PROACTIVE TALENT MAPPING AND EDUCATION
“ Human resource and leadership teams focus almost exclusively on project start-up to the detriment of ongoing roles throughout the project lifecycle , resulting in a backlog of hires which has a direct impact on the bottom line ”
– Jack Coker , Principal Consultant , Ducatus Partners
best manage and mitigate workforce issues to ensure projects are on schedule and on budget ?
PROACTIVE TALENT MAPPING AND EDUCATION
By partnering with a specialist executive search provider , companies can build a map of where talent is and where it needs to be . Talent mapping is about proactively building a virtual ‘ bench ’ of talent , anticipating need , and successfully mitigating unnecessary cost . Mapping allows companies to proactively engage candidates which significantly reduces time to hire . Upon the award of a large infrastructure project , a high-potential candidate pool is identified , engaged , and ready to be mobilised . In locations that are difficult to recruit to , either due to high costs or low desirability , talent mapping is especially useful .
Although it will take several generations to rebuild the infrastructure workforce to full capacity , companies can kickstart the process . By working in partnership with colleges , companies can start to mould the next generation by putting the right skills in place , imparting knowledge , and developing talent pipelines through internships . When the time comes for graduates to seek full-time positions , companies may benefit from having built respect and loyalty with interns .
According to World Atlas , one of the countries suffering an even greater skill shortage than the US – indeed the ‘ worst ’ in the world – is Japan , and education is a leading cause . “ Japanese companies are faced with potential employees lacking knowledge of the global markets ,” the report argues , putting this down
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