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Jason Averbook of Knowledge Infusion serves on the Forbes Executive Advisory Board around futuristic HR and Talent Management. His direction and guidance help Forbes determine their ongoing editorial direction surrounding the future of HR in business.
Attached is a link from Forbes that will be issued on August 23rd. Hackett Group has done a great study on the PAYOFF around Talent Management in organizations today. A few points and the link are below:
However, many companies aren't practicing what the Hackett Group, a strategic advisory firm, calls "talent management." In a new study, the firm reports that among the 500 largest public companies in the U.S., the average company could expect 15% higher earnings, or $400 million annually, if it did * The results also showed that talent management's top performers spent 6% less on human resources costs versus their peers. That's $1,885 per employee, versus $2,014. Top performers also spent 36% less on staffing and 28% more on technology. They also filled 26% more jobs internally compared with their peers.
Take a read and insure talent management and talent management technologies are part of your 2008 HR technology strategy.
Another infusion of knowledge...
'Talent Management' Strategies Pay Off - Forbes.com