{"id":8248,"date":"2010-10-20t11:05:23","date_gmt":"2010-10-20t15:05:23","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=8248"},"modified":"2016-04-19t11:15:54","modified_gmt":"2016-04-19t15:15:54","slug":"the-talent-battle-never-sleeps","status":"publish","type":"post","link":"\/\/www.g005e.com\/2010\/10\/20\/the-talent-battle-never-sleeps\/","title":{"rendered":"the talent battle never sleeps"},"content":{"rendered":"

recession-resistant performance linked to continuous staff development.<\/strong><\/p>\n

\"jeff
jeff scwartz<\/figcaption><\/figure>\n

you can’t wait for the next economic boom to accelerate recruiting, nurture leadership training for future leaders, and assemble formal succession plans for your top partners, according to a massive, year-long study.<\/p>\n

you must do it now, or risk falling behind. surveying some 1,800 global executives, deloitte said in a new study that the best performing, most confident firms are those that have kept staff retention and development as a major priority through the recession.<\/p>\n

“these companies were on, and are on, the offense. they are not on defense,” jeff schwartz, global leader for deloitte consulting’s organization and change service line, said during a speech at the 14th annual wharton leadership conference.<\/p>\n

“they are more committed to retaining their key employees and are building a stronger internal pipeline — which is probably one of the main measures by which you might [gauge] the effectiveness of leadership programs…. they were cherry-picking in the market because they knew that a recession was a really good time to increase their recruitment.”<\/p>\n

the survey found measurable differences between companies that actually address leadership issues and those that only talk about it.<\/p>\n

“this was the big ‘aha!’ to us,” schwartz said, “those who were actually doing something and believed they are doing a good job are actually performing differently than those that are just talking about it.” these firms, the survey findings showed, were less focused on layoffs and cost-cutting than their rivals, and reported higher morale and more employee confidence in the management.<\/p>\n