The Rise of the Chief Talent Officer

Many companies are strengthening their internal talent management capabilities by instituting the position of chief talent officer, tasked with overseeing all aspects of human resources, reports Forbes . Chief talent officers must deploy initiatives that serve to foster future generations of leaders via transparency and communication, a powerful employee value proposition (EVP), and diversity and inclusion (D&I). New approaches to talent cultivation may require organizational leaders to rethink such things as work-life balance, encouraging leaders to develop their own leadership styles, offering opportunities for career development, and nurturing more technology-driven initiatives. It is the responsibility of the chief talent officer to identify new amenities through the corporate culture and brand a strong EVP. They set the platform for a compelling EVP, and must meet promises made in the proposition to the candidate after they are hired. Talent acquisition teams have to pitch positions to the candidate, and selling the candidate on the organization as a great place to work. A properly implemented and employed EVP will ensure that the corporate brand aligns with the employee's perception. Chief talent officers can quantify the EVP's effectiveness through employee engagement surveys and performance reviews. They also should expand the discussion of D&I beyond personal attributes such as age, race, gender, and sexual orientation to include more socioeconomic factors.