How-to
How to Retain Great Talent
In the face of changing technology, uncertain economies, and ever-increasing competition, organizations must not only be able to recruit great talent but retain great talent. Many go-to retention strategies face challenges in a time of talent shortages and historically low unemployment. HR leaders must find new ways to continually engage and retain employees, especially as research shows that nearly half of employees are perpetually on the lookout for a different job.1 How can organizations retain employees who seem to find new opportunities everywhere they look?
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AI as universal as electricity
Marc Ramos, Chief Learning Officer at Cornerstone, believes AI will become as universal and ubiquitous as electricity. We’re right at the beginning, and there is a lot of hype, fear and anxiety, so governments and other entities are putting controls in place. But there are also tremendous values with AI, not least from a talent, HR and learning perspective. Here are some areas where Marc already sees advancements in AI.
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Time to make wise choices on technology
There is a lot of new and fascinating technology coming out on the market. For many organisations in manufacturing, health sciences and retail, it’s time to make some wise and interesting choices. When it comes to talent, learning and HR, you need to consider if these latest and greatest technologies will enable you to:
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ESG: Simply the right thing to do
Global companies are very keen to get as high ESG ratings as possible (Environmental, Social and Corporate Governance) because it affects shareholder value. But Marc Ramos, Chief Learning Officer at Cornerstone, points out that ESG is really significant for HR and learning, not necessarily from a metrics and compliance perspective, but from a cultural one. He says ESG is important because it simply is the right thing to do. It shows that the organisation is honest about and believes in taking care of employees, the earth and the future. This is attractive to external talent and helps to retain staff, regardless of which sector, market or size of business you’re in.