Top 5 Post-COVID Workforce Planning presented by Gartner. Overview of Gartner's TalentNeuron. A Premium end-to-end global labor market intelligence solution.
43% of employees learned a new-to-world skill - Increase from 34% in 2018a
47% of leaders learned a new-to-world skill
Massive skill changes were a fact of working life prior to COVID - Even Before COVID Skills Changes Complicated Workforce Planning
n = 3,970 employees 2,819 leaders
Source: 2019 Gartner Leader Effectiveness Survey for Employees
a 2018 Gartner Shifting Skills Survey, n = 7,101
Speaking notes from original deck (AI and WF 2.0)
43% of employees say they’ve had to learn an entirely new-to-world skill in the past 3 years – not just new to them, but new-to-world. That’s an increase from 34% in last year’s survey.
These new-to-world skills include things like AI engineering (also included in the definition from this survey is agile work processes, operating new machinery, and cloud computing).
Nearly half of leaders learned a new-to-world skill in the past 3 years
The takeaway here is that both employees and leaders are being faced with an expanding universe of skills – there are more skills than ever that need to be mastered to do their jobs successfully
But not only are there are more skills than ever, skills are also changing extremely quickly.
Low Confidence in Ability to Conduct Workforce Planning by HR … well before the pandemic… this is not likely to have increased
Key Points –
Building the capabilities for a more dynamic workforce hinge on the ability of the HR team to proactively and strategically help the business engage with both the external and internal labor markets at the organization from a macro to micro level. When it is something new, the quickest and easiest way to start to generate insight by looking at what’s happening in the external market. In rapidly changing environments, regularly checking in with competitors, market leaders, etc. can provide powerful insight to help the business push through to the next phase of growth.
When we were working with a healthcare organization, they were trying to quickly ramp up their digital capabilities within the organization to meet the rapidly changing demands of the market. One way to gain that type of insight is to gather trends from the market. What are others doing? What skills are they hiring? What titles? They also worked with us via the custom project channel to identify macro trends like the increased use of surgical robotics, or omnichannel communication resources between providers and patients or patient health monitoring platforms.
And foundationally, it helped to develop an understanding of what types of skills the organization might need in order to quickly move down a digital path and bring insight to the business to drive the discussion around the talent that would be necessary to help the organization adapt to the new environment and grow.
The acceleration of skills evolution and volatility in the business means organizations should expect to conduct capability needs assessments more frequently to ensure organizational capabilities stay aligned with changes in priorities.
HR leaders should look to build a robust and agile skills development capability to achieve organizational priorities as it gets harder to hire external talent to meet their fast-evolving skills needs
Key Points –
Building the capabilities for a more dynamic workforce hinge on the ability of the HR team to proactively and strategically help the business engage with both the external and internal labor markets at the organization from a macro to micro level. When it is something new, the quickest and easiest way to start to generate insight by looking at what’s happening in the external market. In rapidly changing environments, regularly checking in with competitors, market leaders, etc. can provide powerful insight to help the business push through to the next phase of growth.
When we were working with a healthcare organization, they were trying to quickly ramp up their digital capabilities within the organization to meet the rapidly changing demands of the market. One way to gain that type of insight is to gather trends from the market. What are others doing? What skills are they hiring? What titles? They also worked with us via the custom project channel to identify macro trends like the increased use of surgical robotics, or omnichannel communication resources between providers and patients or patient health monitoring platforms.
And foundationally, it helped to develop an understanding of what types of skills the organization might need in order to quickly move down a digital path and bring insight to the business to drive the discussion around the talent that would be necessary to help the organization adapt to the new environment and grow.
How do I help them think about how we will get there?
And in order to support not only the current needs, but potential future needs (which we can’t even predict because things are changing to rapidly), being able to identify adjacent skill sets can be fundamental in creating the best possible scenario for rapid shifts in skill needs. In this situation, cloud solutions isn’t necessarily something that the company needs right now but there are several secondary skills where there is already significantly more demand and therefore more experience in the market, and also likely readily able to change with new technology demands.
And incorporating this type of information in regular conversations with business leaders, hiring managers, and with L&D, talent management, and talent acquisition peers it can enable a much more rapid adjustment to this ever evolving world.
Where do we find the talent?
And here we come back to that healthcare company I was talking about. Once the conversations happened within the business, and there was clarity about the types of skills and roles that they would need, the team needed to put together a strategy to find that talent. One of the challenges or questions that they needed to answer was how fundamental was experience in the industry to being able to do the work. As you can see here, by requiring industry experience that significantly diminishes the ability to find the talent that the organization would need. So being able to say to leaders, with this requirement we are at a distinct disadvantage. Do we want to change that? Is that something we can teach internally? Additionally, if it is necessary, then we likely need to go elsewhere to look for talent. You can also see the growth rates here, so will this market support our growth over time? What does that mean for hiring? How can we use that insight around skills to strengthen our internal pipeline?
By having this type of data, the organization has the ability to drive strategic conversations about what type of talent they really need, and the cost/benefit analysis of where to find that talent, how much it will cost, and what they can do to create an advantage for themselves in the market. And a typical outcome of this type of conversation, especially with the impact that Covid has had on where work can get done, becomes how do we then capitalize on alternate locations, and how do we leverage remote and hybrid work strategies…
Key Questions: What is the overall talent landscape of customer service representatives supporting the EMEA region?
What are relevant cost parameters to consider?
How do we stack up against competitors’ job postings in certain EMEA locations?
By using location data with a focus on demand pressure, university talent, English proficiency and more, the director of HR:
Evaluated the talent supply for the focus profiles and locations as of 2Q20, as well as the list of top university talent in various locations for all relevant majors combined
Analyzed cost parameters such as the cost of living index, real estate cost, base salary cost for focus role and location to shortlist viable locations
Identified five other viable European locations outside the U.K. as the next potential hub(s) for the global bank following Brexit; will soon work with business leaders to consider hybrid and remote workforce models in alternative locations
rive social and diversity, equity and inclusion (DEI) objectives with workforce strategy decisions. Employers can embed social and DEI objectives into their workforce strategies to differentiate themselves from competitors. For instance, organizations can now take advantage of the unbounded access to global talent to bridge talent gaps for underrepresented segments.
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