Wednesday, August 03, 2005

Talent Management searches are up

This is actually a very poor polling technique, but it does at least show that companies are thinking about talent management. Unfortunately, I have no idea what people mean when they say talent management. To me, TM is a complete suite that runs through recruiting (talent acquisition), to learning and retention. Unfortunately, many applicant tracking systems are billed as talent management software, when they really only cover 25% of the functionality that's needed in a comprehensive suite.

Nonetheless, hr.com has a poll out there that states roughly 20% of the 150ish respondents are going to be buying a TM package this year. 70% will not and the other 10% are in between. In my opinion, 1 out of 5 companies looking for software is huge.