When thinking about your company’s business goals for 2020, do the words talent strategy come to mind? If not, you’re not alone. Most companies don’t have talent strategies, and those that do aren’t mapping those strategies to business objectives. In today’s war on talent, businesses that align talent and business goals are more likely to attract and retain exemplary employees while also cutting costs. This year, when devising a talent strategy to achieve optimal business results, it is essential to keep the following things in mind.
Bad hires are prevalent
A recent report found that employees are a company’s most significant expense and most valuable asset. While you might think this is a given, in 2019, executives shared that 51% of employees hired did not end up being an excellent behavioral or cognitive fit for the company.
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