Technology
6
-minute read

Future-proof talent mobility strategies to boost employee engagement

When there isn't a clear way for workers to grow in an organization, they don't care about working there; they're less productive, and some of them even quit. That's why you need to come up with strong talent mobility strategies that will work in the future and meet the needs of both your company and your employees. 

In this blog post, you’ll learn how to create talent mobility strategies that do more than just fill internal positions. These strategies will help you build a dynamic, flexible workforce that is ready to take on the challenges of tomorrow. 

The pillars of successful talent mobility

A 2022 study by LinkedIn revealed that companies with high internal mobility retain employees for an average of 5.4 years, nearly twice as long as companies with low mobility, where the average tenure is just 2.9 years. Furthermore, employees at high-mobility companies are 3.5 times more likely to be engaged compared to those in low-mobility environments. How to create a talent mobility strategy that drives employee engagement, performance, and retention?

As we outlined before, talent mobility is more than just moving roles to fill job positions. The first pillar of a successful talent mobility strategy is a culture of continuous learning and innovation. It means that your strategy must include different activities that encourage your employees to grow, pivot, and explore new career paths in the company by accessing different open channels to express their career aspirations, concerns about mobility, and suggestions for improvement. Another key component of this pillar is to create policies and narratives around failure and risk-taking that encourage learning and growth rather than punishment. 

Secondly, talent structures need to be dynamic. Traditional skills taxonomies are static lists of employee skills at a specific time, so there’s no way to update them according to employees’ aspirations, future company projects, and industry trends. That’s why you need to implement an AI-driven skills ontology that updates regularly according to labor market data and creates relationships between skills and company needs. This provides employees with a platform to showcase their strengths, learn new skills, and pursue their career aspirations, while the company fosters innovation and competitiveness. 

Finally, successful talent mobility is characterized by leveraging HR technology, like AI-powered talent management platforms, to match employee skills with internal opportunities. This saves time on manual processes that can produce siloed information, which makes it impossible to visualize the skills and potential of your workforce, missing opportunities for growth, both for employees and the organization. AI connects the dots between talent and opportunity effectively by analyzing vast amounts of data quickly. The outcome is a system that accurately understands your workforce's capabilities and aspirations and highlights potential matches for internal roles, projects, and assignments. 

Organizations that leverage these advanced HR technologies report significant improvements in employee satisfaction and retention rates. For instance, a recent study by Deloitte revealed that companies using AI and analytics for talent mobility saw a 41% increase in financial performance and increased their employee retention by 33%. Why not join them?

Future-proof talent mobility strategies with AI

AI allows HR leaders to anticipate, adapt, and align workforce capabilities with evolving business needs. Check out these innovative strategies to create a resilient, dynamic, and future-ready workforce:

Predictive talent mobility

AI algorithms excel at analyzing vast amounts of data to identify patterns and predict future trends. By organizing data into a skills ontology, AI-powered talent management platforms like Adepti can segment the workforce into talent pools based on skills, experience, and potential. This fluid approach to talent management enables organizations to quickly mobilize internal resources to meet evolving business demands, promoting internal mobility and reducing the need for external hiring.

Personalized career pathing with AI-driven learning

One of the most significant advantages of AI in talent mobility is its ability to offer personalized career paths for employees. AI can analyze individual skills, performance data, and career aspirations to pinpoint skill gaps and areas for development, enabling HR leaders to recommend courses, track progress, and adjust learning paths in real time based on the learner's engagement and performance. As a result, employees acquire relevant skills faster and are more engaged, while employers retain top talent by offering meaningful growth opportunities.

Agile workforce planning

AI's ability to process and analyze data in real-time supports more agile and responsive workforce planning. It enables organizations to quickly adjust their talent strategies in response to changing market conditions, emerging business opportunities, or unforeseen challenges. This agility ensures that businesses can maintain operational continuity and competitive advantage, even in volatile environments.

Unbiased upskilling

AI tools can help minimize unconscious bias in the talent mobility process by focusing on skills, performance, and potential rather than subjective criteria. This not only promotes fairness and equity but also helps organizations build a more diverse and inclusive workforce, which is crucial for fostering innovation and understanding diverse customer bases.

Implementing AI in talent mobility strategies requires careful planning, clear governance, and ongoing evaluation to ensure ethical use and alignment with organizational values and goals. However, when executed effectively, AI-powered talent mobility can transform the workforce into a dynamic, adaptable, and future-ready asset, driving organizational resilience and long-term success.

Creating a resilient workforce with Adepti

Partner with Adepti to seamlessly integrate these forward-thinking, AI-powered strategies into your talent management framework. With Adepti, you gain access to cutting-edge technology designed to unlock the full potential of your workforce through comprehensive skill analysis, predictive talent mobility, personalized learning pathways, and more. Foster a culture of continuous development and strategic agility towards a smarter, more resilient talent mobility strategy that promises not just to adapt to the future but to define it. Book your free demo now! 

Share this post
Alex Hollander

Top picks for you

Category

How to reduce employee turnover with AI

The post provides a guide on implementing AI in talent management, including fostering an AI-ready culture and choosing the right AI tools.
Emile Cornelissen
April 24, 2024
5
min read
Category

How to use talent marketplaces for employee retention

Talent marketplaces enhance employee retention by facilitating personalized development, internal mobility, and strategic workforce management.
Alex Hollander
April 23, 2024
6
min read
CONTACT US

Get in touch