More Talent Management Facts #18

“Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.”

Aaron Levenstein

More Talent Management Facts #18

Another addition of leadership and talent management “facts” from all over the world. Some intuitive and some not….what do you think?

1. Recent statistics from the U.S. Bureau of Labor shows women now outnumber men in the workforce. However, in all of the S&P 100 companies surveyed, less than 10% of women were found to be the top-paid executives and less than 20% were included as board members. Only 14 companies have two or more “diverse” officers in these positions.

2. The 2010 Center for Creative Leadership’s “Workplace Attitudes 2010” survey of 1,500 North American managers found that 64% said they would be happy to spend the rest of their careers with the organization, 80% reported being satisfied with their jobs, more than 50% reported feeling overloaded and difficulty balancing work and family challenges (72% of women reported this as a stressor compared to only 60% of men) and only 17% of those surveyed expressed an interest to seek employment elsewhere.

3. According to a Corporate Executive Board survey of nearly 500,000 employees from 85 countries, employees who work in cultures with high integrity were 67% less likely to see major incidences of corporate misconduct than those low in integrity. Companies low on the ethics survey scale reported 10 times more misconduct (e.g., violation of company policy or law).

4. Slightly less than half (49.3%) of companies surveyed in the study “The Measurement Dilemma: Tying Learning to Business Impact and Financial Outcomes (ESI International) said they do measure their initiatives for impact. The Kirkpatrick 4-level evaluation model was used equally with the ROI model (18.6%) with 47.4% ot using anything specific and 15.5% using some other evaluation model not defined.

5. A recently released report by the Human Capital Institute (HPI) and Lee Hecht Harrison called “Leaders Developing Leaders: Capitalizing on the Demographic Gift to Revive Your Leadership Development Program” found that more than half (51%) of survey respondents agreed that leaders are not being formally held accountable for developing and coaching talent. Lack of skills (38%) and lack of information (23%) were also cited as barriers as leaders becoming better internal coaches.

6. The 2011 Blessing White “Employee Engagement Survey” showed that engagement levels around the world remained stable comparing 2008 with mid-2010. Their survey of over 11,000 employees showed that 31% of employees worldwide are engaged and 17% are disengaged.

7. The Chartered Management Institute of the UK surveyed training and development opportunities in 2011 (“Future Forecast: Expectations for 2011”). Strategic decision making (40%) topped the list followed by Networking (38%), coaching and mentoring (34%), project management (32%), communication (27%), financial management (27%), team leadership (22%), negotiation (19%), talent management (16%) and delegation (15%).

8. In The New Unemployables: Older Job Seekers Struggle to Find Work During the Great Recession (Boston College’s Sloan Center on Aging & Work and the Heldrich Center for Workforce Development at Rutgers University) job seekers 55 and older are having the toughest time seeing employment. The study found that 84% of the older workers who were unemployed in August 2009 were still unemployed in March 2010 and 67% had been looking for work for more than a year. Only 1% of unemployed older workers said they are very optimistic that they will find a job in the near future, while 30% said they were very pessimistic.

9. Robert Half Management Resources surveyed over 1,400 chief financial officers in U.S. companies with more than 20 employees and found that 50% reported that they believe it’s more challenging to be a leader in today’s business environment compared to five years ago (31% said significantly more challenging, 4% said somewhat or less; and 14% didn’t report much difference).

10. According to two recent surveys by Office Max, 46% of employees reported that have trouble deciding what they should throw away at work; 59% admitted they hide office supplies from co-workers and 56% confessed to taking supplies home for personal use.

11. According to findings released by United Health-care and VolunteerMatch in April 2010, 75% of those who volunteered through work said they felt better about their employers because of their direct involvement with volunteer activities. And 21% said they would not have volunteered if it wasn’t for their company’s encouragement. In fact, 41% of the 4,582 U.S. employees survey said they volunteered in the past year and one quarter of them said they did so through work.

12. The recession has been an equal opportunity stressor for both men and women although financial strains for women seem to have increased relative to their male counterparts. The American Psychological Association’s “Stress in America” survey last year revealed that women reported less work but more financial stress than their male counterparts (73 percent of men reported money as a significant stressor, compared with 79 percent of women). Women also reported an increase in stress compared to men over the last five years (49 percent of women versus 39 percent of men).

Back to research some new talent development facts….Be well….

Ken Nowack

Kenneth Nowack, Ph.D. is a licensed psychologist (PSY13758) and President & Chief Research Officer/Co-Founder of Envisia Learning, is a member of the Consortium for Research on Emotional Intelligence in Organizations. Ken also serves as the Associate Editor of Consulting Psychology Journal: Practice and Research. His recent book Clueless: Coaching People Who Just Don’t Get It is available for free for a limited time by signing up for free blog updates (Learn more at our website)