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Develop talent within your team to plug your skills gaps

14 Mar 2017
Competition is immense when it comes to attracting candidates with the best qualifications and skills. So with the cost of recruitment rising all the time, coupled with the on-going skills shortage issues in the UK, there’s never been a better time to spot and nurture talent from within your existing workforce.

According to the CBI/Pertemps Network Group Employment Trends Survey from December 2016, the outlook for 2017 is positive, with expectations for further increases in people finding employment, particularly on a permanent basis. However, there are continuing issues in the UK regarding lack of leadership skills and talent management. In the report, Carmen Watson, Managing Director and Chair of Pertemps Network Group, comments “The survey results show very little sign of the skills shortage easing, and employers are increasingly concerned about where they will find the future talent essential to fill crucial roles.”

The CIPD’s 2015 Resourcing and Talent Planning survey (in partnership with Hays) found that only half of CEOs have talent management as a key priority. The survey also found that skill shortages are escalating, with over four-fifths of respondents believing that competition for talent has increased.

John Telfer, Managing Director of Inspiring comments: “Recruitment can be an expensive business, not just financially, but also in regards to time. The right talent management system will help you understand which skills you need to look out for, and reduce the costs involved with staff turnover.”

Using a tool such as Inspiring’s Leadership Framework can highlight skill gaps in up and coming managers, help to identify suitable mentors and spot employees with the potential for internal promotion.

Offering training that fills these skills gaps is a good way to help your staff develop. This could be done formally through an external training provider or informally through work-shadowing or internal coaching on specific skills and leadership competencies.

John Telfer added: “The people within your organisation are what makes your business. Choosing to focus on your workforce and ensuring you can keep hold of talent will help your business to achieve its goals and drive success”.

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Read more about the Inspiring Leadership Framework and our CMI Leadership and Development Programmes.
Call us on 0800 612 3098, email info@inspiring.uk.com or get in touch using the enquiry form on the left.