๐ง๐ฎ๐น๐ฒ๐ป๐ ๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ is a large and growing challenge at many organizations, in particular when it comes toย lifescience or highly niches related segment.
“๐ง๐ฎ๐น๐ฒ๐ป๐ ๐๐๐๐ฟ๐ฎ๐ฐ๐๐ถ๐ผ๐ป” providers are racing to roll out new offerings that can help business leaders and managers improve how they recruit, oversee, develop, and retain human capital. Many
๐๐ฅ ๐๐ฒ๐ฐ๐ต ๐๐ผ๐ณ๐๐๐ฎ๐ฟ๐ฒ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ & ๐๐ฒ๐ฐ๐ต ๐ฑ๐ถ๐๐ฟ๐๐ฝ๐๐ผ๐ฟ๐ that formerly specialized in a single aspect of the talent management value chain are building out more comprehensive offerings, and others are growing through consolidation. Dozens of companies are competing to expand their offerings, causing significant confusion in the market.
![](https://skillhubs.io/wp-content/uploads/2023/08/TA-management.jpeg)
The last BCG survery emphasizes most pressing pain points:
๐ด Managing multipleย sourcingย functions, which leads to significant complexity
๐ด Planning processes that fail to identify theย #skillsย needed to meet future business requirements
๐ด Coordinating the ecosystem of variousย #upskillingย andย #reskillingย providers or solution
The next 18 to 24 months will be a critical window for providers to stake out their positions in this crowded and highly active market. ๐ง๐ต๐ผ๐๐ฒ ๐๐ต๐ฎ๐ ๐๐ป๐ฑ๐ฒ๐ฟ๐๐๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐ป๐ฒ๐ฒ๐ฑ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฑ๐ฒ๐๐ถ๐ด๐ป ๐๐บ๐ฎ๐ฟ๐๐ฒ๐ฟ ๐๐ผ๐น๐๐๐ถ๐ผ๐ป๐ to meet those needs will find the odds in their favor.