The COVID-19 crisis has made talent management an enterprise-wide issue where it was previously focused on succession. “Organizations are having to pivot who works where, doing what and when – and traditional talent management processes and structures have proved insufficiently agile or transformational at the time they have been needed most,” cites David Perring, director of research at Fosway Research Group.
Perring continues, ‘With the new world of work unfolding around us at pace, the old foundations of talent management fail to add up. It is time for organizations to rethink and move beyond historic views of succession planning, performance management, and annual engagement surveys. Against a tough backdrop of recruitment freezes, training budget cuts, furloughs, and redundancies, it is time to tackle talent differently.”
For more, download Fosway’s 9-Segment Grid on Talent Management
Success at: https://www.fosway.com/9-grid/talent-managementpeople-success/