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Cornerstone Blog Rethinking talent strategy with assessment for development

Rethinking talent strategy with assessment for development

August 9, 2021 by Cornerstone International Group

The shift towards digitisation has forced organisations across the globe to rethink their talent strategies. As the world of work and ways of working have changed, so too have the essential skills and characteristics needed for success. Companies are looking for ways to develop their workforce capabilities internally as well as in-households. They need to invest in what – and who – is key for organisational success in times of transformation.

Organizations need to ensure they’re investing their capital wisely, especially following the turbulent times of the pandemic. Assessment provides business leaders with an insight into the talent already present within the business, compared to the talent needed for future success. When assessment is deployed correctly, and business leaders have a clear understanding of what they want to assess and understand, organizations will begin to see the benefits of their investment.

Business leaders must answer key questions to understand the skill-sets of their employees. What capabilities and behaviours do we need to drive success? What talent have we already got within the business? And where are our development gaps? Well run assessment processes, that start with establishing clear assessment criteria, can ultimately help business leaders make more informed talent decisions.

Research has found that 60% of employees are planning a career change as a result of the pandemic, with 87% of under-25s re-thinking their careers. Assessment can provide employees with an insight into what it is they want from their career, and where they best ‘fit’ within the organisation. It’s important that organisations utilise assessment as an enabler for internal mobility, ensuring employees can identify alternative, internal roles suited to their individual capabilities.

Read the full article here

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Filed Under: Cornerstone Blog Tagged With: #assessment, #talentstrategy

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