30 Key Takeaways from the Exclusive HR Dinner on "Tackling Challenges in Talent Management" by Shakrit Chanrungsakul, Sukawat Penpokai, Nattapol Jongjaroonkiat Nuttawut Kietchaiyakorn and Wasin Jerdnapaphan💡👩💼👨💼
1. A survey conducted a decade ago revealed that out of 300 organizations undergoing transformation, only 12% were successful.
2. Surprisingly, after 10 years, the number of successful organizations remained the same.
3. However, there's a notable decrease in organizations failing and an increase in those achieving moderate success.
4. Despite similar budgets and management support, the main obstacle remains the human factor.
5. The primary challenge lies in leaders, strategies, managers, and operations not aligning towards a common goal.
6. Therefore, prioritizing people before technology is crucial for successful transformation.
7. Developing digital literacy and a common language within the organization is essential for driving future talent.
8. HR is increasingly using digital skills as criteria for employee selection, and universities should prepare students accordingly.
9. Each employee often possesses multiple skill sets, and it's essential for managers to identify and utilize these skills effectively.
10. Organizations should consider the "Lifetime Value Employment" of employees to optimize management strategies.
11. Post-COVID job interviews often focus on remote work capabilities.
12. Corporate social responsibility policies are becoming central, reflecting the need for cultural shifts in work methodologies.
13. Current workforce dynamics result in short-term employee tenures, emphasizing the importance of reskilling and retaining talent.
14. Many organizations aim for Digital Transformation and becoming Data-driven Organizations.
15. However, achieving this requires having ready and reliable data and information sources to utilize beforehand.
16. The journey of reskilling starts from Digital Literacy (understanding digital principles) to Digital Fluency (being able to apply them in work).
17. Subsequently, it progresses towards Digital Savvy (being able to create business impact or solve problems using digital tools).
18. Reskilling efforts need not apply to everyone; instead, development needs should be assessed at the business unit level.
19. Adequate learning resources and evaluation tools should be provided accordingly.
20. Defining individual development needs allows organizations to tailor training programs effectively, reducing effort and budget.
21. Digital literacy, particularly in AI, is crucial in today's landscape, emphasizing AI ethics and responsible use.
22. Besides corporate branding, organizations should focus on their "people brand" to attract and retain talent effectively.
23. Building People Brand should consider the Employer Value Proposition (EVP), conveying how organizations value their employees.
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