HCI Blog

This is according to the Deloitte Touche Tohmatsu Limited (DTTL) Resetting Horizons: Human Capital Trends 2013 report.

The survey of over 1,300 organizations in 59 countries outlines 13 global trends that are driving critical business and human capital decisions. The report explores new approaches in HR, spanning from next generation leadership strategies and open talent economy to focusing on improving the execution of critical HR priorities.

Below you can find the top 5 global trends in talent management

1. Next generation leadership; The majority of organizations (84 percent) say that developing future leaders is relevant now and in the next three years, but organizations must seek a new leadership model for the age of agility. “Although there is clear focus on developing the next generation of leaders globally, HR executives still need to develop a different approach around development. These strategies must be specific to the business. It’s pervasive and organizations must commit to getting the best results.”
2. Accelerating organizational change; Eighty-seven percent of respondents see the way in which organizations view change as a top trend. “In today’s fast-paced environment, organizations need to adopt a new way of looking at change and become more results-orientated.”
3. The war to develop talent Eighty-six percent of respondents reported the shift to development and upgrading skills as a critical trend. “As businesses struggle to fill critical positions at many levels, companies are putting renewed focus on building capabilities, not just finding them.”
4. Boards are changing the HR game Eighty-two percent of respondents say a growing number of boards are focusing on the role and impact of talent on business performance and risk. This is a step away from the previous focus of boards which was centered on CEO succession and setting compensation for the most senior executives. “Today, organizations know that developing a strategy without considering the talent dimensions creates risks. Boards are recognizing that a business strategy often is a talent strategy.”
5. Transforming HR to meet new business priorities Eighty-five percent of respondents indicated that organizations are developing HR capabilities that will not only support the business, but enable business strategy. “To fulfill its new role in accelerating business growth, organizations are using HR transformation to design HR and talent systems that can work across geographic boundaries, creating a framework that is flexible enough to support different business models.”

To read the report in full, please click here.

SOURCE: Global Talent Strategy