The talent you need is all around you
Keen observers will know that I have a particular dislike for the made up, “Great Resignation”. I’d go as far to say that it put up a good challenge to “The War for Talent”, “The New Normal” and anything involving the word, “Disruption” to be the most vacuous phrase that has ever dribbled out of the side of a mouth. And whilst the context is different, the commonality between all of these soundbites is the lack of understanding and analysis that goes with their use. They’re just repeated mindlessly by the mindless.
There is no doubt that the labour market has been through a period of change. It was dormant for nearly two years, so it should come as no surprise that when it started up again it would behave in a less balanced way than before the pandemic. And there is no doubt that people have made different decisions over the last couple of years based on their experience during the pandemic period. That said, I have little time for anyone bemoaning the lack of talent.
Almost three quarters of a million young people are not in education, employment or training (NEET), around 350,000 people of working age with a disability are unemployed, single parents are twice as likely as unemployed as those in a couple, refugee unemployment rates are up to three times the national average, and only 25% of men and 20% of women leave the criminal justice system with any type of employment.
The idea that in all of these groups, in all these statistics there is a void of talent – well frankly it simply doesn’t add up. And whilst I know it is hard and I know it is unusual, as leaders of organisations we cannot overlook the opportunity that exists to create meaningful work for people and to mitigate the risk of the skills shortages we have created for ourselves through a lack of strategic workforce planning.
This isn’t about corporate responsibility, or employability programmes, whilst neither are among in and amongst themselves. This is about the search for talent and about the performance and productivity of our organisations. You can read more about it here.