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The Scarcity of Talent

April 3, 2012

The scarcity of talent is alarming. Linkage’s research on succession, progression, and development revealed that 93% of companies report inadequate replacement bench strength for critical positions three levels down from the CEO, resulting in a weak leadership pipeline.

As companies operate in increasingly complex global environments, the time is now to maximize organization effectiveness and the talent from within.  We have partnered with Noel Tichy and the University of Michigan, Global Business Partnership, to create the Talent and Organization Development Institute  to develop the practitioner’s capacity to manage complexity and drive results.

According to Dr. Tichy: “leadership talent is the most important factor for success-and the biggest challenge that global companies face today.”

Research indicates that 65% of companies are more concerned about the retention of critical skills and top performing employees now than they were before the economic crisis.

Since 1999, we have committed millions of dollars to research and program development for OD, HR, leadership and talent practitioners.  Talent and organization development are critically important to the future success and growth of organizations.

Linkage CEO and Institute Co-Chair, Phil Harkins said it best: “A solution to overcoming these challenges is to devise a concise plan of action using a quantifiable assessment to build bench strength within your organization. What is believed by and acted on by senior management will then be trickled down through the organization.”

Click here to learn more.

 

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