TEDS White Paper Focuses on Competencies Management as the Gateway to Talent Management

Despite the millions of training and performance dollars spent each year by corporations, statistics reveal that nearly half of organizations today are experiencing talent shortages, and well above half can be expected to do so in the coming years. Read about how TEDS integrates talent management processes to turn learning and performance dollars and cents into a measurable workforce impact that makes sense.

Atkins, VA (PRWeb) March 29, 2007 -- TEDS®, originator of the only fully integrated enterprise-wide talent management solution, today announced the release of its latest white paper entitled, "Making $ense of Talent Management."

The document focuses on TEDS' rationale which establishes competencies management as the unifying principle of talent management initiatives. The document emphasizes TEDS' strategy for aligning learning and performance as strategic tools aimed at the achievement of a shared goal, rather than as separate, disconnected strategies within an organization. When referencing the relationship between HR and T&D divisions, the document maintains that "Both camps have important goals, yet their processes, functioning as parallel, disparate activities, lack the ability to intersect at the business plan."

Joe Ellis, President and CEO of TEDS, stated, "We are in the midst of a baby-boomer exit of crisis proportions. It is now more important than ever for corporations to identify the skills and behaviors that currently exist in the workforce so that they can effectively ascertain those skills which need to be replaced. How can organizations assess learning and performance if they have not clearly identified the skills gaps of the individual and the corporation as a whole? The path to talent management begins with competencies."

To read the entire white paper, visit
http://www.teds.com/pdf/competencies-makingsense.pdf

About TEDS®
TEDS®, Inc. offers the only comprehensive, enterprise-wide talent management solution that addresses learning, performance, compliance, competencies, recruiting, and succession. Employing one platform, TEDS strategically aligns business objectives with all facets of the talent lifecycle. TEDS products and services are deployed at some of the world's largest organizations and are available individually, in any combination, or as a comprehensive solution. For more information, visit www.teds.com or call TEDS Sales at 276.782.7206.

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