Growing Role of Mobility in Talent Management
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Transcript of Growing Role of Mobility in Talent Management
Growing Role of Mobility in Talent Management
Marilyn HoarePost Hire Consultant
Emerging
Global Market
Emerging
Global Organizations
Talent Mobility
Emerging Global Market = Emerging Global Organizations
Population concentration shifting
Effect of developing countries
Increase in incentives for foreign investors
Talent Mobility
PwC Talent Mobility – 2020 and Beyond Study
Increased focus on talent mobility
Need for management of global workforce
Changed the business world
Changed how we manage talent
Changed employees expectations
Technology
1970-1990 1990-2010 2020
PwC Talent Mobility – 2020 and Beyond Study
Assignments are shorter
Drives need for:
More effective communication Readily available, skilled workforce
Fulfills desire for broader experiences
New Mobility
“I expect to travel and my career will be more about enjoying the experience than earning money.”
Female graduate employee,Republic of Ireland
New Mobility• Project based assignments• Intra-country mobility• One-way relocation• Contingent labor• Virtual mobility
New Mobility
PwC Talent Mobility – 2020 and Beyond Study
Millennials want foreign experiences• Mobility to attract, engage, & retain talent
Larger part of workforce• Different drivers/motivators
Able to relocate w/ less disruption
MillennialsPw
C Talent Mobility – 2020 and Beyond Study
Laws, Taxes, &
Immigration … Oh my!
Must react quickly to
politics and political change
Pressure on governments
to change
Economic benefit as incentive
Improved collaboration
Political BarriersPw
C Ta
lent
Mob
ility
– 2
020
and
Beyo
nd S
tudy
Increasing pressure on
HR to handle global taxes, health care,
etc.
Must focus on aligning
mobility with:
Talent
Succession planning
Global resources
Regional skill demands
The Future?
PwC Talent Mobility – 2020 and Beyond Study
Short-term: acute skill shortages in specific markets
& disciplines
Long-term: find & develop
talent needed for future
business needs
The Challenge
PwC Talent Mobility – 2020 and Beyond Study
Double Edged Sword
Integrated Talent ManagementThe Answer
• Align with mobility programs & business plans
Integrate: HR, talent acquisition, succession planning, development, performance
• Retention• Growing talent from within• Ability to adapt & survive• Evolution of senior leadership• Ability to manage millennials• Borderless workforce
Improves
Integrated Talent Management
PwC Talent Mobility – 2020 and Beyond Study
Mobile apply Stream-lined recruiting process
Manager desktop widgets (like mini
apps)
Access talent information from
any global location
Appraisals & development
accessible when abroad
Learning content on demand
Consistency of information &
processes
Localization of features
How Can HRsmart Help?
• Demographics• Skills &
Competencies• Assignment
specifics• Performance
recordIdentify &
record workforce
data Perform gap analysis for
employees & next
assignment
Coach & develop
employees throughout assignment
Begin planning next steps before assignment
ends
Next Steps
PwC Talent Mobility – 2020 and Beyond Study
Management of global talent critical to success
Technology has changed the way we work
New generation = new challenges
Talent management as a strategic tool
Conclusion
“Talent mobility can only be achieved through a well integrated talent management strategy.”
Bersin by Deloitte
Questions?
Marilyn HoarePost-Hire Consultant
[email protected]: 972.783.3000
www.hrsmart.com/innovate
Thank you For attending