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Read Full Post | Make a Comment ( Enter your password to view comments so far )In today’s new green (and red ink) economy, businesses all over the world are working hard to reduce operational expenses, restructure their workforce, and transform themselves into sustainable business models. I think one of the most exciting examples of a company going through this transition is Vestas Wind Systems, the global leader in wind energy systems.
Vestas Wind Systems: People not just Megawatts
Vestas is a fascinating company. Headquartered in Denmark,…
Read Full Post | Make a Comment ( None so far )Times are tough. Today we learned of another 590,000 jobs lost and that US unemployment rose to 7.6%. We seem to be getting several emails each week from high powered HR or L&D professionals who have lost their positions at their favorite employers.
I also speak regularly with top HR and L&D managers about their internal career development and talent management programs, and I see a major shift taking place: organizations and individuals are…
Read Full Post | Make a Comment ( None so far )This week Barack Obama appointed a Chief Performance Officer for the Federal Government, focused on assessing the performance of government programs and finding opportunities to reduce waste and eliminate low-performing investments. So who is the Chief Performance Officer in a business?

We have been studying this issue and I wrote about this topic several years ago in CLO Magazine, so lets revisit this issue in today’s economy. My thesis…
Read Full Post | Make a Comment ( 2 so far )This week we witnessed another vivid lesson in the value of executive succession: Jerry Yang steps down as the CEO of Yahoo!. Yang replaced Terry Semel, who spent years trying to build Yahoo! into a media company, only to see it lose market share to the more innovative, technology savvy Google. Yang presided over an indecisive decision not to merge with Microsoft, and watched the Yahoo! stock drop from $33 to around $11, effectively…
Read Full Post | Make a Comment ( None so far )You can’t pick up a newspaper these days without reading about more business downturns, layoffs, and lowered expectations for retail sales, automobiles, consumer products, housing, and financial services. Lots of business leaders are making tough decisions right now, and I also know a lot of our HR and L&D readers are worried about their jobs.
In fact, for baby boomers like me, the concept of retirement in the next 10-15 years is now becoming…
Read Full Post | Make a Comment ( None so far )We are clearly entering some form of economic slowdown. Our most recent index of talent management executives (January of 2008) showed some significant changes from May of 2007: 21% greater interest in cost-reduction, 18% lower focus on product introductions, and a significant increase in focus on building new leadership (18% increase). So let’s assume your business does see a downturn (and if you are in financial services or housing-related industries, this is already happening), what…
Read Full Post | Make a Comment ( None so far )In our recent study, High-Impact Leadership Development: Trends, Best Practices, and Industry Solutions, we identified the best practices and the top providers in leadership development. Our study covered all aspects of leadership development and evaluated a number of HR consultancies. With rich data in hand, we revealed six best practices in leadership development that yield business impact.
1. Develop strong executive engagement: The most important practice of all is to obtain the engagement of top…
Read Full Post | Make a Comment ( None so far )The Top 22 Business Processes which Drive Business Impact
In 2007 we conducted one of the largest-ever studies of corporate talent management: we interviewed and surveyed more than 750 corporations to gain an understanding of their business problems, their talent challenges, and their levels of maturity and sophistication in 62 different talent management processes.
This research was designed to do three things: first, gain a clear understanding of how corporate talent management is defined; second…
Read Full Post | Make a Comment ( 1 so far )We recently completed High Impact Talent Management®, a major research study on the business impact of corporate leadership and talent management processes. One of the goals of this research was to understand where organizations could best focus their leadership development and management efforts to drive greatest business results. We call these findings the top 22 high-impact talent management processes.
What we found was very enlightening (and somewhat surprising): the…
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Josh Bersin is President and CEO of Bersin & Associates, a leading research and advisory services firm in enterprise learning and talent management.