Improve business performance with talent management and planning
Hong Kong – (15/08/2012) – Research lead by leading Business Execution software company SuccessFactors revealed that eighty-three percent of employees do not feel their skills are being fully used and fifty-eight percent of employees are prepared to leave if they are not developed by their employeri.
Employees recognise they have the capacity to be developed but their employers are potentially unaware. As a result, all those valuable skills and experience could simply walk out the door and probably straight to a competitor. This shows that businesses can improve performance and mitigate some of the risk of the skills shortage simply by taking a good look at their most prized asset – their people.
Many organisations are now using integrated workforce analytics solutions to gain important insights for example understanding the workforce’s capabilities and where the skills gaps are now, and in the future. These solutions give the business the power to make informed talent decisions. Without integrated talent and analytics systems, important intelligence about your workforce is lost in a deluge of data living in disparate systems, so important talent decisions are effectively being made blind.
As the shortage of key skills grows, there are many questions being asked about the workforce: Where are the gaps that could impact business performance? Where will the talent shortages be in the future? Are those people already in your existing workforce? If not, how much will it cost to find them or replace them if they leave?
The Business Execution software company is offering a benchmarking test that allows companies to see how they compare to other companies in terms of skills and performance. Immediate recommendations on what you can do to improve and where to get guidance on creating a winning talent management strategy will be made.
Visit http://www.successfactors-skilledworkforce.com/benchmarking.php to take SuccessFactors’ benchmarking test. In addition, to read and learn about the company’s business execution software, visit http://www.successfactors.com.
i ‘The SuccessFactors Employee Perspectives Snapshot 2012’ – Conducted by Vanson Bourne
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