- Current challenges in talent management: More than 70% of HR professionals cite people management challenges and talent gaps as the biggest obstacles their companies face. The pandemic and its consequences underlined how critical people management is, with growing emphasis on employee health and safety and on more flexible working models.
- The importance of digital technology and data analysis: Only 35% of HR professionals believe their people management functions are using relevant digital technologies, and only 30% say HR is using data and analytics to anticipate people challenges. Proactive investment in those areas is fundamental to solving the most prominent challenges.
- Strategic workforce planning and upskilling: Strategic workforce planning and talent acquisition remain perennial challenges. Upskilling and reskilling the existing workforce, important as they are, have slipped down the list of priorities.
- Adopting artificial intelligence (AI) for competitive advantage: AI and other digital capabilities represent an opportunity to build competitive advantage, with studies suggesting productivity improvements of 20% to 30%.
Conclusion:
That means using data for accurate talent planning, improving talent acquisition, investing in upskilling and reskilling the current workforce, unlocking value through AI and focusing on change management and organisational development. Implementing those strategies addresses the current challenges and also prepares organisations for the future in a constantly changing business landscape.
Get to know Hprojekt and find out how we can support your company with all of those challenges.