Talent Is a Top Concern of CEOs

In Employee Engagement, Organizational Culture Change

Talent: a key CEO priority

A report by the Conference Board, CEO Challenge 2011: Fueling Business Growth with Innovation and Talent Development, cites Business Growth followed by a focus on talent as top concerns of CEOs.

Although this priority fluctuates slightly based on industry and geography, it is a key CEO priority for all. According to the Conference Board press release:

CEOs selected improving leadership development/grow talent internally, enhancing the effectiveness of the senior team, providing employee training and development and improving leadership succession as the key strategies to address talent challenges.

Focusing on the people and innovation emerged as the most critical vehicles for implementing business growth strategies.

According to the Conference Board CEO Challenge 2011 site, Roy Vallee, Chairman of the Board and Chief Executive Officer of Avnet, Inc. described the priorities as he sees it:

So, having the right strategies, the right structure, the right culture to really foster innovation and reward innovation, I think that’s the biggest challenge.

 

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