Traditional Talent Management (TM) processes fail to meet the high-potential talent requirements imperative to compete in this era of disruption. Research reveals that it’s both the younger as well as middle management people who tend to leave if they don't find opportunities to develop digital skills in their existing organizations.
Traditional Talent Management practices aren’t helpful for companies to compete in the Digital Era. In fact, they disappoint the key talent available in the market.
These findings call for the senior leadership to identify and evaluate more immediate and appropriate methods to attract and retain key talent.
This presentation provides a detailed overview of 2 distinct models that are instrumental in managing talent in the Digital Age:
1. Talent Markets for Contractors
2. Digital Tools for Employees
The slide deck also includes some slide templates for you to use in your own business presentations.
The presentation delves into the pressing challenges faced by enterprises in the Digital Age, emphasizing the need for innovative Talent Management strategies. It highlights the importance of leveraging on-demand talent markets and digital tools to stay competitive. Senior leaders must navigate complex dynamics such as global market variations, customer expectations, and technological advancements to effectively manage talent.
The PPT also provides actionable insights and best practices for fostering a collaborative culture and developing managerial skills within core teams. It underscores the necessity of creating an environment conducive to retaining top talent and continuously upgrading their digital capabilities. This resource is essential for organizations aiming to excel in talent acquisition and retention amidst digital disruption.
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Source: Best Practices in Digital Transformation, Talent Strategy, Employee Engagement, Talent Management PowerPoint Slides: Digital Transformation: Talent Management PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting
This PPT slide titled "Talent Markets for Contractors – Overview" provides a comprehensive look at how organizations are leveraging digital platforms to manage freelance talent effectively. The description emphasizes the importance of a flexible recruitment model that allows companies to attract skilled contractors and consultants. This approach is particularly relevant in the digital business environment, where the demand for specialized skills can fluctuate rapidly. Organizations can expand or contract their talent markets based on current workload and specific skill requirements.
The examples section highlights Work Market Inc., a New York-based platform that facilitates the staffing of expert talent. This example illustrates how digital talent markets can not only streamline the hiring process for contractors, but also integrate the management of full-time employees. Such platforms enable companies to respond more nimbly to changing demands, ensuring that they have access to the right talent at the right time.
Best practices outlined on the slide focus on optimizing the management of these talent markets. The first recommendation is to treat on-demand talent markets as a community, fostering collaboration and engagement among contractors. The second point stresses the importance of balancing full-time and part-time talent to ensure a diverse skill set is available. Lastly, creating an environment that attracts top talent is crucial for retaining skilled contractors.
Overall, this slide serves as a valuable resource for organizations looking to enhance their talent acquisition strategies in an increasingly digital landscape. It underscores the need for adaptive approaches to talent management that align with current market demands.
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