Why Talent Acquisition and L&D Must Work Together to Find Talent With Key Skills

Just a couple years ago, companies were conducting hiring sprees, scooping up a seemingly unlimited supply of talent. Today, however, more talent professionals are asked to do more with less, while facing intense competition for individuals with the most business-critical skills. But this reset has given rise to a new way of thinking about talent—the skills-based transformation, in which candidates are hired, and internal talent developed, based on their unique skills and strengths.

To make the skills-based transition successful, companies must ensure their talent acquisition (TA) and learning and development (L&D) teams work more closely together. This will be especially important since talent with key skills is harder to find than ever. According to Randstad Enterprise’s latest in-demand skills research, global hiring complexity for AI and automation skills is two times higher than average, while data analytics skills are 2.3 times higher.

In this landscape, rather than always turning to recruiting external talent, consider how individuals with key skills—or at least the potential to learn them—may already be in the organization. But without insights and development plans from L&D, those high-potential employees, and their skill sets, may remain hidden. Along the same lines, when new talent is brought in, L&D should be involved as well, helping to ensure they continually learn and grow to develop the skills needed for the future.

But for TA and L&D to collaborate most effectively, they must leverage the right data to help guide their decisions. With access to up-to-date talent intelligence—about the supply of skills both within your organization and outside it—TA and L&D teams gain the insights to better work together and ultimately ensure the company acquires the right skills.

Identify the skills you need.

Due to the growing use of AI, the skills companies need are changing constantly. With access to the right talent intelligence, companies can better predict the skills that will be most critical for their organizations today and into the future. And if talent with those skills is too difficult to find internally or externally, the data can help identify talent with the adjacent or transferable skills most indicative of success in attaining those needed skills. Once those skills are identified, TA and L&D can work together to determine the best way to acquire those skills, whether hiring externally or developing internal—or even external—talent.

Build a skilled and diverse workforce.

As part of the skills-based transformation, many organizations leverage talent intelligence to conduct skills mapping or create skills ontologies to better understand the skills already in the organization. Such insights can also reveal the individuals who show strong potential to learn the new skills that TA may be struggling to find externally. This approach is also helpful for enhancing workforce diversity and creating equity. With female talent largely under-represented in some of the most in-demand skills, like AI and automation, providing promising female employees with the right training and development can improve diversity while ensuring the company gains those needed skills.

Understand the external talent market.

Strong talent intelligence can help you find the best sources for the skills your organization needs. It can also uncover essential data about what those individuals are looking for in their next role, like salary expectations and desire to work remotely, so TA can be better positioned to attract and engage them. If talent with the exact skills can’t be found, TA can still hire based on the potential and inherent skills of the top candidates, working with L&D to create the development paths to fill those crucial gaps.

Make smarter decisions with talent intelligence.

While finding talent with the most in-demand skills may be challenging, companies that drive collaboration between their TA and L&D teams will be better positioned to identify the right people, or nurture promising talent to help them learn those skills. When guided by robust talent intelligence, the result is a streamlined approach to acquiring the skills needed immediately, while providing the training that keeps up with the skills needed for the future.

Download Randstad’s latest in-demand skills research. See the supply and demand of the skills you need with the in-demand skills dashboard.