Companies are facing a shortage of technology skills, impacting business growth. Developing a comprehensive talent management strategy is crucial, encompassing hiring, training, and retaining personnel. Innovative hiring, targeted training, and a focus on retention can address the talent scarcity. Formalizing talent management in the strategic plan is essential to mitigate the high costs of replacing key IT contributors.
As CEOs increasingly speak out against right-wing extremism, a debate arises over whether companies should engage in politics at all. Some argue it is a moral responsibility to protect liberal democracy and business interests, while others oppose corporate involvement in social and political issues. The challenge lies in balancing values, economic interests, and potential backlash.
Citizen development empowers non-technical staff to create diverse applications, mitigating the IT talent shortage and fostering innovation. However, it requires robust training, support, and oversight to avoid security risks. Successful initiatives involve formal programs, practical training, suitable tools, and balancing development workload. Citizen developers excel in problem-solving and can streamline regular tasks but may not handle complex coding.
Organizations are urged to continuously upskill their IT staff in areas like cybersecurity and software development to keep up with advancing technologies. According to industry leaders, a tailored training program aligned with individual and business goals, led by committed leadership and offering diverse learning modalities, is crucial for maximizing the workforce’s potential and staying ahead in the competitive market.
This article explores the experiences of three leaders – Subhanu, Derek, and Roxy – who have integrated spiritual beliefs into their leadership styles. Each leader’s unique journey demonstrates how embracing spirituality in the workplace can lead to fulfillment, authenticity, and meaningful connections. These stories highlight the potential impact of spirituality on leadership and organizational values.
Boosting social bonds can diminish belief in conspiracy theories and misinformation spread. Individuals conditioned to associate their romantic partners with positive emotions showed reduced distrust and susceptibility to Covid-19 misinformation, emphasizing the impact of meaningful relationships in combatting lies. Strengthening social connections can provide genuine protection against stressors and build resistance to misinformation.
Generational diversity in workplaces is on the rise. Different generations have varying expectations about feedback, its frequency, and formality, which can strain intergenerational rapport. Status incongruence, where a younger individual needs to guide an older one, can make both parties uncomfortable. To ease these tensions, it’s beneficial to establish explicit norms about feedback and adopt open feedback sessions to cater to all generations.
AI’s growing adoption could disrupt 83 million jobs and create 69 million new roles by 2025, as per the World Economic Forum. Employers must tackle the challenge of employee reskilling for future roles, while meeting current business needs. This includes providing AI knowledge and redesigning training for relevance and personalization. Acquiring technical and soft skills will be crucial. Generative AI can boost these training efforts by offering personalized learning pathways and assisting employees with real-world problem solving.
Despite nearly half of the global workforce being women, only 32% occupy senior leadership roles, with representation in C-suite positions dropping to 25%. INSEAD faculty attributes this to gender stereotypes and the challenges women face concerning initial promotions to managerial roles. Research reveals that structural changes, as well as societal and company policy modifications, are required to address this gender imbalance. The gender wage gap and work selection driven by social responsibilities and preferences are also flagged as contributing factors.
Artificial intelligence (AI) has been increasingly utilized for code development, enhancing productivity and efficiency. However, over-reliance on AI can lead to poor-quality, vulnerable code and invite threats. Agile learning encourages developers to maintain security and keep up with threats. As AI usage in coding increases, developers need individualized, adaptive learning experiences, focusing on security and critical thinking, to exploit the benefits of AI without exposing their work to threats.
Talent acquisition strategy plays a vital role in an organization’s success by attracting, retaining, and nurturing top talent. It includes the identification, attraction, and retention of talent, aligned with business objectives. A successful talent acquisition strategy encompasses strong employer branding, understanding current and future needs, sourcing, an effective screening process and utilizing data and analytics. Improving the candidate experience, leveraging technology and incorporating diversity inclusion are essential. Regular evaluation and employee development also contribute significantly to this strategy.
The current rapid advancement of technology is fundamentally changing our workplaces and roles, necessitating constant reinvention, according to Thinkers50 Ranked Thinker, Herminia Ibarra. In her work, she highlights how the less structured, less linear job market and part-time gigs pose challenges in changing careers. Ibarra suggests embracing this transitional phase as a time for exploration and cultivating relationships within one’s network to facilitate career reinvention.
The article discusses the ethical approach to employee poaching where people switch organizations. Rather than being a hostile process, it argues that with proper etiquette, transitions can be smooth. Necessary measures include discussing ‘poach’ protocols during contract negotiations and setting up arrangements for transitional periods for the concerned employee. Further, it’s important to ensure employees understand the boundaries of recruitment and ‘tampering’ to prevent over-aggressive tactics.
The Human-Centric Enterprise ebook is the result of a partnership between Thinkers50 and Mercer. The subject is close to our hearts at Thinkers50: understanding how
