An illustration of black, white, and green numbers.

CTDO Magazine

CEOs' Talent Development Priorities

By ATD Staff

Friday, October 15, 2021

Bookmark

One-quarter of CEOs say their businesses have changed forever, according to the KPMG 2021 CEO Outlook Pulse Survey. That means these executives need to rethink how to leverage talent in their pursuit of business excellence. From how employees will return to the workplace to responding to diversity, equity, and inclusion (DEI) issues to investing in reskilling and upskilling the workforce, recent studies shine a light on critical C-suite priorities.

71%
of CEOs indicate their organizations are undergoing talent transformation, while one-third say they’re preparing for culture transformation.
2/3
of CEOs named maintaining culture as the top challenge to a remote work environment.
1 in 3
CEOs want their chief human resource officers to spend more time on DEI, compared with 62 percent of TD and HR executives who expect the same of their CEOs.
#1
Recruiting and retaining top talent is the highest talent priority for CEOs; developing next-gen leaders ranked second.
6 in 10
organizations with mostly professional and office workers say it is very or somewhat difficult to find qualified employees; 28 percent say it’s hard to retain them.
57%
More than half of CEOs plan to increase spending in upskilling and reskilling the workforce.
1/5
of CEOs say managing leadership transitions is a high priority for 2021.
Half
of CEOs say talent development and HR leaders could add more value by helping individuals become better people managers.

Sources: “Fortune/Deloitte CEO Survey: Summer 2021 Highlights,” Deloitte, 2021; The CEO-CHRO Partnership, Chief Executive Group and SHRM, the Chief Executive Group and Society of Human Resource Management, 2021; C-Suite Challenge 2021: Leading in a Post-COVID-19 Recovery (Chart Book), The Conference Board, 2021; The Reimagined Workplace a Year Later: Human Capital Responses to the COVID-19 Pandemic, The Conference Board, 2021

^{Sources: “Fortune/Deloitte CEO Survey: Summer 2021 Highlights,” Deloitte, 2021; The CEO-CHRO Partnership, Chief Executive Group and SHRM, the Chief Executive Group and Society of Human Resource Management, 2021; C-Suite Challenge 2021: Leading in a Post-COVID-19 Recovery (Chart Book), The Conference Board, 2021; The Reimagined Workplace a Year Later: Human Capital Responses to the COVID-19 Pandemic, The Conference Board, 2021}

Read more from CTDO magazine: Essential talent development content for C-suite leaders.

About the Author

ATD Staff

The Association for Talent Development (ATD) is a professional membership organization supporting those who develop the knowledge and skills of employees in organizations around the world. The ATD Staff, along with a worldwide network of volunteers work to empower professionals to develop talent in the workplace.

Be the first to comment

Sorry! Something went wrong on our end. Please try again later.