- Elaine Orler, CEO of Talent Function, advised HR leaders to take the focus off of their organization's immediate talent needs and instead put it on the capabilities that the organization will need in the near future during a speech at the HR Technology Conference and Exposition, according to HR Daily Advisor.
- Talent wars and shortages, which constituted the overriding theme of many of the vendors and speakers at the event, are making it difficult for companies to expand.
- Recent challenges include: The growing multi-generational workforce, the overall candidate experience, an over-abundance of HR solutions, the requirement of recruiters to operate at market speed (as opposed to business speed). Orler added that it's expected there will be "some disruptions on how jobs get filled", due to these challenges.
What can we learn from the above insight? For one, there's a flood of new HR and recruitment software into the market that may actually be overwhelming some organizations. The need to choose the right solutions comes down to not just what's happening now in the job market, but what's to come.
Baby Boomers are quickly departing, while millennials and Generation Z employees are moving up the ranks. Organizations must look to the younger and fresher perspective of the most technologically advanced generation to come up with better ways to engage and recruit talent.