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Tuesday, October 18, 2005

Productivity. Recruitment. Retention

The folks over at Management-Issues offer up this report from Deloitte Consulting, which reveals what HR professionals see as the greatest threat to their competitiveness:

70% - attracting new talent
66% - inability to retain key talent
34% - incoming workers having inadequate skills

Deloitte's new research points to an inescapable conclusion: the widening skills gap is a global phenomenon, particularly among the categories of key workers who disproportionately drive an organization's performance," said Deloitte partner Cormac Hughes.

"This trend will leave behind companies that do not begin to rethink their approach to talent management," he added.

BOTTOMLINE: "Rather than fight a futile 'war for talent', business leaders should 'build talent' by looking within their organisations for the critical skills, knowledge and attributes required to execute their company's most important roles, while continuing to seek to attract the best people."

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