Best Practices for High Impact Talent ManagementSeptember 24th, 2007 |
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Industry friend Bersin & Associates recently published a report on best practices for high impact talent management. The report covers 22 talent management processes that drive the highest levels of business impact.
This research program studied more than 760 organizations business, talent, and HR processes and includes in-depth analysis of 62 best-practice processes, in eight functional areas:
- Workforce planning
- Performance management
- Competency management
- Leadership development
- Succession planning
- Learning and development
- Compensation management
- Talent Management software systems.
We weren’t surprised at all to see that some of the top indicators were related to succession planning (accurately identifying current and future talent gaps), goal alignment (cascading personal goals to manager or corporate goals), and developmental planning (creating developmental plans that cross the organization.)
Stay tuned for more thoughts on best practices in succession planning, goal alignment and developmental planning. Until then, give some thought to what your organization is doing well - and needs to work on - in these three areas.
Tags: compensation management, HR, succession planning, talent managementRelated posts
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