Last year’s Talent and People Success 9-Grid™ ushered in a new era of positive disruption in talent management as organisations looked to get their people strategies fit for the future. This year’s research shows an acceleration in this disruption with employers turning to new talent management differentiators. Skills, talent mobility and a shift to more agile ways of working are replacing more established approaches, such as succession planning and organisation design based on roles and responsibilities.
David Perring, director of research at Fosway Group, commented, “The how, when, where and why of work have been challenged like never before. As organisations grapple with significant post-pandemic challenges, many are asking if their traditional talent management processes and systems are fit for the modern workforce. For many organisations the answer is no. The systems and processes that got us to this point are not what we need to get us to where we want to be. That means we need to rethink for people success if we want to create great workplaces for the future.”
The 2021 Fosway 9-Grid™ for Talent & People Success incorporates both Suites and Specialists. Talent & People Success Suites provide a range of talent functionality, from talent acquisition through to learning and performance. Specialists provide a more focused set of functionalities within Talent & People Success – employee listening and advocacy, for example.
This year’s analysis shows the addition of several specialists to the 9-Grid™. This reflects the accelerated pace of change and innovation taking place in talent management. Both the Specialists and Suites are more focused than ever on helping organisations innovate the digital employee experience across onboarding, learning, skills and talent mobility.
David Wilson, CEO of Fosway Group, added, “The underlying story of this 9-Grid™ is one of accelerated innovation and change. With seismic shifts in working practices, organisations are having to reinvent the digital employee experience. This is happening across all areas of Talent & People Success. The Suites and Specialists are enabling their customers to radically rethink and refresh older, slower approaches to talent management.”
He continues, “Skills, talent mobility and employee advocacy have moved centre stage for HR teams and through the flourishing Talent & People Success ecosystem they are increasingly able to identify innovation that will support people and organisational transformation.’
The full report can be downloaded online now
Fosway’s CEO, David Wilson, and director of research, David Perring, will take questions in a live online ‘Ask The Analyst’ session on 23rd November 2021. Register for your free place online today here.