Talent Management Must Be Strategic for Nonprofits
People are the keys to success for your nonprofit organization today. Nonprofits face more Talent Management challenges than any other industry. You need staff and volunteers who understand the values of your cause, nurture your donor relationships, and whom you can trust to drive your mission to new heights. It takes great people to help people. Your nonprofit’s Talent Management strategy is vital to ensuring your organization’s mission success.
However, a recent survey of 400 nonprofits revealed that 75% of nonprofits do not have a formal Talent Management strategy. This is quite alarming considering the Post-Covid impact of the Great Resignation. We have worked with several nonprofits over the years to help them improve their talent outcomes. During this time we have complied best practices on the Top 5 Areas Nonprofits Need to Focus on to Win the War for Talent and wanted to share these.
1. Develop or Refine your Talent Management Strategy
Your nonprofit’s mission is your organization’s ultimate goal. The most impactful and successful nonprofit organizations ensure their talent strategy aligns with their mission. Leaders in nonprofit organizations must adopt a mindset that in order to achieve their long-term goals, it will require a clearly defined talent management strategy focused on having the right people, processes, and systems in place to achieve it.
Successful talent management strategies analyze and measure progress at each step of the recruiting, hiring, onboarding, and training process to make sure you attract and retain the right talent to help your nonprofit succeed. Your overall business strategy will drive your talent management.
To learn more check out our webinar recording: The Practical Guide to Supercharging Your Talent Management Strategy
2. Utilize Talent Insights
Talent Insights allows nonprofits to quickly gauge where they stand and what aspects need to be dealt with to align with their talent strategy and performance standards.
Nonprofit Executives and HR must analyze Insights to measure the effectiveness of their hiring, onboarding, and training processes to confidently and effectively make the best talent decisions. Having Talent Insights available allows nonprofits to quickly gauge where they stand and what adjustments need to be made to align with their talent strategy and performance standards.
To learn more check out our webinar recording: How Talent Insights Help Nonprofits Win the War for Talent
3. Expand your Talent Pool
A talent pool is a database of potential job candidates that have been identified with the potential to meet an organization’s immediate and long-term needs. To build a talent pool, HR must always be conscious of their organization’s changing objectives and leverage their defined talent strategy with a structured approach (job marketing) to identify the talent needed to carry out the mission.
How big is your talent pool? Does it just include those that applied to your job posting? If your answer is yes, this will no longer suffice in today’s competitive and constantly changing hiring landscape and needs to be expanded to be part of a successful talent strategy.
To learn more check out our webinar recording: Get 3x More Qualified Candidates and Support Your Nonprofit Mission by Building a Great Talent Pool
4. Improve your Talent Experience
As you begin to expand your talent pool, you need to develop an efficient and effective candidate journey to ensure you are attracting the best talent. The talent experience includes how and what you promote on job boards, the length of your application, communication through the entire recruiting process, onboarding logistics, and the onboarding experience. From the beginning to the end of the hiring process, what matters most is that candidates have a harmonious, positive experience. In the long term, your goal should be an overarching focus on elevating organizational culture and employee retention.
To learn more check out our webinar recording: Elevate Your Talent Experience to Attract and Retain Top Talent
5. Grow your Talent
After a candidate is selected and hired, it is necessary to ensure a successful employee experience to increase the retention rate and avoid high levels of employee turnover. Successful training begins with onboarding training events, like videos on the history of your nonprofit, the current and future direction of your organization and its mission, and a virtual introduction to senior management. Focusing on training and a culture of learning and development is a critical aspect that begins upon hire and helps preserve an organization’s skill base to carry out organizational goals.
To learn more check out our webinar recording: Grow Your Talent to Ensure Successful Mission Outcomes
Helping Nonprofits Improve Talent Management Outcomes
Visibility Software supports nonprofits with consulting and impactful tools to achieve great recruiting, onboarding, training, and insights outcomes. We understand that nonprofit talent managers carry a heavy load. We are here to help you stop feeling overburdened, so you can build the strategy along with the processes that deliver great Talent Management outcomes.
If you need some help from an experienced nonprofit Talent Management partner to identify your goals, processes, and challenges we can help. Schedule a complimentary Talent Acquisition Strategy Consulting Session today.