1. Challenges we address:
• Positioning your people and
Talent Management
organization for accelerated growth
Creating a competitive differentiator through your people is more critical
• Identifying your high-potential
people and developing now than ever. Having a workforce that is optimized for the existing
that potential market challenges as well as properly poised for future growth will only
• Actively transferring critical get you through the rough times. More importantly it will also position
knowledge and relationships
your company to lead during the upswing. Successful talent management
• Engaging with your people to
understand and address issues is a key component to ensuring your people are aligned, optimized, and
and performance that affect ready for growth – ultimately creating a competitive differentiator.
productivity and innovation
• Aligning individual and group
incentives with appropriate What is Talent Management? Why Talent Management?
business goals Talent management is the process of There are several reasons for focusing
• Attracting and retaining enough supporting new and current employees on talent management. Some of the
qualified people at all levels to
through their entire careers with your more compelling include:
organization. This includes processes
meet your organization’s needs • Companies that invest in talent
and technology that support the
• Helping balance requirements company’s ability to recruit, hire, management practices are more
of multiple generations within develop, engage, and retain employees. likely to outperform their industry
your workforce By creating an integrated infrastructure peers, according to Integrated
(processes and technology) aligned to Talent Management, a 2008
• Creating a competitive differentiator your business strategy and supported study by IBM and the Human
through your people by solid organizational commitment, Capital Institute (HCI).
talent management becomes an important • With the constriction of the
* Source: CedarCrestone study revealed a strong correlation between organizations with integrated or mixed talent
differentiator to your business. worldwide economy, recognizing
the right people to retain, promote,
management solutions and operating income growth as measured over a two-year period. December 2007
and transition is critical.
Correlation Between Talent • Recruiting, retaining, and developing
high performing employees is
Management Solutions and essential to company success.
• The cost of filling the vacancy of a
Operating Income Growth* skilled technical employee has been
estimated to be as high as 120%
Partial or Complete of the yearly salary attached to
TM Solution that position (Talent Management
and Workforce Practices, 2006).
• Highly skilled and engaged staff
27% are often the only key competitive
advantage for a company
(The Tipping Point for Talent
Management – HCI, 2006).
No Solution
12%
Your People = Your Success