Traditional human resource management relies on certain ideas about how organizations are structured and run. Usually, it’s something along the lines of “employees are hired to do a specifically defined job. They answer to managers, who, in turn, are being managed themselves, all the way to the top.” A clear, well-defined hierarchy.
But as the technology that lets us track and manage these systems changes and improves, the systems themselves can change as well, allowing for greater flexibility, adaptability and agility.
Recently, Josh Bersin has stated that Talent Marketplace Platforms Explode Into View – “Companies have been restructuring at lightning speed (driven by the Pandemic) and now, more than ever, they need an intelligent way to move the right people into the right role”. Bersin interviewed leaders from Unilever and Schneider Electric who were the pioneers to embark and implement a talent marketplace focused platform.
Talent Marketplace is an innovative new approach to HR management that completely revolutionizes the way talent is utilized within large organizations.
Because it relies on advanced computational abilities and AI, it hasn’t been seen as a viable option before, but new advances in the field are quickly turning it into an essential, mission-critical tool that is being adopted by global industry leaders.
So what is a talent marketplace?