Panel Discussion: The Rise and Reign of the Talent Marketplace

The fueling factors behind the global talent shortage are numerous. Older members of the workforce are retiring, an issue exacerbated by the COVID-19 pandemic, and younger employees may not have the skills or experience to fill those empty roles — or they may be pivoting into new careers entirely or reevaluating what they want their career journey to look like. They are also demanding more: For many employees today, flexibility in when and where they work, improved work-life balance and, importantly, opportunities for growth are not nice-to-haves — they are required to get them to stay.
As the shortage continues to loom over employers, …the digital talent marketplace market is exploding, as more and more organizations recognize that opening up internal opportunities is one of the most important steps they can take to engage their people and help them grow, as well as help the company identify skills already present among their internal talent pools. These marketplaces create more transparency and visibility into open opportunities for employees, give leaders better visibility into their labor supply, and can even reduce bias. In fact, Josh Bersin has called talent marketplaces “one of the most successful innovations in HR.” And the systems are expanding in their capabilities, with a whole new market of data-driven, artificial intelligence-enabled systems built to grow continuously smarter as people take on new projects and roles within their organizations. Join us for this conversation as we dive into how the talent marketplace is evolving, how organizations are using these powerful platforms to facilitate ongoing learning and equip employees with the skills and competencies needed for the future, and what lies ahead in this booming space.