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Talent Management Is a Top Priority for 2010

November 3, 2009 12:00 by Ann Pace

Philadelphia, PA (PRWEB) -- With the economy cautiously turning the corner, senior leaders are focused on hiring and developing talent, according to a survey of more than 450 senior executives on LinkedIn® by Right Management. 94 percent of executives said talent management is a top priority for 2010. Right Management is the talent and career management expert within Manpower, the global leader in employment services.

The findings present good news for employees and job seekers. Employers are preparing themselves for growth opportunities as the economy rebounds and are looking for ways to enhance performance and productivity. One-third of the senior executive respondents will be hiring new talent in 2010, while 36 percent will focus on developing current talent. Twenty percent reported that increasing employee engagement is a top priority. Career development opportunities and efforts to increase engagement typically improve retention, which may explain why only 4 percent of senior leaders indicated they would be focusing efforts on retention.

Read the full release.


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Categories: News | Research

Categories: News | Research
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Executive Perks Keep Employees Hard at Work

October 8, 2009 15:00 by Ann Pace

During the past year, executive compensation packages have come under increased scrutiny at organizations across the country. While many companies are making efforts to cut back on the overall cost of executive compensation, offering perquisites that ensure the effectiveness of their employees is gaining momentum.

The newly released Executive Compensation 2009/2010 survey found supplemental medical coverage is offered to 32.7 percent of Chief Executive Officers, nationally. Supplemental coverage is also provided to Chief Financial Officers and Chief Operating Officers at a rate of 23.5 and 20.6 percent, respectively.

"Ensuring the health of a company's top executives is of growing importance at organizations across the country," said Amy Kaminski, manager of marketing programs for Compdata Surveys, the nation's leading compensation and benefits data provider. "Executives are spending more time hard at work, both in and out of the office, and the stress they encounter can take its toll on their health and by extension, their productivity."

Read the full article.


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Categories: News | Research

Categories: News | Research
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20-first's WOMENOMICS 101 Survey: Gender Balance on Executive Committees

October 6, 2009 14:00 by Ann Pace

(PRWeb UK/PRWEB) -- The Core Metric: The Executive Committee

Recent studies have drawn attention to the lack of gender balance on boards. Now, the consultancy 20-first has launched the WOMENOMICS 101 Survey to shine a light on the most senior executive teams in the top 101 companies in three key regions of the globe. "This survey invites you to look deeper into companies, and to use metrics that distinguish those serious about gender balance from the rest. That's what WOMENOMICS 101 proposes to do," says Avivah Wittenberg-Cox, CEO of 20-first, author, and publisher of the new annual survey.

Key Findings:
US Leads: The US is ahead in this survey, with 89% of companies having at least one woman on their Executive Committee. The American companies with the highest number of women on their executive boards are: Kraft Foods, WellPoint, Macy's, Allstate, Pfizer, and Wells Fargo.

Read the full article.


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Categories: International | News | Research

India: Bird's eye view of executive education in the country

September 24, 2009 12:30 by Ann Pace
(New Delhi) -- To gain an edge in a world where rapid globalisation, changing consumer attitudes, closely integrated markets are commonly bandied

phrases, today's managers have to keep learning continuously, not only from their jobs but also through formal pedagogy. This is where the role of executive management programmes steps in.

Several new institutes and organisations cater to the rising demand of training of executives, as opposed to predominantly fresh graduates that enroll into B-schools. And, the enrolment numbers at executive education programmes is only going higher by the day. Take for example NIIT Imperia, which was set up in the year 2006 to address the demand for executive training.

Now, has a presence in 8 cities; and it has aggressive plans to be present in 75 cities by 2010! Other than the big players like IIMs and ISB, many other organisations and institutes like HughesNet Global Education, Apeejay School of Management, IGNOU, Reliance Webworld, NIS Sparta, 24 x 7 Learning and U21 Global are growing rapidly too, and are offering various executive education programmes.

Read the full article.


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Categories: International | News

Executive Hiring Reemerging

September 17, 2009 13:30 by Ann Pace

GREENWICH, Conn. (BUSINESS WIRE)--Executive hiring appears to be reemerging at many organizations after being frozen for the last year due to the financial credit crisis based upon the results of the recent Claymore Partners’ Labor Day 2009 Executive Talent Market survey with over 640 executive respondents. “Almost half of employers are now selectively hiring executives and significant reductions are greatly diminished based upon the survey results as well as our own executive search activity and market discussions," according to Mr. Landberg, Managing Director of Claymore Partners.

Health insurance, healthcare/pharmaceuticals, wealth management, investment banking, and consulting/professional services industries appear to be most robust in terms of executive hiring at this time. From a functional perspective, executive hiring increases are most pronounced in sales, consulting, and risk management/compliance. The direct impact of the financial credit crisis for most executives appears to be waning though strong hiring is not expected until mid to year end 2010 by most executives.

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Categories: Research | The Economy

Despite Recession 75 Percent of Senior Executives Open to Career Change

July 9, 2009 12:30 by Ann Pace

Findings from the 2009 BlueSteps Executive Mobility Survey show that, despite the recession, 75% of currently employed executives are likely or very likely to consider a new job opportunity. The most important factor in an executive’s decision to leave their current employer is poor company values, with 74% of respondents rating this as extremely important, up from 64% in the 2007 Executive Mobility Survey. Poor company values has replaced lack of career development as executives’ most pressing concern when deciding to leave a company; 63% of executives voted lack of career development as extremely important in 2009, down from 74% in the 2007 survey.

Della Giles, Director of BlueSteps.com commented, “This openness toward new opportunities during a very difficult and unstable economic climate indicates that executives realize the importance of taking career management into their own hands, and that mobility plays a large part in that. While executives are still concerned with traditional things like professional development and responsibilities, they are also now more concerned than ever with the company culture and values.”

Read the full release.


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Categories: The Economy

Categories: The Economy
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Corporate Executives Report Need to Overhaul their Approach to Risk Management

July 7, 2009 17:00 by Ann Pace

NEW YORK--(BUSINESS WIRE)--The vast majority (85 percent) of corporate executives say they need to overhaul their approach to risk-management if the lessons of the economic crisis are to be used to improve business results, according to results of an Accenture (NYSE: ACN) study released today.

Accenture’s 2009 Global Risk Management Study, based on a survey of 260 chief financial officers, chief risk officers and other executives with risk-management responsibilities at large companies in 21 countries, also found that 40 percent of respondents said that their companies already have increased or will increase their investments in broader risk-management capabilities in the next six months. Nearly another third (31 percent) of respondents said their companies are currently considering increasing their future investment in risk management capabilities.

Read the full release.


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Categories: The Economy

Categories: The Economy
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TRS Survey: Many Execs Feel Their Jobs in Jeopardy

March 18, 2009 13:48 by jllorens

Oakbrook Terrace, IL (PRWEB) March 18, 2009 -- A recent online survey taken by the employment professionals of TRS of Oakbrook Terrace shows that many executives feel that their job or their company's position is at risk or that they have limited advancement opportunities.

The TRS Oakbrook Terrace survey of over 100 executives who are in an active job search, shows that 17% are "uneasy about the future" - 17% say that their "job is in jeopardy" and 18% feel they have "limited advancement opportunities." TRS says that this means 34% feel that their job is at risk.

The most staggering statistic according to TRS however, was that 40% of the job seekers said they were "unemployed with no luck in their search." One other category showed that 8% were consultants looking for the "security of a real job."

"The fact that 74% of executives and professionals who are currently in active search mode are either unemployed or fear that it unemployment may be forthcoming is quite a surprise," said the Oakbrook spokesperson for TRS.

(Read the original release on PRWedb.)


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Categories: News

Categories: News
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CEO Confidence Unsteady on Economic Prospects

February 5, 2009 10:03 by jllorens
(September T+D) According to The Conference Board’s Measure of CEO Confidence, executives who rate the current economy favorably rose to 39 points in the second quarter of 2008, a slight rise from 38 in the first quarter. A score above 50 indicates that a majority of CEOs view the economy positively.

The last time the measure fell below 38 was in the final quarter of 2000 when it was at 31 points.

“CEOs continue to rate current economic conditions as unfavorable, and their short-term expectations suggest this slow growth environment will exist for the remainder of the year,” says Lynn Franco, director of The Conference Board Consumer Research Center.

Current economic conditions barely registered an improvement for CEOs, with less than 7 percent stating economic conditions had improved, compared to 3 percent last quarter. In assessing their own industries, business leaders were more pessimistic. Approximately 9 percent claim conditions are better—a decline from 14 percent in the first quarter.

(Read entire article.)


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Categories: The Economy

Categories: The Economy
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