Read More …

Hiring Model: Churn and Burn

In a report released in 2013, Forrester Research, Inc. reported that 22% of staff turnover occurs during the first 45 days of employment.   In addition, 4% of new hires leave a job after the 1st day. Let that sink in. We regularly see data that shows us that certain positions and industries have higher turnover including that which is released monthly Read More …

How to Lose an Employee in 3 Easy Steps

One of the key indicators we often review both in the overall labor market and within our organization is employee tenure and retention. According to the US Bureau of Labor Statistics, the median employee tenure was 4.6 years in 2012 which has trended up since 2000 when it was 3.5 years.  The BLS points out that one of the factors in Read More …

This Week in HR and Talent Management

This week we’re offering a talent management roundup of some recent posts regarding the use of  data, technology and basic management/leadership skills to provide opportunities for the talented individuals who already reside within one’s organization. First up is a post I contributed to the recent series at Blogging4Jobs for Recruiting Trends Week.  In Internal Recruiting Gets Sexier in 2014 I Read More …