These days, most firms see the importance of learning and development. They understand that, on a talent-tight landscape, successful people strategies don’t just consider external hires but actively promote reskilling and upskilling incumbent talent.
As Peter Cheese, CEO of CIPD, recently told CIPD’s annual conference, when it comes to acquiring skills recruitment can no longer be the sole answer. “These days it’s build, borrow, buy or bot,” he explained, referencing the increasing importance of internal training as part of the talent strategy. He also said HR needs to “think about this [skills] much more strategically” adding that any approach to talent – whether recruiting or developing – had to dovetail to the business needs.
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