Sunday, 01 November 2009

Okay, Okay, We Get It About Talent Management! But Do We Really?

Written by Lorrie Lykins from i4cp "Most companies that say they are working in earnest at integrated talent management readily acknowledge that they don't do it very well."

Lorrie Lykins

Welcome to our continuing TrendWatcher podcast series here on Total Picture Radio, with Peter Clayton reporting. Total Picture Radio has formed a strategic alliance with The Institute for Corporate Productivity i4cp, allowing us to publish on our site the compete weekly research report in their TrendWatcher initiative, as well as record a weekly interview with the lead author of the article. Joining us today from St Petersburg, FL, is Lorrie Lykins, Managing Editor at i4cp.

So there's good news and not-so-great news about talent management (TM): On the positive side, organizations - especially top performers - recognize that operating in silos restricts their ability to respond quickly to changing business needs. A holistic approach to talent management has become mission-critical. Some organizations have already plunged full speed into integrated TM, but with mixed results. The bottom line is this: We get the message about the importance of TM, but when it comes to practical application, most organizations haven't yet gotten it right.

Stay Tuned... Our exclusive interview with Lorrie will air soon

Uncovering the Secrets to Higher Productivity

Written by Mark Vickers from i4cp

Mark Vickers

Welcome to our continuing TrendWatcher podcast series here on Total Picture Radio - this is Peter Clayton reporting. Total Picture Radio has formed a strategic alliance with The Institute for Corporate Productivity i4cp, allowing us to publish on our site the compete weekly research report in their TrendWatcher initiative, as well as record a weekly interview with the lead author of the article. Joining us today from St Petersburg, FL, is Mark Vickers, vice-president of research at i4cp.

If you could use some hopeful business news these days, then we've got just what the doctor ordered: an injection of higher confidence in future labor productivity.

Why is this such good news? Nobel Prize-winning economist Paul Krugman has stated, "Productivity isn't everything, but in the long run it is almost everything."

Stay Tuned... Our exclusive interview with Mark Vickers will Air Soon

The Time to Plan Is Now

Written by Carol Morrison from i4cp

Why is it so hard to be proactive - to actually plan for those workforce needs?

Welcome to our continuing TrendWatcher podcast series here on Total Picture Radio - this is Peter Clayton reporting. TPR has formed a strategic alliance with The Institute for Corporate Productivity i4cp, allowing us to publish on our site the compete weekly research report in their TrendWatcher initiative, as well as record a weekly interview with the lead author of the article. Joining us today from St Petersburg, FL, is Carol Morrison, researcher at i4cp.

Maybe companies are so busy trying to survive the moment, they just don't have time. Research conducted by i4cp (2008a) found that only about a quarter of responding firms said they had formal plans for their future hiring needs, although the figure was 50% for large organizations.

Or perhaps planning just isn't the forte of a lot of U.S.-based companies. When Watson Wyatt polled organizations in 37 countries in late 2008, the results showed that more than eight out of 10 UK firms had workforce plans in place to help them deal with staffing issues resulting from economic fallout. In Ireland, the percentage was 85%. Even in Italy, which often doesn't fare well in employment issues, 82% of firms had contingency plans.