Talent management – Why it matters?

The top issue on the management agenda

Businesses are faced with challenges which require them to be able to effectively identify and manage their talent to ensure the skills and capability necessary to deliver the business plan.

  • CEOs face a global business environment still working through the worst economic crisis in 75 years and seeking to secure growth plans
  • Innovation is high on the agenda with almost a third of CEOs sighting new product/service development as their main opportunity for growth
  • Big emerging markets are growing much faster than the world economy
  • Businesses are changing to compete successfully and need to adapt their workforce requirements to ensure business success
  • The workforce in many developed economies is ageing, and the available pool of talent is shrinking accordingly
  • There is an imbalance in talent supply and demand in many regions and there are talent and skills shortages

78% of CEOs will make a change to their strategies for managing talent over the next year

A limited supply of candidates with the right skills is the key challenge that CEOs expect to face when considering the talent required for the success of their business over the next 3 years

25% of CEOs were unable to pursue a market opportunity or have had to cancel or delay a strategic initiative because of talent challenges

33% of CEOs are concerned that skills shortages will impact their company’s ability to innovate effectively

Talent management – Why PwC?

We understand talent...

We have deep experience in supporting our client in Talent Management across the world. With more than 6,000 specialists in over 100 countries the PwC network has one of the largest human resource consulting organisations.

We understand the drivers of business value...

We help our clients to identify and focus their talent management activities to pin point what’s important to their business plan, to drive business benefits. We identify ‘talent value drivers’ to focus their investment in managing talent.

We are fact-based...

Our solid grounding in areas such as tax, compensation, benefits, pensions, HR analytics and benchmarking is the bedrock of our evidence based approach to consulting. We can help you to solve people challenges with market leading human capital analytics – PwC Saratoga holds the world’s largest database of human capital metrics.