Crafting an Agile Talent Management Strategy in the Age of Talent

December 02, 2009

Intense global competition, a demand for continuous innovation and rapid copying require a dramatic increase in the need for organizational agility, i.e. faster speed of change and increased innovation throughout the business. Because every business processes is interconnected, every function (including talent management) must equally adapt in order not to slow down the rest of the business:

• The work changes – the demand for speed & innovation requires business processes to rely more heavily on technology and knowledge workers (transition away from “muscle” work)
• Because both technology and knowledge evolve and become obsolete so rapidly, the work that needs to be done, the skills required to do it, and the type of talent a firm needs also change rapidly
• The economy has recently suffered more frequent and more severe ups and downs
• This new “dynamic” economy requires all business strategies, plans and processes to be more agile and capable of fast and accurate shifts in approach and resource allocation

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