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Spring 2008 Talent Pulse Survey

Focus on Talent Still on the Rise

Publication Date June 2008
Publisher IDC
Product Type Report
Pages 12
ISBN Number not applicable
Product Code IDC04227
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Summary

This IDC study discusses how, even in a weakening economy, it appears that the talent management market for vendors remains hot. To examine the buyer side of the market to unearth talent trends and initiatives, IDC conducted its fourth annual talent pulse survey at the Vurv Revolution customer event that took place April 6–9, 2008, in Orlando, Florida. Clients in attendance were a blend of HR and recruiting executives from many well-known firms. A total of 50 of the several hundred event attendees responded to the survey, which covered topics such as candidate shortages and talent strategy.

Changing business demands are driving an increase in the overall focus on talent, said Lisa Rowan, director of HR and Talent Management services research at IDC. It is apparent, though, that the majority of employers are not yet measuring the impact of talent on business outcomes. There is ample room for opportunity and vendors that can help clients bridge this gap will be offering a valuable service to the market.

Content

  • IDC Opinion
  • In This Study
    • Methodology
  • Situation Overview
    • Talent Initiatives
    • Figure: Importance of Talent Initiatives
    • Talent Shortages
    • Figure: Candidate Shortages by Job Type, 2007 and 2008
    • Figure: Degree to Which Competition for Talent Is Increasing
    • Figure: Change in Cost of Talent Acquisition and Retention in Past Year
    • Focus on Talent
    • Figure: Degree to Which Organization Versus Senior Leadership Are Focused on Talent
    • Figure: Change in Focus of Talent Management in Past Year
    • Talent and Business Outcomes
    • Figure: Degree to Which Talent Focus Links to Business Results
    • Driving Talent
    • Figure: Top Drivers of Talent Initiatives
    • Talent Function, Scorecards, and Measurement
    • Figure: Separating the Talent Function, Talent Scorecards, and Mapping Talent to Business Outcomes
    • Talent Technology Plans
    • Figure: Talent Areas for Technology Modernization
  • Future Outlook
  • Essential Guidance
  • Learn More
    • Related Research
    • Synopsis

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