The rise and Responsibility of talent Development in the New Labour Market...
The path to opportunity is changing
The short shelf life of skills and a tightening labor market are giving rise to a multitude of skill gaps. Businesses are fighting to stay ahead of the curve, trying to hold onto their best talent and struggling to fill key positions. Individuals are conscious of staying relevant in the age of automation.
Enter the talent development function.
These organizational leaders create learning opportunities to enable employee growth and achievement. They have the ability to guide their organizations to success in tomorrow’s labor market, but they can’t do it alone.
We did the research,
We surveyed approximately 4,000 professionals globally on LinkedIn with the goal of providing a holistic view of modern workplace learning.
1) The workforce agrees, training for soft skills is the #1 priority
Talent developers, executives and people managers agree that training for soft skills is the top priority for talent development teams.
2) Savvy talent developers are balancing today's challenges with tomorrow's opportunities.
What are the most important areas of focus for talent development in 2018?
Our research shows that in 2018, talent developers are prioritizing the employee development needs of today. And while that is essential, executives and people managers are looking to talent developers to do more—specifically increase their focus on identifying industry trends to prevent internal skill gaps.
3) The rise of digital is transforming talent development
Talent developers are depending more on online learning solutions to meet the needs of an increasingly diverse, multi-generational workforce—and there's no turning back. Our survey shows that talent developers depend more on online learning solutions than ever before.
4) The #1 challenge for talent development is getting employees to make time for learning
The #1 reason employees say they are not engaging in workplace learning is because they don't have the time. Executives and people managers agree that getting employees to make time for learning is the #1 challenge for talent development.
5) Manager involvement is a critical ingredient to increase employee engagement with learning
Managers are an essential part of the employee experience. Getting managers to support employee learning is not the only way to see increased learner engagement, but our data shows it will likely make an impact.
"[A]s the rate of skills change accelerates across both old and new roles in all industries, proactive and innovative skill-building and talent management is an urgent issue. What this requires is a [talent development] function that is rapidly becoming more strategic and has a seat at the table."