Talent Management Is Lowest Priority

Only 5 percent of managers count talent management as their biggest challenge, according to a new survey by Minneapolis-based Personnel Decisions International, Human Resource Executive Online reports. Perhaps unsurprisingly, 83 percent said that pressure to cut costs was their toughest business challenge.

But cutting costs isn’t always the best long-term strategy—we all know that. “The best executives are focusing on both short-term challenges and long-term strategies,” says Mark Sokol, SVP and global practice leader at PDI.

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