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SAP Success Factors

Transforming talent with SuccessFactors

Talent when and where needed
In a down economy, talent management can often mean something very different than it does when times are good. “Hunkering down” and doing more with less—hiring and salary freezes, down-sizing and the like—can become the norm, as organizations focus on weathering the economic storm. Once the economy begins to recover, however, many organizations may find themselves unprepared, caught without the leadership, skills, and data necessary to gear up and make talent decisions that take advantage of an improving economy.

In fact, talent was high on the priority list for many surveyed company leaders . According to Deloitte’s survey series, Talent Edge 2020:

  • 83 percent of survey respondents acknowledged that significant improvements are needed in their talent programs
  • 71 percent of survey respondents expressed “high” or “very high” concern about retaining critical talent over the next 12 months
  • Developing leaders and succession planning was cited as the most pressing talent concern

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