Training and development experts have championed the importance of talent management after a new report found more than half of UK businesses are failing to develop their top people. Research by recruitment outsourcing provider Capital Consulting and Cranfield School of Management, found that only 49% of UK businesses had implemented talent development programmes. Having questioned 608 HR directors, the research pointed to a lack of financial investment and insufficient senior management support as the main obstacles to talent development. It found that while six in 10 respondents said talent management was essential to increasing profit, only four in 10 strategically managed their star talent. One in five did not link the strategy to their business plan, while only 15% measured the return on investment. Victoria Winkler, training, learning and development adviser at the Chartered Institute of Personnel and Development, told Personnel Today she was not surprised by the...


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