Crandi

Sustainable Workforce Development Talent Strategies For The Future

Leo Migdal
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sustainable workforce development talent strategies for the future

Discover how TMI credentials are designed to accelerate your career growth. Explore how TMI incorporates Talent Management into the practice and systems of Human Capital Management. Learn how you can steer your future confidently through TMI's research driven Talent Management standards. Fellow programs equip global HR professionals with the latest in Talent Management in the transformational way. Explore how the TMP™, STMP™, and GTML™ credentials can take your HR career places, or add to the capabilities of your promising HR staff and leaders. Revitalize your enterprise HR system through the TMI-ETMS by implementing the latest in international.

If you are interested in consulting, training or education, partner with TMI to join the global league of TMI aligned institutions, companies and industries. Learn the latest about how Talent Management is transforming HR into a future oriented business hyperfunction. Despite employer complaints of unfilled vacancies, millions of qualified candidates—especially recent college graduates and those over 50—struggle to land interviews, let alone offers. This paradox underscores the pressing need for leaders to reassess and refine their talent acquisition and sustainability strategies. “The unemployment rate for college graduates ages 22 to 27 jumped to 5.3 percent in the past six months ending in May, up from 4.4 percent for the same period a year earlier,” according... While college graduates in that age range typically have lower unemployment rates than workers without degrees, this advantage is smaller today than it has been in 30 years.

For older workers who also face ageist assumptions when seeking employment, research has found that nearly half of recruiters believe that applicants are too old to consider for a job by age 57. The results of the survey demonstrate that “millions of older people risk being overlooked for jobs because of entrenched ageism in recruitment, despite companies facing a significant shortage of skilled workers.” Moreover, two in five recruiters reported being pressured by their bosses to hire younger candidates, while nearly two-thirds of HR professionals admitted to making assumptions about candidates based on their age. The most successful leaders–and businesses–will be those focused on talent sustainability across the age spectrum. That requires rethinking how to source for talent and how they are evaluated. Talent sustainability leads to attract, hire, develop, engage and retain the best talent.

As the time passes, talent sustainability is emerging as an integral part of the Future Workforce & Business Strategy. It is no more a mandate of HR only but a collective responsibility of the organization, business leaders, boards and HR leadership. A well thought out Talent Sustainability Strategy is a pressing need of the businesses and organizations (profit and not for profit) and it will be a competitive advantage for the businesses in the future. Few factors will play a critical role in developing a robust Talent Sustainability Strategy: 1. Attracting & Hiring the Right Talent:

To attract the right & relevant talent, strong employer brand is the essence. To achieve this goal, culture of an organization will act as an epicentre. Culture is built around organizational values, policies, managerial mindset, attitudes of the executives & fellow colleagues, meaningful work, ESG related HR practices. To become an employer of choice, an employer brand built around above values is important. To achieve the goal of future workforce readiness, Organizations will have to build a culture of continuous learning based on reskilling & upskilling. It should be a collective responsibility of the employees and employers both.

Updating skills, polishing & shining those is vital. Thinking creatively to reframe Talent Sustainability that is relevant to business growth will drive a real business success. Future workforce will demand to focus on their learning & development. An important trait of Gen Z & Millennials is to get satisfied for their continuous learning and development. .css-1ixbh4g{overflow:hidden;}.css-1ixbh4g a{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}.css-1ixbh4g blockQuote{font-family:Roboto;font-weight:400;line-height:33px;border-left:0.25rem solid #003D61;padding:0 0 0 1.5rem;color:#5B595F;font-size:22px;font-style:normal;margin-bottom:32px;}.css-1ixbh4g ul{list-style-position:outside;margin-bottom:32px;margin-left:15px;}.css-1ixbh4g ol{list-style-position:outside;margin-bottom:32px;margin-left:15px;}.css-1ixbh4g body{font-family:Roboto;font-size:1rem;font-weight:400;line-height:1.4;}.css-1ixbh4g caption{display:block;font-size:0.75rem;line-height:1.2;}@media screen and (min-width: 48em){.css-1ixbh4g caption{font-size:0.875rem;line-height:1.4;}}.css-1ixbh4g h1{font-family:Roboto;font-size:1.5rem;font-weight:600;line-height:1.2;letter-spacing:-0.02em;margin-bottom:1rem;}@media screen and (min-width: 48em){.css-1ixbh4g h1{font-size:2.5rem;}}.css-1ixbh4g h2{font-family:Roboto;font-size:1.25rem;font-weight:600;line-height:1.2;letter-spacing:-0.02em;margin-bottom:1rem;}@media screen and (min-width: 48em){.css-1ixbh4g h2{font-size:2rem;}}.css-1ixbh4g h3{font-family:Roboto;font-size:1rem;font-weight:600;margin-bottom:1rem;}@media screen and (min-width: 48em){.css-1ixbh4g... The future is sustainability skills and competencies.

Sustainability—in recent years, that has become a buzzword and part of everyone’s vocabulary, from corporations to consumers. Sustainability is the idea that society can meet human needs now and in the future while conserving and enhancing the natural environment. In other words, how we live today will affect our future. Often the term is used to refer to environmental impact, but sustainability addresses the need to enable all people—including future generations—to realize their potential and improve their quality of life. That is why sustainability and well-being go hand-in-hand. There are many credible sources with definitions of sustainability.

From my standpoint, sustainability in business is defined as an organization’s capacity to ensure long-term attainment of its business goals and improve shareholder value by incorporating economic, environmental, and social possibilities into its business... Sustainability in a talent management context refers to organizations nurturing their future leaders, managers, and employees. The Visionary CEO’s Guide to Sustainability To tackle new problems and opportunities, companies will need to not only help employees develop new skills but also focus on learning and collaboration. By Sarah Elk, Julie Coffman, Tracy Thurkow, and John Hazan This article is part of Bain’s 2023 CEO Sustainability Guide

Martin Brudermüller, CEO of chemicals company BASF, perfectly captured the challenge organizations face as they look to accelerate their sustainability transformation. “People like to keep repeating what they know how to do and what has proven to work. That’s what makes it so difficult to accelerate the pace,” Brudermüller has told Bain. “We need a shift in mentality, not only in our organization but in our whole ecosystem, in supply chains and partner companies.” Save my name, email, and website in this browser for the next time I comment. Save my name, email, and website in this browser for the next time I comment.

Looking forward, looking up in talent acquisition Rapid impact: Nonprofit organization hires niche talent with tailored search strategy Make impactful change to your TA strategy with brand, DEI, & technology New AI certification empowers TA & HR leaders with AI expertise Organizations worldwide are navigating a transformative era that demands a future-oriented approach to talent management. As workforces become more dynamic and business challenges more complex, embedding sustainable practices into every layer of talent development is crucial.

A robust talent strategy consulting partnership empowers organizations to align their people strategy with business imperatives, ensuring that sustainability and adaptability are woven into the fabric of workforce planning. Sustainable talent management is not solely about addressing today’s skills gaps—it’s about building resilient, high-performing teams poised for long-term success. With the workforce landscape continuously shifting under the weight of technological advancements, societal changes, and global disruptions, future-ready organizations must cultivate talent that is both agile and deeply aligned with sustainability priorities. The evolving expectations of employees and stakeholders underscore a growing demand for responsible corporate citizenship. Aligning talent management strategies with broader sustainability goals helps attract value-driven candidates while future-proofing the organization. Investing in workforce sustainability today is a catalyst for greater organizational agility tomorrow.

Building a future-focused workforce requires integrating sustainability at the core of every development initiative. This means equipping employees with the mindset and skills to contribute to both immediate business targets and longer-term environmental and social objectives. Clear, measurable sustainability goals should be incorporated into performance management processes. By tying performance incentives to achievements in sustainability—such as reducing departmental waste, leading green initiatives, or volunteering for community projects—leadership demonstrates that these contributions are valued. Rewarding sustainable achievements encourages staff at all levels to champion innovative solutions that align with the company’s vision for responsible growth. Tailored training on sustainable business practices and ethical leadership also helps reinforce this culture.

Companies leading the way often report stronger engagement scores, higher retention, and reputational advantages in competitive markets. According to a Fortune report, businesses that embed sustainability in their people agenda gain agility, innovation, and trust from both employees and customers.

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