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Revolutionary times for the learning management industry
In a recent presentation, Graham Sherry successfully showed just how much times have changed - more importantly the need to keep with the times.
Talent Management
Why focus on Talent?
Would it cause you concern if by 2010 you had 2 employees leaving for each one you were hiring?
Not only will people have more choice of who to work for, there will also be less potential employees to choose from. This is where the term War on Talent comes from.
What it means to you
The changing structure of your workforce means your business will have to change too. Adapting to change could be the difference between business success or failure.
Hire to retire
Business strategy now needs to focus on the complete people lifecycle. It's no longer just a case of recruiting when there is a business need. The future may show that there is no one to recruit externally. What would you do then?
Ultimately, this means the focus should be on your workforce. Committing your resources to your people starting from when you hire them right until the end (retirement).
There is no doubt that it will be a challenge for businesses to overcome, however, the risk is too great if it is not addressed - now.
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