Written by Katherine Maynard, Consulting Director
Previously published by PSI Talent Management or Cubiks, prior to becoming Talogy.
As we emerge from what has undoubtedly been one of the biggest challenges our world has faced in recent times, we are now grappling with conflicting priorities as HR professionals. The pandemic itself has led to fundamental shifts in the labor market, with many people re-evaluating the role of work in their lives. As we adjust, recover, and rebuild, there are valuable lessons that can be learned by looking back on what helped us survive 2020 and by considering the fundamentals of talent management practice in the future world of work.
The core focus areas are not new to any of us, with organizations needing to:
- Screen and select the right people to maximize productivity and profitability
- Develop and engage employees to meet their potential and drive organic growth
- Optimize the talent pipeline
- Build leadership capability to overcome future challenges
It’s easy to lose sight of these goals now that we must do all of this while coming to grips with new hybrid working models, embracing new and different technologies, considering diversity and inclusion, and facing either an influx or a scarcity of talent.
So, how do you hire the right candidates for now and for the future?
Start by asking yourself the following questions…
- What enabled you to survive 2020?
- If you knew then what you know now, what might you have done differently to future-proof your organization?
- With that in mind, what is going to be critical to your success as you rebuild and re-energize your business?
Based on our observations, today’s biggest hiring challenges are skills shortages, the competitive marketplace, difficulty attracting top talent, rethinking the assessment process, and hiring for DE&I. Additionally, some of the competencies that were once a necessity in the workplace have become obsolete. This clears the path for new competencies that employees should possess in this post-pandemic world.
We know this may sound like a daunting task, but we don’t want this to sound like it’s all doom and gloom! There is good news: these changes are not insurmountable.
As you reflect on these questions and the changing talent landscape, there are five areas that we believe are the key to successful hiring in the future world of work. Download our webinar recording to find out what they are and how you can get a jump start on implementing these initiatives in your organization.