What Talent Challenges And Opportunities Should You Focus On?
10 Questions for inbound U.S. investors
Question 8 - What talent challenges and opportunities should you focus on?
U.S. organizations are looking for ways to shape a workforce that can help take on challenges like globalization, generational change, and technology change. This has led them to a new focus on talent assessment, learning, and leadership development. They’re willing to build skills, not just hire them.
As talent demands become global demands, executives will likely seek strategies they can scale for size and apply to regional needs. While other regions report talent gaps in R&D, strategy, and planning, many executives in the Americas are most concerned about leadership and operations know-how.
The rising American workforce will likely bring the power of social networking to bear on collaboration and innovation. And, in an environment that values accountability, companies will likely reward performance more than longevity.
Questions behind the questions
- Will your inbound investment involve new management of an existing workforce, recruitment of new talent, transfers from the parent company – or a mix of all three?
- Is your talent pool linked to the physical location of your investment, or can you use cloud computing and other means to draw the skilled from all over?
- What cultural norms do you take for granted in your own country that may not translate to the U.S. workplace?
Do it now
Identify the five most pressing differences between the workforce you have now (or stand to inherit shortly) and the workforce you envision as ideal.
- What will it take to turn one into the other?
- Which of those steps is worth the time and expense?
About one-third of executives in a recent survey said leadership development and succession planning were top talent priorities, and they predicted this will remain the case over the next three years.
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|Question 7: Competition|||||Question 9: Branding|
“Talent Edge 2020,” Deloitte University Press, 2012.