11 Talent Strategies Template | Brian Heger

Most organizations have a talent strategy to enable their business strategy. However, the tactics supporting a talent strategy can vary by organization. As leaders determine the right mix of buy, build, borrow, and bot tactics to help meet their organizations’ talent needs, this editable template includes a list of 11 talent strategies that I sourced from Gartner. The strategies range from acqui-hire (acquiring skills through acquisition), redesign work (change structure, workflows, role designs, etc.), and use rotations or temporary assignments (move existing employees with needed skills on a short-term, time-bound basis). The template provides a space to type in your initial thoughts on talent strategies you might consider. One suggestion for using this template is to a) define 2-3 business scenarios your organization might face (e.g., 15% growth in China), b) identify the talent implications of each scenario (e.g., increase of X # of sales representatives in regions A, B, C, etc.), and c) define the mix of talent strategies that could address the talent implications. You can also prioritize the strategies based on factors such as: 1) Costs: the strategy’s direct financial or nonfinancial short and long-term costs. 2) Time: The time required to implement the strategy effectively, and 3) Long-term value: The benefit of implementing the strategy beyond the immediate needs. Thinking through these components in advance enables a firm to execute an optimal mix of talent strategies as different business scenarios unfold.