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    Home»Top News»Kwale»Protect your staff from poaching by competitors through strategic talent management approach, organizations told.
    Kwale

    Protect your staff from poaching by competitors through strategic talent management approach, organizations told.

    Coast Times DigitalBy Coast Times DigitalSeptember 6, 2024Updated:September 13, 2024No Comments0 Views
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    By Mwanaharusi Rashid.

    Organizations have been urged to adopt strategic talent management practices to protect their best employees from being poached by competitors.

    The Chief Executive Officer of the Zamara Group Sundeep Raichura, said that the success of any organization is closely tied to its workforce.

    The need for organizations to create enabling work environments was a key point in his speech, one that he believes is essential for driving performance, motivation, innovation, and overall sustainability.

    Raichura noted that organizations often lose talent when they fail to provide the necessary conditions for their workforce to thrive. “To prevent talent poaching, organizations must focus on strategic talent management,” he said. “This involves creating a conducive work environment that fosters good performance, motivates employees, promotes innovation, and sustains the organization over the long term.”

    Beyond individual organizations, Raichura spoke about the broader challenges facing Africa as a continent when it comes to developing its workforce and raising its economic dividend.

    He identified several key obstacles, including skill gaps, the lack of inclusive workplaces, the disruption caused by rapidly advancing technology, and the insufficient exposure many African workers have to global trends and practices.

    These issues, Raichura explained, have prevented many African nations from fully capitalizing on their demographic dividend,a young and growing population that could drive economic growth if properly equipped with the right skills and opportunities.

    “Africa has a unique opportunity with its youthful population, but the challenges we face in terms of skill gaps and technology disruptions are holding us back,” he noted. Addressing these challenges, he argued, is crucial to ensuring that Africa’s workforce can compete on a global stage.

    Raymond Muthama, Chief People & Culture officer from Zamara group, echoed Raichura’s sentiments but added an important dimension to the conversation.

    According to Muthama, organizations should not focus solely on the fear of losing talent to competitors; instead, they should concentrate on providing value to their employees.

    “Organizations should not worry too much about retaining talent, they should worry about providing value to that talent,” Muthama stated.

    “If you provide a platform for meaningful work and growth within the organization, your talent pool will remain loyal. But if you don’t offer them opportunities to grow and express themselves, they will leave.”

    Muthama’s remarks underscored the importance of creating a workplace where employees feel they have the opportunity to develop their skills and contribute meaningfully to the organization’s success.

    He pointed out that employees today are looking for more than just a paycheck, they want opportunities to advance their careers, learn new skills, and make a real impact in their field. Without these opportunities, even the most talented employees will seek fulfillment elsewhere.

    *Africa’s Young Workforce and the Shift from Degrees to Skills*

    One of the most striking points raised during the interview was the immense potential of Africa’s workforce.

    Currently, 60% of the world’s workforce is in Africa, a statistic that speaks to the continent’s incredible human resource potential.

    However, this young and dynamic workforce faces significant challenges, particularly in terms of skill development and access to meaningful employment.

    Muthama stressed the importance of involving young talent in organizational growth, noting that many young workers in Africa are not given the chance to fully utilize their skills or grow within their current roles.

    He emphasized that businesses should invest in their younger employees by providing them with opportunities to develop their talents and take on leadership roles.

    This, he argued, is key to not only retaining talent but also ensuring that African businesses can remain competitive in the global economy.

    Muthama also touched on a growing trend in the modern workplace, the increasing emphasis on skills over formal degrees.

    While degrees were once seen as the primary indicator of an employee’s qualifications, Muthama explained that many organizations are now beginning to value practical skills more highly.

    “The place for a degree is diminishing with time,” he said. “People are beginning to appreciate skills more than formal education.”

    This shift is especially important in Africa, where many young people may not have the opportunity to pursue formal higher education but possess valuable skills that could contribute to their organizations.

    By prioritizing skills over degrees, African businesses can tap into a much larger and more diverse talent pool, helping to address the skills gap that Raichura spoke about earlier.

    In conclusion, both Raichura and Muthama provided valuable insights into how organizations can address the challenges of talent poaching and workforce development.

    By focusing on strategic talent management, providing meaningful work, and prioritizing skills over degrees, African businesses can create workplaces that not only attract top talent but also retain it.

    They both highlighted the importance of creating an enabling environment where employees are motivated, valued, and given opportunities for growth.

    As Africa continues to develop its workforce and address the challenges of skill gaps and technology disruptions, these strategies will be essential for ensuring that the continent can fully realize its economic potential.

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