Employers find themselves facing a complex conundrum. They can no longer afford to offer employees the type of benefits they once did, while for the first time there are five different generations in the workforce – from Baby Boomers through to Millennials – all with different expectations, desires and needs. In short, organisations need to transform their approach to talent to keep pace with the fast-changing environment in which they are operating.
Accelerating Talent Success involves an understanding of people’s motives and drivers – what inspires people to do what they do? It is based on human behaviour and how unconscious biases can effect the quality of decision making in key career moments. It demands a new and enterprising approach to job design and the packaging of work into exciting assignments, or ‘career sprints’. It is about creating a culture and environment that allows experiences that bring the best people together, accelerate learning and that people enjoy.
We have seen business leaders do four things that achieve sustainable improvements in developing millennials. These are:
1. Put people in control of their own career and learning
2. Equip them with the skills to be self-directed
3. Provide them with a toolkit and support
4. Make the experience enjoyable and fulfilling
Unsurprisingly, these approaches also seem to work when applied, appropriately, to other generations in the workforce. It is these ideas that we believe frame a new agenda for business leaders to address in order to achieve long-term sustainable success, ensuring their organisations have the best talent, be they Millennials or beyond.
To find out more about how we can support your strategy for talent please contact firstname.lastname@example.org.
Nigel Borowski November 30th, 2016