It’s coming and will be upon us faster than you think. As things stand, the UK will depart the European Union on 29 March 2019. That’s just 10 months, and allowing for Bank Holidays, it means approximately 200 business days to assess if your talent acquisition, optimisation and retention effort will stand up to whatever Brexit throws at us, and evolve it if it won’t!
With many businesses already reporting recruitment challenges due to reduced immigration, no crystal ball to confirm whether or not the UK will fall or stand tall after Brexit and increasing reports of retention issues amongst millennial, diverse and established employee groups; smart leaders are acting fast to sure things up.
If you are not already excellent at demand planning, best people attraction, the selection process, equipping hires for success, managing employee experience and retaining employee commitment; the basis for, and pillars of, the Six Pillar Talent Lifecycle Model, you might want to take action quickly to be optimal by Brexit day!
Why quickly? Auditing your existing end to end resourcing, talent optimisation and retention solutions and processes against the Six Pillar Talent Lifecycle Model, to identify which of the three components of excellence in each pillar are optimum, in need of evolution or at worst missing, takes 20 business days.
So let’s say a month. You will need at least three months (and that’s pushing it) to implement the recommendations from the audit. Let’s assume this is the case and if you leave it to the last minute to complete the audit, this means January, February and March 2019. So there are only really seven months left to get your audit in! Take into account August and December are predominantly lean months for project progress, and you are left with just five months, starting from June 2018 (Friday next week is the 1st) to get your audit in!
Some will say this might not be the case because UK will have a transition period. Some will say they have tasked someone internally to focus on this already and an experienced and totally independent third party pair of eyes is an unnecessary cost. Some will say this is Brexit scaremongering. That’s fine, I personally wouldn’t take the risk and if I was back in a Group Head of Resourcing role, I would have audited straight after the referendum.
I’ve been round the block a few times, looking at resourcing from every direction, outside and inside of some of the largest companies in the world, and I have every scar imaginable. So to those that do say any of these things, I wish them good luck.
To everyone else out there, that may not have started optimising their resourcing and talent strategy ahead of Brexit, I am taking just five bookings to run audits on a first come first serve basis. I’ve highlighted why it can only be five above, so that’s five audits for five smart leaders before the Brexit button is pressed and whatever awaits us plays out.
If you want to be one of the five and ensure your resourcing and talent strategy is optimised and Brexit proofed, please contact me ASAP. Unfortunately, once I’m booked, I’m booked!
All the very best.