RPO and Talent Management Blog by Ochre House | Ochre Talk

Talent Management – a call to arms!

In an in-depth report published last week by Deloitte we can see a stark presentation of some of the very real challenges that face businesses globally with regard to their talent.  At this particular stage of the economic cycle organisations are more vulnerable than ever and the level of competition for talent and future talent means businesses cannot afford not to act.    

Even when looking at talent strategy from a purely defensive view point, 65% of businesses are relying on old methods, seemingly with disregard for the “new norm” that now exists following the recession:  “Nearly half (46 percent) of those surveyed recall that voluntary turnover increased following the 2001-2002 recession. Nevertheless, only 35 percent have an updated retention plan in place to keep hold of talent as the recovery strengthens.” 

In this report Deloitte have made no excuses for recommending that organisations “follow the market leaders” and it is for that reason that we have assembled global HR heads from organisations that are leading with their talent management programmes.  On May 13^th Ochre House are running an event that will focus on action, tapping into experts and hearing what needs to be done and how to go about it. 

This is a time for action, so lets hear from those that have already taken a lead.

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