The annual global Talent Management Survey conducted by HR services provider NorthgateArinso (NGA) found that 87 percent of 1,119 businesspeople surveyed believe talent identification will be critical to the success of their organizations over the next three years. But more than half—51 percent—believe their industry suffers from a lack of suitable candidates.
NGA offers three tips to HR practitioners to improve their talent management processes:
- Consolidate the technology you are using to help integrate processes. The survey found more than half of businesses are using between two and five technology tools to manage talent management processes. Having a dispersed network of talent management tools decreases HR data quality, complicates the integration of HR processes, and negatively affects reporting and analytical results.
- Articulate an integrated strategy and assign dedicated experts to execute it. Only 66.5 percent of respondents currently have such a strategy, and 40 percent combine it with HR roles.
- Free up time and resources to dedicate to talent strategy. Businesses should consider automating or outsourcing tactical day-to-day tasks to ensure HR teams are not distracted from focusing on implementing talent management processes to meet wider objectives. For more information, visit http://www.northgatearinso.com.