Business Advice

CEOs Hindered By HR In The Battle For 'Here And Now' Talent Management

30/03/09

By Claire West

HR managers adopting a strategic approach to talent management could be hindering the efforts of CEOs who want to implement more tactical, short-term measures to retain talent, according to Talent Management Consultancy Dynamic Transitions.

Despite challenges from the CIPD that CEOs are still as focused on talent management as they were before the recession, Dynamic Transitions' MD Judith Germain claims that CEOs and HR managers need to focus on working together if they want to get the best out the ever-reducing talent pool.

"HR and CEOs are finally speaking the same language when it comes to talent management,...

...although the dialect still remains distinctly different. Whilst both agree that in the recession talent management remains a key priority, CEOs want to look at talent management over the next year or so, whereas HR is keen to look further ahead. The danger is that the immediate needs of the business is ignored whilst both parties struggle to understand each other."

With continuing debate on where talent management sits in the pecking order for HR Directors and CEOs, Germain argues that in the current climate, HRs need to 'stop dancing around their handbags' and take a tactical approach using a wide range of interventions like training, mentoring and Continuous Personal Development to develop, nurture and retain key talent.

"Right now the attracting, developing and retaining of key talent is essential during these turbulent times and it is important that HR and CEOs are able to work together to improve the business both tactically and strategically. HR needs to forget 'best practice' approaches and concentrate on providing a bespoke solution to the business. Mentoring of key leaders and innovative leadership programmes bespoke to the needs of the business will ensure greater success in the future," says Germain.

Rate

Bookmark

Advertisement

Advertisement