Executives everywhere acknowledge that finding, retaining, and growing
talent counts among their toughest business challenges. Yet to address
this concern, many are turning to talent management practices that no
longer work--because the environment they were tailored to no longer
exists.
In today's uncertain world, managers can't forecast their business needs
accurately, never mind their talent needs. An open labor market means
inevitable leaks in your talent pipeline. And intensifying competition
demands a maniacal focus on costs. Traditional investments in talent
management wind up being hugely expensive, especially when employees
you've carefully cultivated leave your firm for a rival.
In Talent on Demand, Peter Cappelli examines the talent management
problem through a radical new lens. Drawing from state-of-the-art supply
chain management and numerous company examples, he presents four new
principles for ensuring that your organization has the skills it
needs--when it needs them. In this book, you'll discover how to:
- Balance developing talent in-house with buying it on the open market
- Improve the accuracy of your talent-need forecasts
- Maximize returns on your talent investments
- Replicate external job market dynamics by creating an in-house market
that links available talent to jobs
Practical and provocative, Talent on Demand gives you the ideas and
tools you'll need to match the supply of talent to your demand for
it--today and tomorrow.
