When we sincerely examine the phrase Future Of Work, we infer that it is mainly formed by two important forces. One is where workplaces are rapidly trying to replace human force by Artificial Intelligence(AI), and the other is the growing utilization of talent (Talent Management) within or from outside the businesses. This change is not linear when you map it on a graph it is exponential. It is rising at a great speed.
The future of work is already here. You can observe it when you ask Google to tell you the nearest place to eat(AI), or set your alarm, the other one when you see the boom in the freelancing culture around you. Researchers say if this current trend goes ahead more than 50% of the United States workforce will be freelancing by 2027.
Talent management is more strategic than operational. It is the process of attracting, nurturing and holding on to the right talent. Talent allocated to the right spot in the organization at the right time leads to the growth of the company in the right direction.
In this blog, we share all the possibilities of how talent management is impacting companies. Also how it deals with the services that include planning, recruiting, developing, compensating and positioning
How the future of work is good for Big and Small companies?
Big organizations and Small organization – All it takes is one employee who can’t carry his/her weight together at the workplace can result in the slowdown of the department. This further results in the slowdown of the entire organization. Other times when a senior employee leaves who has been successful in the past can become a big problem at the time when the organization is growing, maturing and pacing up with the market place.
The solution to this is quite simple in logic i.e. if we manage the talent already present in the company more effectively these talent gaps can be reduced and controlled at the same time. Other times senior employees and managers who’ve been successful in the past can begin to cause problems as the organization grows, matures, and changes.
This is the reason why small and large organizations are looking to partner with an organization that is ready to help find the right talent. Aceseeker deeply understands the art of talent management and provides services that are beneficial for both organizations and the candidate.
Let us now discuss the factors to understand how this field of Talent management can be deployed at your company, whether it is big or small. Here are the important services necessary for the success of any organization.
- Professional services
- Payroll services
- Executive services
- Contract Staffing
Professional services –
Procurement is one of the most important tasks of value creation for an organization. With more value comes solid upliftment of growth. Though a successful training program is a key factor to save cost, increase productivity and have more control in the organization. A good procurement management company can provide you with in-depth field expertise to conduct a successful talent program.
Payroll services –
Procurement is one of the most critical tasks for value creation in an organization. With more value comes solid upliftment of growth. Though a flourishing training program can be the key factor to save cost, increase productivity and have more control in the organization. A good procurement management company can provide you with in-depth field expertise to conduct a successful talent program.
Executive services
A deep executive search is only possible with a highly process-driven and customized search. A company with good executive search can get your requirement for talent more preciously by filling it right talent.
A respectable company in the executive services field is Aceseeker that combines research operation and a solid executive search process with a large organization of the search pool.
Contract Staffing
Many people confuse contract staffing as temporary staffing, but there is a difference. As in temporary staffing, the hiring is done for each individual position to be filled and not as a whole function. Contract employees are individually selected for the task and are generally more professional.
With the changing work culture in the market, talent management now is no more in one department but lies with the entire organization. In 20-30 decade, talent and skill will be more valuable than age and degree.
As your organization pace up with these talent management processes, the employees get more involved with the vision, mission, and values of the company. From a strategic point of view, effective talent management pathway make the employee feel that they are part of something bigger than their current job. Resulting in value creation in the organization