Talent Management: Readiness Survey Results ...

Interesting results of recent talent survey ...

Knowledge Infusion performed the 2010 Talent Readiness Survey in the early summer of 2006 to understand the talent gap to be left by retiring Baby Boomers. The study evaluates when people will leave the workforce, if there will be talent shortages that impact business outcomes, the steps organzations can take to find, develop, and retain the critical skills required for success. ...

The survey validates these findings:

Larger organizations are likely to impacted the most by the retiring workforce.

By 2010, a significant portion of the eligible workforce will retire.

To get ready: You must understand the impact on your organization. What percentage of your workforce could retire in four years? If succession planning at your company is focused more on the executive ranks, now is the time to apply succession modeling to your critical skills. Take a skills inventory. Understand the skills across the workforce demographics. Develop a plan to attract and retain the critical skills for your organization.

And, of course, digitizing your talent data enables your organization to provide visibility to this critical workforce information. Cornerstone OnDemand provides integrated on-demand solutions for talent management.

Via Cornerstone OnDemand : Managing Talent in the Face of Workforce Retirement ...