Talent Management: Big Pool, Big Burden

The economic turmoil has brought about a dramatic shift in senior management’s business challenges as cutting and managing costs, frequently with huge layoffs, have become top priorities. Analysts say that sound talent management is in danger of becoming one of the casualties in this environment as the pool of available talent deepens. As the recession wears on, senior industry executives are fighting a workforce management battle on two fronts: cut jobs to save costs and make the most of the talent that remains. Executives “have no illusions”...

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