HirerBusiness

Developing Emerging Talent

The Importance of Developing Emerging Talent

For businesses, nurturing emerging talent is more than just filling a role – it’s about investing in future professionals who can drive growth and innovation. Students, graduates, and early-career professionals bring fresh energy and cutting-edge skills, making them essential for companies aiming to stay relevant. By providing opportunities for mentorship, professional development, and a supportive environment, businesses can help new talent thrive, ensuring long-term success and a strong internal talent pipeline.

Accelerating Development through Mentorship Programs

Pairing emerging talent with experienced mentors is one of the most effective ways to accelerate their growth. Mentors provide valuable insights, guidance, and support, helping new hires navigate the complexities of the workplace. Through mentorship, emerging talent can develop leadership skills, build confidence, and better understand industry nuances. These relationships foster a collaborative environment where knowledge is shared, ensuring that future professionals are not only well-prepared but also aligned with the company’s goals and culture.

Fostering Skill Growth

Offering professional development opportunities is key to helping emerging talent thrive. Workshops, courses, and certifications provide new hires with the tools they need to sharpen their skills and stay current with industry trends. These programs not only enhance their expertise but also signal that your company is invested in their long-term growth. Whether it’s technical training or leadership development, structured learning opportunities give emerging talent the confidence and knowledge they need to contribute meaningfully and advance within the organisation.

Providing a Supportive Work Environment

A positive work environment plays a vital role in the development of emerging talent. When businesses cultivate a culture that values collaboration, open feedback, and inclusivity, new hires are more likely to thrive. Encouraging teamwork and diverse perspectives fosters innovation, while regular feedback helps employees stay on track and grow. Inclusivity ensures that every individual feels valued, contributing to higher engagement and retention. A supportive environment empowers emerging talent to take initiative, build confidence, and succeed.

Empowering Emerging Talent with Responsibility

One of the most effective ways to develop emerging talent is by giving them real responsibility early on. Many graduates have expressed that being trusted with important tasks and projects was what they valued most in their graduate schemes. By assigning meaningful responsibilities, businesses demonstrate trust in their new hires and create a space for them to learn through experience. This hands-on approach not only accelerates their growth but also builds confidence and decision-making skills. When graduates feel trusted and supported, they are more likely to push boundaries, innovate, and contribute to the business’s long-term success. Encouraging responsibility from the start empowers them to fully engage in their roles and make meaningful contributions.

Driving Growth Through Graduate Schemes

Leading companies recognise the immense value in developing emerging talent through graduate schemes, which demonstrate how investing in graduates can be a smart, long-term strategy for business growth. These programs help nurture fresh perspectives, drive innovation, and build a future pipeline of skilled professionals.

Barclays’ graduate programmes provide extensive support and development opportunities. Participants receive tailored coaching, 365-day self-paced learning, and networking opportunities with experts and leaders across the global organisation. The induction focuses on core skills, Barclays’ values, and sustainability, with ongoing technical and leadership training. Graduates also gain lifetime membership to Barclays’ Graduate Community, offering continued learning through Learning Labs and access to professional qualifications. Throughout the journey, graduates are equipped with the tools needed for success in a large, evolving business environment combining real-world experience with leadership development. 

BT (British Telecom) offers a variety of graduate schemes across fields such as technology, business management, engineering, and cybersecurity. These programs are designed to provide graduates with practical, hands-on experience from day one, allowing them to work on real projects that contribute to BT’s operations. Participants benefit from structured learning, mentorship, leadership training, and networking opportunities, equipping them with the skills needed to excel in their specific areas of interest and in the broader telecommunications industry.

The graduate schemes typically last two years and include both professional training and personal growth opportunities, helping fast-track participants into leadership roles. BT’s approach is to foster a deep understanding of the field while offering continuous support throughout the program.

Underlining their commitment to building future talent, BT announced plans to recruit more than 500 apprentices and graduates for its September 2024 intake. Elaine Bergin, Director of Colleague Experience, BT Group said “As we build a better BT Group, we’re developing a pipeline of future talent to help grow our business, deliver great outcomes for our customers, and to help underpin economic growth in the UK.” 1

The John Lewis Partnership offers several graduate schemes across different areas of the business. These include the Waitrose Leadership Scheme, a three-year program designed to develop future leaders with hands-on experience in both branch and head office settings. The John Lewis Merchandising Scheme is another standout, where previous graduates started by managing large volumes of stock weekly, progressing to more senior merchandising roles after 18-24 months. Other programs include the John Lewis Retail Management, Buying, Finance, and Technology Schemes, which offer structured learning, mentorship, and the opportunity for professional qualifications such as CIMA for finance graduates. These programs provide a combination of practical experience, personal development, and leadership training, ensuring participants gain a comprehensive understanding of the business.

Tracking Talent Growth and Program Effectiveness

To ensure that efforts in developing emerging talent are effective, it’s crucial to track key metrics. Businesses can measure success through employee retention rates, promotions, and leadership development. Other indicators include performance improvements, skill acquisition through certifications or courses, and employee satisfaction scores. Regular reviews and feedback sessions also help gauge the progress of mentorship and professional development programs. By using these metrics, companies can refine their strategies, ensuring continuous growth for both the talent and the business.

Investing in Emerging Talent for Long-Term Success

Investing in emerging talent is an investment in the future of your business. By offering mentorship, professional development, and a supportive work environment, companies can cultivate a workforce that is not only skilled but also loyal and engaged. Developing these future leaders ensures long-term growth, innovation, and a competitive edge. Businesses that prioritise emerging talent today are better positioned to succeed in the ever-evolving marketplace of tomorrow.

Sources:

1BT Group Newsroom, January 2024