Why HR Chiefs Must Rethink Talent Management After COVID-19
The pandemic has left even the most prepared, agile organisations scrambling in numerous and previously unimaginable ways.
Consider how the coronavirus has blown up global supply chains. Many companies have focused on diversifying and adjusting supply networks to reduce risk and salvage some continuity. But are businesses giving the same consideration to the supply of talent?
The pandemic underscores the need for “fluidity” in talent and a seamless flow of knowledge and innovative ideas to enable capability, capacity and agility. As companies begin their return to the office, shoring up this talent supply chain is a crucial part of mitigating risk.
By mid-May, most organisations were discussing or creating strategies for a return to the workplace — 75 per cent of 255 large and mainly global businesses according to data collected by my firm, the Institute for Corporate Productivity (i4cp), a think-tank that researches human capital. Executives need to consider some important questions about talent.
This article was originally published on The Financial Times. Continue reading the article.