Talent management is based on the premise that organisations identify talented people, match them with the right roles and develop them through the organisation to positions of increasing responsibility. However, there’s evidence that talent strategies are flawed by a tendency to make ‘attribution errors’ - psychological factors that influence how we perceive and assess others.
HR departments have had to change considerably over the past few years, creating a completely new environment for employers and employees. Legal changes such as the new shared parental leave and pay laws in the UK, plus an increasingly diverse workforce, present new challenges to managers and business leaders.
There are 5 areas where there’s opportunity to create a more employee-friendly atmosphere. Properly addressed, they will help companies gain and maintain a competitive advantage.
As the workforce gets younger, it gets more mobile. Millennials see jobs more as tours of duty than long-term career opportunities. The outcome is that any time where it makes sense for them to move jobs, it will be at least a consideration.