A key role for HR in the coming years will be to persuade managers against "talent hoarding" and convince them that their job is to develop, then let go of, their talented people, says global talent management expert Josh Bersin.
Organisations often make the mistake of using performance as their only selection criterion for high potential programs, but populating development programs with high performers can often lead to much lower success levels, according to a talent analytics expert.
An Australian business has saved $1 million in recruitment costs and now fills 80 per cent of its vacancies through internal promotion, after refining both its hiring and development processes.
Employers that create effective workforce strategies for the future and build a "mission-critical talent pipeline" have a major competitive advantage over their counterparts, but many organisations are still operating with half-baked strategies, according to new research from Manpower.
A workforce strategy is critical to making the most effective decisions about managing people, performance and risk, but according to expert Colin Beames, very few organisations actually have one.
Many organisations have bundles of HR policies, and undertake workforce planning and talent management, but they don't have a workforce strategy. Watch this webcast to understand how to take a strategic approach to human capital.
Assessment of employees' career drive and aspiration plays a minimal role - or none at all - in most employers' high-potential programs, but it should be fundamental, says leadership expert Sean Dineen. Here's what you should be assessing.
Australia's egalitarian culture is holding organisations back from developing employees with high leadership potential, while those employers that do invest are often assessing the wrong traits, according to Right Management principal consultant, Nick Grage-Perry.
A high-potential employee is more than 50 per cent more valuable to an employer than an average one. But how do you identify them? And how do you help them reach their potential? Watch this webcast to find out.
An organisation can have a fantastic leadership development program in place, but without a meaningful conversation about an individual's personal and professional goals, many succession plans "will fall down", warns Lee Hecht Harrison leadership development director, Dee Fitzgerald.
Some employers have successfully stepped up to the task of managing psychosocial safety, but in many other workplaces, initiatives are falling flat. Join us for an HR Daily webinar to understand what's holding back progress in this critical space and how to move forward.
