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Is Your Talent Pipeline Prepared for Turbulent Times?

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Sponsored by Toptal

In today’s fluid business environment, employers are still struggling to find the right kind of talent when they need it. But what does it take to build a truly flexible, modern workforce? It takes a creative strategy and a nimble game plan. For example, a growing number of companies rely on a remote talent pipeline that scales up or down with their organization’s requirements.

In this podcast episode, we explore how employers can improve organizational resilience by tapping into a diverse pool of qualified specialists whenever the need arises…

Meet Our Guest: Vicky Mackie

This week, I’m excited to speak with Vicky Mackie, SVP of Talent Operations at Toptal — the world’s largest fully remote workforce of top talent that enables companies to scale their teams. Vicky plays a central role in matching clients with talent who have specialized expertise, on-demand.

Prior to joining Toptal, Vicky honed her strategic and operational acumen as a management consultant at Bain and Company, where she helped executive teams in multiple industries tackle their most pressing issues.

With her depth of experience, I know Vicky has loads of helpful advice to share about talent strategies that support business agility. So let’s get started!

Why a Flexible Talent Pipeline Is Essential

Welcome, Vicky. The concept of a flexible workforce seems to be gaining even more popularity now. Why do you think this model works so well, especially in an unstable business climate?

When building a talent pipeline, great leaders rely on data. What metrics are we trying to hit? What projects will help us reach those goals? From there, you can build out your recruiting pipeline over the next 6 months, 12 months, 18 months.

But although planning is still very valuable in an unstable environment, you can’t always predict the future. So the option of a flexible workforce helps supplement full-time workforce planning. It also helps fill gaps when things are uncertain or unexpected.

For example, you can flex capacity up and down as needed. Or you can tap into highly qualified talent much more quickly. Or you can find a new type of talent that matches growing demand for emerging technologies, like AI and Generative AI.

Linking Flexible Talent With Remote Work

How do you see talent management evolving with the shift to remote work and the need for flexible talent?

Research by Manpower Group says almost 80% of companies face talent shortages today. And with the pandemic, companies saw firsthand how effective remote work can be, right? Now, more processes and technologies are available than ever to make that experience incredibly smooth.

So, to attract talent that will differentiate your company, you need to leverage remote work. You’ll not only find and attract the best talent, but also retain them.

And because you’re not limiting yourself to a specific geography means you’ll have access to capabilities you may not have had in the past.

Staying Productive Through Change

While building a flexible remote pipeline, how can employers maintain quality and productivity?

First, make sure you rely on a vetted network. By ensuring the people in your talent pool are really experts in their field, you remove the risk of working with contingent talent.

Also, you’ll want to be sure you’re considering the broadest, most diverse pool you can find, so you’re able to choose the best available talent for each role.

Lastly, it’s important to build a culture around outcomes and results. When you’re in the office, you can see people doing the work. A remote environment is different. So focusing on outcomes helps people produce high-quality work without micromanagement.

How Work Culture Fits In

That point about culture is key. It’s important from the outset, right?

That’s right. You want to treat flexible talent as part of your team. They are part of the solution to the problem you want to solve. They’re the experts. And they want to be partners with you.

So you’ll want to be very clear about what success looks like. Investing in that kind of onboarding will improve the experience for everyone.

 

Learn More About Building a Strong Talent Pipeline

For more insights about how your organization can benefit from a flexible talent pipeline, listen to this full podcast episode. And be sure to subscribe to the #WorkTrends Podcast on Apple Podcasts and Spotify.

You’ll also find a wealth of helpful insights and resources for employers on the Toptal Blog.

And anytime you want to continue this conversation on social media, follow our #WorkTrends hashtag on Twitter, LinkedIn, and Instagram. Let’s talk!

Talent Calibration Can Rise Above Politics. But How?

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Are you involved in your organization’s talent calibration process? Think back to the last session you attended with executives. Did they mostly stay quiet? Perhaps experience taught them that opening up about employees exposes them to career-damaging shoot-from-the-hip criticism. Or they may think it reflects poorly on them as leaders if staff members’ ratings are less than stellar.

Unfortunately, this is a common situation. And too often, it leads to needless bias in talent ratings. Hyperbolic statements like “She’s fantastic!” or “He’s a superstar!” don’t help. Actually, leaders’ talent calibration input can be distorted by many factors — territorial issues, inflated egos, unconscious bias, a lack of exposure to employees, and more.

How can you minimize the impact of these variables? After working with many senior leadership teams who’ve faced these challenges, we’ve developed an approach that removes politics from the equation. It’s a two-step process:

  1. Capture leadership behaviors on a scorecard.
  2. Rely on data-based decision-making to drive calibration.

Here’s how it works…

The Behavior Scorecard: Measuring Means and Ends

Some executives are wildly successful, yet they’re notorious for leaving a “trail of bodies” behind them. When the end always justifies the means, it sends a negative message that can seriously damage your organization’s culture.

Before executives calibrate talent, they need a way to manage “ends” and “means” that avoids in-the-moment bias. The answer? Emphasize observable behaviors that reflect your cultural mindset and values. Rather than relying on a standard off-the-shelf competency model, focus on real behaviors that are valued in your organization.

Partnering an in-house team with an external challenger can provide a more balanced perspective. Also, expand your interviews beyond top executives. Perspectives from across the organization help create a realistic and authentic framework. Use focus groups, surveys, and other instruments to help illuminate the nature of leadership at all levels of the organization.

Most companies have already performed much of this work, and the evidence is located in multiple places. Start by analyzing verbatim comments from engagement surveys. Review consultant reports based on employee interviews. Interview people at all levels to understand what is valued currently, and what will help the organization advance. Using this data, you can construct a simple set of leadership priorities, including specific behaviors that can shape assessments and learning opportunities.

Assessments based on these behaviors can be one data point in an executive leadership scorecard. Others might include mobility, diversity goals, engagement survey data, ethical conduct, and participation in employee resource groups. Clearly define measures of leadership behavior that will move your organization in the right direction.

Data-Based Decision-Making: 4 Steps

We suggest a simple 4-step, data-driven decision methodology. We call it the “STAR” process — survey, talent card, assessment, and review. This encourages ongoing conversations about executive talent between peers. It also ensures visibility of organizational talent and breaks down silos to increase mobility, career development and advancement.

1. Survey

Understand a leader’s ‘brand’ before calibration.

Conduct a survey based on the potential and visibility of the “brand” each executive has developed with their peers. To promote a robust discussion, compare each executive’s pre-calibration response with responses from peers. This exercise can be especially helpful for succession planning and development.

2. Talent Card

Show a full view of the leader and their organization.

Use this card to aggregate data about leaders and how they manage their teams. Ideally, it features scorecard data, performance data, risk data, and ethical data. It can also include other relevant organizational data such as spans, layers, diversity, and profit and loss responsibility. To offer a broader perspective, you may also want to add responses from employee surveys.

3. Assess

Weight each item to determine a starting score.

For all talent card data, assign a relative weighting based on importance. This creates a set of “scores” based solely on data. These scores are your calibration starting point. Stack rank the list of leaders by score to identify top, middle, and bottom ranges. A leader’s manager can keep the ranking, or challenge it and add commentary. This balances manager reviews and data-based reviews of executive talent.

4. Review

Prep for calibration.

A review period gives executives a starting point to calibrate talent based on available data. Differences between ratings reveal where the “heat” of conversations should focus during a calibration meeting. This review cycle encourages dialogue about gaps before a calibration session. Encourage participants to stay curious and check their biases. Also, prompt them to ask questions that will deepen their understanding, rather than to explain or defend.

The Calibration Session

After completing the pre-work, you can focus on the gaps between data and manager review as a starting point for talent discussions. It also creates opportunities to ask useful probative questions about each leader. For example:

  • Were appropriate goals established?
  • Is this a “how” or “what” issue?
  • Are they seen as a “blocker” for other talent?
  • How do they interact with peers?
  • Are they visible enough?
  • Do they need to move on to a new role?

The calibration team does more than simply determine an appropriate rating. It also makes data-driven decisions around talent actions. Next steps and plans for both struggling and high-potential talent can be recorded during the session.

Benefits of a Better Talent Calibration Process

We’ve worked with many senior leadership teams who’ve faced serious talent calibration challenges. When one firm used this process to deepen their talent discussion, it helped them create more effective development plans and design more confident action plans during the calibration session.

This planning process enabled executives to conduct more fruitful conversations with their most talented leaders. And these conversations about strengths, opportunities, and career paths within the company resulted in increased mobility through promotions, retirements, and resignations. As a result, the company made way for new talent, while increasing the visibility and mobility of diverse talent.

By relying on available data and linking evaluations to transparent behaviors, you too can reduce bias and improve the conversation about enterprise executive talent. Ultimately, you can minimize the unwanted influence of politics in discussions and decisions about your organization’s most precious resource — talent.

 

EDITOR’S NOTE: In developing this article, Jennifer Tice collaborated with Andy Atkins, VP, Executive and Team Performance Practice at BTS, a global consultancy. For more than three decades, BTS has been designing powerful experiences that have a profound and lasting impact on businesses and their people.

Should You Create an AI-Powered Talent Marketplace?

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After years of upheaval that have redefined society, business and work, we’ve entered a period some call the “Great Reflection.” During this era of mindfulness, employees everywhere are reevaluating what they truly want from their career and their employer. In response, companies are investing more heavily in workforce retention strategies. For instance, the internal talent marketplace concept is rapidly gaining momentum.

Why marketplaces? CIPD research says 30% of employers intend to increase wages in 2023. This is certainly one way to show people you value them. Who wouldn’t appreciate competitive compensation? But many people are looking for deeper reasons to stay onboard. As a result, more companies are focusing on employees’ career development concerns.

According to Gallup, 76% of people are seeking opportunities for professional growth. At the same time, modern businesses know they can’t advance their agenda without a future-ready workforce.

That’s why now is a good time to invest in an internal talent marketplace. This kind of solution offers multiple pathways to develop more skilled, innovative individuals and teams. But how can you accomplish this in a way that is cost-efficient, personalized, and accessible? This is our story…

Inside a Talent Marketplace: One Example

To accelerate internal mobility, Schneider Electric, a global leader in integrated energy solutions, has developed and deployed an Open Talent Market (OTM). This marketplace leverages leading-edge technology to help retain talent and stimulate employee growth.

OTM is an AI-driven career development and internal mobility platform that matches workforce skills and ambitions to opportunities across the organization. First, employees describe their current skills and past experiences, as well as their future aspirations. Then OTM provides information about relevant open positions, part-time projects, and possible mentors.

The platform also offers career planning capabilities. For example, people can explore potential career paths and establish short-term development tracks to address immediate upskilling needs or develop new skills for the future.

How the OTM Process Works

This talent marketplace is open to all connected employees at Schneider Electric, and through pilot programs for shop floor employees who don’t have daily access to a work computer. With artificial intelligence as its backbone, OTM manages the entire experience at speed and at scale.

To get started, employees create a profile in the platform, which can be based on a LinkedIn profile or resume upload. Next, they can edit and expand their profile information, adding appropriate skills, experiences, interests and development areas. The more data an employee includes, the better the AI results will be.

Schneider Electric embraces the “3E” development framework – Experience (70%), Exposure (20%), and Education (10%). And because OTM is so easy to use, employees can independently explore upskilling and development opportunities that align with each of these learning methods.

Talent Marketplace Benefits

In addition to improving talent development and mobility, this solution has formalized the way our organization manages its internal gig economy. Now, by offering part-time projects through OTM, the company can unlock hours from employees who are eager to work on stretch assignments.

But the real beauty of this talent marketplace comes from its underlying AI, which makes it possible for anyone to discover opportunities that might not otherwise have been considered.

Too often in the past, finding a new position or mentor was all about who you knew. Now, it’s about transparency. That means everyone has access to a broader spectrum of opportunities that might not have been visible previously.

At the same time, the AI personalizes the matching process. In other words, it helps employees focus on opportunities that fit their unique skills and interests, instead of requiring them to filter through a sea of options. This levels the playing field and accelerates the talent matching process by identifying the strongest possibilities, regardless of current role or business unit.

Preparing to Support Internal Mobility

An effective talent marketplace depends on a culture that is open to internal mobility. For many organizations, this requires a significant mindset shift before and during the rollout.

At Schneider, the end goal is to retain our employees by placing them in opportunities that are best suited to their skills and help them continue to grow. This is why we strive to foster open dialogue among employees, current managers, and hiring managers about internal mobility and talent development.

To set the stage for OTM, we adjusted several key policies and procedures, and built OTM logic to support our business objectives:

Policy Changes

  • To help employees pursue new opportunities more on their terms, we’ve removed minimum “time in current role” requirements, as well as the need for a manager’s approval when applying for a new position.
  • To encourage actionable communication about opportunities, we ask internal candidates to receive feedback about any application, regardless of its outcome. In the past, this was not occurring consistently.
  • To support continuous learning and development, we request that employees dedicate 10-15% of their time to projects outside of their current role.

System Functionality

  • When using OTM for career planning, employees can see possible career paths based on several criteria, including their desired roles, typical paths that others in their current role have pursued, or whether they’re interested in moving into management. Within those paths, they can see existing open positions, as well as skill development opportunities to help prepare for future roles.
  • In addition, employees can use OTM to build shorter-term career tracks based on skills or experiences they want to gain or a specific position they want to pursue:
    • A track based on skills and experiences lets employees browse available opportunities, as well as courses offered in our learning management system.
    • A track based on positions lets employees select a specific position they’d like to pursue. Then the AI compares market data to find the skills most often applied in that role and identifies which of those skills the employee already has and indicates any gaps. The platform then suggests available projects, mentors and courses in our LMS that could help an employee fill those gaps.
  • Lastly, OTM is not a one-way street. The AI helps employees uncover matched opportunities. But it also lets recruiters and project owners discover candidates with a skill or experience needed for a position or project role. This feature required change management to ensure that our managers perceive it as a tool that enhances internal mobility, rather than “poaching.”

Talent Marketplace Results

To-date, 80,000 Schneider Electric employees are registered OTM users. And since its launch in May 2020, this solution has helped more than 26,000 employees connect with projects, positions or mentorship assignments.

OTM has been a highly effective way to actively involve employees in managing their careers. It supports people as they develop, grow, and shape their future. And it helps the organization more fully utilize talent, while strengthening engagement and retention. At Schneider, our commitment to a world-class talent marketplace is leading to a brighter future, all around.

 

EDITOR’S NOTE:  In developing this article, Jessica Staggs collaborated with Michele Egan, Open Talent Market Digital Transformation Lead at Schneider Electric

Employee Development: 5 Flexible Approaches That Work

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Over the last three years, flexible and agile work models have been at the forefront of workplace disruption. Emboldened by work-from-home standards enforced during the pandemic, companies across numerous industries stopped requiring employees to be present at the office everyday. Now, many of these organizations are enjoying improved productivity and performance. But how does employee development fit into these new work scenarios?

Recognizing it’s time for large-scale change, more business leaders are willing to try new work methods, tools and solutions. With agility and flexibility at the heart of this ongoing workplace transformation, an increasing number of firms are now turning to flexible development strategies, so they can help members of their workforce realize their full potential.

With widespread talent shortages still posing recruitment obstacles, personal and professional development has become a strategic priority. But organizations that embed flexibility and adaptability into their development process will fare better at retaining people and equipping them for the future.

The Case for Flexible Development

Flexible employee development makes it possible to combine diverse learning methods that meet individual and organizational needs. This is gaining traction for several reasons:

1. More organizations are embracing inclusion as a core value. As a result, respect for individual needs and preferences is being reflected in business practices of all types. For development, this translates into personalized training and resources that accommodate diverse learning habits, skill requirements, and professional interests.

2. Key characteristics of the Industry 4.0 era include broader skill gaps, increasing automation, shifting workforce demographics, hybrid jobs and the rise of non-linear careers. A one-size-fits-all approach to employee development doesn’t address these factors.

Indeed, within modern work environments, rigid development paths are counterintuitive. They leave people feeling bored, disengaged, and ultimately excluded. In contrast, flexible learning options are the most effective way to enhance the value of every employee.

Ideas for Implementing Flexible Development

Over the last 12 months, we have been watching the various ways companies in different sectors are implementing flexible employee development, as well as its impact on talent acquisition, retention, and performance. Below are several noteworthy examples:

1. Design an EVP for Every Discipline

It’s easy to find companies that rely on a generic Employee Value Proposition (EVP) to recruit and retain top talent. But smart employers know this isn’t sufficient. Instead, define compelling career pathways and clearly communicate how employees actually grow and progress within your organization. Also, keep in mind that employee motivations often vary across different professional disciplines.

This was the strategy of Atom Bank – the UK’s first digital bank – during its campaign to hire more senior engineers to deliver core services. In the highly competitive tech talent market, a unique EVP enabled the business to stand out from the crowd and attract highly qualified people.

2. Build Depth Across Functional Roles

The ideal way to expand anyone’s capabilities is to challenge them to complete tasks and projects outside of their standard responsibilities. The objectives are twofold:

  • Offer experiences that help individuals add desired skills that align with their career aspirations.
  • Fill organizational talent gaps and ensure operational continuity.

In the beverage manufacturing industry, for example, Coca-Cola identified an HR staff member’s interest in manufacturing operations and created a hybrid HR/plant management role in response. The outcome was so successful, it became a catalyst for broader implementation. The company began moving more employees into different roles and establishing lines of progression for other career opportunities across the local business unit.

3. Offer Job Rotations and Stretch Assignments

Employees in similar functional areas can learn new skills by rotating jobs and tasks. This method is popular in food manufacturing. For instance, at Nomad Foods, plant managers encourage production workers to gain engineering skills so they can perform basic machine maintenance. Nomad says it not only helps people build new skills, but also improves cross-functional teamwork.

At more senior levels, stretch assignments are a highly effective way to help employees push the boundaries of their current role, so they can improve and expand their professional skills and become better prepared for next steps. In the tech industry, for example, organizations are challenging developers to step out of their comfort zone and take on project management and other client-facing responsibilities.

4. Support Academic Learning

Often, employers lose strong talent when younger workers resign to continue academic studies on a full-time basis. Employers are responding with a variety of attractive alternatives. For instance, some companies pay educational expenses for people who remain onboard. They may also reduce an employee’s work hours. And some employers are offering these options even if people are seeking qualifications that don’t directly relate to their current role.

Here’s how this is working at consumer goods retailer, Iceland. A recent job share arrangement made it possible for two staff members to work reduced hours, so one could return from maternity leave and another could continue university studies. Building flexibility like this into the employee experience demonstrates a serious commitment to employee wellbeing and ongoing development.

5. Emphasize Shared Leadership and Mutual Accountability

Shared leadership and accountability can help different divisions work together more effectively. With this approach, organizations assign common objectives to separate functions or business units, and then measure their collective impact. This enables division heads to gain important skills, knowledge, and experiences that help them become more agile leaders.

Nomad Foods firmly believes in encouraging different division heads to work together, while giving them flexibility in how they achieve mutual objectives. According to Nomad, expanding a leader’s influence in this way tends to drive employees’ overall willingness to take ownership and accountability for outcomes.

Conclusion

These examples are only some of the ways organizations are successfully introducing more flexibility into their employee development strategies. If you’re just starting to implement these methods, first try a limited test case or pilot program and evaluate its impact before committing to wide-scale change.

Regardless, it’s important to recognize that organizations are moving aggressively in this direction. So, the sooner you can identify flexible alternatives that will enhance your classic development offerings, the better.

Flexibility: Key to Employee Retention in 2023

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As 2022 comes to a close, several work trends are clearly visible on the horizon. Here’s one employers can’t afford to ignore — an alarming number of employees are still leaving their jobs. For all the talk about “the Great Resignation” being behind us, turnover continues to shape the world of work. And it doesn’t seem to be fading.

What’s the culprit here? In my opinion, too many employers continue to discount the need for flexibility in all its forms. Not sure if this should be a priority for you? Then consider some big-picture statistics:

  • A recent Workhuman survey focused on workforce behavior and sentiment estimates that 36% of employees plan to leave their jobs in 2023.
  • Gartner predicts that steep 20% turnover rates will continue for the foreseeable future, with as many as 65% of employees still reevaluating their career paths.

These findings are hard to ignore. But rather than drilling down on disengaged workers and why they’re looking for greener pastures, I’d like to flip the script. Instead, let’s talk about people who want to remain in place. What can we learn from them?

Why Some People Stay

What is keeping people onboard? No doubt, some are hunkering down in reaction to growing economic uncertainty. But despite recent layoff news, many organizations are still hiring qualified talent. So why aren’t more people jumping ship?

Here’s why I think flexibility is the key. It is one of the most important factors keeping satisfied people connected with their employers and committed to doing their best work. In fact, as a motivational force, flexibility is second only to salary — ranking even higher than a positive work culture.

That’s powerful stuff. But it doesn’t tell the whole story. Let’s look closer.

Making a Business Case for Flexibility

If you’re mapping your HR goals for 2023, keep this caveat in mind: From a business perspective, flexibility may be losing some of its sheen. Organizations are facing the prospect of another year trying to juggle remote and hybrid workforce models. And after years of struggling to get it right, some companies may not be willing to invest as much time and effort to make it work.

Other business factors are causing leaders to push for a return to the office. After all, money talks. And the cost of office space doesn’t drop by 50% if only half of your workforce is filling the space. Also, we hear more executives emphasizing what suffers when people work from a distance — social bonds, career growth, collaboration and innovation.

But if you’re contemplating a full-scale return to office, perhaps you should think twice. Here’s why. I’m reminded of a 2021 #WorkTrends podcast conversation about flexibility with work-life expert and business consultant, Suzanne Brown.

Did Suzanne know something the rest of us weren’t ready to take seriously when she said this?

“People will stick around now. But as soon as the economy starts to strengthen, if you haven’t already built flexibility into your culture, you’ll start to lose people quickly.”

Circumstances may have shifted since that discussion, but Suzanne’s advice still holds true.

Flexibility Isn’t Just Skin Deep

When the conversation turned to imagining what flexible work could look like on the other side of the pandemic, I recall Suzanne saying:

Flexibility is more than just taking an afternoon off once in a while. Flexibility is how you treat employees in the long-term.

So true. The pandemic underscored what employers already knew (but may not have been willing to fully support at that time). But the fact remains, people want and deserve flexibility, even when the pandemic isn’t a concern.

With this in mind, what can employers do to build flexibility into their organization’s DNA? The challenge is to match the right conditions to choices that make sense for your workforce. Flexibility is both an informal and a formal state of work. And every organization is unique.

The possibilities are diverse: job sharing, split-shifts, permanent remote work, four-day work weeks, cross-functional talent mobility programs, project-based talent sharing, freelancing pools, part-time arrangements and more.

But the trick is to offer a mix of options that are relevant and meaningful for your people, while also supporting your organization’s values, culture and goals. If you’re serious about finding the best choices, you’ll involve your people in defining the options and being accountable for their success.

Clarifying the Rules

Flexibility deserves to be more than a random whim or a moving target. Employees and employers alike need to agree on guidelines. Indeed, your team’s ability to perform well in any combination of flexible roles demands a workable game plan.

Because employees see flexibility as the sign of a great work culture, it’s important to get their buy-in. Begin with a renewed reality check. Take the time now to ask employees and managers what kind of flexible options they believe would work best, going forward. (Anonymous surveys and feedback tools are terrific at helping you manage this process and interpret findings.)

Keep in mind that individual circumstances, career objectives and personal preferences change over time. What works for someone today may no longer fit in a year or two. People don’t want to be trapped in a work structure that no longer serves them. What will your process be for people who want to rethink their choices and modify their work model?

Here’s the clincher for employers. You need to demonstrate respect for people’s wishes. Respect and recognition are intimately connected with employee satisfaction, productivity and commitment.

That means leaders must be willing to do more than listen. It’s essential to take appropriate action in response to input. And it’s even more important to repeat this process, over and over again. When you demonstrate an ongoing commitment to building your flexible agenda around collaborative conversations, how can employees resist?

We’ll see what happens soon enough. The pandemic no longer has a grip on our every move, but the Great Resignation is still happening. No one knows for sure what will unfold next. But whatever challenges lie ahead, you can’t go wrong by staying in touch, staying open and staying flexible.

It could just be what convinces more of your people to stay.

Transforming Talent Decisions With Ethical AI

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Sponsored by Reejig

Countless HR tools, applications, and platforms now rely on artificial intelligence in some form. Users may not even notice that AI is operating in the background — but it can fundamentally change the way we work, think, and make talent decisions.

This raises several big questions. What should we really expect from AI? And is this kind of innovation moving us in the right direction?

For example, what role should AI play in skills-related talent acquisition and workforce mobility practices? With stellar talent in short supply these days, this topic has never been more important for employers to consider. So join me as I look closer at key issues surrounding ethical AI in HR tech on this #WorkTrends podcast episode.

Meet Our Guest:  Jonathan Reyes

Today, I’m excited to talk with Jonathan Reyes, a talent advisor and futurist who has been helping technology and banking industry companies navigate hypergrowth for nearly two decades. Now, as VP of North America for Reejig, he’s on a mission to build a world with zero wasted human potential.

Defining “Zero Waste” in Humans

Jonathan, I love the phrase “zero wasted potential.” What exactly does Reejig mean by this?

We envision a world where every person has access to meaningful work — no matter their background or circumstance. In this world, employers can tap into the right skills for the right roles, whenever needed. And at the same time, society can reap the benefits of access to diverse ideas through fair and equitable work opportunity.

The concept of sustainability is emerging in every industry. Now, sustainable human capital is becoming part of that conversation, and this is our way of expressing it.

So, with zero wasted potential, decisions aren’t based on a zero-sum game. When employers make human capital choices, individuals or society shouldn’t suffer. Instead, by focusing on talent mobility through upskilling and reskilling, we can create a new currency of work.

Workforce Intelligence Makes a Difference

Why do you feel workforce intelligence is essential for employers as they make talent decisions?

Organizations have so much human capital data. With all the workforce intelligence available, there’s no reason to hire and fire talent en masse — and then rehire many of the same individuals just months later.

Obviously, that’s an emotional and human experience for employees. But also, organizations are spending unnecessary money to find people and let them go, only to invest again in rehiring them.

Focusing instead on internal mobility is far more cost-effective.

Where Ethical AI Fits In

Many companies are unsure about AI in talent acquisition and management. What’s your take on this?

There are no universally accepted standards for ethical AI. This means vendors across industries can say technology is “ethical” based on self-assessment, without input from legal, ethical, or global experts.

But we’ve developed the world’s first independently audited, ethical talent AI. In fact, the World Economic Forum has recognized us for setting a benchmark in ethical AI.

The Impact on Internal Mobility

How do businesses benefit from shifting to a zero-wasted potential talent strategy? 

When companies manage internal mobility well, they extend employee tenure by 2x. And we know that people who stay and continue growing and developing are much more engaged.

This can create a significant downstream benefit. It’s one of the biggest reasons to invest in this kind of talent management capability.

 

For more great advice from Jonathan about why and how organizations are leveraging AI to make better talent decisions, listen to this full episode. Also, be sure to subscribe to the #WorkTrends Podcast on Apple Podcasts or Stitcher. And to continue this conversation on social media, follow our #WorkTrends hashtag on Twitter, LinkedIn, and Instagram.