<h1>We are the house of global<br>tech recruitment</h1>
<p>Lorien is a digital, transformation and technology recruitment specialist. We work with clients of all sectors, sizes, and tech needs–from digital giants to tech-enabled businesses–to attract and retain top talent around the world. Through our network of specialists, we combine deep tech sector expertise with the scope, depth, and breadth of large-scale talent solutions, giving our clients the confidence and the agility to compete in the digital age.</p>

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<h3>What Tech Candidates Want 2024</h3><p>Fill out the form below to gain exclusive access to the report.</p>

   <h1>What are the 3 C’s of Talent Management?</h1>             <p>               The "3 C’s" of talent management—Competence, Commitment, and               Culture—are the foundational elements that drive a successful               talent management strategy:               <ol start="1"  type="1">                 <li>                   <strong>Competence:</strong> Employees need to have the right                   skills, knowledge, and abilities to perform their roles                   effectively. By offering continuous learning, professional                   development opportunities, and the necessary resources,                   organizations help employees build and maintain their                   competence.                 </li>                 <li>                   <strong>Commitment: </strong> Building employee commitment is                   crucial for long-term retention and engagement. Organizations                   foster commitment by valuing employees, supporting their                   growth, and aligning their goals with the company’s mission.                 </li>                 <li>                   <strong>Culture:</strong>A strong organizational culture binds                   the team together and shapes how employees interact, make                   decisions, and perceive their roles. By creating a positive,                   inclusive culture, organizations attract top talent, boost                   employee satisfaction, and encourage collaboration and                   innovation.                 </li>               </ol>             </p>             <h1>What is the process of talent management?</h1>             <p>               The talent management process is about aligning your               organization’s human capital with your business goals, ensuring               that the right people are in the right roles at the right time.               Key components of a talent management process include workforce               planning, talent acquisition, onboarding, learning and               development, performance management, succession planning, and               retention strategies.             </p>             <h2>What is a great talent management process?</h2>             <p>               A great talent management process involves a strategic and               comprehensive approach to managing the entire employee lifecycle.               It starts with identifying the organization's talent needs and               continues through recruitment, development, performance               management, and succession planning. Effective talent management               addresses immediate staffing needs and prepares your organization               for future challenges by fostering a culture of continuous               improvement and growth. A great talent management process takes an               integrated, ongoing approach rather than a series of isolated               activities, creating a sustainable competitive advantage through               their people.             </p>

  <h1>What are the 5 C’s of Talent Management?</h1>             <p>               The five C’s of talent management provide a comprehensive               framework for building and sustaining a strong workforce,               particularly in the tech industry. These elements focus on               different aspects of managing talent, each playing a critical role               in achieving organizational success.               <ol start="1" type="1">                 <li>                   <strong> Culture:</strong> A strong organizational culture                   sets the tone for how employees interact, collaborate, and                   grow within the company. By cultivating a positive, inclusive                   culture, companies create an environment where innovation and                   creativity thrive.                 </li>                 <li>                   <strong>Competence: </strong> Developing and maintaining                   competence is essential for a workforce that can meet current                   and future challenges. Investing in employee training and                   development helps tech companies stay competitive by equipping                   their teams with the latest skills and knowledge.                 </li>                 <li>                   <strong> Compensation:</strong>Fair and competitive                   compensation is a key motivator for attracting and retaining                   top talent. In the tech industry, where skilled professionals                   are in high demand, offering attractive compensation packages                   is crucial.                 </li>                 <li>                   <strong> Career Development</strong>Supporting employees in                   their career growth leads to greater job satisfaction and                   loyalty. By providing clear paths for advancement, companies                   can keep their talent engaged and committed to long-term                   success.                 </li>                 <li>                   <strong> Communication</strong>Open and effective                   communication fosters trust and alignment within the                   organization. When employees understand the company’s vision                   and their role in it, they are more likely to contribute                   positively to its goals.                 </li>               </ol>               These five components of talent management work together to create               a cohesive strategy that drives business success. By focusing on               these areas, tech companies can build a resilient and innovative               workforce.             </p>             <h1>What Are the 5 Stages of the Talent Management Model?</h1>             <p>               The talent management model provides a structured approach to               managing the entire lifecycle of employees within an organization.               It’s a comprehensive framework that guides companies in               identifying, nurturing, and retaining the talent that drives               business success. By following this model, organizations can align               their workforce strategies with their overall business objectives,               creating a cohesive plan that supports both current and future               needs.             </p>             <p>               The model typically includes five main stages: attracting talent,               recruiting and selecting talent, onboarding and integrating new               hires, developing employees, and retaining talent. Each stage               plays a critical role in building a workforce that is not only               capable but also engaged and committed to the company’s mission.               This approach helps companies create a dynamic and resilient team               that can adapt to changing business environments and sustain               long-term growth.             </p>             <h1>What Are Talent Management Processes?</h1>             <p>               Talent management processes are the specific actions and               strategies that organizations implement to manage their workforce               effectively. These processes are designed to cover every aspect of               the employee lifecycle, from recruitment to retention to               offboarding, and everything in between. In the tech industry,               where the demand for skilled talent is high and the pace of change               is rapid, having well-defined talent management processes is               essential for maintaining a competitive edge             </p>             <p>               These processes involve a variety of activities, including               identifying skill gaps, sourcing and hiring talent, providing               training and development opportunities, and implementing               performance management systems. By systematically managing these               processes, companies can create a talent management system that               aligns with their strategic goals and drives business success.             </p>

   <h1>What are the 5 core functions of talent management?</h1>              <ol start="1" type="1">               <li>                 <strong>Workforce Planning and Analysis:</strong> Organizations                 forecast future talent needs by analyzing their strategic                 objectives. They evaluate current workforce capabilities and                 identify gaps that must be filled to support growth and                 innovation.               </li>               <li>                 <strong>Talent Acquisition and Recruitment:</strong> Acquiring                 the right talent is essential. Companies attract, source, and                 select candidates who meet both the technical requirements of                 the job and fit well with the company culture.               </li>               <li>                 <strong>Learning and Development: </strong>Organizations ensure                 continuous learning to keep their workforce agile and                 competitive. They provide training programs, leadership                 development, and upskilling initiatives to help employees grow                 and prepare for future challenges.               </li>               <li>                 <strong>Performance Management:</strong> Companies align                 individual contributions with their strategic goals through                 effective performance management systems. They set clear                 expectations, offer regular feedback, and recognize achievements                 to maintain high levels of engagement and productivity.               </li>               <li>                 <strong>Succession Planning and Career Development:</strong>{" "}                 Organizations prepare for future leadership needs by identifying                 and developing internal talent for key roles. They also provide                 clear career paths to help employees advance within the company.               </li>             </ol>

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<h1>Talent Management Strategy</h1>
<p>An organization&rsquo;s ability to attract and retain high-quality employees can be the X-factor in achieving success. It&rsquo;s not just about finding people to fill roles&mdash;companies are often looking for specific skill sets and experience levels, which makes it more difficult&mdash;yet all the more important&mdash;to create a highly-qualified workforce. This underscores the importance of talent management and implementing a successful talent management strategy&mdash;whether that means adding new employees on a permanent basis, a contingency basis, or a combination of the two.</p>
<p>Let&rsquo;s back up a bit. What is talent management? According to <a href="{" target="_blank" rel="noopener">McKinsey </a> , it &ldquo;includes all the ways that organizations bring employees on board, keep them happy and productive, and help them continue to develop their skills over time.&rdquo; In other words, the scope of talent management touches virtually every stage of the employee lifecycle&mdash;including talent acquisition, development, and retention&mdash;making it important to create a comprehensive strategy. Additional components include strategies for recruitment, onboarding, performance management, development, and succession planning. That way, your company can find the right talent at the right time and achieve positive business outcomes.</p>

<h1>About Us</h1><p>Lorien is an award-winning digital, transformation and technology recruitment specialist with over 45 years' experience in the industry. Driven by both clients and candidates, with locations over Europe and the US, we pride ourselves on offering an innovative service for all sectors, sizes, and needs.</p>

<h2>Insights&nbsp;</h2><p style="text-align: left;"><strong>We believe in the power of technology; that&rsquo;s why we keep up to date with tech advancements and the latest trends to provide regular market insight to our clients and candidates.</strong></p>

<h1>Read our insights</h1><p>We are always learning, adapting, and educating.</p>

<h2>Latest Salary Survey</h2><p>Fill out the form below to gain exclusive access to the 2023 Salary Survey results!</p>

<div class="OutlineElement Ltr SCXW159907679 BCX8"><h1 class="Paragraph SCXW159907679 BCX8"><span class="TextRun SCXW159907679 BCX8" lang="EN-AU" xml:lang="EN-AU" data-contrast="auto"><span class="NormalTextRun SCXW159907679 BCX8">Contractor</span> <span class="NormalTextRun SCXW159907679 BCX8">Support</span></span><span class="EOP SCXW159907679 BCX8" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></h1></div><div class="OutlineElement Ltr SCXW159907679 BCX8"><p class="Paragraph SCXW159907679 BCX8"><span class="TextRun SCXW159907679 BCX8" lang="EN-AU" xml:lang="EN-AU" data-contrast="auto"><span class="NormalTextRun SCXW159907679 BCX8">Your success is our priority. </span><span class="NormalTextRun SCXW159907679 BCX8">That&rsquo;s</span><span class="NormalTextRun SCXW159907679 BCX8"> why </span><span class="NormalTextRun SCXW159907679 BCX8">we&rsquo;re</span><span class="NormalTextRun SCXW159907679 BCX8"> here to support you every step of the way</span> <span class="NormalTextRun SCXW159907679 BCX8">during your temporary or contract assignment with </span><span class="NormalTextRun SCXW159907679 BCX8">us.</span> </span></p><p class="Paragraph SCXW159907679 BCX8"><span class="TextRun SCXW159907679 BCX8" lang="EN-AU" xml:lang="EN-AU" data-contrast="auto"><span class="NormalTextRun SCXW159907679 BCX8">W</span><span class="NormalTextRun SCXW159907679 BCX8">e look after the </span><span class="NormalTextRun SCXW159907679 BCX8">admin</span><span class="NormalTextRun SCXW159907679 BCX8"> and compliance, </span><span class="NormalTextRun SCXW159907679 BCX8">so you can focus on your </span><span class="NormalTextRun SCXW159907679 BCX8">work</span><span class="NormalTextRun SCXW159907679 BCX8"> with the confidence </span><span class="NormalTextRun SCXW159907679 BCX8">you&rsquo;ll</span><span class="NormalTextRun SCXW159907679 BCX8"> be paid accurately and on time</span><span class="NormalTextRun SCXW159907679 BCX8">. </span><span class="NormalTextRun SCXW159907679 BCX8">To l</span><span class="NormalTextRun SCXW159907679 BCX8">earn more about</span> <span class="NormalTextRun SCXW159907679 BCX8">working with us</span><span class="NormalTextRun SCXW159907679 BCX8">, </span><span class="NormalTextRun SCXW159907679 BCX8">please</span> <span class="NormalTextRun SCXW159907679 BCX8">contact our </span><span class="NormalTextRun SCXW159907679 BCX8">Lorien</span> <span class="NormalTextRun CommentStart CommentHighlightPipeRestV2 CommentHighlightRest SCXW159907679 BCX8">Contractor</span> <span class="NormalTextRun CommentHighlightRest SCXW159907679 BCX8">Support </span><span class="NormalTextRun CommentHighlightRest SCXW159907679 BCX8">T</span><span class="NormalTextRun CommentHighlightRest SCXW159907679 BCX8">eam</span><span class="NormalTextRun CommentHighlightPipeRestV2 SCXW159907679 BCX8">.</span></span><span class="EOP SCXW159907679 BCX8" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p></div>

<h2 class="MsoNormal">Get in Touch!</h2><p class="MsoNormal">Unresolved query? Let us help. Get in touch with the Lorien Contractor Support Team to find answers quickly, from information on payments to how to submit your timesheets. No matter how big or small the question, no matter how new or experienced you are to the world of contracting, we'll do our best to give you up-to-date, informed, and helpful answers about working through Lorien as a contractor.</p><p class="MsoNormal">&nbsp;</p><h4 class="MsoNormal">Our hotline is:</h4><p class="MsoNormal">Contractor Support Team<br><a href="mailto:contractorsapac@lorienglobal.com">contractorsapac@lorienglobal.com</a><br>1800 314 783</p>

<p><span class="TextRun SCXW16527483 BCX8" lang="EN-AU" xml:lang="EN-AU" data-contrast="auto"><span class="NormalTextRun SCXW16527483 BCX8">For all other enquiries, please complete our form or reach out to us on </span><a href="1800314783">1800 314 783</a><span class="NormalTextRun SCXW16527483 BCX8">.</span></span><span class="EOP SCXW16527483 BCX8" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p>

<h2>Our Recruitment Expertise - Specialist Markets</h2><p>Helping you to find a foothold in some of the toughest tech markets out there, our Specialist Markets solutions are the definition of expert-led.</p>

<h2>Our Insights | News, Events &amp; Case Studies</h2><p>We believe in the power of technology; that&rsquo;s why we keep up to date with tech advancements and the latest trends to provide regular market insight to our clients and candidates.</p><p>We are always learning, adapting, and educating.&nbsp;</p>

<h1>Business Solutions</h1><p>Our business solutions are shaped to meet your needs and goals, with the agility to adapt as you grow. Covering all technology verticals, from entry-level to c-suite, with solutions from one-off hires to full enterprise models, we specialise in bringing expert talent solutions across the full digital spectrum.</p>

<h2>Drive better workforce performance</h2><p>Book a call with us and find out how we can help you and your team achieve greater heights.</p>

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<h1>Candidate FAQ</h1><p>Are you a candidate and have a question for us? Check below for our frequently asked questions for our top candidate enquiries to streamline the job application process for all candidates. From application updates to locked accounts, you can find your answer here.</p>

<h1>What Are the Common Approaches to Sourcing Talent in Tech?</h1>
<p>Depending on the organization&rsquo;s current needs and both short- and long-term strategic priorities, they may opt for permanent or contingent solutions&mdash;or a combination of both. How do you know which is right for your organization? Let&rsquo;s take a closer look at each of these segments that define traditional talent management approaches.</p>
<ul>
<li><strong>Permanent workers</strong> are employed on a long-term, often salaried basis&mdash;the traditional or go-to approach for most companies. They are typically entitled to employee benefits (like PTO and retirement benefits), and contribute to the overall organizational culture.</li>
<li><strong>Contingent workers</strong> are not usually considered &ldquo;employees&rdquo; of the company in the same way permanent workers are, yet their contributions can be just as vital to the success of the organization. They can be brought on to work on specific projects, offering support to your permanent workers.</li>
</ul>
<p>As you can imagine, for many companies, the best results come from combining these two approaches. By doing so, employers benefit from maximum flexibility, as well as an improved ability to optimize hiring budgets and get crucial roles filled with qualified talent. This is especially true for tech companies, which often have a balance of long-term employees and project-specific teams of contingent workers.{" "}</p>
<p>&nbsp;</p>
<p><strong> No matter where you&rsquo;re at in the process of talent management and strategy development, </strong>{" "} <a href="/us">Lorien is ready to help</a> . Whether you&rsquo;re working to assess your needs, or you&rsquo;re looking for the best talent to fill one or more specific roles, we can provide you with the insights you need to make the best possible staffing decisions for your organization.</p>
<p>Once you&rsquo;re familiar with the fundamentals of talent management, you&rsquo;re ready to start thinking through what an effective talent management framework looks like for your organization. Then, you can develop and fine-tune specific staffing strategies in response to the needs of the business.</p>

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<h1>What Are the 7 Components of the Talent Management Process?</h1>
<p>While every organization&rsquo;s talent management framework should be tailored to their particular needs and priorities, there are seven components that the most successful frameworks are built around:</p>
<ul>
<li><strong>Talent Acquisition:&nbsp;</strong>Determining personnel needs and developing a strategy for bringing the right talent into the organization.</li>
<li><strong>Employee Experience:</strong> Ensuring that new hires feel welcome, included, and set up for success.</li>
<li><strong>Performance Management:</strong> Developing a framework for incentivizing and improving employee performance throughout the organization.</li>
<li><strong>Change Management:</strong> Helping the organization to navigate change through effective communication and employee empowerment.</li>
<li><strong>Learning &amp; Development:</strong>Investing in employee growth by offering meaningful opportunities to develop new skills and grow professionally.</li>
<li><strong>Organizational Design:</strong> Aligning talent management strategies with the short- and long-term priorities of the organization in order to increase efficiency.</li>
<li><strong>Succession Management:</strong>Creating a framework to identify and encourage internal candidates to fill current vacancies, as well as those that emerge over time.</li>
</ul>
<p>In addition to the seven talent management framework elements listed above, the most effective talent management strategies are those that best understand the talent management life cycle. When developing a strategy, be sure to take concrete and data-driven steps to enhance the ability to attract and retain the best talent by optimizing each step of the talent management life cycle.</p>
<p>&nbsp;</p>

<h2>Do you work for Lorien?&nbsp;</h2><p><span style="mso-fareast-font-family: 'Times New Roman';">If you are a contractor working for Lorien and have a question about your assignment, payment or timesheet, then please contact the Ask team at <a href="mailto:ask@impellam.com">ask@impellam.com</a> or phone <a href="tel:03333 23 24 50">03333 23 24 50</a>.</span></p><p>&nbsp;</p><h2>General Enquiries&nbsp;</h2><p><span style="mso-fareast-font-family: 'Times New Roman';">For General Enquiries, please contact the relevant branch below.</span></p>

<h3>Send Us Your CV/Resume</h3><p>With a strong focus on learning and development and a culture that encourages you to spread your wings, we&rsquo;re all about giving people the room to try new things and thrive in a role they really enjoy. Join somewhere you can be yourself, be your best, and be part of something special. Join Lorien today.</p>

<h5>Submit your CV/Resume</h5><p><span style="color: rgb(43, 42, 41); background-color: rgb(255, 255, 255);">As a fast-growing business, we have some big opportunities for the year ahead &ndash; will you join our journey?</span></p>

<h2>Get in Touch</h2><p>Are you looking for talent to transform your business? Or are you looking to take the next step in your tech career?</p><p>Whatever your ambition, we&rsquo;ve got the experience and expertise to get you there.&nbsp;</p><p>Register your resume and job preferences with our team to start your new career journey or search current vacancies.</p><p>We&rsquo;re more than happy to help with any questions.</p>

What are the benefits to Contract &amp; Permanent Recruitment?

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<p>A brief description of what we can help our clients achieve</p>

<h2>Get in Touch!</h2><p>Unresolved query? Let us help. Get in touch with the Lorien Contractor and Candidate Support Team to find answers quickly, from information on payments to how to submit your timesheets. No matter how big or small the question, no matter how new or experienced you are to the world of contracting, we'll do our best to give you up-to-date, informed, and helpful answers about working through Lorien as a contractor.</p><p>&nbsp;</p><h5>Our hotlines are:</h5>

<p>For all other enquiries, please complete our form or reach out to us on <span style="font-size: 11.0pt; line-height: 107%; font-family: 'Calibri',sans-serif; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-ansi-language: EN-GB; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">0<span style="color: black; background: white;">207 654 1000.</span></span></p>

<h2>Contractor Portal</h2><p>The Contractor Portal is your single repository for logging timesheets and raising invoices.</p>

<h2>Ask David - Lorien's Managing Director</h2><p>At Lorien, we put people first. Building trust through genuine, honest relationships is one of our core values and underpins everything we do. Ask David is all about resolving problems quickly, helpfully and at the source.</p><p>If you&rsquo;re a current contractor at Lorien with a question, concern or request, then get in touch with Lorien's Managing Director, David Gettins With more than 20 years&rsquo; experience in recruitment at all levels and operations, David can provide expert guidance and support on almost any recruitment-related subject (and if he can&rsquo;t, he&rsquo;ll put you in touch with someone who can).</p>

<h1>Contractors</h1><p>Your success is our priority. That’s why we’re here to support you every step of the way in your contract career. We want to make sure we really get to know you and your goals - so you'll be appointed a dedicated tech recruitment specialist to find the contract opportunities suited to you. Learn more about how to kick-start your new contract career.</p>

<h2>Our CSR Partners</h2><p>We’re determined to build a better future for everyone. In 2022 Lorien, alongside sister brands SRG and Carbon60, appointed Chris Blackburn as our Head of CSR. Chris is helping us find ways to give back to our local community and to solve key issues our world faces – such as STEM skill shortages, equal opportunities, and access to resources.&nbsp;</p><p>We’re working with a number of partners to help us achieve this, including MAMA.codes, Lucy Air Ambulance for Children and TechGirls. Find out more about these amazing businesses and charities below.</p>

<p>For all other enquiries, please complete our form or reach out to us on <a href="tel:02039109446" rel="noopener noreferrer" target="_blank">02039109446</a>.</p>

<p>We believe in supporting the STEM industry to tackle the skills shortage, creating equal opportunities and access to resources. Lorien is a leader in technology and digital recruitment, and as part of the Impellam Group, we work closely with our sister brands, SRG (a specialist scientific recruitment business), and Carbon60 (engineering recruitment), to facilitate the whole STEM sector.</p>

<h2>Ask David</h2><p>At Lorien, we put people first. Building trust through genuine, honest relationships is one of our core values and underpins everything we do. Ask David is all about resolving problems quickly, helpfully and at the source.</p><p>As a concept, it’s simple: if you’re a current contractor at Lorien with a question, concern or request, then get in touch using the below contact form and David will respond directly to you himself within 24 hours. With more than 20 years’ experience in recruitment at all levels and operations, David can provide expert guidance and support on almost any recruitment-related subject (and if he can’t, he’ll put you in touch with someone who can).</p>

<h1>CSR &amp; Partnerships</h1><p>Lorien's purpose is to unlock untapped potential in people, enhance ways of working, and give back to the local community. We&rsquo;re determined to build a better future for everyone and work towards solving the key issues our world faces.</p>

<h2>Discover more_</h2><p><span style="background-color: rgb(255, 255, 255);">With insight across the whole of Lorien, we’ll keep you ahead of the curve. Get in touch with our team today. </span></p>

<h2>Latest Salary Survey</h2><p>Fill out the form below to gain exclusive access to the 2023 Salary Survey results. </p>

    <h1>What Is an Example of a Talent Strategy Framework?</h1>             <p>               One practical example of a talent strategy framework is the 9-cell               matrix for talent management. This well-known talent management               framework that{" "}               <span>                 <a                   href={                     "https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-talent-management"                   }                   target="_blank"                 >                   McKinsey                 </a>               </span>{" "}               promotes allows companies to identify high-potential employees,               plan for their development, and align their growth with the               company’s future needs. The 9-cell matrix is a tool used to               evaluate and categorize employees based on their performance and               potential. This matrix divides employees into nine categories,               allowing you to identify top performers, those with high               potential, and areas where improvement is needed.             </p>             <p>               High performers with high potential might be identified for               leadership development programs, while those with lower               performance might receive targeted coaching or training. This               approach helps you make informed decisions about talent               development, succession planning, and where to focus your               resources.             </p>             <p>               You can adopt this approach internally, using the matrix to assess               and develop your team. However, many companies partner with               experts like Lorien to implement such frameworks effectively. With               our deep industry knowledge and experience, we can help you               integrate tools like the 9-cell matrix into your broader talent               strategy, ensuring you’re making the most of your workforce and               positioning your company for success.             </p>             <p>               Whether you take this approach alone or collaborate with a partner               like Lorien, leveraging a structured framework like the 9-cell               matrix will help you manage your talent more strategically and               align your workforce with your long-term business goals.             </p>

<h1>What Are Some Examples of Talent Management?</h1>             <p>               At Lorien, we understand that effective talent management requires               a diverse set of strategies tailored to meet the specific needs of               your organization. Below are some of the key services we offer               that illustrate different talent management approaches, each               designed to help tech companies build, manage, and retain a               top-tier workforce.             </p>             <ul>               <li>                 <strong>Contract & Permanent Recruitment:</strong> Whether your                 company needs short-term contractors to handle peak workloads,                 or permanent employees to drive long-term growth, Lorien’s                 recruitment services ensure you find the right talent. We                 specialize in connecting tech companies with skilled                 professionals who fit their specific needs, helping to fill                 critical roles quickly and efficiently.               </li>               <li>                 <strong> Executive Search:</strong> Leadership plays a pivotal                 role in steering your company toward success. Our Executive                 Search service focuses on identifying and recruiting top                 executives who align with your company’s culture and strategic                 objectives. We tap into our extensive network and industry                 expertise to find leaders who can drive innovation and growth                 within your organization.               </li>               <li>                 <strong>                   Managed Service Provider (MSP) & Contingent Workforce                   Solutions (CWS):                 </strong>{" "}                 Managing a contingent workforce can be complex, but our MSP and                 CWS solutions simplify the process. We take on the                 responsibility of managing your temporary workforce, from                 sourcing and onboarding to compliance and reporting. This allows                 your company to scale up or down with ease while maintaining                 control over quality and costs.               </li>               <li>                 <strong>Project Recruitment: </strong>                 When working on critical projects with tight deadlines, finding                 the right talent is essential. Lorien’s Project Recruitment                 services provide you with specialized teams that are ready to                 jump in and contribute immediately. We manage the entire                 recruitment process, so you can focus on delivering your                 projects on time and within budget.               </li>               <li>                 <strong>Recruitment Process Outsourcing (RPO): </strong>                 Outsourcing your recruitment process can free up valuable time                 and resources. Lorien’s RPO services take over your recruitment                 function, from candidate sourcing to onboarding, allowing your                 HR team to focus on strategic initiatives. We customize our                 approach to meet your specific needs, ensuring you attract and                 retain the best talent in the market.               </li>               <li>                 <strong>Services Procurement Management:</strong> For tech                 companies that rely on external vendors, managing service                 contracts can be challenging. Our Services Procurement                 Management solutions help you streamline the procurement                 process, ensuring that you engage the right suppliers and manage                 contracts effectively. We handle everything from vendor                 selection to contract negotiation, so you can focus on your core                 business activities.               </li>               <li>                 <strong>Specialist Markets:</strong> The tech industry is vast,                 and finding talent with niche skills can be difficult. Lorien                 specializes in recruiting for specialist markets, whether you                 need experts in cybersecurity, data science, or software                 development. Our deep industry knowledge and targeted approach                 help you find professionals with the specific skills your                 business requires.               </li>               <li>                 <strong>                   Statement of Work (SOW) / Managed Services Delivery:{" "}                 </strong>                 Managing projects with clear deliverables and timelines requires                 a precise approach. Our SOW and Managed Services Delivery                 solutions allow you to define project requirements and outcomes,                 while we handle the talent and execution. This service is ideal                 for companies that need to deliver complex projects without the                 hassle of managing individual resources.               </li>             </ul>             <p>               Each of these examples demonstrates how Lorien’s talent management               services can help your tech company thrive. By offering a range of               solutions tailored to your needs, we empower you to build a               workforce that drives innovation and success. <br /> To learn more               about how we can help you, explore our{" "}               <span>                 <a href="/us/business-solutions">business solutions</a>               </span>               , or{" "}               <span>                 <a href="/us/contact-us">contact us </a>               </span>{" "}               today to start a conversation.             </p>

  <h1>What Is the First Step of the Talent Management Process?</h1>             <p>               The first step of the talent management process involves deciding               how you will approach talent management within your organization.               This critical decision shapes the entire strategy that follows and               can significantly impact your success in attracting, developing,               and retaining top talent.             </p>             <p>               One of the primary talent management approaches is determining               whether to handle the process internally or to partner with an               expert like Lorien. Managing talent internally means dedicating               resources, time, and expertise to every aspect of the employee               lifecycle—from recruitment and onboarding to development and               retention. This approach can work well for companies with a robust               HR infrastructure and a deep understanding of the industry’s               specific talent needs.             </p>             <p>               However, many tech companies find that partnering with a talent               management expert like Lorien offers distinct advantages. With our               extensive experience and specialized knowledge, we help you               navigate the complexities of the talent market, ensuring that your               strategy aligns with your business goals. Whether you’re looking               to scale quickly, fill niche roles, or retain top talent in a               competitive market, we provide the support and expertise needed to               build a strong, capable workforce.             </p>             <p>               On the other hand, some companies choose a hybrid               approach—partnering with an expert like Lorien for one component               of their talent management, like an executive search or               performance management—while using their internal resources to               manage the rest of the talent management process.             </p>             <p>               Choosing the right talent management approach is the foundation of               your strategy. By making an informed decision at this stage, you               set the stage for a successful talent management process that               drives your company’s growth and innovation.             </p>

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<h1>How Do You Turn a Framework into a Strategy?</h1>
<p>Once you&rsquo;ve thought about each of the essential components, you&rsquo;re ready to start fleshing out the details, ultimately constructing your own talent management strategy framework. Knowing how to build a talent management model that works for your business probably isn&rsquo;t as difficult as you think, and it can have a giant impact on your ability to attract and retain your organization&rsquo;s most valuable talent. Next, let&rsquo;s break down the process for developing and implementing a typical talent management process, in 5 steps:</p>
<h4>Step 1: Setting/Aligning Organizational Objectives</h4>
<p>First, determine or review your strategic business priorities. That way, you can take a tactical approach to identifying and filling recruitment and staffing needs. Is now the right time to expand? What skills should we look for in potential job candidates? The more focused your priorities are, the easier it will be to develop the ideal talent strategy. Once you&rsquo;ve reviewed your priorities, you can set specific objectives and milestones. Ideally, you can work to collaborate and align with stakeholders throughout the organization, to better ensure strategic alignment throughout the process.</p>
<h4>Step 2: Forecasting/Gap Analysis</h4>
<p>Assess/audit your current employee lifecycle, paying special attention to challenges. As far as talent is concerned, where are the biggest gaps? By assessing present needs and forecasting for the short- and long-term future, you can develop a strategy that is well aligned and conducive to business objectives.</p>
<p>An important part of forecasting and gap analysis relates to the employee experience, since a positive experience has a direct correlation with employee retention. Which aspects of your current employee lifecycle are working well? Are there any blockers or persistent challenges in need of solutions? Thinking through these questions can help you zero in on the aspects of the employee lifecycle that provide the biggest opportunities for improvement.</p>
<h4>Step 3: Choosing the Right Model/Approach</h4>
<p>There&rsquo;s no &ldquo;one right way&rdquo; to approach the development of talent management strategies. Rather, these strategies should be custom-designed so they align with the priorities and objectives of the business. Start by determining whether you can address talent gaps in-house or if you should consider outsourced <a href="https://www.lorienglobal.com/us">talent acquisition solutions </a> . If you&rsquo;re going to need outside help, your next question should be whether{" "} <a href="https://www.lorienglobal.com/us/business-solutions/contract-permanent-recruitment"> full-time/permanent </a> , <a href="https://www.lorienglobal.com/us/business-solutions/project-recruitment">project-based </a> , or <a href="https://www.lorienglobal.com/us/business-solutions/msp-and-contingent-workforce-solutions">part-time/contingent </a>{" "} solutions make the most sense.</p>
<p>Consider which talent management practices will provide the biggest impact/lift, and start with those. When it comes to talent management, any improvement can provide significant advantages, and any time is a great time to start reaping the benefits. Keep in mind, too, that the best strategies should evolve as your business needs change, meaning no talent management strategy should ever be considered &ldquo;done.&rdquo;</p>
<h4>Step 4: Developing/Executing the Strategy</h4>
<p>Once you&rsquo;ve identified and prioritized your objectives and decided on a talent management approach/solution, it&rsquo;s time to start putting together the actual strategy&mdash;and putting it into action. This includes a few specific steps, like:</p>
<div>
<ul>
<li><strong>&nbsp;Conceptualizing ideal HR workflows for talent management. </strong>Streamlining existing processes and experimenting with modern tools for incorporating AI/automation are excellent ways for organizations of all sizes to take steps toward improvement. Think through each stage of the employee lifecycle and talent management framework, looking for areas that could be improved or optimized.&nbsp;</li>
<li><strong> Determining individual roles/responsibilities related to talent management strategy development and execution.&nbsp; </strong> Which teams/departments should be involved in developing the strategy, and who takes the lead? Who will direct or oversee its implementation? Based on your priorities and objectives, it&rsquo;s important to assemble the right team of stakeholders to ensure alignment.&nbsp;</li>
<li><strong> Providing meaningful training and development opportunities to empower employees and help them to grow their skill set.&nbsp; </strong> Depending on the needs of the business&mdash;and the resources available&mdash;even a little training can go a long way toward a more supportive and inclusive workplace. Upskilling existing employees doesn&rsquo;t just improve employee engagement, it&rsquo;s also much more cost-effective than recruiting and bringing new talent on board.&nbsp;</li>
</ul>
</div>
<h4>Step 5. Establishing Accountability Measures/Metrics</h4>
<p>How do you know if your strategy is working? You&rsquo;ll want to start by revisiting your strategic objectives. Ideally, you&rsquo;ve set specific and measurable objectives&mdash;like increasing headcount by 10% by the end of the quarter&mdash;so it&rsquo;s relatively easy to define success.&nbsp;</p>
<p>On a point by point basis, determine what strategies or strategy components have been effective, and which have not been as successful. There are a number of worthwhile indicators to consider when setting or evaluating objectives, such as turnover rates, productivity metrics, and employee engagement scores.</p>

        <h1>What Does a Good Talent Strategy Look Like?</h1>             <p>               A good talent strategy is tailored to your organization’s needs,               goals, and challenges. It’s not a one-size-fits-all solution, but               a customized plan that aligns your workforce with your company’s               long-term objectives. In the fast-paced tech industry, where the               right talent can make or break your success, having a well-defined               talent strategy is crucial.             </p>             <p>               Talent strategy examples vary depending on the unique requirements               of each business. For some companies, the focus might be on               aggressive recruitment to quickly scale up operations. For others,               it might involve developing existing employees to fill critical               roles or building a culture of continuous learning and innovation.               What’s important is that your strategy directly supports your               business goals and is flexible enough to adapt as those goals               evolve.             </p>             <p>               A talent strategy company like Lorien can help you craft a               strategy that goes beyond generic solutions. We understand that               using a talent strategy framework template can be tempting, but               it’s not the best approach. A pre-made template might not consider               the nuances of your industry, the specific skills you need, or the               culture you want to build. Instead of relying on a               one-size-fits-all template, we work with you to create a strategy               that’s as unique as your business.             </p>             <p>               By partnering with a talent strategy company, you gain access to               expertise and insights that help you design a strategy tailored to               your needs. Whether you need to attract top-tier talent, develop               your existing workforce, or plan for future growth, a customized               approach will give you the competitive edge you need to thrive. At               Lorien, we help you build a talent strategy that’s both effective               and adaptable, ensuring your company is well-positioned for               success in the ever-evolving tech industry.             </p>             <h1>What Is Your Talent Strategy?</h1>             <p>               At Lorien, we believe that your talent strategy should be as               dynamic and forward-thinking as your business. A well-crafted               strategy aligns your workforce with your company’s goals, drives               innovation, and positions you for long-term success. Whether               you’re looking to attract top talent, develop the skills of your               current team, or prepare for future growth, your strategy needs to               be tailored to your unique needs and challenges.             </p>             <p>               We work closely with you to design a talent strategy that’s more               than just a plan—it’s a roadmap to success. By leveraging our               industry expertise and deep understanding of the tech landscape,               we help you build a strategy that supports your vision and adapts               as your business evolves. From identifying the right talent to               creating development programs that keep your team engaged and               competitive, we’re here to support you every step of the way.             </p>             <p>               Let’s create a talent strategy that’s built for your business.               <span>                 <a href="/us/contact-us">Contact us</a>               </span>{" "}               today to learn how Lorien can help you develop a customized               approach that drives growth, innovation, and long-term success.               Your future starts with the right strategy—let’s build it               together.             </p>

 <h1>               What does a good talent strategy look like for the tech industry?             </h1>             <p>               A strong talent strategy in the tech industry starts with               understanding the unique challenges of the field. The competition               for skilled professionals is intense, and the rapid pace of               technological change means that today’s in-demand skills might               become obsolete tomorrow.             </p>             <p>               In tech, where innovation drives success, companies must attract               and retain talent that can keep up with these rapid advancements.               A well-rounded strategy will not only focus on hiring the right               people but also on nurturing their growth and equipping them with               the tools to thrive in a constantly evolving environment. This               includes offering opportunities for continuous learning, fostering               a culture that encourages creativity and problem-solving, and               providing clear pathways for career progression.             </p>             <p>               Talent management strategy examples in the tech industry often               include a mix of innovative recruitment practices—it doesn’t have               to be a solitary effort! Many tech companies benefit from               partnering with experts like Lorien, a company that understands               the unique nuances of the industry. Rather than relying on a               generic talent strategy template, companies like Lorien can craft               a talent strategy tailored specifically to your company, providing               guidance on everything from innovative recruitment techniques to               employee retention strategies.             </p>             <p>               One significant advantage of working with Lorien is access to               extensive talent pools and specialized communities. By tapping               into these networks, tech companies can reach highly skilled               candidates who may not be accessible through traditional channels.               This access, combined with Lorien’s industry expertise, helps               build a more effective and resilient talent strategy, ensuring               your company remains competitive and innovative in the fast-paced               tech landscape.             </p>

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<h1>We are the house of global tech recruitment</h1><p>Lorien is an award winning digital, transformation and technology recruitment specialist. With over 45 years' experience, we work with clients of all sectors, sizes, and tech needs–from digital giants to tech-enabled businesses–to attract and retain top talent around the world. Through our network of specialists, we combine deep tech sector expertise with the scope, depth, and breadth of large-scale talent solutions, giving our clients the confidence and the agility to compete in the digital age.</p>

 <h1>               How to create an effective talent management strategy for your               tech company             </h1>             <p>               At Lorien, we understand that creating an effective talent               management strategy for your tech company requires more than just               a checklist—it demands a tailored approach that addresses your               unique challenges and goals. We work closely with you to develop a               strategy that aligns with your business objectives, attracts top               talent, and fosters a culture of continuous growth and innovation.             </p>             <p>               We start by conducting a thorough analysis of your current               workforce and identifying gaps in skills and capabilities. From               there, we help you design a talent management framework that               covers every aspect of the employee lifecycle—from recruitment and               onboarding to performance management and succession planning. Our               expertise in the tech industry means we know how to find the right               talent, develop their potential, and keep them engaged in a               fast-paced, ever-evolving environment.             </p>             <p>               But we don’t stop at strategy development. We partner with you               every step of the way to implement and refine your talent               management processes, ensuring that they remain aligned with your               company’s evolving needs. Whether you’re scaling up quickly or               navigating the complexities of new technologies, we provide the               support and expertise needed to turn your talent strategy into a               powerful driver of business success.             </p>             <p>               Ready to build a talent management strategy that propels your tech               company forward?{" "}               <span>                 <a href="/contact-us" target="_blank">Contact us today</a>               </span>{" "}               to learn how Lorien can help you achieve your goals.             </p>

<h1>How Do You Write a Talent Management Strategy?</h1>
<p>When it comes to the question of how to formulate a talent management strategy capable of achieving key objectives, what works perfectly for one company may not meet the needs of another. That&rsquo;s why it&rsquo;s so important for companies to develop their own specific strategies, and to revisit and strengthen them over time.</p>
<p>There are several steps involved in developing a talent management strategy and putting it into practice, including a number of what amount to must-have inclusions. Let&rsquo;s start with the latter point, and what your talent management strategy should include or account for&mdash;and then we&rsquo;ll move on to the actual strategy development points.</p>
<h1>What Is Included in a Talent Strategy Framework?</h1>
<p>The most successful talent management strategies are those that bridge the gap between organizational strategy and measurable results.</p>
<p>They&rsquo;re also custom-designed to achieve specific objectives or overcome specific challenges, and yet agile enough to be modified and adjusted as needed. Despite the amount of variation between different organizations&rsquo; talent strategies, we can still identify some key inclusions that every strategy should address.</p>
<p>Organizations like Gartner have determined the key factors the most effective strategies have in common, for example, even creating a talent management strategy template you can <a href="https://www.gartner.com/en/human-resources/trends/talent-management-strategy-template">download</a>&nbsp;from their website. It outlines seven vital components of talent management:</p>
<ol start="1" type="1">
<li><strong>Talent Acquisition:&nbsp;</strong>Finding the right talent for achieving positive organizational outcomes</li>
<li><strong>Employee Experience:</strong> Creating an inclusive and productive workplace where employees can thrive.&nbsp;</li>
<li><strong>Performance Management:</strong> Developing a framework for assessing employee performance and incentivizing growth.&nbsp;</li>
<li><strong>Change Management:</strong> Maintaining effective communication and principles of employee empowerment during times of transition.&nbsp;</li>
<li><strong>Learning &amp; Development:</strong> Prioritizing employee empowerment and providing meaningful opportunities to upskill and advance.&nbsp;</li>
<li><strong>Organizational Design:</strong> Increasing efficiency by aligning the talent management strategy to specific business needs, initiatives, and priorities.&nbsp;</li>
<li><strong>Succession Management:</strong> Developing a framework for identifying internal candidates to fill current and future positions.&nbsp;</li>
</ol>
<p>While you may work from a template or sample process, each organization's talent management strategy should be unique&mdash;to that business and to its most pressing objectives. Additional elements often include activities related to workforce planning, employee retention, diversity and inclusion initiatives, and even compensation and benefits.&nbsp;</p>

<h1>Importance of Talent Management</h1>
<p>Without the right talent in place, an organization&rsquo;s ability to meet its objectives is severely limited. Learn why talent management is so important, and where to start.</p>

<h1>The Importance of Talent Management</h1>
<p>What would you say is the most difficult part about attracting and retaining high-quality talent? We would venture to guess that if we were to ask a half-dozen different companies, we might anticipate just as many different answers.</p>
<p>&nbsp;</p>
<ul>
<li>Some would quickly point to the challenges of recruiting and competing for potential talent, especially in the tech industry.</li>
<li>Others might point to difficulties related to effectively onboarding new talent or helping new members quickly feel like a valued part of the team.</li>
<li>Finally, some companies are well aware that their learning and development programs might not be up to par&mdash;while others see offboarding as the trickiest piece of the talent management puzzle.</li>
</ul>
<p>Clearly, though, there is one thing each of these talent hypotheticals has in common&mdash;each dilemma falls within the scope of talent management, and each plays a role in an effective talent management strategy. By creating strategies that align with each stage of the talent life cycle, companies can avoid many of the challenges of attracting, recruiting, and retaining the best talent available.</p>
<p>Before we get too deep into the objectives of talent management, it&rsquo;s important to define what, exactly, we&rsquo;re talking about when we use the term.</p>
<p><strong>What Is Talent Management?</strong> According to{" "} <a href="{" target="_blank" rel="noopener"> McKinsey </a> , there are five main components of talent management:</p>
<ul>
<li><strong> Identifying, hiring, and retaining the right people. </strong>{" "} The productivity gap between high-performing employees and the rest is significant, with high-performing employees being &ldquo;up to eight times more productive than others.&rdquo;</li>
<li><strong> Empowering employees to learn, grow, and thrive within their role.{" "} </strong> Encouraging employees to develop their skill set not only empowers them, it also demonstrates that the organization values its employees and wants them to be successful.</li>
<li><strong> Providing meaningful incentives around employee performance and productivity. </strong>{" "} Incentivizing performance is far from a new concept, but not every organization understands how to motivate their employees in meaningful ways. By tracking the right metrics and helping employees understand what matters most, you can start building a culture that champions improvement.</li>
<li><strong> Understanding and optimizing the employee experience. </strong>{" "} It&rsquo;s difficult to overstate the impact a positive employee experience&mdash;one where employees feel understood, valued, and supported&mdash;can have on an organization&rsquo;s ability to retain their highest-performing talent.</li>
<li><strong>Optimizing workforce planning strategies</strong>{" "} Especially in tech, the most in-demand skills can quickly change, so companies shouldn&rsquo;t be hesitant to adjust or refocus their strategy as an organization&rsquo;s needs inevitably evolve over time.</li>
</ul>
<p>As McKinsey notes, establishing a &ldquo;talent-first culture&rdquo; can help virtually any company to &ldquo;improve organizational performance and potentially gain a competitive advantage.&rdquo; (You can learn more about this by reading the{" "} <a href="https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-talent-management"> full article </a> .)</p>
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  <h1>What Are the Pillars of Talent Strategy?</h1>             <p>               A solid talent strategy stands on several key pillars, each               essential to building a strong and effective team:               <ol start="1" type="1">                 <li>                   <strong>Workforce Planning: </strong>Analyze your current                   workforce and predict future needs based on your business                   goals. Effective workforce planning includes understanding the                   skills required and planning how to acquire or develop them.                 </li>                 <li>                   <strong>Talent Acquisition:</strong> Attract the right talent                   to your organization by focusing on sourcing, recruiting, and                   hiring individuals who possess the necessary skills and align                   with your company culture.                 </li>                 <li>                   <strong>Employee Development:</strong> Invest in continuous                   development to keep your team engaged and growing, including                   training programs, mentorship, and opportunities for career                   advancement.                 </li>                 <li>                   <strong>Performance Management:</strong> Regularly assess and                   manage employee performance to keep everyone aligned with your                   business goals. Set clear expectations, provide feedback, and                   recognize achievements to drive continuous improvement.                 </li>                 <li>                   <strong>Retention and Succession Planning:</strong> Focus on                   retaining top talent and planning for future leadership needs.                   Create an environment where employees want to stay and grow,                   ensuring a smooth transition when leadership changes occur.                 </li>               </ol>               These pillars work together to create a talent strategy that               drives business success and supports long-term growth.             </p>             <h3>               What Is the Difference Between HR Strategy and Talent Strategy?             </h3>             <p>               HR and talent strategy serve distinct purposes within an               organization, yet they often overlap. HR strategy covers the               broader management of human resources, including compliance with               labor laws, managing benefits, handling payroll, and maintaining               workplace safety. The framework governs how your organization               manages its people on an operational level.             </p>             <p>               Talent strategy, on the other hand, takes a more focused approach.               It zeroes in on how your organization attracts, develops, and               retains the talent crucial for achieving business goals. While HR               strategy handles the day-to-day management of employees, talent               strategy is about building a workforce that aligns with your               company’s long-term vision and drives its success.             </p>             <p>               In short, HR strategy manages the "how" of employee relations and               operations, while talent strategy focuses on the "who" and               "why"—who you need on your team and why they are essential to your               company’s future.             </p>

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<h2>Featured Podcasts</h2><p>Our People Make The Difference podcast is led by Darren Topping, Lorien’s Director of Solutions and Insights, and features industry leaders from recruitment and tech industries, such as Cambridge Spark, Freeman Clarke and Balfour Beatty.</p><p>Our podcast covers a wide range of topics spanning the entirety of technology, talent acquisition, and retention, whilst offering unique insights into the recruitment industry. With a new guest each episode, every listen offers a chance to learn something new that you can take away and action within your organisation.</p>

<h2>Listen to our latest podcasts</h2><p>People Make the Difference - The Lorien Podcast.</p>

<h1>Podcasts</h1><p>People Make The Difference - The Lorien Podcast.</p>

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<h1>Lorien: Providing Custom Human Capital Solutions to Meet Your Needs</h1>
<p>The end-to-end process of talent management strategy development might sound like a lot for one individual or department to keep track of&mdash;yet each step plays a vital role in an organization&rsquo;s ability to meet its staffing challenges in the most efficient and cost-effective ways. Fortunately, expert help is available! At Lorien, we provide a variety of dynamic workforce solutions, all developed to help tech companies find the talent they need, when they need it.</p>
<p>Our workforce solutions experts are ready to collaborate with your organization to enhance its talent acquisition and recruitment capabilities with customizable and scalable workforce solutions that can grow and evolve along with your business. Learn more about all we offer by <a href="/us" target="_blank" rel="noopener">visiting our website </a>, or <a href="/us/contact-us" target="_blank" rel="noopener">reaching out to us</a> directly.</p>

<h1>What Is the Purpose (and Benefits) of a Talent Management Strategy?</h1>
<p>The primary role of a talent management strategy is to serve as a well-rounded and effective framework for identifying talent needs, attracting the right candidates, and empowering employees to thrive. In other words, optimizing the talent management process and strategy helps to ensure each stage of the talent management life cycle is considered.</p>
<p>Over time, organizations can fine-tune and adjust their strategy as needed. Taking this approach&mdash;rather than having to start from scratch every time you have roles to fill&mdash;is much more cost-effective and helps to ensure business continuity.</p>

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<h2 class="ql-align-center">Our Insights | News, Events &amp; Case Studies</h2><p>Our tech expertise and partner-led approach allows us to deliver highly successful results for our clients so they can attract and retain unique talent for their business. Explore our latest collection of case studies, news, events, and insights</p>

   <h1>What Are the Seven Steps of Talent Management?</h1>             <p>               A successful talent management strategy involves a series of               structured steps that guide the entire process from start to               finish. These talent management process steps are crucial for               building a workforce that is aligned with the company’s objectives               and capable of driving growth and innovation.             </p>             <ol start="1" type="1">               <li>                 <strong> Workforce Planning:</strong> The first step is                 understanding your current and future workforce needs. This                 involves analyzing your organization’s goals and determining the                 types of talent required to achieve them.               </li>                <li>                 <strong>Talent Acquisition: </strong>This step focuses on                 sourcing and attracting the right candidates. Using a targeted                 approach, you can identify individuals with the skills and                 potential to contribute to your company’s success.               </li>                <li>                 <strong>Recruitment and Selection: </strong> After identifying                 potential candidates, the next step is recruitment and                 selection. This involves evaluating applicants based on their                 skills, experience, and cultural fit, ensuring that you bring                 the best talent on board.               </li>                <li>                 <strong>Onboarding:</strong> Once new hires are selected,                 onboarding helps them integrate into the company. This step is                 critical for helping employees understand their roles, the                 company culture, and how they can contribute to the                 organization’s success.               </li>                <li>                 <strong>Learning and Development: </strong>Continuous                 development is key to keeping employees engaged and ensuring                 they remain competitive in their roles. This step involves                 offering training, mentoring, and career development                 opportunities.               </li>                <li>                 <strong> Performance Management:</strong> Monitoring and                 managing employee performance is essential for maintaining                 alignment with company goals. This step includes setting clear                 expectations, providing regular feedback, and recognizing                 achievements.               </li>                <li>                 <strong>Retention and Succession Planning:</strong> The final                 step focuses on retaining top talent and preparing for future                 leadership needs. This involves implementing strategies to keep                 employees engaged and committed, as well as planning for their                 long-term growth within the company.               </li>             </ol>             <p>               By following this talent management process step by step,               companies can build a robust talent management process model that               supports both immediate needs and long-term objectives. These               talent management process steps create a foundation for sustained               success in a competitive and rapidly changing industry.             </p>

<h1>What Are the 6 Core Functions of a Talent Management Strategy?</h1>
<p>The best talent management systems are tailored to the needs of the business and tend to include at least six core functions: recruitment, orientation, engagement and motivation, learning and development, retention, and offboarding and outreach. Let&rsquo;s briefly define each of these, and how each can impact an organization&rsquo;s overall talent management strategy.</p>
<ul>
<li><strong>Recruitment: </strong>The effectiveness of an organization's recruitment strategies greatly affects its ability to attract and retain great talent. Recruitment includes spreading awareness, promoting the company as an employer, and seeking out talent at job fairs or similar events. While tech recruiting can be challenging, working with a staffing partner like Lorien can have an invaluable impact.</li>
<li><strong>Onboarding/Orientation:</strong> Once a candidate accepts an offer, their onboarding and orientation process is meant to provide valuable information about the company as well as their specific role and responsibilities. This includes educating them about workplace expectations, employee benefits, and other practical matters.</li>
<li><strong>Engagement and Motivation: </strong>The onboarding and orientation process naturally leads to the next core function of talent management: engaging and motivating employees. No matter what industry they work in, people do their best work when they feel valued, respected, and included in the company culture. While it shouldn&rsquo;t be your primary motivation, there&rsquo;s also a direct correlation between employees&rsquo; happiness with their employer and their productivity.</li>
<li><strong>Learning and Development: </strong>Especially in dynamic industries like tech, it&rsquo;s hard to overstate the importance of committing to employee development. There are plenty of statistics to support this connection, including the fact that a majority (86%) of professionals &ldquo;said that they would change jobs if a new company offered them more opportunities for professional development,&rdquo; as one study found.</li>
<li><strong>Retention:</strong> Replacing employees is expensive&mdash;so is leaving vacant positions unfilled. In fact, turnover costs U.S. businesses an estimated $1 trillion annually due to lost productivity and the disruption of operations. In many ways, reducing employee turnover is among the most significant benefits of having a solid talent management strategy in place. The keys to retention can be found in the previous points: finding the right people, engaging and motivating them, and committing to their growth.</li>
<li><strong>Offboarding and Outreach:</strong> Departing employees can be an invaluable resource for understanding the employee experience and where it could be improved in order to increase retention. Through exit interviews, companies that ask the right questions can uncover actionable insights that can enhance their ability to secure the best talent over time.</li>
</ul>
<h1>The Right Talent Is Out There. We&rsquo;ll Help You Bring It Aboard.</h1>
<p>At Lorien, we have deep experience with navigating the distinct <a href="https://www.forbes.com/consent/ketch/?toURL=https://www.forbes.com/councils/forbestechcouncil/2024/01/22/why-its-difficult-to-hire-and-retain-quality-tech-talent/" target="_blank" rel="noopener"> {""} challenges of talent acquisition and retention in tech, </a> {" "} like the increasing demand for&mdash;and price of&mdash;high-quality tech talent. We understand that every organization is unique, and we are committed to helping companies find the right talent at the right time. Whether you&rsquo;re looking to fill roles on a permanent or contingency basis, we can help you develop and implement the right talent management strategy for your needs. Visit our website to learn more about our solutions, or{" "} <a href="/us/contact-us">get in touch</a> {" "} today to speak with one of our experts.</p>

<h1>What Are the Six Primary Talent Management Strategies?</h1>
<p>While every organization&rsquo;s talent management strategy should be tailored to its specific needs and priorities, there are certain strategies that talent management programs should include in one form or another. The goal is to ensure that each stage of the employee life cycle is optimized, organized, and consistent. Some of these stage-based strategies include:</p>
<ol start="1" type="1">
<li><strong> Understanding and Improving the Employee Experience:&nbsp; </strong> With so much competition for high-quality talent, the best candidates tend to have <em>plenty</em> of options to consider. Making yourself an attractive destination with a reputation for employee empowerment is a great way to remain competitive.</li>
<li><strong>Adopting a Flexible Mindset:</strong> In an industry as unpredictable and innovative as tech, &ldquo;traditional&rdquo; approaches to staffing and the employee experience aren&rsquo;t always going to cut it. Today&rsquo;s candidates have evolving preferences and ways of working that employers often must cater to if they want to attract the best talent. This might even include working with a workforce solution like those provided by{" "} <a href="https://www.lorienglobal.com/us"> Lorien </a> &mdash;who can help with everything from talent strategy development to finding the perfect candidate for any opening. As it applies to talent management, a flexible mindset also means considering different types of workforce solutions, such as direct or statement of work (SOW) hires.&nbsp;</li>
<li><strong>Creating a Culture of Learning and Growth:</strong>{" "} Tech workers are just as aware as their employers should be of the importance of meaningful development opportunities. Companies should make learning and development a core component of their culture, empowering employees by encouraging and incentivizing them to grow their skillsets.</li>
<li><strong>Developing Clear Objectives:&nbsp;</strong>Creating a winning talent management strategy requires clear strategic objectives. This includes, among other things, thinking carefully about the organization&rsquo;s short- and long-term priorities and seeking out candidates with the optimal skillset.</li>
<li><strong>Managing Performance:</strong> Employers can&rsquo;t improve what they aren&rsquo;t measuring, so an effective performance review process&mdash;including meaningful follow-up&mdash;is an absolute must. Engaging in productive dialogue with employees to identify areas for growth and outline steps for improvement should be an empowering process. It&rsquo;s less about &ldquo;fixing&rdquo; an employee&rsquo;s shortcomings and more about showing them they are valued by setting them up for success.</li>
<li><strong>Career Pathing:&nbsp;</strong>Many tech employees leave companies because they feel stuck at their current level or in their present position. By providing clear career development paths and upskilling opportunities, employers can ensure that their best talent remains fully engaged (rather than complacent).</li>
</ol>
<p>&nbsp;</p>

<h2>Our Delivery</h2><p>Our experts have real world experience and understand what is required to deliver immediate value and achieve results. We begin by conducting discovery sessions to analyse your project, identify your goals, define the scope, and establish key milestones. We work closely with you to understand the challenges you face, then provide the necessary capabilities to execute your projects successfully.&nbsp;</p><p>Our teams work collaboratively with yours to drive discovery, boost productivity, enhance delivery capability, and promote continuous learning.&nbsp;</p><p>&nbsp;</p><h2>Why choose us?</h2><p>A Statement of Work offers an alternative to conventional recruitment models. Instead of supplying resources on an hourly basis, a SOW provides fixed costs for achieving set milestones or deliverables. Our Project Delivery team manages the process with expert PMO governance, implementing tracking and constant evaluation to ensure the outcome meets the objectives.</p><p>&nbsp;</p>

<h1>Statement of Work (SOW) / Managed Services Delivery</h1><p>&nbsp;</p><p><em><strong>Technology is changing the world. We help deliver that change.</strong></em></p><p>In a rapidly evolving, technology-driven world, digital transformation has become vital for businesses to stay relevant. We empower our clients to embrace agility, bridge capability gaps, and build better businesses, by combining local insights with deep tech expertise in key areas such as Cloud, Data, Cyber Security, AI, Software, and more.&nbsp;</p><p>Led by industry experts, we combine deep tech sector knowledge with advanced analytics and years of experience in specialist project and programme delivery to solve critical business challenges. This solution is managed by the technology specialism within <strong>Impellam Project Services</strong>.&nbsp;</p>

<h2>What is a Statement of Work?</h2><p>A Statement of Works agreement is a contract that captures the details of the services that we will deliver. It typically outlines the work that needs to be completed, or the scope of work being delivered, project milestones, timelines, work locations, and payment terms. By offering meaningful metrics and strategic reporting on a weekly, monthly, and quarterly basis, we supply you with concrete data and insights into our team&rsquo;s performance. We prioritise setting up the right framework from the outset of any project to ensure that our clients&rsquo; expectations are clearly understood and met.</p>

<h2>What are the benefits to a Statement of Work solution?</h2><details><summary><strong>Transparency</strong></summary><p>At the beginning of our service, we set realistic timeframes that deliver you the best results in the shortest timeframe. Our service is a collaborative journey. We promote visibility and control through weekly and monthly operational meetings, business reviews, progress updates and project performance reports.</p></details><details><summary><strong>Efficiency</strong></summary><p>Partnering with us allows you to refocus on core operations and business goals, reducing labour costs and boosting profitability.</p></details><details><summary><strong>Governance</strong></summary><p>Our team deliver solutions in accordance with a robust governance framework, supported by our expert Account Directors and Project Services teams.</p></details><details><summary><strong>Reduced Risk</strong></summary><p>We understand the importance of maintaining a fluid workflow, whilst allowing for agility, accountability, and risk management. Partnering with us allows you to transfer many of the risks involved in delivering complex, business-critical projects.</p></details><details><summary><strong>Expertise</strong></summary><p>We have been at the forefront of technology for over 45 years, so we understand today&rsquo;s business challenges. Our experts are highly skilled and vetted, empowered by our ethos of virtuosity, best in class training and a culture of continuous improvement. Our team are passionate about delivering change and driving for results.</p></details><details><summary><strong>Management</strong></summary><p>Our team are passionate about delivering change and driving for results, we ensure your project is managed end-to-end.</p></details>

 <h1>Steps in talent development</h1>             <p>               <ul>                 <li>                   <strong> Workforce Planning and Analysis:</strong>The first                   step in the talent management process involves assessing the                   current workforce and identifying future talent needs based on                   the organization’s strategic goals. Companies analyze their                   current capabilities, identify gaps, and plan for future                   staffing requirements. This proactive approach ensures that                   the right talent is available at the right time to support the                   organization’s growth and innovation.                 </li>                  <li>                   <strong>Talent Acquisition and Recruitment:</strong> Once the                   workforce needs are identified, the organization moves on to                   attracting and recruiting the right talent. This step involves                   sourcing candidates, evaluating their fit with the company                   culture, and selecting those who possess the necessary skills                   and experience. Effective recruitment strategies, such as                   leveraging technology and employee referrals, play a crucial                   role in securing top talent.                 </li>                  <li>                   <strong>Onboarding and Integration:</strong> After hiring, the                   focus shifts to onboarding and integrating new employees into                   the organization. A well-structured onboarding process helps                   new hires acclimate to the company’s culture, understand their                   roles, and build relationships with their colleagues. This                   step is critical in setting the stage for long-term employee                   engagement and productivity.                 </li>                  <li>                   <strong>Learning and Development: </strong> Continuous                   development is a cornerstone of a successful talent management                   strategy. Organizations invest in training programs,                   leadership development, and upskilling initiatives to help                   employees grow in their roles. By fostering a culture of                   learning, companies ensure that their workforce remains agile,                   competitive, and equipped to meet future challenges.                 </li>                  <li>                   <strong>Performance Management:</strong> Regularly assessing                   and managing employee performance is essential for aligning                   individual contributions with organizational goals.                   Performance management includes setting clear expectations,                   providing feedback, and recognizing achievements. This step                   helps maintain high levels of engagement and productivity                   while identifying areas for improvement.                 </li>                  <li>                   <strong> Succession Planning and Career Development:</strong>{" "}                   Preparing for future leadership needs and providing employees                   with clear career paths are vital for long-term success.                   Succession planning involves identifying and developing                   internal talent to fill key roles, while career development                   focuses on helping employees advance within the organization.                   This ensures business continuity and reduces the risk of                   talent shortages in critical areas.                 </li>                  <li>                   <strong>Retention and Engagement:</strong> Retaining top                   talent is as important as attracting it. Organizations foster                   retention by creating a positive work environment, offering                   competitive compensation, and providing opportunities for                   career growth. Engaged employees are more likely to stay with                   the company, contribute to its success, and act as advocates                   for the organization.                 </li>                 <li>                   <strong>Offboarding and Transition:</strong> The talent                   management process also includes offboarding employees who are                   leaving the organization. A structured offboarding process                   ensures a smooth transition, captures valuable feedback, and                   maintains positive relationships with departing employees.                   This step can also provide insights into potential areas for                   improvement in the overall talent management strategy.                 </li>               </ul>             </p>

<h1>What Are the Steps in the Talent Management Life Cycle?</h1>
<p>Depending on their chosen approach and specific needs, an organization&rsquo;s talent management lifecycle may consist of anywhere from a handful of steps to nearly a dozen (or more) different activities. At a minimum, virtually every organization&rsquo;s talent lifecycle addresses at least five key focus areas, including&hellip;</p>
<ul>
<li>Recruitment: Identifying and attracting the right talent at the right time.</li>
<li>Onboarding: Getting new hires up to speed and acclimated to the work environment.</li>
<li>Engagement: Demonstrating that employees are valued, through developing an inclusive workplace culture, recognizing individual contributions, and ensuring that new hires feel welcome and supported.</li>
<li>Learning and Development: Providing opportunities for employees to grow their skill set through learning and development initiatives.</li>
<li>Offboarding: Gaining valuable insights into the employee experience through meaningful exit interviews and efficient offboarding processes.</li>
</ul>
<p>As noted earlier, these routine activities are not always as simple or straightforward as they seem, especially for tech companies. And this is precisely how partnering with Lorien can strengthen your organization and help you compete for (and secure) the best talent on the market. Our workforce and recruitment solutions can be tailored to meet your needs, so you can spend less time recruiting and more time innovating.</p>
<p>&nbsp;</p>

<h1>What Are the Steps of the Talent Management Life Cycle?</h1>
<p>While every organization&rsquo;s talent management strategy should be tailored to its specific needs and priorities, there are certain strategies that talent management programs should include in one form or another. The goal is to ensure that each stage of the employee life cycle is optimized, organized, and consistent. Some of these stage-based strategies include:</p>
<ol start="1" type="1">
<li><strong>Recruitment:</strong> Evaluating organizational needs and working to identify and attract the best talent available.</li>
<li><strong>Orientation:</strong> Setting new employees up for success, including acclimating them to the company culture and work environment.</li>
<li><strong>Engagement:</strong> Making sure new hires feel welcome and valued by creating an inclusive and supportive workplace and recognizing individual contributions.</li>
<li><strong> Learning &amp; Development:</strong> Investing in the organization&rsquo;s best asset&mdash;its talent&mdash;by providing meaningful opportunities to grow their skill set and/or advance their career.</li>
<li><strong> Retention: </strong>Reducing employee turnover through the entire process.</li>
<li><strong>Offboarding &amp; Outreach:</strong> Ensuring that when an employee leaves the organization, it&rsquo;s on the best terms possible&mdash;and leadership understands their motivations or reasons for leaving.</li>
</ol>
<p>While these phases may overlap or occur out of order in some cases, it&rsquo;s important to develop individual strategies for each. This ensures that there are no blind spots in the strategy or weak points within the employee lifecycle. Let&rsquo;s take a closer look at each of these six core functions.</p>
<p>&nbsp;</p>

   <h1>Talent Management Strategy</h1>             <p>               A company’s ability to attract high-quality talent can be one of               its biggest indicators of success. Learn what it takes to build a               winning talent management strategy.             </p>

<h1>Why Is Talent Management So Important?</h1>
<p>The importance of talent management in the workplace essentially comes down to its beneficial impact(s) on an organization&rsquo;s productivity and culture. The right talent management strategy can positively impact an organization on multiple fronts, with its key benefits including the ability to:</p>
<ul>
<li>Improve business performance and outcomes. When the right people are in the right roles, it makes success much, much easier to come by. By carefully considering the approach to talent management and putting a talent management framework in place, organizations can put themselves in the best possible position to succeed.</li>
<li>Reduce costs. Not only is great tech talent costly and frequently difficult to attract and retain, there is also a major (negative) cost impact that comes from unfilled positions. When crucial positions go unfilled, it hinders innovation and productivity. Replacing departed talent is expensive, too, underscoring the importance of underscoring the importance of recruiting and securing the best talent available.</li>
<li>Empower employees. Most modern business leaders understand the importance of employee experience within their organizations, including its impact on their ability to attract and retain talent. While some employee churn is inevitable, effective talent management strategies help to make employees feel understood and valued&mdash;leading to increased productivity and loyalty over time.</li>
<li>Unlock competitive growth. One of the biggest competitive differentiators among today&rsquo;s employers is their ability to attract and retain the best talent on the market. When the right talent is in place, teamwork, collaboration, and innovation also tend to improve. Finally, implementing a comprehensive talent management strategy helps companies find the right talent without up-ending their budgets.</li>
</ul>

<h1>Talent Management in Tech: What Are the Biggest Challenges to Overcome?</h1>
<p>Within virtually every modern industry, effective talent management can make or break an organization&rsquo;s ability to innovate and succeed within a competitive marketplace. There are often significant challenges to overcome, underscoring the importance of a well-designed talent management strategy. Some of the top talent management challenges facing these companies include:</p>
<p>&nbsp;</p>
<h4>Challenge #1: The Increasing Demand for (and Price of) Talent</h4>
<p>Especially since the COVID-19 pandemic redefined many aspects of how many people live and work, &ldquo;IT has risen in prominence as an engine for business sustainability and growth across all industries,&rdquo; according to <a href="http://cio.com">CIO.com </a> .&nbsp;</p>
<p>As such, there is increased competition for a limited number of highly-qualified candidates for any given role, as the demand for tech-aligned talent has increased &ldquo;by 50% to 60% in the last two years.&rdquo; In response, many executives and decision-makers are increasingly open to outsourcing and other non-traditional staffing avenues.</p>
<h4>Challenge #2: Finding the Right Skills and Talent</h4>
<p>Another major barrier facing modern companies (and their IT departments) is a widespread <a href="https://www.impellam.com/insights/lack-of-technical-expertise-has-fuelled-skills-shortage">lack of technical expertise </a> &mdash;responsible for roughly one-third of current vacancies in tech. This isn&rsquo;t a brand new concern; instead, the &ldquo;skills shortage&rdquo; has been developing over the course of the last two decades.&nbsp;</p>
<p>And it&rsquo;s not just an inconvenience for employers; it&rsquo;s a strategic riddle in need of a solution, one that&rsquo;s causing organizations to leave positions open despite a pressing need to fill them. According to <a href="https://www.forbes.com/sites/forbestechcouncil/2024/03/19/expect-to-see-these-technical-skills-gaps-in-the-next-year/">Forbes </a> , these gaps are expected to persist, with the National Institute of Standards and Technology (NIST) estimating that there&rsquo;s a current shortage of over 3 million cybersecurity professionals.&nbsp;</p>
<h4>Challenge #3: Increased Competition for Limited Talent</h4>
<p>Identifying potential candidates for open positions is just the start of the battle. When you have an increasing demand for talent, paired with increasing skills shortages, you wind up with a real challenge. High-quality candidates are simply in too high demand.&nbsp;</p>
<p>Talent is also expensive and&nbsp;<a href="https://www.cbre.com/insights/books/scoring-tech-talent-2023/how-is-tech-talent-quality-vs-cost-measured">its quality can be tricky to evaluate </a> , especially in industries like tech. Some of the leading skills shortages facing the industry today relate to areas like generative AI, cybersecurity and data privacy, and cloud computing.</p>
<h4>Challenge #4: A Poor Employee Experience</h4>
<p>Another reason it&rsquo;s hard to find great tech talent is that there&rsquo;s a <a href="https://www.prnewswire.com/news-releases/tech-worker-dissatisfaction-foreshadows-brain-drain-for-employers-302139745.html">growing dissatisfaction among tech workers </a> ; recent data indicates that a majority&mdash;between 85% and 90%&mdash;of North America&rsquo;s current tech talent pool is actively seeking new opportunities. This, of course, isn&rsquo;t just a &ldquo;tech industry&rdquo; problem; it impacts a wide range of industries.</p>
<p>These workers&rsquo; reasons for moving on from their current company include not just the desire for a different career but also &ldquo;dissatisfaction with current employers&rdquo; and &ldquo;preferred ways of working.&rdquo; The better an employer understands what their employees want or expect, the better position they&rsquo;ll be in to retain quality talent once acquired.&nbsp;</p>
<p>What do today&rsquo;s workers <em>really</em> want? Career advancement, flexible work environments, and meaningful learning and development opportunities top the list.</p>
<h4>Challenge #5: Inefficient Hiring and Onboarding Processes</h4>
<p>For all too many organizations, lengthy recruiting and hiring practices work against them in the fight for quality talent. It&rsquo;s a tricky situation, since talent is in-demand and yet finding the <em>right</em> candidate isn&rsquo;t often an efficient process. Logistically, this causes problems for both recruiters (who may miss out on the best candidates) and candidates looking for work. If hiring teams can&rsquo;t find better ways to identify, recruit, and hire new talent, they risk missing out and losing great candidates to competing organizations.</p>
<p>Another problem associated with long hiring and onboarding processes is that the most in-demand technical skills seem to be in a constant state of flux. In extreme cases, the very skills that companies were looking for weeks or months ago can become obsolete by the time new talent is fully onboarded. Gartner research actually found that over half (58%) of the tech workforce will need to{" "} <a href="https://www.gartner.com/en/newsroom/press-releases/2021-02-03-gartner-hr-research-finds-fifty-eight-percent-of-the-workforce-will-need-new-skill-sets-to-do-their-jobs-successfully">&nbsp;develop new skills &nbsp;</a>in order to perform their responsibilities.</p>
<p>This is precisely why many companies opt to partner with a&nbsp; <a href="https://www.lorienglobal.com/us">staffing or recruiting agency </a> . But we&rsquo;re getting ahead of ourselves. What is the typical talent management, and what are the challenges companies face when trying to attract and retain high-quality talent? In this article, our ultimate guide to talent management strategy development, we&rsquo;ll answer these questions and more.&nbsp;</p>
<p>&nbsp;</p>

 <h1>Talent Management Process </h1>             <p>               Discover effective talent management strategies for tech               companies, from recruitment to specialized services, that drive               growth and success.             </p>

<h1>Talent Management Process</h1>
<p>Building a strong team is critical for any tech company aiming to stay competitive. A well-executed talent management strategy plays a vital role in attracting, developing, and retaining the right talent to drive your business forward. But where do you start? What is the process of talent management that leads to success? In this article, we&rsquo;ll explore key examples of talent management solutions that can help your company thrive, from recruitment to specialized services that align with your strategic goals.</p>
<h2>What Is Talent Management and Its Benefits?</h2>
<p>Talent management is the strategic process of attracting, developing, and retaining the right talent to meet a company&rsquo;s goals. In the tech industry, where competition for top talent is fierce, managing talent effectively is crucial. This process involves more than filling positions&mdash;it&rsquo;s about fostering an environment where employees can grow, innovate, and contribute to the company&rsquo;s success.</p>
<p>The benefits of talent management are clear. Companies that invest in their people see higher engagement, reduced turnover, and a more agile workforce. In fact, 72% of organizations believe they can drive higher company performance if they have the right talent management strategies in place. By focusing on talent management, tech companies can build a team that is capable of driving innovation and adapting to industry changes. This approach can improve performance and create a workplace that attracts and retains high-caliber professionals, ultimately leading to long-term success.</p>
<p>You don&rsquo;t have to do it alone. Lorien&rsquo;s talent management solutions are designed to help tech companies stay ahead in this competitive landscape. By partnering with Lorien, you can ensure that your organization not only finds the best talent but also develops and retains them, fostering an environment where your team can thrive and drive your company&rsquo;s success. Whether you need permanent hires or flexible workforce solutions, Lorien&rsquo;s tailored approach will support your talent management goals and help you build a winning team.</p>
<h3>What Is the Key Point of Talent Management?</h3>
<p>While there can be many objectives of talent management, the key point is to align the company&rsquo;s human resources with its strategic goals. In other words, it&rsquo;s about ensuring that the right people are in the right roles and equipped with the right skills to achieve the organization&rsquo;s long-term objectives. This alignment not only supports current business needs but also positions the company for future growth and success. By strategically managing talent, companies can optimize their workforce, drive innovation, and maintain a strong competitive edge in the tech industry.</p>

<h1>Talent Management Strategy</h1>
<p>A company&rsquo;s ability to attract high-quality talent can be one of its biggest indicators of success. Learn what it takes to build a winning talent management strategy.</p>

 <h1>Talent Management Strategy Examples </h1>             <p>             Discover how to build a talent management strategy that aligns with your tech company’s goals, driving growth, innovation, and long-term success.             </p>

  <h1>Talent Management Strategy Go-To Steps</h1>             <p>               In today’s tech-driven world, your company’s success relies               heavily on how you manage your most valuable resource: your               people. A well-defined talent management strategy is key to               building a workforce that is skilled and fully aligned to your               business objectives. This strategy serves as a blueprint for               attracting, developing, and retaining talent that can propel your               company forward.             </p>             <p>               Effective talent management involves more than just filling open               positions. It’s about understanding the unique strengths and               potential within your team and creating an environment where they               can thrive. By focusing on both the present needs and future               growth of your workforce, you can cultivate a culture of               continuous improvement and innovation. Partnering with experts               like Lorien can enhance your talent management efforts by               providing access to specialized talent pools and industry insights               that align with your unique needs.             </p>             <p>               In this blog, we’ll explore the core components of a successful               talent management strategy, tailored specifically for the tech               industry. Whether you’re navigating rapid growth or facing the               challenges of a competitive talent market, the right strategy will               help you harness the full potential of your team and drive               long-term success.{" "}             </p>             <p>               Let’s dive into the fundamental principles that can shape your               approach to talent management and help your company achieve its               goals.             </p>

 <h1>Talent Strategy Framework </h1>             <p>               Learn how to build a talent strategy framework that aligns your               tech workforce with business goals, driving growth and long-term               success             </p>

  <h1>Talent Strategy Framework</h1>             <p>               Building a successful tech program requires more than innovative               ideas and cutting-edge technology—it requires the right people in               the right roles working towards a common goal. That’s where a               solid talent management strategy comes into play. This framework               is the foundation that guides how your organization attracts,               develops, and retains talent, ensuring that your workforce is               aligned with your business objectives and capable of driving               long-term growth.             </p>             <p>               But what exactly does a talent strategy framework involve, and how               do you create one that truly supports your company’s vision? In               this article, we’ll explore the key components of an effective               framework, discuss how it differs from general HR practices, and               provide insights into how you can customize the framework to meet               your specific needs. Whether you’re a startup looking to scale               quickly, or an established firm aiming to maintain your               competitive edge, a well-crafted talent strategy framework is               essential for building and sustaining a high-performing team.               Let’s dive into what makes this strategy so crucial and how you               can start building one today.             </p>             <h2>What Is a Talent Management Framework?</h2>             <p>               A talent management framework is a structured approach that               outlines how an organization will attract, develop, and retain its               workforce to meet business objectives. It serves as a blueprint,               guiding all talent-related activities and ensuring they align with               the company’s long-term goals. In the fast-moving tech industry,               where the competition for skilled professionals is intense, having               a well-defined framework is essential for maintaining a strong,               capable team.             </p>             <p>               Talent management framework examples vary depending on the needs               and priorities of the business. A common framework might include               workforce planning, talent acquisition, employee development,               performance management, and succession planning. Each component               plays a critical role in building a workforce that is engaged,               motivated, and aligned with the company’s mission.             </p>             <p>               For instance, a talent management framework example might focus               heavily on continuous learning and development, ensuring that               employees keep their skills up-to-date in a rapidly evolving               field. Another example might prioritize succession planning,               preparing the next generation of leaders to step into key roles as               the company grows.             </p>             <p>               These frameworks are more than just guidelines—they’re strategic               tools that help you build and maintain a workforce capable of               driving your business forward. Using a tailored talent management               framework, you can create a cohesive strategy that supports your               company’s unique goals and ensures long-term success.{" "}             </p>             <h2>               What Are Talent Strategies? What Is a Talent Strategy Framework?             </h2>             <p>               Talent strategies and talent strategy frameworks are the               comprehensive plans that support your talent management framework.               Ultimately, your strategies will determine how your company               attracts, develops, and retains the talent needed to achieve its               business goals. These strategies align your workforce with               long-term goals, helping you build a team that supports both               current needs and future growth.             </p>             <p>               Creating talent strategies involves identifying the skills your               organization needs, developing programs to grow those skills               internally, and retaining top talent. By focusing on what drives               your business forward, a talent strategy acts as a roadmap to               build and sustain a workforce that’s capable, motivated, and               aligned with your company’s vision.             </p>

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<h1 class="ql-align-center">We&rsquo;re a Collaborative Group&nbsp;</h1><p>Our strength lies not just in our brands and their specialist vertical markets but in how we are united by one purpose, one culture, one driving forces.</p>

<h1>About Us</h1><p>We are Lorien, a technology, transformation, and digital talent company, powered by Impellam Group, a connected group providing global workforce and specialist recruitment solutions.&nbsp;&nbsp;</p><p>We combine tech expertise with the scope, depth and breadth of large-scale talent organizations. Driven by both clients and candidates, covering the US and Europe, we work with all sectors, sizes and tech needs&mdash;from start-ups to established tech companies and those who use tech to propel them further.&nbsp;</p><p>&nbsp;Our unique position in the market means we have the insight to create tailored solutions, keeping our clients ahead of the curve and giving them complete agility. From one-off placements to scalable enterprise solutions, executive search to next-generation tech skills, time-sensitive projects to ongoing digital journeys&mdash;we flex to fit the requirement.</p>

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<h3>Join #TeamLorien</h3><p>People. Lead. Growth. Three simple words. That&rsquo;s the secret to our people-centric approach.</p>

<h2>Our Recruitment Expertise</h2>
<p>Helping you to find a foothold in some of the toughest tech markets out there, our Specialist Markets solutions are the definition of expert-led.</p>

<h2>The Lorien Pulse: Latest News, Events &amp; Insights</h2>
<p>Our tech expertise and partner-led approach allows us to deliver highly successful results for our clients so they can attract and retain unique talent for their business. Explore our latest collection of case studies, news, events, and insights</p>

<h1>Business Solutions</h1>
<p>Our business solutions are shaped to meet your needs and goals, with the agility to adapt as you grow. Covering all technology verticals, from entry-level to c-suite, with solutions from one-off hires to full enterprise models, we specialize in bringing expert talent solutions across the full digital spectrum.</p>

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<h3>Send Us Your CV/Resume</h3><p><span style="background-color: rgb(255, 255, 255); color: rgb(43, 42, 41);">As a fast-growing business, we have some big opportunities for the year ahead &ndash; will you join our journey?</span></p>

<h2>Get in Touch!</h2><div class="OutlineElement Ltr SCXW216223936 BCX0"><p class="Paragraph SCXW216223936 BCX0"><span class="TextRun SCXW216223936 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW216223936 BCX0">Do you have any questions? </span><span class="NormalTextRun SCXW216223936 BCX0">Don't</span><span class="NormalTextRun SCXW216223936 BCX0"> hesitate to contact our Lorien Contractor</span> <span class="NormalTextRun SCXW216223936 BCX0">Team </span><span class="NormalTextRun SCXW216223936 BCX0">for quick </span><span class="NormalTextRun CommentStart SCXW216223936 BCX0">answers</span><span class="NormalTextRun SCXW216223936 BCX0">!&nbsp;</span></span><span class="EOP SCXW216223936 BCX0" data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:240,&quot;335559740&quot;:279}">&nbsp;</span></p></div><div class="OutlineElement Ltr SCXW216223936 BCX0"><p class="Paragraph SCXW216223936 BCX0"><span class="TextRun SCXW216223936 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW216223936 BCX0">Whether you are a beginner or an experienced contractor, we are here to provide you with the latest and reliable information to </span><span class="NormalTextRun SCXW216223936 BCX0">help</span><span class="NormalTextRun SCXW216223936 BCX0"> you</span> <span class="NormalTextRun SCXW216223936 BCX0">through</span><span class="NormalTextRun SCXW216223936 BCX0"> your journey with</span><span class="NormalTextRun SCXW216223936 BCX0"> Lorien</span><span class="NormalTextRun SCXW216223936 BCX0">.</span><span class="NormalTextRun SCXW216223936 BCX0"> No matter how big or small your question is, we will do our best to provide you with helpful and informed responses.</span></span><span class="EOP SCXW216223936 BCX0" data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:240,&quot;335559740&quot;:279}">&nbsp;</span></p><p class="Paragraph SCXW216223936 BCX0">&nbsp;</p></div><div class="OutlineElement Ltr SCXW135433514 BCX0"><h5 class="Paragraph SCXW135433514 BCX0" style="text-align: left;"><strong><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Contractor </span><span class="NormalTextRun SCXW135433514 BCX0">B</span><span class="NormalTextRun SCXW135433514 BCX0">enefits</span></span> </strong></h5><h5 class="Paragraph SCXW135433514 BCX0" style="text-align: left;"><sup><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Benefits offered by Lorien </span><span class="NormalTextRun SCXW135433514 BCX0">m</span><span class="NormalTextRun SCXW135433514 BCX0">ay</span> <span class="NormalTextRun SCXW135433514 BCX0">include</span><span class="NormalTextRun SCXW135433514 BCX0">: </span></span><span class="EOP SCXW135433514 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></sup></h5></div><div class="ListContainerWrapper SCXW135433514 BCX0"><ul class="BulletListStyle1 SCXW135433514 BCX0" role="list"><li class="OutlineElement Ltr SCXW135433514 BCX0" role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="1" data-aria-level="1"><p class="Paragraph SCXW135433514 BCX0"><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Choice among three major medical plans and one minimum essential coverage medical plan&nbsp;</span></span></p></li><li class="OutlineElement Ltr SCXW135433514 BCX0" role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="1" data-aria-level="1"><p class="Paragraph SCXW135433514 BCX0"><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Integrated prescription benefits with your medical plan&nbsp;</span></span></p></li><li class="OutlineElement Ltr SCXW135433514 BCX0" role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="2" data-aria-level="1"><p class="Paragraph SCXW135433514 BCX0"><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Two standalone PPO dental plans (</span><span class="NormalTextRun SCXW135433514 BCX0">o</span><span class="NormalTextRun SCXW135433514 BCX0">ne plan includes orthodontic benefits for adults) </span></span><span class="EOP SCXW135433514 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p></li><li class="OutlineElement Ltr SCXW135433514 BCX0" role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="4" data-aria-level="1"><p class="Paragraph SCXW135433514 BCX0"><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Standalone vision plan with exams, lenses, contact lenses, and frame benefits</span></span></p></li><li class="OutlineElement Ltr SCXW135433514 BCX0" role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="4" data-aria-level="1"><p class="Paragraph SCXW135433514 BCX0"><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Savings&nbsp;</span><span class="NormalTextRun SCXW135433514 BCX0">p</span><span class="NormalTextRun SCXW135433514 BCX0">rograms: Our 401(k) allows participants to contribute to both pre-tax and after-tax payroll deductions. In addition, we offer a flexible, tax-advantaged Section 529 College Savings Program.</span></span></p></li></ul><ul><li class="Paragraph SCXW135433514 BCX0"><span class="TextRun SCXW135433514 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW135433514 BCX0">Direct deposit (weekly payroll) </span></span><span class="EOP SCXW135433514 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span>&nbsp;</li></ul><p>&nbsp;</p></div><h2><sub>Our hotlines are:</sub></h2>

<h4><strong><span class="EOP SCXW135433514 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"><span class="TextRun SCXW64043463 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW64043463 BCX0">Professional Referrals</span></span><span class="EOP SCXW64043463 BCX0" data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:240,&quot;335559740&quot;:279}">&nbsp;</span></span></strong></h4><div class="OutlineElement Ltr SCXW175820273 BCX0"><p class="Paragraph SCXW175820273 BCX0" lang="EN-US" xml:lang="EN-US"><span class="TextRun SCXW175820273 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW175820273 BCX0">At Lorien, we believe in the power of professional connections to fuel our industry's future. </span><span class="NormalTextRun SCXW175820273 BCX0">That's</span><span class="NormalTextRun SCXW175820273 BCX0"> why we highly value candidate referrals from our trusted network of contractors. These referrals are more than just names—</span><span class="NormalTextRun SCXW175820273 BCX0">they're</span><span class="NormalTextRun SCXW175820273 BCX0"> seasoned professionals who come highly recommended for their skills, reliability, and dedication to their career. </span></span><span class="EOP SCXW175820273 BCX0" data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}">&nbsp;</span></p></div><div class="OutlineElement Ltr SCXW175820273 BCX0"><p class="Paragraph SCXW175820273 BCX0" lang="EN-US" xml:lang="EN-US"><span class="TextRun SCXW175820273 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW175820273 BCX0">When a contractor refers a candidate to us, </span><span class="NormalTextRun SCXW175820273 BCX0">it's</span><span class="NormalTextRun SCXW175820273 BCX0"> a testament to the candidate's quality and fit for upcoming projects. We carefully consider each referral, aiming to seamlessly integrate these skilled individuals into our staffing solutions, thereby ensuring our clients receive top-tier talent. </span></span><span class="EOP SCXW175820273 BCX0" data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}">&nbsp;</span></p></div><div class="OutlineElement Ltr SCXW175820273 BCX0"><p class="Paragraph SCXW175820273 BCX0" lang="EN-US" xml:lang="EN-US"><span class="TextRun SCXW175820273 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW175820273 BCX0">This collaborative approach not only enriches our talent pool but also strengthens the bonds within our professional community, leading to more successful projects and satisfied clients.</span><span class="NormalTextRun SCXW175820273 BCX0"> Please speak to your recruiting contact to discuss our referral bonus</span><span class="NormalTextRun SCXW175820273 BCX0"> program in greater detail.</span></span></p></div><p><strong>For all other questions, please complete our form or reach out to us at 954.433.4100</strong></p>

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<h2>It's What We Do</h2><p>Transforming careers, businesses and tech strategies. At Lorien we are always adapting to the digital world, providing our clients with tech recruitment solutions across the full digital spectrum.</p>

<h2>Featured Jobs</h2><p>Find the best tech and digital career opportunities.</p>

<h2>The Lorien Pulse: Latest News, Events &amp; Insights</h2><p>Our tech expertise and partner-led approach allows us to deliver highly successful results for our clients so they can attract and retain unique talent for their business.</p><p>Explore our latest collection of case studies, news, events, and insights</p>

<h1>We are the house of global tech recruitment</h1><p>Lorien is a digital, transformation, and technology recruitment specialist. We work with clients of all sectors, sizes, and tech needs&ndash;from digital giants to tech-enabled businesses&ndash;to attract and retain top talent around the world. Through our network of specialists, we combine deep tech sector expertise with the scope, depth, and breadth of large-scale talent solutions, giving our clients the confidence and the agility to compete in the digital age.</p>

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<h2>More Information</h2><p>There's much more to explore!</p>

<h2>Want to be featured as an Employer?</h2><p>At Lorien, we support world-leading organizations in taking their technology above and beyond their competitors. Likewise, we encourage talented candidates to take the next step in their career with our bespoke service that offers candidates unique roles with high-profile employers that are exclusively partnered with Lorien. Candidates can browse through the roles to see what best aligns with their desired career path and ambitions on each business page.</p>

<h2>Specialist Markets</h2><p>As the house of global tech and transformation recruitment, we specialise in bringing talent solutions across the full digital spectrum to life. Each one of our solutions is built to the specific needs of our clients, with great variety in size, shape, and scale of design, but with a unifying core of deep tech sector expertise.</p><p>This gives our clients the unique advantage of tech specialism at scale. Naturally, our background means that we cover all digital skillsets, but there are specific sub-sectors where we provide even deeper levels of insight&ndash;often in the places where skills are niche, rare, competitive, or just developing.</p><p>We call these our Specialist Markets.</p>

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<h2>The Lorien Pulse: Latest News, Events &amp; Insights</h2><p>Our tech expertise and partner-led approach allows us to deliver highly successful results for our clients so they can attract and retain unique talent for their business. Explore our latest collection of case studies, news, events, and insights</p>

<h1>Unlock Your Potential.</h1><p>The technology industry is constantly evolving. Every day brings new breakthroughs &ndash; and you could be at the forefront of this progress. Each year, we help thousands of people find rewarding jobs in the ever-changing world of work.</p>

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  <h1>What is a talent management strategy?</h1>             <p>               A talent management strategy is a blueprint that guides               organizations in how they attract, develop, and retain the talent               needed to meet their business objectives. This strategy connects               the goals of the company with its workforce, creating a path that               drives growth, innovation, and long-term success. Rather than just               filling roles as they arise, a solid talent management strategy               takes a proactive approach to managing talent across the entire               employee lifecycle.             </p>             <p>               When companies start developing a talent management strategy, they               typically begin by analyzing their current workforce to identify               any gaps in skills or capabilities. This analysis helps clarify               what kind of talent is necessary to achieve specific talent               management strategic objectives. From there, they design a talent               management strategy framework that outlines key initiatives, like               those listed above.             </p>             <p>               Beyond these core functions, a robust talent management strategy               also emphasizes creating a workplace culture that resonates with               workers. By cultivating an environment where people feel valued               and have clear opportunities for advancement, organizations can               attract and retain the best talent, turning their workforce into a               competitive advantage.             </p>             <p>               A talent management strategy is about more than just filling               seats. It’s about shaping a workforce that’s capable, motivated,               and aligned with your company’s vision for the future. A               thoughtful talent management strategy plan can be a powerful tool               for driving both immediate results and sustainable success.             </p>

<h1>What Is a Talent Management Strategy, and Why Do You Need One?</h1>
<p>An organization&rsquo;s talent management strategy outlines its approach to the employee lifecycle&mdash;including attracting and recruiting talent, onboarding and developing employees, and even optimizing offboarding practices through automation. But do you really need one? Next, let&rsquo;s explore a few of the key advantages.</p>
<ul>
<li><strong> Improve Business Performance and Outcomes:&nbsp; </strong> For many companies, the ability to develop and implement an effective talent management strategy has a direct impact on business performance and outcomes. One <a href="https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/winning-with-your-talent-management-strategy">McKinsey </a>survey actually found that &amp; 99 percent of respondents who reported their company's talent management was very effective said they outperform their competitors, compared with 56 percent of all other respondents."</li>
<li><strong>Reduce Costs:&nbsp;</strong>Not only does employee turnover hinder a company's ability to innovate, compete, and grow&mdash;it also costs the company a lot of money. According to <a href="https://www.gallup.com/workplace/247391/fixable-problem-costs-businesses-trillion.aspx">Gallup's </a>conservative estimate, the cost to replace an employee &amp; can range from one-half to two times the employee's annual salary. By contrast, upskilling and developing existing talent is typically a much more cost-effective approach. Companies are also starting to understand the true costs of <em>not </em>filling roles within the organization, further underscoring the importance of effective talent management strategies.</li>
<li><strong>Empower Employees:</strong> When companies aren&rsquo;t able to reliably attract and retain high-quality talent, it doesn&rsquo;t just hurt the organization. It also impacts the morale of otherwise loyal employees, potentially driving them away from the company. This is especially problematic when top talent goes elsewhere; as&nbsp;<a href="https://www.gallup.com/workplace/247391/fixable-problem-costs-businesses-trillion.aspx">Gallup </a>&nbsp;puts it, &ldquo;Losing your best people means losing your reliable winners, your constant innovators and your most effective problem-solvers.&rdquo;&nbsp;</li>
<li><strong>Unlock Competitive Growth:&nbsp;</strong>Within the tech industry, the ability to find great talent is increasingly viewed as a competitive differentiator separating the best from the rest&mdash;especially when an organization understands the candidate journey and the importance of filling crucial roles and retaining key talent. The revolving-door effect of employee turnover holds organizations back from a productivity and innovation standpoint. And since tech workers are in such high demand, employees often demonstrate less loyalty than in years past. Today&rsquo;s employers are competing for talent like never before, and those with the best talent management strategies are in the best position to find&mdash;and hire&mdash;the best candidates.</li>
</ul>
<p>All too often, organizations struggle to overcome key talent management challenges, which puts them in a difficult position where the available talent never quite matches the needs of the business. Left unaddressed, excessive employee turnover erodes employee morale, making it even harder to attract and retain talent over time.</p>
<p>The importance of a talent management strategy is difficult to overstate, especially for larger organizations or those with complex staffing needs. A well-rounded talent management strategy brings about many benefits, many related to an increased ability to attract and retain high-quality talent that meets the needs of the organization. Other benefits include the ability to:</p>
<ul>
<li>Identify and attract in-demand talent through a strong brand/reputation.</li>
<li>Develop a more streamlined and agile talent pipeline that prevents or minimizes staffing-related disruptions or delays.</li>
<li>Increase efficiency and effectiveness throughout the organization, leading to greater productivity and growth.</li>
<li>Reduce costs related to attracting, recruiting, and onboarding new talent by slowing down the revolving door of hiring and attrition.</li>
<li>Enhance the capacity for innovation by building strong, diverse teams with the exact skills needed for any given role.</li>
</ul>
<p>Just having a talent management strategy isn&rsquo;t always enough to guarantee positive results&mdash;especially within the ever-growing and ever-evolving tech industry, where roles are constantly being redefined as strategic priorities shift. Next, let&rsquo;s look at some of the unique challenges in finding high-quality tech talent.</p>

   <h1>What is the purpose and benefits of talent management?</h1>             <p>               Talent management serves as the backbone of an organization's               ability to attract, develop, and retain top-tier talent. At its               core, talent management is about more than filling positions—it’s               about creating a strategic framework that aligns human capital               with business goals. The importance of talent management lies in               its ability to drive organizational success by ensuring that the               right people are in the right roles at the right time.             </p>             <p>               A well-executed talent management strategy offers numerous               benefits, including:             </p>             <ul>               <li>                 <strong>Enhanced Organizational Performance:</strong> Companies                 with effective talent management practices often see improved                 business outcomes, as they can better leverage their human                 resources to meet strategic goals. McKinsey research shows that                 companies with strong talent management are more likely to                 outperform their competitors.               </li>               <li>                 <strong>Reduced Costs:</strong> Effective talent management                 reduces the high costs associated with turnover and unfilled                 positions. By investing in employee development and retention,                 organizations can decrease the frequency and impact of turnover,                 leading to significant cost savings.               </li>               <li>                 <strong>Increased Employee Engagement and Retention:</strong>{" "}                 When employees feel valued and see opportunities for growth                 within an organization, they are more likely to stay. Talent                 management fosters a culture of continuous improvement and                 development, which is crucial for retaining top talent.               </li>               <li>                 <strong>Competitive Advantage:</strong> In today’s competitive                 market, having a strong talent management strategy is a                 differentiator. Organizations that excel in this area are better                 equipped to attract and retain high-quality talent, giving them                 a competitive edge.               </li>             </ul>

 <h1>What Should a Talent Strategy Include?</h1>             <p>               A comprehensive talent strategy should include several key               elements that address the entire employee lifecycle:             </p>             <ol start="1" type="1">               <li>                 <strong> Workforce Planning:</strong> Assess your current                 workforce and identify future needs. This helps you anticipate                 gaps in skills or resources and plan accordingly.               </li>                <li>                 <strong>Talent Acquisition: </strong>Develop a strategy for                 sourcing, recruiting, and hiring the best talent. This could                 involve using advanced recruitment technologies or tapping into                 new talent pools.               </li>                <li>                 <strong>Employee Development: </strong>Create programs that                 support continuous learning and skill development, keeping your                 team engaged and prepared to meet the demands of the industry.               </li>                <li>                 <strong> Performance Management:</strong> Implement processes                 for evaluating and improving employee performance. Regular                 feedback, goal setting, and recognition are key components.               </li>                <li>                 <strong>Retention and Succession Planning:</strong> Develop                 strategies to keep your top talent engaged and prepare for                 future leadership needs. This might include career development                 opportunities and succession plans.               </li>               <li>                 <strong>Culture and Engagement: </strong>Foster a company                 culture that aligns with your values and encourages high levels                 of employee engagement.               </li>               <li>                 <strong>Diversity and Inclusion:</strong> Ensure your talent                 strategy promotes a diverse and inclusive workforce, which is                 crucial for innovation and growth.               </li>             </ol>

Listen now

<p>Host Darren is joined by Judy Pitrakou, the Regional People Director for North America, UK, and APAC at GFT. They discuss the ins and outs of how to become a Chief People Officer across diverse sectors as well as Judy's personal experiences.</p>
<p><video controls="controls" width="300" height="150">
<source src="&lt;iframe src=&quot;https://creators.spotify.com/pod/show/lorienglobal00/embed/episodes/Leading-with-People-Building-Performance--Culture--and-Engagement-for-Evolving-Business-Needs-e2tu219/a-abobbdr&quot; height=&quot;102px&quot; width=&quot;400px&quot; frameborder=&quot;0&quot; scrolling=&quot;no&quot;&gt;&lt;/iframe&gt;"></video></p>

Host Darren is joined by Judy Pitrakou, the Regional People Director for North America, UK, and APAC at GFT

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