Introduction to Total Talent Management
According to U.S. labor statistics, about 60 percent of today’s managers will retire by 2020. As baby boomers exit the workforce, overall demographics show that, because of birthrates and generational gaps, not enough new talent is emerging to fill those slots.
In business environments that depend on continued growth and increased productivity, the problem of talent shortage and the loss of knowledge and skills, due to voluntary disengagement and retirement, is growing exponentially. Symptoms such as high turn over, rising labor costs, open positions critical for organizational effectiveness, and rising talent acquisition costs, will increasingly compromise organizations in their ability to execute on strategic business opportunities.
A clear vision is needed to approach this looming talent and management crisis. Businesses must address these issues with a systematic Total Talent Management approach that integrates functional areas of HR with the strategic direction of the business.
MRC’s Total Talent Management strategy consists of the following elements:In addressing the total spectrum of Talent Management, HR must effectively integrate the areas of talent acquisition, performance management, and talent development into a single, aligned strategy for human resource focused organizational development.
MRC’s Total Talent Management Assessment is designed to identify the readiness level of an organization to successfully address the recruitment and retention challenges of the future.
MRC’s Total Talent Management approach provides our clients with custom solutions in the critical areas of Talent Acquisition, Talent Retention, Talent Management and Talent Development. Our consulting solutions are designed to keep your employees aligned with the direction in which you are taking your business and to keep them engaged as you address the challenges that lay ahead.
For more information please visit www.mrcHRconsulting.com or contact our Fort Worth office at 817.337.3546.
