Do you have the optimum Talent Management strategies in place to ensure that your organisation can outperform?

ACCORDING TO RESEARCH¹

•  Poor succession planning is wiping £2 billion a year from the stock market value of FTSE 350 companies - equivalent to 0.6% of total UK annual company profits. Companies with clear succession plans out-performed the market by more than 7%.

•  85% of organisations are experiencing recruitment difficulties.

•  77% of organisations are experiencing retention problems.

Nowadays, there are few organisations that do not agree with the mantra that Talent Management is vital to their organisational success. However, many organisations struggle with the challenges of defining what exactly it is that they need to do and where their priorities should be in this area.

What does ‘Great' Talent Management look like?

Every organisation is different and Talent Management can have many different aspects. Pilat works with many leading companies and public sector bodies, helping them to identify, define and implement integrated processes that allow them to achieve their retention and talent objectives. By identifying the common differentiators for successful organisations, Pilat have developed a model for effective talent management which provides a framework for diagnosis, action planning, implementation and refinement.

To find out more about the Pilat Talent Management Model and how other organisations ensure their Talent Management processes deliver successful results:

•  Arrange for a complimentary consultation to discuss your Talent Management issues with one our consultants who will share relevant case studies and experiences with you.

•  Carry out a free Talent Management Audit.

•  Take the opportunity to see the latest technology supporting Talent Management processes, in person or online.

•  Attend one of our online Webinars examining how Pilat's Talent Management approach can benefit your organisation.

EVENT:  The European Leadership & Talent Management Summit

This event clearly demonstrated that there are many different approaches to talent management, as well as a growing desire for a more strategic approach that looks at talent as everyone within the organisation and possibly key players outside the organisation. In addition, there is a growing recognition that a more integrated approach that combines all the different HR processes is essential.

The round table discussions that Pilat hosted on day one of the summit really confirmed this. We are delighted to provide you with links to download four documents that we hope you will find useful (including the feedback as promised to the attendees):

1 The consolidated responses from the round table discussions on:
  a. What does an integrated Talent Management Strategy look like?
  b. What is it that we must measure to prove a return on investment for
      Talent Management?
  c. What will businesses in 2007 expect their Talent Management strategies
      to deliver and provide?

2 A white paper based on research on talent management
   ‘Managing Human Capital – Rhetoric to Reality’

3 A self audit for evaluating your own organisation's strengths and comparative weaknesses
  Talent Management Audit.xls

4 Aberdeen Group Employee Performance Management Benchmark Report 2006
  (sponsored by Pilat)

To more information or if you would like to register for any of the above complimentary services, please contact us on 020 8343 3433 or email info@pilat.com and we will be happy to assist you further.

¹A Barometer of HR Trends & Prospects 2005 – CIPD ( UK )