We predicted “recovery” would be a buzz word for 2010, and it is appearing—albeit with some trepidation—early and often in articles such as Even in a Recovery, Some Jobs Won't Return and EU economic recovery is gathering momentum although at a modest pace.

While any talk of recovery is welcome, there is also important learning to take from the experiences of the economic downturn. Mercer’s Managing talent after a downsizing, for instance, cautions:

Companies need to remember that, regardless of economic conditions, their best talent always has options. Even today, not every company is having a hard time.…The main thing companies need to do to secure their longer-term success is to identify their key talent, hold on to that talent, and do the best they can to develop that talent.

Organizations have sought to mitigate the negative effects of the economy on their talent management, workforce performance, and business bottom line. As 2009’s economic conditions fade, successful organizations can face their talent management challenges by leveraging strategies and powerful, unified solutions designed for 2010 and beyond.

Learn more in a global study from Taleo Research, Talent Management Lessons from the Great Recession of 2009.