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Future of Work Q2 2022

Strategic talent development is a growing imperative for business

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Aisling Soden

Talent Transformation & Innovation Manager, IDA Ireland

Attracting and retaining talent as well as building agile and resilient organisations are key challenges faced by businesses today.


Enterprise’s capacity for long-term sustainable growth will be greatly enhanced by developing the mindset and capabilities to address key working challenges on an on-going basis.

Working with our client companies, we have identified leadership and strategic talent development as key areas of focus to ensure the sustainable growth of multinational company (MNC) subsidiary sites in Ireland.

Strategic talent development

A key factor in attracting and retaining talent is providing employees with opportunities for growth; supporting career paths that develop their skills, generate promotion opportunities and allow them to make a meaningful contribution to the organisation. All of which must align with delivering on the business strategy and addressing strategic business challenges. This requires strategic talent development planning and management; essential to meet changing demands and the future of work.

The certainty of change means business must balance daily operations with a future focused, entrepreneurial mindset.

Recognising the importance of talent planning, IDA Ireland, in partnership with Skillnet Ireland, has developed a strategic development programme to support our client companies build a robust talent development plan and build capabilities as an approach to long term talent development.

Leading for the future

The certainty of change means business must balance daily operations with a future focused, entrepreneurial mindset. Leadership teams in multinational subsidiaries in Ireland need to be able to strategically position the Irish site within their global operation and build their long-term, added value to the corporate entity. In doing so they create the conditions for future inward investment and sustainable growth. An important aspect of this is succession planning, developing the future site leaders who can strategically manage the organisation at global level and contribute to global decision-making.

To address the challenges faced by current and future MNC leaders, IDA and IMI have designed ‘Leading with Strategic Intent’ and ‘Future Subsidiary Leaders’ programmes. These programmes support current and future leaders to develop the capacity and strategies to influence the future strategic direction and long-term sustainability of the organisation.

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