12 May 2019

Use succession business metrics to develop a strategy to retain top talent and reduce external recruiting expenses. It’s inevitable—eventually every employee will leave an organization. So why not proactively plan for talent loss? Often, an organization seems surprised and caught off guard when a talented employee leaves, and this surprise is typically followed by a costly and time-co...

17 Apr 2019

What Is It and Why Do You Need It? You’ve been bombarded with information about Talent Management in recent years. More and more people are in Talent Management positions in organizations. And yet, confusion about what a talent management strategy is, and why it is critical for your business seems to be increasing. The phrase “talent management” seems to be used now for a variety of h...

13 Nov 2018

If you go to the doctor, what does the doctor do first? The doctor takes your blood pressure, weighs you, takes your temperature, etc. In other words, the doctor is taking your “baseline metrics” to identify potential medical issues, and to determine how these metrics might be affecting your health. Similarly, to determine the “talent pain points” and metrics that affect the “talent ...

06 Aug 2018

Some organizations worry that they will spend precious funds on developing people who will then leave the organization after “building up their resume”. It is true that no matter what we do, we will have some top talent leave the organization after investing in their growth and development. However, here are other ways to look at this concern: The risk of spending time and money o...

15 May 2017

1. A successful business always has contingency plans and risk management strategies in place to reduce risks. Can you imagine an organization saying, “We don’t worry about a security breach of our system data—we’ll just figure it out when that happens.” And how successful will a business be without financial investments and reserves, as a part of a financial risk management plan? Wha...

13 Mar 2017

The Board of Directors of any organization is responsible for protecting the interests of the investors, shareholders, customers and employees. The Board must be forward-looking at all times, working to ensure the long-term sustainability and success of the organization. The Board is responsible for overseeing the strategy, for reducing business risks and expenditures, and for identifyin...

12 Jan 2014

Over the past decade, many organizations and corporations have implemented talent review meetings and succession planning to regularly discuss employee career paths and organization talent needs. This is a still a new risk management function for many organizations. Some organizations have found these processes to be highly beneficial, but others have not seen the results they were hopin...

12 Jan 2014

What Do They Have in Common? Colombia—what a beautiful country with a growing economy and wonderful, talented people! My visits to Colombia to work with Human Resources professionals to help them implement Talent Review and Succession Planning strategies have been both enjoyable and productive. What have I learned from my friends in Colombia? In addition to the fact that Colomb...