The way CEOs manage their team and the development opportunities they provide executives and high potentials are important issues for Boards today
Columbus, OH (PRWEB) September 26, 2007
Eleanor Bloxham, strategic governance and leadership authority and CEO of The Value Alliance and Corporate Governance Alliance, today gave a presentation for The Institute of Executive Development outlining the role of the Board of Directors in talent management.
The presentation outlined the current need for companies to better educate their employees on the critical strategic issues that their companies face if they want to develop a talent pipeline and remain competitive in the future. Indeed the publishing division of Harvard Business School found in a recent survey that talent management is the number one concern facing global companies today.
"The way CEOs manage their team and the development opportunities they provide executives and high potentials are important issues for Boards today," stated Eleanor Bloxham, "With the baby boomers retiring and the competitive challenges of globalization, companies need individuals who can innovate and help the company survive and grow to the next level. Increasingly that means skills not found in traditional learning settings. In carrying out the strategic plan, Boards need to ensure the CEO has built a solid team that can meet the changing requirements in the years ahead."
A recent Wall Street Journal article echoes Ms. Bloxham’s attitudes. In the September 15th issue, authors Douglas Ready and Jay Conger talk about talent management not just being HR’s job. They advocate getting senior management involved in the process and the importance of talent management programs which broaden the thinking and horizons of senior leaders. Eleanor Bloxham discussed these issues in some depth during her one hour presentation.
Former Lt. Governor of Colorado, Ambassador Gail Schoettler, who serves on several corporate boards including Masergy Communications, A4S Security, and Aspen Bio, Inc. presented with Ms Bloxham on the topic. "In this era of such rapid change in products and services, boards want to know how their companies are preparing their workforces for the future," said Ambassador Schoettler. "They want to know who is looking ahead to identify the next competitive challenge or opportunity and if they have the right people with the right skills in place to meet those challenges and opportunities. Human resources professionals will be taking a step forward for their companies if they are part of the strategic team that identifies what's coming down the pike and how to prepare their employees to take advantage of what's next."
To provide additional information to the attendees on the kinds of awareness that the senior leaders of tomorrow need to develop and the resources that companies should provide to them, Eleanor Bloxham is providing access to selected interviews she conducted with nearly 100 business leaders. The interviews, from Conversations That Build a Bridge of Trust™ co-produced with AthenaOnline, discuss some of the more complex issues good talent management programs should address including globalization, succession planning, and the strategic role of talent management for long term growth and survival of an organization. The selected educational videos represent a small sample of the over 800 educational segments produced as part of The Value Alliance/AthenaOnline Conversations That Build a Bridge of Trust™ series.
"Addressing the upcoming talent shortage is clearly top of mind at companies across the globe," states Jon Peters, President of the Institute of Management Studies and AthenaOnline. "Each year the concerns grow stronger and it is important that senior leaders understand what to do to win the talent war."
Joe Carcello, Director of Research at the University of Tennessee Corporate Governance Center agrees. "Few tasks are more important than the recruiting and developing of good people. As stewards of stockholder funds, board involvement is very appropriate in this task."
About The Value Alliance And Corporate Governance Alliance
The Value Alliance and Corporate Governance Alliance (http://www.thevaluealliance.com) is a leading board educational and advisory firm led by strategic governance authority Eleanor Bloxham. The mission of the firm is to improve board and corporate performance and build a bridge of trust between board, management, shareholders and all stakeholders. For more information call Eleanor Bloxham at 614-571-7020.
AthenaOnline.com (http://www.athenaonline.com) is a premier publisher of multimedia training, education and career development products. Athena has consistently delivered award-winning programs over the Internet, internal networks and on CD-Rom. Athena is headquartered in Reno, NV. For more information call Jon Peters at 800-500-4294.
About Conversations That Build A Bridge Of Trust™
Conversations that Build a Bridge of Trust™ is an educational series of conversations with Eleanor Bloxham and directors, CEOs, institutional investors and the Presidents and policy heads of the major governance organizations today.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.