Talent and Succession

TALENTAND SUCCESSION UK Manufacturing: why talent and succession will ensure future growth The manufacturing industry is growing worldwide GLOBALISATION & COMPETITION Volume of goods and services traded globally has increased more than fivefold since 1980 # 1 15 19 UK CHINA DELOITTE'S 2013 GLOBAL. MANUFACTURING COMPETITIVENESS INDEX Access to talented workers is the top indicator of a country's competitiveness. Deloitte predicts the UK will drop from 15th (2013) to the 19th most competitive manufactur- ing nation (in 2018). UK manufacturing needs top talent to compete.. SORRY YOUARE 30% NEW JOB 30% of the workforce will retire in the next 10 years. Based on current growth trends, over RETIREMENT RATE OVER THE NEXT 10 YEARS BUT MANUFACTURING IS STRUGGLING TO RECRUIT 170.000 new recruits will be needed to Attractiveness of employment across selected industries, ranked by UK business students... prevent significant talent gaps. MOST LEAST ATTRACTIVE ATTRACTIVE Talent management & succession planning tools can help ASSESS YOUR CURRENT TALENT POOL TO IDENTIFY FUTURE LEADERS And reduce recruitment costs PROTECT YOUR BUSINESS TODAY AND TOMORROW Find the right person for the right role at the right time Retain • Develop • Maximise sustainability with dynamic succession planning Track Nurture key talent with clear development pathways 17% REDUCTION Attract new talent with your improved employee value proposition IN RECRUITMENT COSTS Bersin, 2011 KALLIDUS TALENT & SUCCESSION Kallidus Talent and Succession strengthens your HR capability by helping you map, develop and report on key talent and critical succession strategies. Smart, simple and secure, the Kallidus solution optimises visibility of your talent pool to protect and grow your business. Part of the complete Kallidus Learning and Talent Suite. KALLIDUS Find out more at kallidus.com/talent DEVELOPINO TALENTED PEOPE http://www.cipd.co.uk/cipd-hr-profession/whats- new/megatrends.aspx?utm_medium=vanity&utm_source=cipd&utm_campaign=res_trends&utm_content=vanity-megatrends http://www.deloitte.com/view/en_US/us/Industries/Process- Industrial-Products/manufacturing-competitiveness/mfg-competitiveness-index/index.htm http://www.hrgrapevine.com/markets/hr/article/2013-10-17-food-and-drinks-industry-faces-talent-crisis#.Up3iXuktZeA http://www.deloitte.com/view/en_GB/uk/industries/financial-services/talent-in-banking/index.htm KXXXXXX Buunjbej works