Talent recruitment was cited as a top priority for innovation investment among companies polled for the Transforming Business series. Focus on social injustice and racial inequity have driven new commitments to DEI. Innovation depends on talent, and also attracts it. Business decision-makers polled by Insider report that talent is a top investment priority, and also that a major benefit of digital transformation is recruiting top talent.
To drive transformation, business leaders have to source and keep the right talent, and to create a culture of innovation. The global pandemic changed, possibly for good, the way companies viewed remote work, and potential hires who might not be local. Chris Greenough, chief marketing officer at Everise, a Singapore-based company,that the pandemic had given the company access to a new range of talent.
A greater desier for flexibility has also driven hiring policy."Talent, and in particular innovators, wants to shape their work environment around their life; offering a compelling place to work sometimes requires new strategies and added flexibility to respond to the needs of our employees," said Karin Raguin, VP of talent management and corporate responsibility at LVMH."This is what creates a genuine sense of safety and belonging where innovation and creativity can flourish.
"Whether we like it or not, demand for businesses to be able to operate on multiple channels and platforms is increasing dramatically, and traditional ways of working and fulfilling demand can no longer keep up with this growth," he said, adding that upskilling is central to this."You can either follow the inevitable growth and evolution of technology or you risk becoming redundant as a business and as a professional.
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