WTOP: 5 ways nonprofits can…
Only twelve (12) percent of organizations have a fully implemented talent management strategy, according to a survey by Right Management.
The survey found that little consensus has developed regarding talent management strategy. Twenty-five percent said they have created such a strategy but face challenges with its implementation. Similarly, 7% reported having a strategy but described it as merely a statement of objectives and/or philosophy. The largest group (44%) reported that they have a series of separate HR processes which are not integrated as a true talent management strategy. Twelve percent admit to not having any strategy at all.
“Which of the following best describes the current state of your organization’s talent management strategy?”
- 12%: We have a fully implemented talent management strategy.
- 25%: We have a talent management strategy, but face challenges in its implementation.
- 7%: We have a talent management strategy, but it’s mainly a statement of objectives and/or philosophy.
- 44%: We have a series of separate HR processes, but they are not integrated as a true talent management strategy.
- 12%: We do not have a talent management strategy.