TALENT STRATEGIES
Business Chief North America shares insights into how organisations can establish an effective talent strategy
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A ccording to the Chartered Institute of Personnel and Development ( CIPD ), creating an effective talent management strategy begins with workforce planning . This process entails analysis of the organisation ’ s current workforce , to determine its capabilities and its future needs . With this in mind CIPD highlights that following this analysis there are typically two approaches that an organisation will take – exclusive and inclusive .
An exclusive approach segments talent to reflect an organisation ’ s needs , and is specific to key individuals . However , in recent years , the use of an inclusive approach has become more common . This approach focuses on the workforce as a whole , driving engagement and talent development . While some organisations use one or the other , often a combination of the two approaches is preferred . “ Regardless of which approach organisations adopt , fairness and consistency must be applied in all talent management processes , alongside diversity and inclusion considerations . Not ‘ joining-up ’
OCTOBER 2020