Despite this figure though, NGA’s global talent management survey found that 51% of respondents feel that their industry suffers from a lack of suitable candidates, while 34% said that their company does not have a talent management programme at all.
The survey of more than 1,100 business people also revealed that 88% believe that “securing the right people at the right place at the right time” is critical in order for the organisation to deliver its vision.
Michael Custers, Vice President of Strategic Marketing at NGA, said:
“Talent management – in particular ensuring that existing talent can be nurtured, new talent can be attracted, and key positions can be replaced if necessary – is a critical concern of businesses.
“There is a real worry out there that there is a lack of readily available talent and that potentially this will impact on a business’s ability to deliver its strategic vision.
“These concerns demonstrate clearly the need to ensure that talent management and HR planning aligns to the wider business strategy. Our findings suggest that more could be done to improve this.”
