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Talent management 'still a worry for chief executives'
Many company leaders believe the HR function has failed to solve issues of talent management, according to one expert.
In comments reported by People Management, HR consulting partner at PwC Neil Roden said the problem has moved up the business agenda as companies emerge from the global economic downturn.
A recent study of 1,200 chief executives by PwC showed that 83 per cent of company bosses believe they need to alter their talent management strategy immediately.
Speaking at a networking event hosted by Ceridian, Mr Roden claimed many corporate leaders are still worrying "whether they have enough good people to do what they want", 14 years after the influential War on Talent report was published by McKinsey.
The expert said talent management has been among the top five concerns cited by chief executives for several years.
"Suddenly, it's zoomed up in position because we're moving out of recession into growth," he added.
The survey showed that talent was third on the list of priorities for chief executives in 2010, but has since moved ahead of other concerns such as risk management and investment.
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Categories: Human Resources