In the globalizing business environment to date, the following kinds of talent have been in demand:
- Talent with high levels of expertise and skills.
- Talent who are flexible in the face of change, able to respond in an agile manner, and make progress.
- Talent able to think and act independently.
- Talent with the mindset and communication skills to work well with people of various backgrounds.
Technology is dramatically changing the way we live and work every day. Meanwhile, COVID-19 has already dramatically changed the way we think about and engage in work. Furthermore, more attention than ever is being directed at corporate environmental initiatives, exemplified by the SDGs. Our current business environment is growing more diverse and complex, and talent with the following capabilities will be in demand:
- High digital literacy.
- Deep curiosity, desire to learn, and the ability to adapt to new situations.
- Communication skills to promote oneself effectively.
- Ability to understand data and engage in decision-making on that basis of that understanding.
- Ability to approach matters from a new angle, not limited to conventional thinking, and creatively come up with new ideas.
- Ability to lead and influence others.
We live in a time of frequent change where excellent talent & leaders are needed, but now the competition to secure this talent is incredibly fierce and crosses national borders. To secure excellent talent in this environment it is incredibly important to: 1. Establish processes and resources to secure talent effectively, and 2. Understand talent market trends.
In other words:
- Define what you are looking for in terms of experience and skills in talent acquisition, and approach the appropriate (correct) talent pool.
- Communicate your company’s business, mission, and values, as well as your aspirations for the business, and what you expect from the talent you bring on board in detail.
- Evaluate whether the talent you acquire fit your company and team culture, work style, and values.
- Provide appealing employment conditions with consideration for the talent market and trends among other companies in your industry.
The US talent market moves dynamically in the short term in line with economic and political trends. For example, more recently, after COVID-19 in the “Great Retirement” the number of job seekers declined, leading to much higher demand for talent than supply and a dramatic increase in salaries. Companies that could not keep up saw their talent leave for other opportunities. At Alpha Global Search, we stay on top of the trends in the talent market, analyze them, and provide accurate market trends as well as effective support for your talent search.