Transcription of Nine Best Practices for Effective Talent …
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Nine Best Practices for Effective Talent …
WHITE PAPER NINE BEST Practices FOR Effective Talent MANAGEMENT1 Development Dimensions International, Inc., MMVI. Revised MMIX. All rights idea of managing Talent is not or five decades ago, it was viewed as aperipheral responsibility best relegated tothe personnel department. Now, Talent man-agement is an organizational function that istaken far more seriously. In The ConferenceBoard s 2007 CEO Challengestudy1, CEOs rankings of the importance of finding qualified managerial Talent increased by 10percentage points or more when comparedto the same research conducted just oneyear earlier. Research conducted in 2008 by DDI and the Economist Intelligence Unit(EIU)2found that 55 percent of executive-level respondents said their firms perform-ance was likely or very likely to suffer in thenear future due to insufficient leadershiptalent.
WHITE PAPER — NINE BEST PRACTICES FOR EFFECTIVE TALENT MANAGEMENT 3 2. Talent is a rapidly increasing source of value creation. The financial value of
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