CHICAGO--(BUSINESS WIRE)--In order to help human resource professionals harness talent and improve productivity within their organizations, The Vaya Group today announced the availability of “The Talent Optimization Report” by Dr. Paul Eccher and Dr. Linda Sharkey. A poignant study of more than 400 Fortune 1000 companies, the report reveals that fewer than 25 percent of companies possess a well-integrated and effective approach to talent management and demonstrates a strong correlation between effective talent strategies and improved business results.
“HR and talent leaders, in partnership with their executive business leaders, must take a strategic, integrated approach to talent management,” said Dr. Eccher, author, co-founder and principal of The Vaya Group. “Without a comprehensive strategy, businesses risk low employee engagement, low diversity of talent, high turnover rates and poor market performance.”
To conduct their research, Dr. Eccher and Dr. Sharkey developed the Talent Optimization Framework (TOF)—a multi-disciplinary approach and proven formula to help HR professionals cultivate, promote and manage talent. Outlined in their new book—Optimizing Talent: What Every Leader and Manager Needs to Know to Sustain the Ultimate Workforce—the TOF consists of eight critical components companies need to address in order to best optimize talent.
“Companies that successfully address each part of the TOF display more positive business outcomes, including better stock performance and a higher likelihood of being cited on FORTUNE magazine’s ‘Most Admired Company’ list,” said Dr. Sharkey, co-author and Human Resource and Organization Development expert at The Vaya Group. “Our report is evidence that the HR industry needs a more data-driven, strategic approach to talent management, and we believe the TOF fulfills that need.”
To download a copy of the “Talent Optimization Report,” HR professionals and talent leaders can visit www.vayapath.com/resources/talent-optimization-survey.php. Visitors of the website can also take the TOF survey to see how their own talent management strategies compare to Dr. Eccher and Dr. Sharkey’s national database. Upon completion, participants will receive a “check” of their organization’s talent management practices, specific reporting on the eight crucial success levers of the TOF and a display of strong and weak areas.
For more information about the Talent Optimization Framework™ and The Vaya Group, visit www.vayapath.com. For more information about Optimizing Talent: What Every Leader and Manager Needs to Know to Sustain the Ultimate Workforce, visit optimizingtalent.com.
About The Vaya Group:
The Vaya Group is a Talent Management company that applies science and precision to the art of talent management. Led by their passion for helping leaders and organizations improve behaviors and capabilities, Dr. Paul Eccher and Dave Ross founded the consultancy—originally called Corporate Insights, Inc.—in 1997. With a consulting team of over 30 professionals, 95 percent of whom have an advanced degree, The Vaya Group continues to bring measurable business results to clients through their rigorous analysis, proven coaching and development and experienced insights and recommendations. For more information, visit www.vayapath.com.