January 29, 2014

SilkRoad Releases State of Talent Management 2014 Report

newspaper rollSilkRoad, a leading global provider of cloud-based social talent management software, recently released its annual “State of Talent Management 2014” report, which sought to answer the question, “How well-positioned are HR professionals to tackle key challenges in 2014?”

Based on a survey of more than 3,743 HR professionals, the report discovered four foundational challenges that HR and L&D professionals face this year:

1. Implementing integrated human resource technology

2. Getting accurate data for a clear picture of the organization

3. Converting data-driven insights into strategy

4. Securing a business role on leadership teams so that HR and L&D expertise is recognized and valued.

Other findings from the report, include major topics, include:

Talent Acquisition

  • The majority of respondents (56%) reported that they were either very concerned or concerned about attracting top Millennial talent as Baby Boomers retire.  Only 10 percent were unconcerned.


  • Nearly two-thirds (63%) of respondents said they were concerned about staying current with evolving compliance laws and regulations.
  • Forty-seven percent of the above group was concerned with ensuring that employees have appropriate training to avoid lawsuits and having the data readily available for compliance reporting.


  • Just 13 percent of respondents reported they “map out a career path based on the company’s needs and the employee’s future career ambitions.”
  • When asked about performance’s biggest challenges, HR professional said issues were with it being perceived as a yearly tactical event (46%) as opposed to part of the strategic business process, as well as managers lacking the necessary skills to coach employees (43%).

Employee Engagement

  • The three top concerns of professionals about HR management include engaging and retaining employees (48%), developing leaders and managing skills gaps (45%) and recruiting the best employees (41%).

Read more news in Talent Management

Marks’ stories have also been published in a variety of newspaper, magazine and online formats including The Arizona Republic, The Daily Herald, Arizona Foothills Magazine and various classroom magazines of Scholastic Inc. Service is her passion, writing is her platform and uplifting and inspiring the community is her purpose. Marks received a Bachelor of Arts in Journalism and Mass Communication from Arizona State University.
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