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Why Your Nonexistent Talent Management Strategy is Costing You Money and How to Fix It

White Paper Published By: Cornerstone OnDemand
Cornerstone OnDemand
Published:  May 15, 2015
Type:  White Paper
Length:  25 pages

Research shows time and time again that organizations without a true talent management strategy are losing money. When talent management is relegated to siloed systems, e.g., spreadsheets for recruiting or performance management, organizations can’t access the wide range of information crucial to making strategic, longterm decisions around their human capital.

The cost of lost opportunities alone—failing to attract and engage top talent; losing high-performance employees for a lack of engagement, training, and career development planning; wasting time managing poor employees—can result in lower profits, and worse, even the inability to survive in an economic downturn.

Read this white paper to learn why having a talent management strategy is important and cost effective.

Tags : 
talent management strategy, employee engagement, training, career development, management, human resources