Magazine article HRMagazine

The Unending 'War for Talent'

Magazine article HRMagazine

The Unending 'War for Talent'

Article excerpt

There's a popular saying in some HR circles today: "The 'war for talent' is over-and talent won."

In the decade since the term was coined, we have seen this so-called war wax and wane with economic cycles, evolve with new technology, and intensify under globalization. It should now be clear to everyone that, whether we're in good economic times or bad, in a period of stability or disruption, the skills shortage is an ever-present challenge.

Hard-to-find talent and hard-to-fill jobs are constants in the new world of work. So, to me, it is no longer a "war" to find and keep the best people; it's a way of life. And HR professionals are learning to adapt.

This issue's cover story introduces HR professionals who are addressing workforce readiness and building a fit-for-the-future workforce with approaches from three fronts: creatively sourcing talent wherever they can find it, engaging and developing the talent they have on hand, and building a future pipeline of talent that can pay off for organizations and society at large.

When it comes to bringing in and building skills, company leaders are more frequently turning to internships, apprenticeships and work-study programs to prepare newly hired workers to meet the organization's immediate needs. In addition, HR practitioners are tossing out the rulebook on what makes an "ideal" candidate. Companies can't afford to overlook people who can make valuable contributions just because they don't meet a checkbox requirement such as a high GPA, immediate availability, or a resume with the "right" job titles and work history. …

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