The US Federal Reserve announcement and many leading economists recently have provided hints of consensus that the worldwide recession is over. However, there are disturbing talent trends emerging that deserve detailed observation and action.

Two admonitions that fall squarely within the realm of talent management strategy and practices are included in The Corporate Executive Board’s Executive Guidance for 2010 “Confronting Six Enemies of Post-Recession Performance”:

• Productivity Losses Due to Top Talent Disengagement and Flight

• Productivity Losses Due to Misplaced Leaders

In an outstanding teleconference—available in replay—these and four other perils for future organizational performance are described. Among the research findings:

The average organization faces an imminent 7% productivity loss from the combination of departing top talent and undermanaged recruiting pipelines.

Surprisingly, 25% of high-potential employees are looking for a new employer, up dramatically over pre-recession levels.

• Only 21% of employees are fully productive; the rest a