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3 ways to rethink talent development and retention in the new world

3 ways to rethink talent development and retention in the new world

Just as new world organizations are rethinking their structures and the very nature of leadership, so too are they dismantling the age-old approach to talent development and retention. Out go formal appraisal processes, structured career ladders and formal training programs. Instead, they are applying the principles of agility, collaboration and fluidity to the very heart of their talent programs.

So, what should those seeking to develop and retain much-valued talent in the ‘new world’ focus on?

Here are three lessons from the new world approach.

 
 
 

Top 5 Benefits of Recruitment Process Outsourcing (RPO)

Top 5 Benefits of Recruitment Process Outsourcing (RPO)

Competitive advantage and business results depend more than ever on having access to the best talent in the market. Through the implementation of "fit for purpose" outsourced recruitment solutions, smart organizations are positioning themselves for increased organizational performance and growth. The cost and business benefits of RPO are significant, whether outsourcing for one recruitment project, across multiple departments or leveraging a full enterprise-wide solution.

The top 5 benefits are:

1. Cost reduction - Many organizations spend a significant amount of money on recruitment through a heavy reliance on agencies, high use of online job boards and significant investments in underutilized recruitment technology.

 
 
 

Talent Supply and Demand for Hiring Common Logistics Roles

Talent Supply and Demand for Hiring Common Logistics Roles

After growing by 16 percent in 2016, the National Retail Federation (NRF) projects that online retail will continue to expand up to 12 percent in 2017, with online sales on pace to reach between $427 billion and $443 billion this year. (Business Insider)

This is great news for the logistics industry, but if you are on the hiring end, it means increased competition for top logistics talent.

But what does that mean exactly? Which roles are in highest demand? Where? And who is doing most of the hiring?

 
 
 

Talent Supply and Demand for Hiring Common e-Commerce Roles

Talent Supply and Demand for Hiring Common e-Commerce Roles

After growing by 16 percent in 2016, the National Retail Federation (NRF) projects that online retail will continue to expand up to 12 percent in 2017, with e-commerce sales on pace to reach between $427 billion and $443 billion this year. (Business Insider)

This is great news for the industry, but if you are on the hiring end, it means increased competition for top e-commerce talent.

But what does that mean exactly? Which roles are in highest demand? Where? And who is doing most of the hiring?

 
 
 

The New York City Jobs Market: 2017 Mid-year Review

The New York City Jobs Market: 2017 Mid-year Review

Whether you’re an executive at a New York City business in need of a recruitment strategy or a candidate looking for a job, it’s important to understand the realities facing your industry and local economy. Here we’ve gathered the most recent news and predictions for hiring and employment in New York City:

Between May 2016 and May 2017, the New York City region experienced solid job growth, increasing by 2.2 percent, or 83,300 jobs. The education and health services industries enjoyed the strongest gains, with a combined total of 31,700 new jobs. The professional and business services sector added 23,600 jobs, leisure and hospitality 14,300 jobs, and financial activities 3,800 jobs. The growth in private sector jobs was higher than the rate for New York State and nationally, which saw 1.7 percent increases respectively.1

 
 
 

The 5 crucial characteristics of a new world organization

The 5 crucial characteristics of a new world organization

Changing market conditions, the impact of technology, and the differing expectations of five generations in the workplace at once have contributed to a huge change in organizations across the world.

As a result, they’ve emerged flatter, more agile, and bound by a common purpose. Employee empowerment and collaboration is becoming the norm.

Here are the five crucial characteristics that define a new world organization...

 
 
 

5 things that make a truly great leader

5 things that make a truly great leader

The old-fashioned view of leadership is that a great leader will achieve success wherever they go. Successful leaders have a certain set of skills and attributes, and therefore they'll be able to take them anywhere and get results. Attributes like extroversion, charisma, and the power of persuasion. But the truth is, in the new world of work, what it takes to be a leader has changed dramatically.

Great leadership isn't about one set of skills or strengths. Today, great leadership is dependent on five key elements...

 
 
 

5 habits that are preventing you from reaching your leadership potential

5 habits that are preventing you from reaching your leadership potential

Traditional leadership is all about capitalizing on certain strengths. "Focus on what you do best and surround yourself with people who have complementary strengths," is the traditional leadership philosophy.

But in recent years, a lot of leadership theory has started to consider the flipside of this belief. In other words, when it comes to strengths, you can sometimes have too much of a good thing. It could even be the reason you're not reaching own potential as a leader.

Here are five ways overused strengths could derail your potential in the workplace...

 
 
 

Think you’re underpaid? Five things to consider before calling it quits

Think you’re underpaid? Five things to consider before calling it quits

Are you feeling underpaid and undervalued at work? Before you go and look for a higher-paying job, you need to consider a couple of things: the market rate for your role, and what the real problem might be for your workplaces woes.

Understanding salary

As you ponder your next move, it’s crucial to understand how a pay raise works.

Often, people assume that their pay should increase every year that they stay at an organization. However, unless there is a bonus program or a special arrangement in place, a salary is often worked out as the confluence of three things: the market; your performance and business performance.

 
 
 

Three kinds of emerging HR tech ideas: which one will be the most disruptive?

Three kinds of emerging HR tech ideas: which one will be the most disruptive?

As business leaders, we’re used to making data-driven decisions in every facet of our organizations, except, perhaps, for our people.

While the world of work is changing rapidly, there are still aspects where organizations generally do things the way they’ve always been done, such as the way they find candidates for roles, select new hires, and identify and develop top performers.

Largely I think this is because businesses still struggle to accurately measure people. And that leaves the HR and recruitment sectors ripe for disruption.

 
 
 

HRO Baker's Dozen
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