Wednesday, July 28, 2004

"Companies Not Well-Positioned to Compete as War for Talent Intensifies, Accenture Research Finds"

As the economic climate continues to improve, the talent war will flare-up but companies will not be prepared. The Accenture survey report details that companies SAY they want leaders and they want organizations that can adapt to change quickly. Only 8% of those companies say they are meeting those goals. The problem is that companies have been focused on controlling bottom-line costs. The first thing to be cut is training and development. Usually. Lip service is paid to training as a means to improve employees skill-sets and productivity, but few companies follow through. The companies that succeed will and indeed, are shifting their strategy towards growth and they understand that to grow, they need talented leaders at all levels.

1 comment:

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