Giving Compass’ Take:
• FSG gives some advice to employers rethinking company culture and recruiting talent to align with socially-driven goals: It shouldn’t be done lightly.
• From examining internal strengths to seeking outside counsel, there are many ways to take the initiative in managing new hires within the sphere of Corporate Social Responsibility. How can we abide by these principles?
With 46 percent of employers reporting difficulty filling jobs and looming uncertainty around how artificial intelligence and automation will impact the future of work, CSR and HR leaders are testing and innovating new models for managing talent that are critical to the future success of their companies.
In June, we had the privilege of bringing together a group of these leaders at the Gap Inc. Headquarters in San Francisco for REWIRE: Unlocking Talent Strategies for Today and Tomorrow. Throughout the event, participants from FSG’s Talent Rewire Innovation Lab sshared stories about how they are gaining a competitive advantage by shifting policies and practices to better support the hiring, retention, and advancement of populations that have historically faced more barriers to employment.
For companies rethinking talent, we encourage you to think about 4 guiding principles.
1. Don’t go it alone. In piloting new ways of working with employees, it’s important to acknowledge your organization’s strengths and where you might need to bring in additional support.
2. Recognize the power of listening. In any effort to better serve a specific population, it is critical to start from a place of deep listening. Employees themselves are best positioned to articulate the nuances behind why they stay or leave a job, and this expertise should be paramount.
3. Align your efforts with your core business. Companies have different mental models about how and why they engage in societal issues, and this can influence the degree and pace of change.
4. Change hearts and minds. While policies, structures, and practices are important to rewiring talent for a new era, they must be supported by a fundamental shift in how individuals in the business are thinking about talent.
Read the full article about four guiding principles in rethinking your workforce by Talia Alongi at FSG.
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