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Report: Managing Talent Will Be Even Tougher in 2011

Managing Talent Will Be Even Tougher in 2011: “Several trends are expected to make the mission of talent management even more challenging in 2011, according to Douglas Matthews, President and Chief Operating Officer for Right Management. Right Management is the talent and career management expert within Manpower, the world leader in innovative workforce solutions.

    “Retaining, recruiting and managing high performers will become more difficult and complicated in the new year,” said Matthews. “We already see the signs from both job candidates in our programs as well as directly from client companies. And we’re finding it in our research. Concern is growing because talent is increasingly the only sustainable differentiator organizations have. Developing and pursuing a coherent talent management strategy is essential to executing on business strategy.”

  • Talent will look elsewhere for opportunities. In a recent poll of 1,400 workers Right Management found that 84% plan to look for a new job in 2011. While the finding may not actually translate into turnover at such a high level, it no doubt reflects widespread discontent and frustration among employees after two years of recession. Any employer that does not recognize the mood will suffer by the oversight.

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