The talent your company has at its disposal is a key part of your competitive advantage. Your team enables your business to quickly identify and respond to opportunities, create new and creative solutions to challenges, manage relationships at all levels and achieve and maintain a leadership position in your sector.

Given all the advantages created by thoughtfully developed and retained people with talent, having the right talent programmes in place becomes crucial.

Losing talent always comes with a cost to a business. The cost of recruitment, the cost of retraining and the cost of any opportunities or business that may be lost during a period of handover or vacancy have to be taken into account. There can also be a further negative impact from the message that is sent out to other members of staff by the failure to retain key people. When talent is lost from your business, this will also affect the leadership pipeline and succession plan.

In this way, improved talent retention means a more efficient, faster and more competitive business, improved knowledge base, increased customer retention and greater supply of the next generation of leaders.

Here’s how we can support you in developing your talent programmes: