RPO and Talent Management Blog by Ochre House | Ochre Talk

Talent Intelligence, the new era of talent management

Last month Taleo published an interesting paper on talent intelligence. The paper uncovered valuable insights on the age old challenge for HR; providing meaningful intelligence and business insight. Below is a snapshot of the key findings (courtesy of onrec )

• 91 percent of respondents want information on the competency/skills gaps in the workforce but only 55 percent have access to reliable data in this area

• 90 percent say that it is important to have information on how individual’s goals are aligned to business but only 57 percent have access to reliable information

• 82 percent consider data on succession bench strength is important but only a minority (41 percent) have access to reliable data on it

The paper goes on to state that only 33 percent of organisations have access to reliable data on the quality of hire and just 55 percent of companies know if they have the skills to execute their business strategy.

Furthermore, 56 percent of businesses have no access to reliable data on the top performing employees that are not on any succession plans. Almost half (49 percent) of all respondents do not have any insight into the number of new hires that leave the company voluntarily within the first year.

So what does this mean?

• Nearly half of organisations don’t know who their top performers are

• Over half don’t know what their bench strength looks like

• Nearly half don’t know if their new hires turned out to be any good

In summary we can conclude that half of businesses are been driven in the dark. The performance of their people is ultimately a guessing game.

Do you share these challenges?

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