Growing Role of Mobility in Talent Management

Marilyn HoarePost Hire Consultant

Emerging

Global Market

Emerging

Global Organizations

Talent Mobility

Emerging Global Market = Emerging Global Organizations

Population concentration shifting

Effect of developing countries

Increase in incentives for foreign investors

Talent Mobility

PwC Talent Mobility – 2020 and Beyond Study

Increased focus on talent mobility

Need for management of global workforce

Changed the business world

Changed how we manage talent

Changed employees expectations

Technology

1970-1990 1990-2010 2020

PwC Talent Mobility – 2020 and Beyond Study

Assignments are shorter

Drives need for:

More effective communication Readily available, skilled workforce

Fulfills desire for broader experiences

New Mobility

“I expect to travel and my career will be more about enjoying the experience than earning money.”

Female graduate employee,Republic of Ireland

New Mobility• Project based assignments• Intra-country mobility• One-way relocation• Contingent labor• Virtual mobility

New Mobility

PwC Talent Mobility – 2020 and Beyond Study

Millennials want foreign experiences• Mobility to attract, engage, & retain talent

Larger part of workforce• Different drivers/motivators

Able to relocate w/ less disruption

MillennialsPw

C Talent Mobility – 2020 and Beyond Study

Laws, Taxes, &

Immigration … Oh my!

Must react quickly to

politics and political change

Pressure on governments

to change

Economic benefit as incentive

Improved collaboration

Political BarriersPw

C Ta

lent

Mob

ility

– 2

020

and

Beyo

nd S

tudy

Increasing pressure on

HR to handle global taxes, health care,

etc.

Must focus on aligning

mobility with:

Talent

Succession planning

Global resources

Regional skill demands

The Future?

PwC Talent Mobility – 2020 and Beyond Study

Short-term: acute skill shortages in specific markets

& disciplines

Long-term: find & develop

talent needed for future

business needs

The Challenge

PwC Talent Mobility – 2020 and Beyond Study

Double Edged Sword

Integrated Talent ManagementThe Answer

• Align with mobility programs & business plans

Integrate: HR, talent acquisition, succession planning, development, performance

• Retention• Growing talent from within• Ability to adapt & survive• Evolution of senior leadership• Ability to manage millennials• Borderless workforce

Improves

Integrated Talent Management

PwC Talent Mobility – 2020 and Beyond Study

Mobile apply Stream-lined recruiting process

Manager desktop widgets (like mini

apps)

Access talent information from

any global location

Appraisals & development

accessible when abroad

Learning content on demand

Consistency of information &

processes

Localization of features

How Can HRsmart Help?

• Demographics• Skills &

Competencies• Assignment

specifics• Performance

recordIdentify &

record workforce

data Perform gap analysis for

employees & next

assignment

Coach & develop

employees throughout assignment

Begin planning next steps before assignment

ends

Next Steps

PwC Talent Mobility – 2020 and Beyond Study

Management of global talent critical to success

Technology has changed the way we work

New generation = new challenges

Talent management as a strategic tool

Conclusion

“Talent mobility can only be achieved through a well integrated talent management strategy.”

Bersin by Deloitte

Questions?

Marilyn HoarePost-Hire Consultant

mhoare@hrsmart.comO: 972.783.3000

www.hrsmart.com/innovate

Thank you For attending