YOUR CAREER
Robyn Crigger, CEO Compass Career Management Talent Management- Why Is It Important To A Company?
For the past thirty-five years or so, businesses have had a fairly dependable, hard-working, and skilled workforce. Of course, part of that is due to the excellent training that employers offered. However, one of the largest generations of workers (Baby Boomers) is now preparing to retire.
Over the course of those 35 years employers would recognize talented or aggressive employees, who wanted to grow and expand their abilities. Most employers were consciously aware of the need for future management or business leaders. Therefore, businesses would have plans to develop those capable employees, who had the potential for jobs with more responsibilities.
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For example when my husband graduated from college with his Masters degree and chose to be in the grocery business, the company exposed him to all aspects and levels of the business, particularly since he was going to become a human resources management executive. It gave him great insight to understand all the “workings” of the business. In addition, the company also trained him in union negotiation, many legal aspects of the business, as well as media training. That company was an excellent employer – training a talented employee to develop and grow into his full potential, while meeting a company’s needs. Though the phrase wasn’t used back then, this process would now be referred to as “Talent Management”.
Unfortunately, many employers today have been so plagued by a distressed economy, that they have mainly focused on surviving. This really hurts employers now since the Baby Boomers will soon be retiring, and their talent pools have received little or no training. A big portion of Boomers hold leadership or management positions. As they exit, many companies do not have people trained to be effective supervisors, managers, or executives.
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Programs like Leadership Training, Team Building, and Executive Coaching have fallen to the side while companies have tightened their spending to survive. The worst of the recession may have slightly eased, however, companies still need to be cautious. On the other hand training and coaching NEEDS to be resumed in order to avoid serious casualties as the Boomers leave.
Talent Management is a process that all organizations and companies need to have in place, which helps them prepare for Succession Planning. Eventually, all those hard- working, mature employees will be ready to take their retirement and turn the keys over to the next generation. That time is quickly approaching!!! Companies would be wise to select a human resource partner to help them through this transition. It is unfair to drop unprepared, untrained workers into supervisory or management slots. That is devastating for a company! Take action today!!!
For More Information: MORE INFO !"#$%&'()&*#"(+,#-#./01%**# .%&))&#2%(%3)0)('#4/56'7/(*# !!!"+/01%**+%&))&"#$%& '()*+&,*-./0))& 1#1233415#$%6788#71441"#$%
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