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August 23rd, 2022 · 6 min read

How to enhance your talent pipeline strategy for 2024

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What is a talent pipeline?

What does a modern talent pipeline look like?

  • Intentional and ongoing collaboration between managers and direct reports to understand employee career aspirations and guide them toward the relevant development opportunities that will get them there.
  • Established training, development and education programs that are strategically designed to equip employees with the resources needed to develop and grow in-demand skills required for advancement.
  • A well-thought-out succession planning strategy to increase the efficiency and efficacy of your talent pipeline.
  • Easy access to upskilling and reskilling opportunities that accommodate varying employee schedules and don’t add any financial burden to learners.
  • A strategy for assessing employee skill sets to identify current candidate strengths and growth opportunities.
  • Intentional focus on diversity, equity and inclusion (DEI) as part of your talent pipeline strategy. 

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How to build a strong talent pipeline 

Prioritize hard-to-fill positions

Develop employees from within

Get hiring managers involved

Don’t overlook your passive candidate pipeline

Engage with the talent in your pipeline

Best practices for effective talent pipeline management 

Align your talent pipeline strategy with broader business goals

Integrate your talent pipeline strategy with existing L&D efforts

Invest in the right talent management software

Using metrics to shape your talent pipeline strategy

  • Is your organization consistently reaching its talent objectives? 
  • Have improvements to your talent strategy resulted in greater efficiency across hiring, onboarding and promotional practices? 
  • What is the rate of pool-to-hire talent through your pipeline? 

The power of proactive talent pipeline planning

You can address talent development challenges