Creating An Agile Workforce Balentor Anne Fulton

Creating an Agile Workforce Webinar with Balentor

In today’s global work landscape, agile workforces, talent mobility, employee reskilling, and talent retention are headline topics on the minds of many employers. Fuel50 CEO and Founder Anne Fulton together with Balentor’s Business Coach Suvi Tuominiemi recently participated in the “Creating an Agile Workforce Webinar” to dive into some of these trending topics.

Fuel50 x Balentor: Creating an Agile Workforce

During the discussion, Anne explained why investing in talent mobility can transform both the value and cost of talent and how Fuel50’s AI-driven talent marketplace is helping organizations realize their full talent potential by connecting people to opportunities within the business.

She examines a recent research survey conducted by Fuel50 into workforce agility best practices around the globe, that outlines what some of the best-in-class organizations are doing in regards to their workforce agility, talent mobility, talent agility, and how they commit to diversity and inclusivity initiatives. Here are the top 6 key findings she discovered:

1. The top strategic HR priorities for best-in-class organizations’ over the next 2 years were: Leadership, Future of Work, Career Path Visibility, Seamless Internal & External Talent Pools, Employee Experience, and Diversity & Inclusion.

2. Organizations that invest in people development, HR, and talent practices have higher business performance and continually outperform on business metrics.

3. 39% of HR leaders said their teams do not have access to tools to help them search for skills and capabilities across the organization to build talent pipelines.

4. Organizations that were able to give visibility into the skills and capabilities of employees across their organization filled more positions internally and had higher diversity outcomes, such as better gender equality.

5. Less than 33% of organizations have the technology to see the skills and capabilities of their talent. Despite 75% of organizations having strategic priorities to improve their internal talent mobility initiatives.

6. 50% of employees say it is easier to find a job outside of their organization than inside. Despite the fact that internal hires cost half as much, take half the time to onboard, and are much less likely to leave.

Create an Agile Workforce Balentor Anne Fulton

Overall, Anne concluded that by giving HR increased talent visibility, organizations stood to make significant gains. They will discover data-driven insight into the talent they already have, enable their employees to have fair and inclusive access to opportunity, and see increased business outcomes such as lower attrition rates, higher internal mobility, lower recruitment costs, better employee productivity, and less unfilled positions.

Watch the episode above to hear the full scope of the discussion and gain some invaluable insights! We hope you enjoy it and look forward to sharing more learning with you!

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