Research from talent management solutions firm Taleo and research company Business Intelligence show that talent shortages are hitting leadership development in UK organisations. According to the new research: 89% of those who were surveyed indicate talent shortages are impacting or highly impacting leadership development in their organisations, while 76% of respondents expect the current talent shortage to remain the same or increase (40%) over the next twelve months.
Alice Snell, Vice President at Taleo Research comments, "The war for talent is intensifying even as the economic slowdown continues. In the last ten years staffing and business challenges have dramatically changed. Talent shortages are now much greater than they were in previous economic slowdowns. Today, companies realise how important employees are in enabling them to reach their business goals, especially if they are to prosper in more testing times. Companies are looking for better ways to gain a competitive advantage through talent management processes."
The research which took in to account the detailed views of 186 UK businesses has been entitled ‘Unified Management: Critical to UK Business'. Of the companies that took part in the survey, 67% think succession planning and internal mobility programmes can maximise the value from current employees. 74% were seeing an increased need to retain top performers by driving the focus on performance management and career planning.
Chris Crawford is the MD of BD Recruitment a specialist recruiter for the creative recruitment, marketing recruitment and technical recruitment industries, based in Manchester, UK. |