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Saturday, July 05, 2008

Talent Management

 

Effective talent management is a critical business goal for all leading organisations in today's economy. The fast-paced development of purchasing as a crucial lever for competitive advantage has meant that the 'war for procurement talent' is as intense as it has ever been.

The scarcity of skilled executive purchasing talent means that companies must be creative in their approach to attracting, developing and retaining the top people. A recent management article in ELP Magazine suggested: "it is far easier to teach a business manager about procurement than it is to teach a procurement manager about business."

If the profession is to continue to be strategic in the true sense then there is a growing need to recruit those with the essential core competencies and soft skills to enable procurement to operate at an executive level.

TALENT MANAGEMENT ARTICLES

SHOWCASED RESEARCH

Futureproofing Talent Sourcing
As the challenge to source talent becomes more acute, companies are trying to uncover new ways to attract and retain procurement stars. While the tried and tested methods of selection, development and promotion still work; today, world-class organisations are taking a more innovative approach to engaging talent – by aligning their sourcing activities to their diversity leadership strategy.

TALENT MANAGEMENT RESEARCH


This Knowledge Group will look at the strategies required to attract, develop and retain the right talent, using articles, news and case studies as key examples. The group will also showcase the latest education programmes, courses, training tools and techniques to help companies better manage their talent.

If you are interested in becoming a member of the advisory board of this Knowledge Group, please contact us on +44 (0) 207 501 0538.

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