EPAM Systems
Aligning IT and People Teams for Talent Management
Pages
22
Time to read
21 mins
Publication
Language
English
Pages
22
Time to read
21 mins
Publication
Language
English
This research report investigates the alignment between IT and people teams in managing technology talent. It highlights the challenges organizations face in hiring, developing, and retaining skilled technical professionals amidst a competitive landscape. The report reveals that only 13% of surveyed leaders are satisfied with their current talent development strategies, indicating a significant disconnect between existing approaches and desired outcomes. The findings emphasize the urgency for organizations to reevaluate their talent management strategies, as high turnover rates and ineffective hiring practices can lead to operational inefficiencies and increased costs. Additionally, the report discusses the frustrations technologists experience with tooling, micromanagement, and bureaucratic processes, which contribute to their decisions to leave organizations. The document outlines the need for a structured governance framework and transparent goals to enhance talent management practices, ensuring they align with organizational objectives and effectively address the evolving needs of the workforce.