Talent Risk is Business Risk: Managing talent risk is an integral part of managing business risk, building resiliency and agility, and positioning for growth. Yet many companies—including high-performance organizations—struggle to identify and deal with risk in their workforces.
In this unpredictable business environment, the ability to hire and retain skilled employees and manage the risks associated with developing critical and top talent plays a key role in overall and sustainable business success. Yet, only 45% of companies with more than 1,000 employees surveyed by the Institute for Corporate Productivity (i4cp) indicate they have a process in place to address organizational-level talent risk – and of those, nearly one-half don’t know how to measure the real cost of their talent risk.
In this session you will learn:
- Key findings and next practices revealed in the latest research
- Practical examples of how high-performance organizations are managing talent risk
- Implications for L&D with recommendations on how to start mitigating talent risk today