article thumbnail

The Hidden Costs of Ignoring Your Talent Management Strategy

Cornerstone On Demand

For that, HR needs a broader, more strategic set of talent management tools, which lets professionals manage every aspect of the workforce, from training and performance reviews to collaboration and succession planning. Yet, research shows that less than 25% of companies use a unified, holistic approach to their talent management.

article thumbnail

5 Reasons HR Needs a Seat in the C-Suite

Cornerstone On Demand

Here, five reasons a CHRO is invaluable when it comes managing a company's greatest asset — its people — and their contribution to its success. Succession planning — a strategic move that's often overlooked by senior management until a crisis arises — is one of the most important reasons to hire a CHRO.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Succession Management, Leadership and Mentoring

Hppy

We thought that if we had succession planning in place that we would not be facing a leadership talent shortage. Where I believe we went wrong was thinking that having a plan would fix the problem. Organizations that do not have a plan or a leadership development program far outnumber the ones that do. Get your free copy.

eBook 145
article thumbnail

Generational Diversity in the Workplace 2022

EmployeeConnect

Succession Planning: Every organisation requires new people or existing staff to fill future vacancies. Each person across the generations brings different experiences, values and knowledge that companies can leverage to be more innovative, competitive and successful. Free to download our eBook NOW!

Diversity 208
article thumbnail

DEI in the Face of Change: Sustaining Diversity, Equity, and Inclusion Efforts After a RIF

15Five

Some ways to boost equity, inclusion and belonging include: Conduct a thorough review of benefits plans, employee handbooks, reasonable accommodations processes and other HR policies to ensure equitable and inclusive treatment of all employees. Partner with your compensation/total rewards team to tackle pay equity and pay transparency.

Diversity 244
article thumbnail

Manager and Employee Relationships: The Importance of Mentorship

Achievers

Daimler Trucks has instituted a proactive mentoring plan throughout its entire 4,000 employee U.S. workforce as part of its leadership succession planning. Suz Hahn, Daimler’s Architect of Learning and Development, states that: “Daimler realizes mentoring is key to the health of our organization.” Share your comments below.

article thumbnail

HR Software: What is the difference between HRIS, HCM, and HRMS

EmployeeConnect

Free to download our eBook NOW! Choosing an integrated HCM/HRMS system over a single function HRIS Platform offers access to high-quality data while potentially reducing transactional workloads. The point of this research is to help you understand what software vendors are describing as they present potential solutions.