Connecting...

Talent management dominates business aims in 2014

Insight | employee engagement | Human capital | Critical talent

W1siziisijiwmtcvmduvmdmvmtmvmtavmtavmti1l3rhbgvudc1tyw5hz2vtzw50lwrvbwluyxrlcy1idxnpbmvzcy1haw1zlwlultiwmtquanbnil0swyjwiiwidgh1bwiilcixmdawedqwmcmixv0

The key aim for businesses in 2014 will be implementing more efficient talent management strategies, in a bid to maximise future growth, a new survey from the Chartered Management Institute (CMI) has found.

The study, which was produced alongside The Conference Board, found that company bosses are adopting a worker-centric approach in 2014, with the number one priority of business leaders being reshaping workplace culture.

With employee engagement and better management at its heart, the general consensus is that this will improve competitiveness, as well as winning new customers and boosting productivity.

Across the world, the issue of Human Capital - namely how best to develop, engage, manage and retain talent - is the leading challenge facing businesses, followed by Customer Relationships, Innovation, Operational Excellence and Corporate Brand and Reputation.

As well as broadening their recruitment horizons, firms are focusing on creating a strong internal talent pipeline, with nine out of the top 10 Human Capital strategies selected focusing on providing training and development.

Other tasks include raising employee engagement and increasing efforts to retain critical talent, with an improvement in leadership development programmes also targeted as greater emphasis is placed on the importance of management performance.

When asked to identify the leadership attributes most critical to future success, CEOs rated integrity number one, as well as the ability to lead change, manage complexity, and retain and develop talent.

Petra Wilton, the CMI’s director of strategy, said that building world-class workforces is a "top challenge "for CEOs, but welcomed the increased recognition that leadership development is critical to achieving this.

"Leadership attributes like integrity, leading change and managing complexity are fundamental to cracking the challenges facing managers and leaders in the year ahead, and will be absolutely key to future success," she added.

Rebecca Ray, senior vice president of Human Capital at The Conference Board and co-author of the report, added: "Business leaders worldwide are working to optimise their greatest resource - their employees, and those who will lead them. This emphasis on people-related issues makes perfect sense in a still-uncertain economy."


Posted by Jon Aspinell on 16th January 2014

SHARE

RECENT CONTENT
W1siziisijiwmtcvmdcvmtavmtavndcvntgvmjy1l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznelv2turrdk5etxhmm2rwy21vdwfulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Software Developer (C#.Net)

South West London

£70,000

A market leading software company boasting some of the world's leading technology companies as customers is looking t...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndcvntgvmjy1l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznelv2turrdk5etxhmm2rwy21vdwfulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Lead Systems Engineer

Woking

£85,000

A leading international business with a key office near Woking is seeking to add a very experienced Lead Systems Engi...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndcvntgvmjy1l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznelv2turrdk5etxhmm2rwy21vdwfulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Senior Support Engineer

Twickenham

£30,000

A well-established IT company in the Twickenham area, whose core business is IT network infrastructure and desktop su...

READ MORE
W1siziisijiwmtcvmdqvmjqvmtevmjavmjcvmtyvahixlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Payroll / HR Administrator

London

N/A

The Ashdown Group has been approached by a prestigious London attraction to assist them in their search for a Payroll...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndcvntgvmjy1l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznelv2turrdk5etxhmm2rwy21vdwfulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Senior IT Systems Engineer

Surrey

£50,000

My client is a well-established Microsoft Gold Partner going through continued growth and expansion. This is an excel...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndkvmduvmta4l1cxc2laaulzswpjd01uy3znrfv2twpzdk1urxznakl2turndk9euxpmmezqwxkxdgfxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Purchase Ledger Clerk

West Drayton

£23,000

An urgent requirement has arisen within a well-established logistics company for a technically adept Purchase Ledger ...

READ MORE
W1siziisijiwmtcvmdcvmtqvmdkvntyvmtevnjm5l1dvcmsgagfyzgvymi1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Advice

What to look for in the perfect application

There are few things more detrimental to a company than making the wrong hire for a critical role. A recent study by ...

READ STORY

W1siziisijiwmtcvmdcvmtavmtavndmvnduvnju2l1vudgl0bgvkms1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Advice

How can you make your workplace more attractive to top talent?

Businesses are facing a challenge in trying to attract top talent to their workforces in the current economic climate...

READ STORY

W1siziisijiwmtcvmdcvmdqvmdcvntyvndkvmty1l0hpcmluzy1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
News

Skills gap ‘costing UK businesses £2 billion a year’

The skills gap is costing UK businesses more than £2 billion a year in higher salaries, temporary staff and recruitme...

READ STORY

W1siziisijiwmtcvmdyvmjkvmtevmdmvntuvnjk4l1dob29wcy5wbmcixsxbinailcj0ahvtyiisijmznxgxnzajbmuixv0
News

UK businesses ‘making bad hires in two-fifths of roles’

UK businesses are failing to hire the right person for two out of every five vacancies, a new report from the Recruit...

READ STORY

W1siziisijiwmtcvmdyvmjkvmdgvmzkvmtgvmtqxl0nvbgxhyi1taw4uanbnil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Insight

Should you be using social media in your recruitment strategy?

It has evolved into a particularly useful tool for companies looking to attract younger, tech-savvy candidates. Howev...

READ STORY

W1siziisijiwmtcvmdyvmjivmdkvmzmvmtuvodc3l1f1zwvucybtcgvly2gtbwlulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mcnuzsjdxq
News

Business responds to Queen’s Speech

This year’s Queen’s Speech follows a tumultuous period in British politics, with Article 50 being triggered and a sna...

READ STORY