HR professionals recognise the importance of planning future talent strategies now, before it’s too late, according to a survey by ManpowerGroup Solutions. These need to be both agile and robust to cope with a fast-moving and challenging environment.
As the complex challenges facing organisations intensify and the pace of change accelerates, the only certainty is that nothing can be certain. Alongside addressing issues, forward-thinking organisations must explore actionable future talent strategies. To gain perspective on this, ManpowerGroup Solutions surveyed a selection of senior UK HR professionals. We asked respondents for their views on the significance of future talent; future leadership skills; and the extent of collaboration within their organisation’s culture. Our results confirmed that future talent is an issue for today. While no revolutionary views or approaches were revealed, feedback highlighted a recognition of its importance.
The importance of future talent
Exactly 71% of respondents confirmed the high importance of understanding their organisation’s future talent issues, climbing to 86% for HR directors and HR heads.
Just under 70% said that development of internal talent is important; 42% confirmed the importance of resourcing future talent externally. Combining the benefits of external talent sources alongside the ongoing development of existing talent can ensure an organisation’s entire workforce is ‘job-ready’ and effectively skilled to meet the diverse challenges and opportunities facing businesses.
Future leadership skills
A balanced future talent viewpoint includes a consideration of leaders in the future – 79% believed the skills required of leaders in 2020 would be noticeably different to those of today. The need for future leaders to demonstrate resilience, agility and innovation balanced with technical and softer techniques will likely increase as the world of work evolves. Underpinning all the requirements, however, is the elusive yet critical skill of understanding people; including effective engagement, motivation and leadership.
"Future talent has been confirmed as a now issue. For organisations to secure their future existence, they cannot ignore the need for a responsive, forward-looking talent strategy strongly aligned with business strategy"
Finally, in view of how technology is revolutionising working practices, we explored the state of collaboration within organisations. Respondents were also asked whether their leadership team was supportive in building such a culture.
Despite recognising collaboration as critical for future success, most (47%) were only moderately positive that their organisation was collaborative. Interestingly, 87% of those who strongly believed their organisation was collaborative confirmed their leadership team was extremely supportive of building such a culture.
Progressive organisations and future leaders must not only keep pace with trends but understand the impact of not moving forward, embracing collaboration and relevant technological advances.
A now issue
Future talent has been confirmed as a now issue. For organisations to secure their future existence, they can’t ignore the need for a forward-looking talent strategy strongly aligned with business strategy. To attract, develop and retain skilled talent to meet business objectives, traditional approaches can no longer be relied upon and an agile, robust talent strategy is absolutely essential.
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