Future talent management and development

The ever-widening IT skills gap needs filling. Organisations that fail to take proactive steps could lose a competitive advantage. CIOs must help their firms develop a coping strategy for talent management and development.

BCS research suggests IT leaders are aware of the challenge. As many as 53 per cent of digital leaders believe they need enhanced IT skills among their existing workforce. Just under half (48 per cent) require additional technology workers that are suitably qualified.

Demand for skilled IT professionals will continue to increase in the future. Research from the Tech Partnership and Experian suggests there will be approximately 1.71 million gross job opportunities for tech specialists - such as managers, developers and engineers - in the UK during the next decade.

New entrants will fill most opportunities (81 per cent) and younger workers provide a significant source of labour for the IT industry. Companies must strive to attract this fresh talent in a highly competitive economy.

Finance firms, for example, are particularly keen to attract inquisitive problem solvers. IT departments cannot afford to miss out on numerate candidates. CIOs should work with their HR peers to develop talent management strategies and to provide job opportunities that will appeal to tech-savvy millennials.

New graduates are attracted to companies that take a modern approach to employment. Fresh thinking, such as flexibility and the opportunity to work on creative projects, can pay dividends. Long-term career structures are crucial, too.

BCS research suggests digital leaders already see workforce development as a key management issue. Yet there is more work to be done. While 29 per cent of executives view staff development as a management priority, the majority of firms are more focused on change, strategy and efficiency.

IT leaders must make sure business-focused concerns are intertwined with talent management. As organisational demands for IT change, so companies will need staff with a broad range of soft and technical abilities. This skills base will only exist in the future if CIOs focus on talent management now.

 

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August 2017
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