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It's 2008: Do You Know Where Your Talent Is? - Why Acquisition and Retention Strategies Don't Work
sponsored by SAP America Inc
Posted:  10 Sep 2008
Published:  09 Sep 2008
Format:  PDF
Length:  19   Page(s)
Type:  White Paper
Language:  English


ABSTRACT:
Globalization is a force for both collaboration and competition. It is also proving to be a contest for resources-both natural and human. In an age in which growth is largely a product of creative and technological advancements, companies that want to dominate their industries must be able to attract and retain talented employees. They must also engage people like never before if they want to innovate and grow. Only those companies that win the hearts and minds of their top talent will be able to deliver value over both the short and long terms.

The contest for human capital is evident everywhere, although the nature and significance of trends vary from country to country. Throughout the Western world, the retirement of the Baby Boom generation will create large vacancies across industries. In Europe, that trend will be particularly potent due to low birth and immigration rates. In China, the single child policy has led to a deficit of skilled workers, especially in urban areas. These massive shifts in the workplace population will be exacerbated by educational trends. In the United States, Germany, and Japan, for example, the percentage of students graduating with science and engineering degrees hovers in the single digits, far below the percentage figures for India and China. Such trends suggest a talent market unlike any that we have seen.



Author

Robin Athey
Research Director, Organizational Performance ,  Deloitte Services LP
Robin Athey leads Deloitte’s research on the human aspects of organizational performance. Her studies investigate the links between organizational knowledge, learning, leadership, collaboration, and performance. She has led a bi-annual Sales Executive Forum with partners from Columbia University and INSEAD, and produced studies and articles on diverse topics, such as knowledge and content management, privacy, and the mobile enterprise, teaming with faculty from MIT and Harvard Business School. Her current series on Talent Management will be offered in five parts. Internally, Robin has served as advisor to Deloitte’s knowledge management group. Externally, she has sat on councils at the Conference Board and Harvard, and served on the board of the UN Association. Prior to joining Deloitte Research, Ms. Athey spent ten years as a manufacturing consultant and senior executive, living and working in eight countries across Asia, Europe, Latin America, and the former Soviet Union. She holds a B.S. in Industrial and Systems Engineering from the University of Florida and a M.A. in International Economic Policy from Columbia University.



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