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Talent management systems ‘need to be used effectively’
Only half of British employers have some type of talent management system set up in the workplace, new studies find.
Research conducted by the Chartered Management Institute (CMI) and Ashridge Business School also reveals that a number of organisations have problems in separating performances from talent management.
In addition, 35 per cent of respondents believe that their organisation has no management system in place, news that may be of interest to public sector officials looking for optimum employment retention techniques.
However, 80 per cent of those questioned claim that recruiting the right staff is a problem.
Commenting on the figures, Mary Chapman, chief executive of the CMI, says: "Even where talent management systems are in place, many employers fail to use them to drive performance and competitiveness."
She adds that if British employers are to succeed on an international scale then "talent management systems should be aligned with business strategy".
Earlier this month, research released by FSS and sister company Crone Corkill revealed that more than 70 per cent of job seekers would stay in their present job if more opportunities were available to them.
More about talent management.
