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Details

  • Service: Advisory, Management Consulting, Business Performance Services, Executive Search & Selection
  • Type: Survey report
  • Date: 5/06/2014

War for talent – time to change direction 

Since the war for talent changed how companies manage talent worldwide, HR approaches that focus on high performers have become deeply entrenched. But are these approaches still effective?
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In a recent global survey of People and Change practitioners from across the global network of KPMG member firms worldwide, most respondents agreed the answer is no.

 

There is a new war for talent, and this war is different than in the past.

 

Key insights

  • Skills shortages are set to increase as globalisation and competitive pressures take hold across sectors and industries and improving economic conditions spur employees to seek new jobs.
  • Two-thirds of survey respondents say it is more important to address the talent needs of all employees, in the context of the business and its strategy.
  • Just over half agree or strongly agree that pursuing high potential talent at the team’s expense puts the business at risk.
 

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