Chapter 8
Strategies for Developing People
To manage talent successfully, executives must recognize that their talent strategies cannot focus solely on their top performers.
(Guthridge et al., 2008)
As we have already discussed, talent management is increasingly seen as a critical element of helping organizations achieve competitive advantage. The growing economic importance of knowledge-based services and products is driving the need for higher level skills in industries as diverse as construction, pharmaceuticals, defence and high technology, which are already experiencing serious shortfalls of available global talent, with even greater shortages predicted thanks to the growing impact of demographic trends. Similarly, skilled workers expect ...
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