logo
episode-header-image
Mar 2025
29m 20s

The New Rules of Talent Retention with G...

SME Strategy Consulting INC
About this episode

🚨 Talent retention strategies are failing. Businesses need to fundamentally shift operations to continue to thrive. 🚨

In this powerful episode of the SME Strategy Podcast, we sit down with Steve Cadigan, LinkedIn's first CHRO and a global talent advisor, to uncover the harsh realities of today's talent marketplace and reveal what you need to consider for strategic implementation today. Steve doesn't hold back. He exposes the core issues plaguing businesses and leaders and provides clear directives for immediate action.

Here's what you'll learn:

  • The truth about employee tenure: (Did you know? The average tenure for 20-35 year olds is just 2.5 years, 4 years average for US)
  • Why your company needs to become a "business school" to retain top talent.
  • The critical "skills awareness problem" and how to solve it.
  • Why trust and transparency are non-negotiable in today's workforce.
  • How to turn your alumni into a strategic asset.
  • The mandatory business transformation needed to adapt to the new talent reality.

 

Cadigan's Strategic HR Directives:

  1. Tenure is Transient: Recognize the reality of shorter employee retention and prioritize rapid skill acquisition.
  2. Learning is Core: People are loyal to learning, not positions. It’s time to invest in continuous growth.
  3. Skills Awareness is Paramount: Bridge the skills gap with internal development.
  4. Trust is Non-Negotiable: Build a culture of transparency and communication.
  5. Alumni are Strategic Assets: Leverage your former employees for future success.
  6. Skill Growth drives Career Security: Empower employees with valuable, future-proof skills.
  7. Business Transformation is Mandatory: Reimagine your business model for the new talent landscape.

Direct Talent Retention Strategies for Actionable Impact:

  1. Establish Learning as a Core Function: Implement strategic learning programs and mentorship.
  2. Optimize for Rapid Skill Acquisition: Design flexible career paths and project-based learning.
  3. Build a Culture of Unwavering Transparency: Implement consistent communication and feedback channels.
  4. Leverage Alumni as a Strategic Network: Create alumni networks and host strategic events.
  5. Prioritize Skill Development for Career Stability: Focus on skill-based training and career growth opportunities.

Strategic Implementation for Lasting Results:

  1. Conduct a thorough assessment of current practices. Invest strategically in learning and development.
  2. Establish a culture of trust and clear communication.
  3. Develop a structured alumni engagement program.
  4. Embrace adaptability as a foundational principle.

Don't let your talent retention strategies fail!

 

Watch this episode to gain the crucial insights and actionable strategies you need to adapt and thrive in today's talent market.

Chapters

  • 00:00 Introduction to Talent Advisor Steve Cadigan
  • 03:01 The Evolving Role of HR in Talent Management
  • 05:52 Challenges in Attracting and Retaining Talent
  • 08:52 Developing Effective Talent Strategies
  • 12:02 The Importance of Learning and Development
  • 14:43 Reimagining Business Models for Talent
  • 18:10 Building Trust and Organizational Health
  • 21:00 The Future of Talent and Employee Loyalty
  • 23:51 Conclusion and Key Takeaways

----

SME Strategy can help increase the speed of internal change and implementation by driving alignment and buy-in with stakeholders through a structured and streamlined process. Book a call today to learn how we can help you achieve your goals: https://www.smestrategy.net/strategic...

 

// Connect with us:

 

► Contact us: https://www.smestrategy.net/contact

► Connect with Anthony on LinkedIn:   / anthonyctaylor604  

 

// About SME STRATEGY CONSULTING: SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster.

► Work with us: Are you looking for someone to facilitate your strategic planning process? https://www.smestrategy.net/strategic...

Up next
Jun 18
From Military to Tulip Farming: Andrew Miller's Unconventional Journey
Andrew Miller, the president and CEO of United Way of Skagit County and the co-founder and CEO of Tulip Valley Farms. Discover how Andrew transitioned from a career in Air Force intelligence to embracing life as a tulip farmer, bringing fresh perspectives and innovative approache ... Show More
19m 52s
Jun 5
Navigating Turbulence: The Evolution of Leadership with Blair LaCorte
Anthony Taylor interviews Blair LaCorte, a seasoned CEO with extensive experience in private equity and aviation. They discuss Blair's journey, particularly his time at XOJet, where he transformed a struggling airline into a successful business through innovative strategies and a ... Show More
20m 35s
May 27
McKinsey Partner Tim Koller on Mastering Business Valuation
Anthony Taylor and Tim Koller discuss the critical aspects of business valuation, emphasizing the importance of balancing revenue growth and profitability. They explore strategic decision-making in large organizations, the role of the CEO in resource allocation, and the necessity ... Show More
25m 17s
Recommended Episodes
Jul 2024
Ep. 19 The Art of Problem-Solving: strategies behind the growth of Revolut Business
How do you look at what you have today to get to something better? Manuel Soto, Head of Operations for Revolut Business, chats with host Alex Carril about how creative problem-solving is at the core of a company’s success, and how we do it at Revolut. From the process of developi ... Show More
28m 5s
Mar 2025
Master These 5 BD Skills to Succeed No Matter What 2025 Brings
In Episode 217 of The Business Development Podcast, Kelly Kennedy breaks down the five critical business development skills you must master to succeed in 2025 and beyond. With the business landscape evolving rapidly—new technologies, shifting client expectations, and increasing d ... Show More
56m 50s
Dec 2024
Strategic TA at the Helm of a Global F&B Giant with Blair Bennett of PepsiCo
On this episode, host Ryan Dull is joined by Blair Bennett, Senior Vice President of Global Talent Acquisition at PepsiCo. Blair shares insights into managing over 30,000 requisitions annually, standardizing interview processes, leveraging data and technology, and enhancing Pepsi ... Show More
31m 28s
Jul 2024
Navigating TA Challenges with Justin Fronberg of MGM Resorts International
On this episode, Ryan Dull is joined by Justin Fronberg, Executive Director of Talent Acquisition at MGM Resorts International. They discuss Justin’s unique journey into talent acquisition, the strategic transformations at MGM and the future of talent acquisition in a rapidly evo ... Show More
31m 53s
Mar 2025
What to Look for When Hiring a Business Development Specialist in 2025
In Episode 221 of The Business Development Podcast, Kelly Kennedy revisits a topic that has defined the show’s success—what to look for in a business development specialist. Episode 2, which covered this topic over two years ago, remains the most listened-to episode in the podcas ... Show More
38m 46s
Aug 2024
How To Build A Data Driven Culture In HR
Join us in this HR Leaders episode as we explore the transformative power of integrated data in enhancing skills development and employee engagement. Top experts delve into how leveraging people data is essential for boosting ROI, from improving talent acquisition to strengthenin ... Show More
45m 5s
Jun 25
The Strategic Advantage of Tapping Freelancers
The rapid pace of technological change is making a big impact on hiring. Some organizations are dynamically securing freelance workers through platform apps like Upwork and Freelancer. Other companies are investing heavily in work enabled by artificial intelligence. John Winsor a ... Show More
30m 26s
Feb 2021
On Scaling Strategic Recruiting with Technology, with Victor Gaines, SVP Talent Acquisition at Aveanna Healthcare
In this episode, Victor Gaines, SVP Talent Acquisition at Aveanna Healthcare sits down with us to share his journey in the talent acquisition space and his perspective on the state of TA today, as well as where it’s headed. Victor describes his career path through companies like ... Show More
29m 34s
Jun 24
Evolving the Internship Experience Into Strategic Hiring with Jenny Hofler of Labcorp
Stepping outside your comfort zone can shape your career in unexpected and rewarding ways. That’s exactly what Jenny Hofler, Director, Early Career Recruiting, Global Talent Acquisition at Labcorp has done — and now she’s building opportunities for early career talent at a global ... Show More
21m 33s
Jan 2025
Turning TA Into a Strategic Asset with Assil Omar of AbbVie
Host Ryan Dull is joined by Assil Omar, Chief Equity Officer and Vice President, Talent Acquisition of AbbVie. They discuss her unique career journey, the transformation of TA at AbbVie and how the balance between human capital and technology is driving their success. Key Takeawa ... Show More
28m 37s