New, innovative, and agile approaches to talent management are urgently needed to keep up with future business needs.
The changing nature of work coupled with the changing face of the workforce creates new employer-employee dynamics. If the challenge facing large organizations is in the shift from production to producing, the social challenge facing large companies is in the changing demographics of the workforce and in how producing gets done. This creates complexities and challenges for fresh talent. Knowledge workers require different conditions to produce.
How will social communities and technologies amplify one's ability to leverage experience [in the new workplace]?
Top-down organizations are too bureaucratic and cannot react to market changes quickly or adequately. These hierarchical structures are being replaced by dynamic social structures. Wisdom of the crowd networks fuels new forms of innovation, collaboration, and productivity. Organizations must establish collaborative approaches to deliberately form networks and social communities to get new and different forms of work accomplished.
Talent on demand
…Being an employee of a particular company [is an] organization model that has been growing obsolete during the past two decades, largely due to globalization and automation.
The onset of the information economy brings forth opportunities for an on-demand talent market, where individuals and global project teams will bid on high-value tasks and opportunities.
- How will talent leaders design projects so they can be parsed out to talent communities?
- How will employees engage with just-in-time employers?
- How will performance be managed?
Rethink performance management
- Today's systems are designed to support Industrial Age organizations. Can data analytics and dashboards track relevant indicators or predictors of business and performance?
- Can we imagine…on-demand access to rolling dashboards and Yelp-like sites that provide immediate (systemic and) constructive feedback against current projects and initiatives? (Parens, DN)
Re-imagine career planning
Within an open talent market, workers will be on point to develop their own careers over a portfolio of integrative experiences.
- How will talent development professionals re-imagine how careers are developed through their organizations?
- What processes need to be in place?
- How will social communities and technologies amplify one's ability to leverage experiences across a variety of settings and situations?
- How do we approach career planning in much more dynamic ways?