Lore Announces Roadmap to Best Practice in Talent Management

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A diagnostic and prescriptive framework allowing organizations to assess their talent management efforts -- identifying what needs to done to move to the next higher state of practice and then develop plans to get there.

It provides a road map to best practice—and not only a map of how to get there, but also a clear picture of what the destination looks like.

Lore International Institute introduces the Talent Management Maturity Model, a diagnostic and prescriptive framework that allows organizations to assess the state of their talent management efforts, identify what needs to be done to move to the next higher state of practice, and develop the plans to get there. Based on this model, Lore has developed a Talent Management Audit, establishing the "road map" for the client organization's talent management efforts. Also now available is a free 10-question online survey providing instant feedback regarding an organization's overall stage of development for each of three success factors and associated attributes, as well as a comparison to other organizations. Each participant receives a report with a visual maturity map, three highest and lowest attribute scores, and a short narrative summary.

"With the trend to reengineer human resource departments from transaction-oriented to a more value-added strategic division, organizations are focusing increased energy on managing their talent through a more unified approach," said Bill Doherty, Ph.D., psychometrician and senior organizational development consultant for Lore.

Lore's Talent Management Maturity Model is based on extensive research in organizational theory, technology and innovation adoption, and talent management practice and systems. The model identifies three Talent Management Success Factors: Organizational Support Conditions, Talent Management Utilization, and Talent Management Activities. Each Success Factor has three associated attributes, for a total of nine attributes.

Lore's in-depth Talent Management Audit focuses on: 1) providing a definitive assessment of all the systems and resources that comprise the nine attributes, 2) identifying leverage points in the client's current talent management efforts, and 3) guiding the client through a planning process to target the leverage points and take their system to the next level and ultimately to Best Practice.

The Talent Management Audit addresses the complete employee lifecycle and includes an assessment of the organizational conditions that support or inhibit the development of talent management processes and practices.

"The Talent Management Maturity Model simplifies the client's thinking about talent management," said Doherty. "It provides a road map to best practice—and not only a map of how to get there, but also a clear picture of what the destination looks like."

About Lore International Institute

Lore International Institute is a privately held, global executive development firm, serving the global business community. Since 1989 Lore has been providing clients with a range of professional development solutions including organizational consulting, assessment, executive coaching, executive education, and business development services. See http://www.LoreNet.com for additional information about Lore, or contact Jennifer Kwiatkowski, Communications Manager, at 800-866-5548.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.


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Jen Kwiatkowski
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