Managing Talent in your organization
Career Development and Succession
Management are the Yin
and Yang of managing talent in your organization in the future. Employees
drive to build a
career within an organization; while the organization provides the planning,
resources and communication for them to realize their dreams.
Your Employees are typically the only
assets you have that Appreciate.
The future success of your business
is in managing your Human Capital Assets…the knowledge and experience
of your employees. By initiating and supporting employee Career Development
processes and Succession
Management processes the value of your Human Capital Assets appreciate.
It’s not enough to have the right people on the bus
in the right positions. Today, keeping them challenged and satisfied
is critical to
also meet your future staffing needs.
Losing key talent could cost you two to three times the employee’s
annual salary, while availability of talent in the labor market is shrinking.
“In these days of talent wars, the best way to keep
your star performers is to know them better than they know themselves
use that information to customize the career of their dreams.
Business Review article: Job Sculpting: “Art of Retaining” Your