Global

Details

  • Service: Advisory, Management Consulting, Business Performance Services
  • Type: Survey report
  • Date: 6/3/2014

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. Now, after the economic crisis, the war for talent is back – and companies that rethink their tactics stand to gain more competitive ground as a result.
war for talent
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In a recent global survey of more than 350 People and Change practitioners from across the global network of KPMG member firms worldwide, most respondents agreed there is a new war for talent, and this war is different than in the past:

 

  • Skills shortages are set to increase as globalization 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.

 

Clearly, it’s time to turn to new, more holistic strategies for managing talent across the entire employee population.

 

To learn more read the HR Pulse Flash Report (PDF 1.0 MB) or the HR Pulse SlideShare Presentation (PPT 1.0 MB).

 

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