Making the business case for a talent management strategy

McGee, Rita
November 2008
People Management;11/13/2008, Vol. 14 Issue 23, p63
The article presents a guide for justifying the need to develop a talent management strategy for a business enterprise. Prepare a robust budget that has been properly costed and remember to include recruitment agency or advertising fees; enhanced salary or benefits that may be required to secure the best talent. It outlines several measures to identify a suitable ratio or predict a trend in benefits that can be achieved through the strategy. Executives can also look at the strategy and experience of competitors.


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