It is safe to say that 2020 rocked organisations on a global scale, upending priorities and best laid business plans as leaders scrambled to provide steer through choppy waters. As lockdown restrictions begin to lift, it is tempting to believe that 2021 will be a year of stability and returning to normal. However, new challenges continue to emerge in the world of work.
Driven by the urgency to keep connected with employees, customers, and suppliers, McKinsey's recent COVID-19 survey finds that global organisations are now a staggering seven years ahead of schedule on digital transformation initiatives.
The fast pace of digital adoption of these companies is creating a widening rift, separating the organisations that will thrive in the years ahead, versus those left behind, according to a McLean & Company's 2021 HR Trends Report.
According to enterprise tech contributor, Louis Columbus, the McLean report illustrates how as larger, tech-savvy firms pull away from the rest of the pack, major gaps in talent management strategies begin to appear. Smaller, less tech-enabled companies must look to plug these holes if they are to remain competitive.
Columbus describes how these include:
- Analysing their employee skills gap. (24%)
- Developing their employees on new competencies (24%)
- Training new employees in specific new skills (21%)
Crucially, improving the quality of talent acquisition, retention, and employee experiences using digital innovation and tech will prove vital in the days and months that follow.
If you would like to learn more about what organisations can be doing specifically to enable talent for the digital age, as always, please reach out to us directly!
Simon | Assessment Solutions Consultant
M: 07860 785631
Bottom Line: CHROs and the HR teams they lead need to commit to keep learning and adopting digital technologies that help improve how they hire, engage and retain talent if they're going to stay competitive.