Too many leaders think of talent management as win-lose scenario, but it's actually better to focus on employee satisfaction, especially during a talent crunch.
The World Economic Forum estimates that more than half of all employees around the world need to upskill or reskill by 2025 to embrace the changing nature of jobs. Many organizations in these situations are turning toward reskilling to build the talent they cannot acquire or productively deploy.
And yet a 2020 global BCG study showed that "talent and skills" was the second-most underinvested area in corporate transformation efforts.
Starting June 1, the Board of Registration in Medicine is requiring all doctors to take two hours of instruction in implicit bias — mistaken beliefs and prejudices that people hold without realizing it.
After trending up in recent years, employee engagement in the U.S. saw its first annual decline in a decade, dropping from 36% engaged employees in 2020 to 34% in 2021.
This pattern has continued into early 2022, as 32% of full- and part-time employees working for organizations are now engaged, while 17% are actively disengaged, an increase of one percentage point from last year.