Employers say their biggest human capital management challenges over the next six months will be retaining talent, employee engagement and acquiring new talent, though 15 distinct challenges are rated at least 3 on a 5-point scale. Organizations are pulled in many directions and most management functions present at least a moderate challenge, creating stress across organizations.
Organizations that fail to develop more senior women and other diverse leaders lack progress in ensuring leadership that reflects its employee and customer base, which will become increasingly diverse in the years ahead.
Many studies indicate that COVID-19 dealt a major setback to women in the workplace. Even before COVID, Brandon Hall Group research showed that women were not making substantial progress toward gaining a proportional representation in management. Only 51% of organizations believe they effectively develop women in the workplace, according to What’s Changing for Women in the Workplace? Most organizations said that more support from top management and having specific owners of development initiatives for women would help, the research showed.
Regardless of the type of HCM discipline you work in, there’s a good chance your organization is making some effort toward improving its DE&I pipeline and talent pool. Brandon Hall Group research across all of our practice areas has shown a consistent commitment to improving DE&I regardless of organization size or industry type.
Having an effective talent acquisition strategy is required for long-term success. However, what defines “effective” can change from industry to industry, company to company. So, too, do the ways that organizations define success, with a variety of ways to assess where your organization stands in terms of TA strategy and how to tell if it is improving with any changes.
Even the most top-performing organizations still have areas of the hiring process they feel can be improved upon. Chief among them is speeding up the process altogether, but just as important is engaging with candidates passively through the written job descriptions and actively through directly communicating throughout the process.
In the current global workplace, many organizations struggle with a large remote workforce that isn’t receiving the benefit of their long-standing culture — or are they? Cultural assimilation previously occurred when certain behaviors that were tied to the culture and values were exhibited and repeated in the office or among peers. But now that there are so many WFH and other types of non-office workers, those old standards may need to be re-evaluated.
BTS has wide expertise across many areas of business consulting, from leader readiness and development to strategy execution and business transformation, talent acquisition and succession, to go-to-market training, transformation and more.
Brandon Hall Group, the organization behind the largest and longest-running awards program in Human Capital Management, announced the winners of the 2021 HCM Excellence Award. Organizations from around the world were honored this year with either Gold, Silver or Bronze awards for their HCM programs, strategies, processes and systems.
Brandon Hall Group, the leading independent HCM research and analyst firm, recently launched its annual research study to examine how high-performing organizations adjust their development strategies for women across demographic groups and geographies.