Mitigating risks and securing the P&L from short term negative impact is always a priority, however it’s science and art combined how to balance that without causing long-term damage to the reputation of the organisation in the talent market.

Handling this balancing task well is actually one of the best opportunities to create competitive advantage in your industry, and position yourselves as first choice for potential talent that suits your business needs.

Some key components of these are:

• Business Continuity Plan for talent management
• Talent risk portfolio
• Active talent market management