Total talent management is getting its day in the sun right now. Since the pandemic shifted the way many companies were doing business, it was essential to incorporate contractors into their regular workforce of permanent employees. This trend is expected to continue, so creating the right total talent management strategy can give you a competitive edge. What are the benefits of this structure, and how can we help with consulting and outsourcing? Let’s take a closer look.
The Benefits of Total Talent Management
The idea behind total talent management is to focus on the overall value a worker brings to the table regardless of their specific classification. This allows you to:
- Create an agile workforce
- Empower management
- Be strategic about talent acquisition
A total talent strategy can help your company save money by avoiding bad hires and reducing inefficient processes. It also increases access to talent and better talent management solutions.
Strategic Planning in HR
When creating an HR plan for total talent management, there are a few things to consider.
- Know your strategic priorities
- Connecting talent management to these priorities
- Create steps to implement the processes
Keep in mind that a strategy is long-term, so it’s not an overnight implementation. It can take up to 5 years to get it fully executed, so starting now is imperative. You will need to evaluate the workflow, software systems, training processes, and metrics to see where to make changes and improvements.
Attracting High-Quality Talent
Total talent management is, at its core, about people. Whether you’re utilizing traditional full-time employees, a contingent workforce, or a combination of the two, your goal is to attract top talent to your company. With top talent, you have a competitive edge in the marketplace. The best way to do this is to engage with a workforce solutions partner who can take on this aspect so you can focus on other essential parts of your business.
Improving Your Employer Brand
There is a lot of discussion in HR today about employer brand. Your employer brand is how your company stands out to potential job seekers. It’s how your current employees see and discuss their careers, the ease of online application processes, and word of mouth among former applicants that all impact your company’s overall reputation in the real world. Total talent management begins with the application process, whether through traditional job sources or your staffing partner, to make coming to work for your organization an exciting opportunity.
Do you need help building a total talent management strategy?
Anserteam Workforce Alliance represents North America’s very best staffing agencies aligned together to deliver world-class workforce management solutions. We offer end-to-end talent services that can be customized for any size business, utilizing our Managed Services Provider (MSP) model and Vendor Management Solutions (VMS) technology. Is your organization seeking a WBENC-certified diversity partner to provide measurable results and substantial cost savings?