Hay Management Consulting, the CIPD have produced a report that states that:

If the objective of talent management is to ensure that organisations have the right people in the right roles then it’s probably safe to say that for many the process is falling short.

The problem is that many organisations lack the dedicated resources to understand what their organisation will demand from their people in the future.

The result is that they focus on generally enhancing talent without a clear definition of future needs.

As can be seen from my website having a company filled with top talent creates competitive advantage for a business. If talent management (attraction and retention) is becoming an vital differentiator that distinguishes one company from another shouldn’t companies pay more attention to their future talent needs?