Spotting and retaining talent is the new great challenge that organisations face, regardless their size or turnover. But why is it so important for a company to be able to identify and retain talent?
What is talent?
We are all good at something that stands out above our other skills. But talent is not determined by only one skill, but the ability to gather all our skills and combine them to add value to the organization.
If we add to talent a large dose of attitude in facing daily challenges, we will have a talented employee who is better to keep.
For professionals to be able to develop their skills, a great deal of freedom that allows them to become talented workers with a high level of performance and motivation is required.
According to a report from Deloitte, labour market is characterised by:
- A demand for highly prepared and specialised workers able to deal with increasingly complex working positions.
- Difficulties in attracting and retaining talent.
- Managing different generations at work (Veterans, Baby Boomers, X Generation and Y Generation).
That’s why there is a need to develop leadership in order to manage different generations. Spotting talent, recruiting and retaining it must come alongside offering the opportunity for employees to develop their career and promote to reach their full potential.
As said report states, in order to retain talent we have to:
- Increase motivation and commitment among workers within the organisation.
- Develop strategies aimed at workers’ full potential.
- Evaluate actual talent strategies so they can be developed and aligned to the organisation needs.
Who’s to be responsible?
Human resources departments are facing a big challenge when spotting and retaining talent. But they are not the only one who are to be responsible. An appropriate leadership is essential for professional to fully develop their skills. Every organisation must be structured in a way that everyone gets the recognition and freedom needed to unleash their full potential.
Business intelligence strategies require implementing tools that make of this context a fun and simple reality. Talent retention involves understanding people management as an investment in productivity and company success.