Today’s fast-paced, global business environment, coupled with the growing challenge of a rapidly changing workforce, requires a well-planned, rigorous approach to talent management. Research has shown that companies with highly effective talent management strategies, on average, achieve 26% higher revenue per employee and 41 percent lower turnover among high-performing employees.
A talent strategy is defined as a structured framework to attract, acquire, develop, and retain employees while aligning with the overall company objectives. Successful talent strategies link all talent processes and provide clear direction for how your organization will manage its talent. At the LAK Group, we use a flexible and collaborative approach to assist you in developing your company’s talent strategy, which includes: