Boston Consulting Group: Talent is top business concern

by Editor 4/25/2008 4:14:00 PM

Boston Consulting Group (BCG) has conducted a global study on human resources management. 

The consultancy has pinpointed talent management as the top concern for businesses worldwide.

The BCG has concluded the following:

“Managing talent is the most critical human resources (HR) challenge worldwide and will remain at or near the top of executive agendas in every region and industry for the foreseeable future, according to a new global study conducted by The Boston Consulting Group (BCG), the World Federation of Personnel Management Associations (WFPMA), and the Society for Human Resource Management (SHRM).

Key findings of the report, “Creating People Advantage: How to Address HR Challenges Worldwide Through 2015,” will be presented today at the WFPMA World HR Congress in London.

The study, which is based on a global survey of 4,741 executives in 83 countries and markets, found that managers worldwide also rated improving leadership development and managing work-life balance as urgent priorities.

The report provides rankings and analysis of 17 HR challenges in seven major regions of the world and suggests specific actions to address those issues."

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