Most business owners agree that talent management is of strategic importance. In a comprehensive study conducted jointly by Hewitt Associates and the Human Capital Institute, nearly 700 senior-level talent leaders ranked the top workforce challenges facing today’s business owners as follows:
- Attracting and retaining skilled professional workers;
- Developing managerial capability;
- Retaining high performance;
- Developing succession pool depth;
- Addressing shortages of management or leadership talent.
—Vince DiCecco, Your Personal Business Trainer