
Characteristics of traditional TM
- The majority of firms don’t have a defined and distributed talent management strategy (Could your executives even put a name to yours?)
- If they have a talent management strategy, it is static and only revisited every 3-5 years
- Most have only three modes of operation… growth, cost containment (freezes) and reductions
- Most shift between the three modes depending on the available budget or “when they are told/ forced to by others”
- Most have no formal competitive analysis process
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