RPO and Talent Management Blog by Ochre House | Ochre Talk

Another month, another PWC Saratoga report, this time looking at US Human Capital Effectiveness

Focussing on the US, the report includes 2011 data from more than 300 organisations representing 12 industry sectors.  The average company in the report has annual revenue of $5.5 billion and 19,500 employees.

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The world we live and work in has become increasingly complex in the past two decades. Rapid advances in technology, together with globalisation have changed the way the business world works. The result is that in most multinationals we now have very complex matrix reporting structures, a proliferation of geographically dispersed teams, managers who would not be able to complete the work of absent team members, and more stress and pressure than ever before.
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As most of you know Ochre House hosted its annual HR Leaders conference last month, with a focus on re-defining business value through a talent centric approach. And the speakers certainly got me thinking.

It appears that the West is slowly losing its economic power as potential moves to new powerhouses in the BRIC countries and Goldman Sachs’ ‘Next 11’ and one of the effects of this is increasing pressure on HR to deliver new, more effective talent strategies. But according to one of the speakers at the conference, the industry will only succeed if it can learn to master an organisations changing complexity and speak the ‘language of business.’ 

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Quarter 4 tends to be the time of year when organisations begin their business review process, reflecting on the past year and brainstorming their strategies for the future. For those relatively rare players that have them in place, they’ll also be reviewing their 3-5 year plans and building the roadmap to achieve them. However far ahead a company is trying to reach they’ll need to be considering goals and objectives, and possibly more importantly, the talent that will be required to achieve them.
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You may remember in June 2007 Gordon Brown announced that his was to be a “government of all the talents”. A bold statement indeed, and one that left me feeling a little aggrieved that under Blair we must have only had “some of the talents” or even worse, perhaps “none of the talents”?! Brown was certainly excited to be in charge, and obviously felt that his team selection was superior to that of his successor – he had removed half of Blair’s team and moved most of the others to new roles, but critically, was still drawing on the same rather tired talent pool.
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