Manage a multi-generational employee population with differing and often conflicting career expectations.
Some of the world’s most admired companies will lose half their key talent over the next five years. Significant numbers of experienced workers are preparing to retire, and there isn’t enough young talent to replace them. The next generation of workers - despite their high aspirations and expectations – may not immediately have the skills required by new business strategies. Widening gaps in skills and capabilities of employees are driving this talent shortage.
Some questions to address are:
- Do we have the right talent, in the right places, to execute our business strategy?
- Will key talent stay with us through challenging times?
- Do we have the right strategies and programmes in place to close the growing talent gap?
- Do employees understand, and is their performance aligned with, our business priorities
CEOs and HR leaders see talent as a major challenge to growth. Where should you focus? Our survey of 2,500+ organizations in 90+ countries reveals 12 critical trends shaping the human capital agenda.
Leadership remains the top human capital concern — and the largest “readiness gap” in our survey. The need: develop new leaders faster, globalize leadership programs, and build deeper bench strength.
Welcome to the open talent economy—a new era in talent management. This collaborative, transparent, technology-enabled, rapid-cycle way of doing business has changed the talent landscape. Take in the new vista in this new report.