(Editor’s note: This is the fifth installment in Dr. Sullivan’s series. Here are Part 1,Part II, Part III., and Part IV.) In this part of the series on job rotations and stretch assignments, I will highlight three key tools or approaches that rotation program managers can use to make an organization’s job rotation …
Read More »Search Results for: Not all turnover is bad
Amazing Practices in Recruiting — ERE Award Winners 2009 (Part 2 of 2)
It has been an amazing year in recruiting and talent management. Despite severe economic hardships, budget cuts, and hiring freezes, recruiting functions have continued to innovate and stretch the limits of “standard recruiting.” After evaluating hundreds of applications, here is part two of the list of best practices in recruiting …
Read More »Corporate Alumni and Boomerang Recruiting Programs Are Hot Due to Layoffs
Economic downturns, mergers, and acquisitions all place pressure on organizations to curb labor costs. No time in the last decade has that tenet been more apparent than right now. Layoffs, large or small, force organizations to cut loose the talent in which they have invested salary and training dollars. While …
Read More »Workforce Planning Is Hot; Are You Lagging Behind?
What’s hot in talent management changes quite often. Right now, there’s no hotter topic within the talent management community than workforce planning. The reasons are simple: with the current economy driving revenues down dramatically, many senior executives are examining how to plan ahead in order to increase their firms’ capabilities, …
Read More »Talentonomics – Proving the Economic Value of Talent Management
Impacting Business Results Makes You a Hero During tough times, there is increased pressure on every business function to demonstrate a direct (positive) impact on business performance. The functions that successfully demonstrate business measures like revenue, time-to-market, market share, and profit receive the majority of the attention and available resources. …
Read More Ȇber College Recruiting: How Advanced College Recruiting Differs From Your Current Approach
Most Firms Utilize the Traditional Approach I estimate that 95% of corporate college recruiting programs follow the traditional model because everyone is familiar with it and they are simply comfortable using it. I sometimes call the traditional model the “career center focus” model because it relies so heavily on services …
Read More »The Economic Downturn Means That Hiring Freezes Will Soon Decimate Recruiting
A) Negative impacts on revenue and costs Obviously, not expanding your staff or keeping open positions vacant can save payroll dollars in the short term. However, such savings may actually present a false reality because freezes have many other unintended consequences that CFOs often fail to account for: Lost revenue. …
Read More »Managing Recruiting During an Economic Downturn: The Top 10 Action Steps to Take
The Top 10 Advantages of Recruiting During Tough Times It’s quite common during periods of economic turmoil for CFOs to assume and declare that robust recruiting functions will not be necessary due to a surplus of talent becoming available as more and more firms engage in layoffs, consolidations, and the …
Read More »Succession Planning: Why Recruiting Needs to Focus on Internal Movement (Part 1 of 2)
What is Succession Planning? Organizations use succession planning to help mitigate the risk of a vacancy occurring in key management and leadership roles that could impact the organization’s ability to perform. In more strategic organizations, the scope of succession planning is expanded to include high-impact and mission-critical roles throughout the …
Read More »Succession Planning: Why Recruiting Needs to Focus on Internal Movement (Part 2 of 2)
Part B: Plan Output or Success Measures Group 3 – Output measures of plan success The best plans have goals (and measures) that cover each of these areas: Percentage of all management positions filled by internal candidates (this is the broadest measure of development success because it covers all management …
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