Managing a Global Talent Supply Chain
In last week’s Human Capital Institute webcast/podcast on workforce planning & analytics – “The Power of Integrated People Data and Processes” – I shared what I believe to be the biggest challenge in talent strategy facing large enterprises today: managing a global supply chain of talent equipped with the right skills and operating within the right organizational design that will enable firms to successfully execute business strategy.
Despite a growing global labor force (in most, if not all, countries), higher rates of cross-border mobility, and better tools to identify passive candidates, there is little doubt that the speed of technology change make legacy skills obsolete faster and there is a shortage of skilled workers, particularly in STEM fields). And it’s not just about managing labor costs; according to PwC’s 15th Annual Global CEO Survey, one-in-three CEOs report that talent constraints are impeding their firm’s ability to innovate:
That’s why I’m looking forward to The Human Capital Institute’s 2013 Workforce Planning and Analytics Conference, taking place in Atlanta in February. Rather than focusing on the “nuts and bolts” of measurement, the agenda is more concerned with how workforce planners align and collaborate with internal partners around the organization to tackle some of the challenges I listed above.
As the premier underwriter, SuccessFactors will be bringing a range of presentations to the event, including a pre-conference workshop entitled “Actionable Analytics: From ‘Big Data’ to ‘Better Data’” that teaches participants how to create effective, impactful analytics and plans (not just metrics!) and opening remarks by thought leader Peter Howes on using that data to mitigate talent risks.
Among the many outstanding case studies will be a presentation from Pearson, which, in line with the theme of building a global talent pipeline, has a powerful success story on going global with workforce planning and analytics.
In short, this promises to be one of the best workforce planning and analytics events of the year and I hope to see you there.