Podcast: 10Minutes on rethinking pivotal talent

Even with all the cost-cutting initiatives and reductions in workforce that we expect to continue to see through the first few quarters of 2009, at the end of the day, most organizations are still spending within 40 to 60 and more percent of their operating cost on people-related expenses. The people agenda, therefore, is front and center as companies are recalibrating business objectives to weather the financial storm and exploit emerging opportunities.

In this podcast, talent management professionals from PwC People and Change practice, Jeffrey Summer and Renee Romulus, debunk some of the current talent myths such as "in a downturn, my pivotal talent will stay," and discuss ways to keep employees agile and focused on achieving new business objectives in a rapidly changing economic environment.