A fragmented approach to the elements comprising workforce development led to lack of integration and inability to align the workforce to current and future business demands.
Who’s doing it [Talent Management] well? According to Michael Specht no single organisation jumps out as doing it all well. Several are doing some bits well but nobody is doing it end-to-end as yet.
Research in the recently published Cedar Crestone 2008–2009 HR Systems Survey has found that organisations that extend their talent management strategy across the entire workforce have better returns.
This research is confirmed by another survey from IBM on the ROI of Talent Management, where it was noted that organisations "that apply talent management practices demonstrate higher financial performance compared to their industry peers".