A growing challenge for many organisations is a lack of knowledge management. Research by Visier has found that the number of resignations among people aged between 40 and 60 increased by 35% from 2021 to 2022. And to make matters worse, it’s the longer-serving, more experienced employees who have left – with the number of resignations among employees who had been with their employer for longer than 10 years increasing by 64% over the last year.

In today’s working environment, questions have been raised as to whether senior leaders and CEOs can realistically operate and lead a business from afar. While many business leaders have embraced hybrid working, others have condemned the practice. Similarly, many employees have made calls for remote working to become the norm, and then said that they feel disengaged from their leaders due a lack of face time.

When stress and concern are on the rise for today’s workforce, accessible wellbeing support is key. In March when Covid-19 upended the way millions of UK workers operate, many workplaces went into emergency mode, which required long hours and extreme focus to make necessary shifts for survival. As the pandemic continues, we’re seeing dips in motivation and focus. Organisations need to help reorient toward the long-term and care for their team’s mental wellbeing.

With a business model structured around attracting the best talent in the market, the HR and Procurement teams at Capgemini have been putting the building blocks in place to move to a Total Talent Management (TTM) approach across their business. So, what are the steps that the organisation is taking to prepare for this shift, and why are they doing it?

People and businesses want new ways to get work done. Not everyone wants to work as a full-time, permanent employee, and organisations don’t always want that either. Contract, temporary, freelance, gig, on-demand and platform working are all on the rise, as businesses and people look for choice and flexibility to help them withstand less predictable futures.

As workforce composition becomes more complex, organisations need to adopt increasingly sophisticated people management practices, including Total Talent Management. Competition for in-demand talent is intense.

Global talent shortages are more acute than they have been for decades, while UK unemployment remains at record low levels. In this tight labour market, organisations are looking for new ways to attract workers, develop new skills, and manage their workforce.

The Total Talent Management Event Series from ManpowerGroup Solutions provides an opportunity for senior procurement professionals to explore the significant trends impacting future talent strategies.