Talent tops board agenda

Talent management has broken free of the human resources department and is rocketing up the C-level agenda, according an Economist Intelligence Unit report.

Talent management has broken free of the human resources department and is rocketing up the C-level agenda, according an Economist Intelligence Unit report.

Although it is unlikely to be part of a formal plan, company chiefs in large firms spend between 20% and 30% of their time spotting and nurturing executive talent, including mentoring and teaching leadership skills.

“Top executives now consider talent management one of their highest priorities,” explains Nigel Holloway, research director, Americas, at the Economist Intelligence Unit.

“They are motivated to develop great executives because of the competitive advantage it brings to their companies.”

The 20 chief executives surveyed say they regularly evaluate the people who report directly to them, identifying the best candidates and spotting weaknesses in the executive pipeline.

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