private sector an estimated £ 6.3bn every year , according to The Open University and , as such , this type of service is more important than ever . “ The phrase ‘ war for talent ’ has been around for some time ,” observes Phipps . “ From an ADP point of view , onboarding talent has become a big part of our software solution so that we can help people find the best talent in the first place .” The firm also recently acquired The Marcus Buckingham Company , a Californiabased firm that delivers tools , research , coaching , and training programmes to drive engagement and performance within teams . “ We ’ re looking at different ways that you can understand your employees , understand what they like and dislike about their job so that you can be better connected with them and hopefully that results in better outcomes ,” Phipps adds . In the future , Phipps also predicts that big data will become a crucial tool for talent management , noting that it can help business get a more transparent understanding of the workforce . “ There ’ s definitely a space for strong leadership skills , but combining that with better analytics and insights that show what ’ s going on with your workforce can really help you reward
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