TALiNT Partners’ exclusive workshop highlighted the power of Talent Intelligence in strategic decision making
In a rapidly evolving talent landscape, HR and Talent Acquisition decision makers are constantly seeking innovative approaches to make informed and effective choices. Enter Talent Intelligence (TI) – an important function that holds immense potential for optimising decision making. On June 21, TALiNT Partners, Stratigens, and The Talent Intelligence Collective joined forces to host an exclusive and interactive Talent Intelligence workshop. The event gathered Talent Acquisition and Intelligence leaders and aimed to showcase the latest trends in talent intelligence, enabling participants to build their own TI capabilities and drive strategic decision making within their organisations.
The importance of Talent Intelligence
Toby Culshaw, Global Head of Talent Intelligence at Worldwide Amazon Stores, author, and Founder of The Talent Intelligence Collective, Alison Ettridge, CEO of Stratigens and Declan Slattery, Chair of TALiNT Partners Global Advisory Board spearheaded the workshop. Collectively they stressed the significance of framing TI within a broader context, highlighting how the combination of economic-style data, granular TI, and labour market analytics can drive C-suite engagement. Notably, positioning TI as a risk-mitigation exercise emerged as an effective strategy to capture the attention of board members and drive organisational success.
Collaboration and IT’s evolving role
The workshop emphasised the importance of collaboration in leveraging the power of TI. By viewing TI as a combination of human intelligence (gossip), research, and tools, organisations can harness its full potential. Furthermore, the session highlighted that TI’s role extends beyond talent attraction; it also plays a crucial role in talent retention and reducing attrition rates. As the focus shifts toward hiring for skills, effective TI becomes even more critical for making informed talent decisions.
Unlock a world of possibilities with Talent Intelligence.
Navigating challenges and embracing innovation
Participants engaged in discussions that shed light on the challenges and opportunities in the field of TI. Topics ranged from defining competition in terms of skills to reintegrating older workers into the workforce. Notably, the UK’s struggle to reach pre-pandemic employment levels highlighted the need to support initiatives such as equalising paternity / maternity leave and reimagining talent pools, particularly for individuals with disabilities. The workshop also explored the potential of the “recruit-train-deploy” approach as an optimal solution for skills development.
Harnessing data and protecting value
The workshop emphasised the importance of data-driven decision making while recognising that TI is still evolving. Decision makers were urged to adopt an iterative and scrappy approach while continuously striving for proper support. Protecting one’s time and value was also emphasised, encouraging TI specialists to be discerning in their commitments and engaging leadership to actively participate in the TI process.
Supporting DE&I and measuring success
The workshop delved into the vital role of TI in supporting diversity, equity, and inclusion (DE&I) initiatives. Participants explored strategies to gather and leverage relevant data for different protected groups, taking into account varying jurisdictional considerations. It was highlighted that what can be measured tends to attract the necessary resources, thus emphasising the importance of TI in driving DE&I efforts.
As the talent landscape continues to evolve, HR and Talent Acquisition decision makers can unlock a world of possibilities with Talent Intelligence. The TALiNT Partners workshop showcased the immense potential of TI in strategic decision making, stressing the importance of collaboration, data-driven insights, and innovation. By embracing TI as a risk-mitigation tool and leveraging its combination of human intelligence, research, and tools, organisations can optimise their decision making, enhance talent acquisition and retention, and drive sustainable success in the ever-evolving business landscape.