As the war for talent continues, crafting and implementing a strong talent management strategy has become a challenge.
Many companies are strengthening their internal talent management capabilities with the chief talent officer role.
This new leader in the C-suite is responsible for every aspect of human resources from the talent life cycle, managing internal recruitment teams, career development, employee engagement, succession planning and more.
Changing talent landscapes, migration to remote work and emerging technology are dismantling the traditional approaches to managing talent and workforces.
A new phenomenon of talent stagnation is blocking emerging leaders from ascending the career ladder and, as a result, these professionals are not able to learn the leadership skills needed to succeed in more senior roles.
Chief talent officers need to implement initiatives catering to developing future generations of leadership through transparency and communication, a powerful employee value proposition (EVP), and diversity and inclusion (D&I).
Source - Read More at: www.forbes.com