January 10, 2017
"It is time to move beyond saying that talent is an organization’s most important asset. Organizations need to behave in ways that recognize the strategic importance of talent, and to make design and strategy decisions based on their ability to attract and manage talent. For decades, CEO’s have talked about people as their most important asset, but they have not behaved accordingly when it comes to developing their business strategies, their organization designs, and their talent management practices. It is imperative, in this day and age, that organizations make talent management a key part of their business strategy and management decision making.
How can they do this? First, they need to recognize that the business world has changed, and that talent is, in fact, the most important asset in almost all corporations. A number of major changes, including the globalization of business, advances in technology, and a rapid rate of change in the business environment, have made this happen. These changes have created a world where the manner in which organizations are staffed and their talent managed have become the major determinant of their effectiveness.”
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