Editorial
Talent management is evolving fast, and traditional HR practices just don’t cut it anymore. In today’s world, it’s not enough to simply hire the right people—you need a strategic approach that supports long-term growth. This means focusing on workforce planning, continuous learning, and creating a performance-driven culture that can adapt to change.
At the forefront of this transformation is AI. From identifying skill gaps to improving employee retention, AI is helping organizations make smarter talent decisions. It can suggest career paths, offer personalized coaching, and ensure that top talent is matched with the right opportunities.
But technology alone isn’t the answer. Employees need to embrace upskilling to stay relevant, and leaders must foster environments that support growth. This week, we explore the latest trends in talent management, including AI-driven tools and flexible work models. We invite you to explore how these changes are shaping the future of work.
We’d love to hear your thoughts—how is your organization adapting to these changes? Let’s keep the conversation going! Share your insights with us.
Laurent THOMAS
Chairman Consulting Quest
This week’s must read
In this edition of This Week in Consulting, we explore cutting-edge talent management strategies that are reshaping the workplace.
This article by Baker Tilly highlights the need for strategic talent management in a changing workforce. Key pillars include talent acquisition, development, retention, and sustainment to ensure continuity, engagement, and a competitive edge in the evolving labour market.
This week’s media
Eightfold explores how AI can enhance talent management by improving internal mobility, succession planning, and retention. AI identifies skill gaps, recommends career paths, and helps retain top talent by matching employees with the right opportunities, ensuring organizational growth.
Thought Leadership
This article by IBM highlights AI’s transformative impact on industries, emphasizing the need for AI upskilling and reskilling. It explores how executives and employees must embrace AI to adapt, boost productivity, and fill critical skill gaps for future success.
This article by Kearney emphasizes the need for a separate strategic talent function during digital transformation. Traditional HR struggles to meet dynamic talent demands, while a specialized team can ensure the right skills, upskilling, and employee engagement throughout the journey.
This blog by AIHR explores modern talent management strategies, emphasizing internal talent development and leveraging technology. Key initiatives include talent marketplaces, AI-based coaching, talent sharing, alumni networks, and flexible work arrangements like fractional jobs and four-day workweeks.
This article by McKinsey outlines five key actions to maximize return on talent: strategic workforce planning, effective hiring, focused learning, a performance-driven culture, and elevating HR. These efforts intersect, driving higher productivity and long-term value creation across organizations.
This week’s consulting news selection
Leading advisory firm Baker Tilly welcomes Daniel Greenstein to its higher education advisory practice, effective Nov. 1. A respected leader, Greenstein strengthens Baker Tilly’s ability to help institutions tackle today’s complex higher education challenges.|
MNP, one of Canada’s largest professional services firms, will join forces with EPR Bathurst / Péninsule, a chartered accounting firm, on December 1, 2024.|
PJT Partners Inc. announced an agreement to acquire deNovo Partners, a leading advisory firm in Dubai focused on the Middle East, enhancing the successful strategic alliance formed between PJT Partners and deNovo in 2020.|
Leonard Goldberg Professional Corporation has joined Grant Thornton LLP to enhance resources and services. For over 25 years, the firm has provided expert tax and accounting services to businesses in North Toronto.|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.
