NOVEMBER - 2022HR TECH OUTLOOK6The last two years were a learning curve that tested our moral strength and taught us to adapt to adversities. The world changed drastically, driving every organization to prioritize transformation. They realized the importance of making the right talent decisions and improving employee experience. This specifically became essential with the great resignation that adversely impacted companies across the globe. However, as the pandemic subsided, several enterprises that were earlier heavily reliant on a remote workforce are now planning to adopt a new combination of on-site and remote working --the hybrid model. The new work model is expected to provide greater access to skilled talent, increase employee productivity, reduce costs, and improve employee experiences. Given the current climate, companies need to create a model that best suits their workforce needs and availability and encourages social cohesion and belonging while benefitting the business. This will protect critical roles and practices and ensure long-term viability through newer, more efficient talent management practices like Recruitment Process Outsourcing (RPO). The connected workforce will also make talent acquisition and engagement easier and hire specialists using cutting-edge analytics tools to fill critical roles, skill pools, and talent systems.Businesses will expose themselves to significant future risks by failing to understand employee needs. As a result, a certain section will emerge as true leaders in treating their talent as renewable resources, while others will be left behind in dealing with mass layoffs or high attrition. Organizations should realize this opportunity and hire specialists to boost their talent management initiatives and bring the company to the right side of the equation.Let us know your thoughts.The Changing Phenomena of Talent ManagementHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffAaron PierceAva Garcia Philo VazRussell ThomasVisualizersVictor Cruz Calvin JamesEditor's NoteCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Disclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsEmail:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKNovember - 14 - 2022, Volume 08, Issue 16 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Ronald Donovan
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