Came across this from People Management that states
Only 17 per cent of organisations claim to have a good, integrated talent process and dedicated talent specialists in all disciplines, according to research from business advisory group Orion Partners.
The vast majority (95 per cent) of employers described their HR operations as ‘good’ or ‘acceptable’ but only a third made similar claims for their talent processes.
The survey of senior HR professionals from more than 40 large organisations, representing 2.5 million employees, was commissioned to mark the 18th anniversary of the influential Human Resources Champions published by David Ulrich in 1996.
Results suggest that while significant progress has been made in the improvement of HR operations since Ulrich’s theories, including the implementation of shared services and the deployment of supporting technology, the area of talent management has been neglected over the years, with negative consequences for the bottom line.
More than four fifths of the HR professionals surveyed said their organisations were missing out on commercial activities from talent management, with 53 per cent admitting there were plenty of opportunities left to explore.
The article highlights some interesting things but are they surprising as one comment suggests?
Another comment raises the point that if practice is so far out of step with theory, maybe it's the theory that's wrong.
Talent & Retention Strategies have only got 8% (5) votes out of 62 in the DPG survey around priorities for this year so it looks like (whilsta very small strategy) that Talent Management is still not a priority.
Why do you think this is?
Is it not a priority for HR in your organisation or does it manifest in other ways?
What challenges are there around Talent Management?