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Associate Insight: Managing and Retaining Talent in Today’s Climate

By Julie Nicholds, Consultant, Law Society Consulting

20 April 2015

Your staff are your key resource and having the best team around you is critical. To achieve this involves actively managing the careers of employees who have the future potential to deliver the firm's business strategy - 'talent management'.

The first step in developing a talent management programme involves reviewing the business strategy and identifying the key skills required to successfully deliver that strategy. The lack of in-house HR support should not be a barrier to identifying talent and proactively managing staff to retain them. There are a number of actions that you can take, supported by external HR consultants to achieve this.

The most common way to identify and manage talent is via a performance management process. To be effective, the process needs to focus on future development as well as current ...

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