The Human Capital Institute - Global Strategic Talent Management

Being Really Strategic: Integrating Talent and Business Performance

May 21, 2009

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According to a recent survey, integrated talent management means establishing the credible linkages between strategic HR processes and systems and the business results and outcomes they drive. HR leaders recognize that a robust talent management strategy positively impacts financial performance. Companies with integrated talent management strategies are almost twice as likely to view their HR organization as a strategic partner to the business.

Keeping in mind how talent impacts business, North Shore LIJ manages the entire talent life cycle:

Talent Acquisition (Selection Process)
Pre-Assessment
Orientation
Competency Assessment
On-the-Job Training (ongoing skills assessment)
High Potentials Identification and Selection
Succession Planning
Building Bench Strength
360 Reviews
Leadership Development
Employee Engagement/Satisfaction

All of the above talent management initiatives roll up into three major “dashboard dials” for organizational performance; at North Shore LIJ these dials are quality, the patient experience, and financial performance.

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