How might talent strategies change as businesses transition from recession to recovery mode?
Economic optimism reached its highest level among surveyed executives in Deloitte’s December 2009 survey. More than one-third of surveyed executives now believe the worst is behind us rather than in front of us — more than at any point since the survey series’ inception. In 2010, we believe companies can no longer depend on the recession as their retention and talent strategy. They need to identify where they are on the recovery curve and design their talent strategies accordingly. We believe the companies that achieve the best balance of offensive and defensive talent strategies will have the inside track on the recovery curve. Based on a year’s worth of data contained in our Managing Talent in a Turbulent Economy series, the profile of these successful companies is coming into focus: Companies represented in our survey that do not foresee further painful layoff decisions are committing themselves to retaining top talent, and are investing in “world class” leadership programs to help
