HRHeadStart #82: Talent Marketplaces; Collecting Career Experiences

The Talent Agenda

Last week, I shared some thoughts on making talent management more business-focused by connecting talent to value. As organizations become large and complex, this gets harder and harder. Organizations feel the need to deploy talent flexibly across large swaths, but talent might be stuck in organizational silos with no visibility to leaders. Roles get allocated based on personal networks and people have limited opportunities to grow.

Hence, large organizations explore creating talent marketplaces to define critical work opportunities and source talent from different parts of the organization. This goes much farther than internal job postings since talent marketplaces facilitate a wide range of talent exchanges for full-time jobs, project-based work, temporary job rotations etc. It also empowers employees to manage their own career and development.

See this article to learn more and if you are working on such an initiative, I would love to learn more and exchange ideas. Feel free to reply to this email.

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Working Better

In the quest for career advancement, we can fall in the trap of focusing on collecting better job titles with each career move. While this can lead to pay enhancements in the short-term, the long-term payoffs can be maximized by focusing on collecting experiences. Experiences that expose you to different types of problems, different types of businesses, different geographies and different people - using each such move to gain higher career velocity later. How are you using formal or informal talent marketplaces in your organization to collect experiences that will be immensely valuable in the future?

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Tiny Thought

The right strategy doesn't always offer immediate rewards.