Recession Opportunity– Underutilized Talent

A report published in Business Week shows an opportunity waiting for business to seize right now– underutilized talent:

According to a winter 2008 Accenture (ACN) survey, which BusinessWeek has an exclusive first look at, 46% of women and 49% of men worldwide believe they are insufficiently challenged in their jobs.

“What this means for companies is that they have a huge opportunity with the talent they own to get more return [out of these] same people, if they just know how to ask them and how to engage them,” says Armelle Carminati, Managing Director of Human Capital and Diversity at Accenture. “Your employees are eager to do more. They are capable of doing more. They want to do more. This is a great competitive advantage for you as a company because you don’t have to hire new talent in a challenging environment—you have the talent in place.”

Consider:

• How could you more effectively engage the talent of associates where you work?
• By not doing so, do you risk losing them to a competitor who will?

Tags: Business Week, Economic Crisis, Economy, Employee Engagement, Employee Retention, Recession