One critical aspect of organisational success that’s often overlooked is fostering employee development – Talent Management. HR Leaders believe that at least half of their workforce is unequipped to drive future growth (Employee Experience Trends 2024 – ServiceNow and ThoughtLab).
HR Executives should be driving talent and skills development. Are your HR Executives taking measures to reskill and upskill employees to maximise their performance and subsequently their impact and influence in a business?
Why prioritise employee development (Talent Management) over recruitment:
- Demand for human skills is increasing
- The use of AI to automate and augment mundane, repetitive tasks enables employees to focus on the most important work. Giving them more time to grow and develop their skills
- A skills focus can power business success
- A skills based approach to talent management that taps into all the skills and strengths that your workforce possesses can help cultivate a positive organisational culture essential to retaining top talent.
- Talent development can boost engagement
- There is a positive connection between professional growth opportunities and employee engagement.
- Worker productivity affects business performance
- Where employees have easy access to resources to develop their skills, employee productivity is increased, which is reflected in the bottom line.
If you prioritise Recruitment, do you hire through a Recruiter or a Talent Acquisition Manager?
What is the difference:
- Recruiter – a reactive and short-term process to fill current or impending job openings.
- Talent acquisition – a proactive and long-term strategy that focuses on building relationships with potential candidates and planning for future workforce needs.
Talent Management vs Recruitment which does your business need right now?
