Competing for Critical Talent - CEB
-
Upload
hr-tech-world-congress -
Category
Recruiting & HR
-
view
581 -
download
1
Transcript of Competing for Critical Talent - CEB
CEB TalentNeuron
Competing for Critical Talent
2© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
A Framework for Member Conversations
The mission of CEB Inc. and its affiliates is to unlock the potential of organizations and leaders by advancing the science and practice of management. When we bring leaders together, it is crucial that our discussions neither restrict competition nor improperly share inside information. All other conversations are welcomed and encouraged.
Confidentiality and Intellectual Property
These materials have been prepared by CEB Inc. for the exclusive and individual use of our member companies. These materials contain valuable confidential and proprietary information belonging to CEB, and they may not be shared with any third party (including independent contractors and consultants) without the prior approval of CEB. CEB retains any and all intellectual property rights in these materials and requires retention of the copyright mark on all pages reproduced.
Legal Caveat
CEB Inc. is not able to guarantee the accuracy of the information or analysis contained in these materials. Furthermore, CEB is not engaged in rendering legal, accounting, or any other professional services. CEB specifically disclaims liability for any damages, claims, or losses that may arise from a) any errors or omissions in these materials, whether caused by CEB or its sources, or b) reliance upon any recommendation made by CEB.
3© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
The (New) New Age of the Knowledge Worker
Payment Industry
Rise of online pay wallets/platforms, giving way to payment gateways andtechnology
Finance and Control
Increased controls, process automation and audits in financial industry
Rise of Smart Machines and Systems
Workplace automation nudges human workers out of rote, repetitive tasks
Robotic Surgical Manipulation
Investment in robotics Surgical manipulatives to achieve high precision accuracy in medical devices
Pharmacy Mix
Increased focus on technology and pharmacy collaboration, to supply affordablemedications for all
New Media Ecology
New communication tools require new media literacies beyond text
Source: CEB analysis.
4© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
Horizon Skills Moving to the Forefront
Digital Marketing
Big Data & Predictive
Analytics and Modeling
3D Printing and Additive
Manufacturing
Machine Learning
and Artificial Intelligence
Cyber Security
Automotive Infotainment
and Connectivity
Bioanalytical Scientist
Fraud Detection and Analytics
Mobile Application
UI/UX Designer
Mobile Payment Service Operator
Risk Modeling
Source: CEB analysis.
Skills experiencing significant demand and predicted to continue over the next five years.
5© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
51 Days
38 Days
33 Days
41 Days31 Days
25 Days
Declining Speed
Due to rising skill shortages, the average time to fill a vacancy is increasing globally.
Average number of days to fill in for a Mobile/Software Developer globally is 45 daysSource: CEB analysis.
Note: This does not include the notice period candidates need to serve after resigning from their position.
6© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
Our Strategies for Talent Planning Must Evolve
The High Cost of Misplaced Talent Decisions
Shifting to Strategic Talent Planning
A $1 billion company that hires 300 people annually loses up to $14 million due to misplaced talent decisions (e.g., wrong office location, low quality of hire, loss of productivity).
Current State
HR as Support Function/Reactive Staff Planning
■ Responding to line managers’ hiring requests
■ Filling open requisitions
Ideal State
HR as Trusted Advisor/Proactive Strategic Talent Planning
■ Influencing line managers’ talent needs and sourcing strategies
■ Strategically aligning the organization’s talent profile with corporate objectives
Source: CEB analysis.
Source: CEB analysis.
7© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
The Power of Location, Talent, and Competitive Intelligence
Reduce time to fill for strategic talent needs.
Improve access to critical talent.
Validate decisions with real data, not just intuition.
Optimize the cost of talent across
operations.
Accelerate geographic growth with reduced risk.
Lead to game-changing new directions such as:
■ Reprioritizing hiring focus, ■ Revising expansion strategies, and ■ Recalibrating internal cost structures.
Key Benefits
Key Outcomes
8© 2015 CEB. All rights reserved. CEB155411PRINT cebglobal.com
How It Works
CEB TalentNeuron’s database contains more than 4.3 billion data points, which we put in useful context for your organization.
What We Offer You
Location intelligence provides a well-rounded picture of a target city, including factors that help you understand where you can best hire locally or persuade people to relocate.
Competitive intelligence is peer group benchmarking that provides a wealth of information about what peer companies or competitors are doing to get the people you might want.
Talent intelligence helps you understand the availability, cost, and sources of talent—as well as constraints and variables such as relocation, diversity, and location-specific talent trends.
Source: CEB analysis.
1,400+ Cities in 100 Countries
120 Million Knowledge Workers
75,000 Companies
8,000+ Skills
10,000+ Universities
DemandSupply
Cost
© 2015 CEB. All rights reserved. CEB155411PRINT
Contact Us
Tille Verhaeghe
cebglobal.com/talent-neuron