How MetLife's Talent Marketplace Drives Skills, Energy, & ROI E177
Aug 9, 2024
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Susan Podlogar, former CHRO at MetLife, teams up with Kathi Enderes, an AI talent marketplace expert, to explore the revolutionary role of AI in talent management. They discuss how MetLife’s talent marketplace enhances employee engagement and democratizes access to opportunities. With 60% employee participation, they've saved over 400,000 work hours. Together, they reveal how this initiative not only fosters an inclusive culture but also drives crucial skill development, giving organizations a competitive edge.
Implementing an AI-based talent marketplace enhances skill development and creates a culture of inclusivity by democratizing access to opportunities.
Proactive talent management leveraging data is crucial for identifying skill gaps and preparing organizations for future workforce needs.
Deep dives
Maximizing Human Energy
The concept of maximizing human energy is critical for organizations aiming to enhance performance. When individuals possess the right skills and are part of an inclusive culture that prioritizes well-being, they can contribute significantly to the collective output of the organization. This energy release acts as a compounding effect, making it essential for businesses to invest in both macro-level structural improvements and micro-level individual enhancements. By addressing these facets, organizations can better meet their talent needs and create a thriving work environment.
The Role of Talent Marketplaces
Talent marketplaces serve as transformative tools within organizations, promoting internal mobility and skill development among employees. By democratizing access to projects, mentoring, and roles, these platforms enable individuals to showcase their skills and aspirations, fostering a culture of inclusivity. The implementation of a talent marketplace not only helps organizations identify and nurture internal talent but also reinforces the idea that every employee can contribute meaningfully, regardless of their position. This holistic approach ensures that employees feel valued and supported in their professional growth.
Proactive Talent Management Through Data
Proactive talent management is essential in navigating the complexities of workforce needs, and leveraging data plays a crucial role in this process. By analyzing market trends and identifying critical skill gaps within the organization, HR can develop targeted strategies to address evolving talent requirements. For instance, establishing a data-driven framework allows organizations to stay ahead of the curve regarding future skills needed, rather than reacting to immediate demands. This forward-thinking approach not only prepares organizations for current challenges but also positions them for long-term success.
In this episode, Susan Podlogar, former CHRO at MetLife, talks with Kathi Enderes about the transformative impact of an AI-based talent marketplace (powered by Gloat). You’ll learn what a talent marketplace is, how to implement, and why these solutions are rapidly growing around the world.
Podlogar explains how they implemented this solution and how it unleashes energy for individuals and the organization. MetLife’s talent marketplace democratizes access to projects, mentoring, and roles, fostering an inclusive culture and enhancing skill development. She also explains how this HR solution drives critical skills development (ie. actuaries) for competitive advantage.
As Susan explains, today 60% of employees participate and more than 400,000 of work hours have been saved – driving productivity, engagement, and financial returns.