PwC’s 15th Annual Global CEO Survey (2012) found that:
- 31% of CEO’s believe talent constraints limit their ability to innovate,
- 29% were unable to purse on opportunity.
Thus, CEO’s want to change their talent management strategy and reporting principles. Inspired by 1939’s Generally Accepted Accounting Principles (GAAP) for accountants, there is a movement to standardize and define consistent workforce development measures. Once developed, these reports will pull financial, learning, evaluation, HR and other data to report out on business outcomes, talent effectiveness and efficiency.Does your organization have talent reporting principles?
