The world of work is changing. As machines become smarter and industries become increasingly digital, the jobs we know today are evolving, and so are the skills needed to perform them. But are organizations and their talent strategies keeping up with this relentless pace of change?
The data suggests not. According to research by McKinsey,87% of companies say they are “aware that they either already have a skills gap, or will have one within a few years.” However,only 15% of companies say that they are ready to implement a talent strategy transformation to meet these changing needs.
Organizations that are unable to attract, develop, and retain the talent they need to thrive in the digital age may find themselves falling behind competitors who are better equipped to navigate this new terrain. Traditional approaches to training and development are no longer sufficient. Organizations need a new talent strategy designed for a future of work defined by digital transformation, rapidly changing socio-economic conditions, and an ever-diversifying workforce.
The New Talent Strategy is a framework that addresses the critical challenges that enterprise leaders face as they respond to the rapidly evolving realities of the digital-first workplace. It enables enterprises to integrate automation and AI more readily, empower teams with critical skills to drive decision making, attract and retain the best talent, and solidify their commitment to social change.
At the heart of the New Talent Strategy is a focus on data and digital literacy, and the ways that these skills empower organizations to meet the demands of the future head-on. Data literacy is critical for driving innovation, making informed decisions, and responding to evolving market conditions. However, there is currently a data literacy skills gap within many organizations that is impeding their ability to communicate, collaborate, and leverage data effectively. Closing this skills gap is crucial for organizations to thrive in the data-driven future—and the New Talent Strategy provides a roadmap for addressing this challenge.
Who is the New Talent Strategy For?
We created the New Talent Strategy for enterprise HR, diversity, and transformation leaders, as well as other change agents who are responsible for spearheading organizational transformation and talent development. Our goal is to provide these leaders with a comprehensive framework and actionable strategies to unlock human potential and drive success in the digital age.
What’s Included in the New Talent Strategy?
Readers of The New Talent Strategy will gain actionable insights and tactics for implementing a data-focused talent transformation within their organization, with a focus on four key vectors of change:
Automation & AI Preparedness, and how data literacy helps employees make more informed decisions, streamline processes, and utilize AI tools more effectively.
Organizational Resilience and how data literacy empowers teams to interpret trends, predict future risks, and make data-driven decisions to navigate uncertainties..
Inclusive Hiring & Training, and how providing training in data literacy to all employees, regardless of their roles, ensures everyone can participate in, contribute to, and benefit from the data-rich environment of a digital-first workplace.
Advanced Talent Pathways, and how a focus on data literacy in training and development can help employees see their potential growth within the organization, fostering a culture of continuous learning and helping to retain the best talent.
Alongside explorations of these four dimensions, The New Talent Strategy includes:
Case studies showcasing organizations that have successfully implemented data literacy initiatives
First-person perspectives on how data literacy is shaping the future of work
Action steps for implementing the New Talent Strategy within your organization
READ THE NEW TALENT STRATEGY
Learn why enterprise leaders must enable a new talent strategy to meet new challenges, like AI, data-driven decision-making, and create pathways for diverse data talent.