Talent Management Strategies to Face the Challenges of Changing Workforce Demographics

Abstract

Changes in labor demographics have become an important factor influencing various aspects of human resource management in the modern era. This study aims to investigate talent management strategies that can be used to address challenges arising from changing workforce demographics. Through a qualitative approach, this research conducts an in-depth analysis of case studies on several large companies in various industrial sectors. In-depth interview methods were used to collect data from HR practitioners directly involved in the implementation of talent management strategies. The collected data is analyzed with a thematic approach to identify common patterns and themes related to effective strategies. The results of this study show that effective talent management strategies in facing the challenges of changing workforce demographics cover several aspects. First, companies need to adopt an inclusive approach that enables the recruitment and development of human resources from different demographic groups. Second, a clear and flexible career development strategy helps retain potential employees, especially those from the younger generation. Third, efforts to create an inclusive and collaborative work culture support the retention and engagement of employees from diverse backgrounds. This research has important implications for HR practitioners and organizational leaders in designing and implementing talent management strategies that are responsive to changing workforce demographics. By understanding effective strategies, companies can be better prepared to face the challenges posed by shifting workforce demographics, and build inclusive and innovative work environments