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STRATEGIC TALENT MOBILITY:
  CONNECTING PERSONAL
      POTENTIAL TO
  ORGANIZATIONAL GOALS


   Thomas Stone
   Senior Research Analyst


                             TALENT INTELLIGENCE
When there is a position to be filled in your organization…




                                                   TALENT INTELLIGENCE
… why do managers so often decide to recruit outside talent?




                                                  TALENT INTELLIGENCE
Its because they don’t
have information
systems that can
match the job
requirements to the
profile of someone
who already works for
the organization.



                         TALENT INTELLIGENCE
However, promoting or hiring from within is usually the better
business decision.




                                                    TALENT INTELLIGENCE
This is because doing so:
› helps keep talent –
  knowledge, competence
  , skill – inside your
  organization
› costs the company less
› improves your reputation
  as an employer



                             TALENT INTELLIGENCE
DEFINITION



Talent mobility is the ability to
rapidly and strategically move
people from role to role and
function to function as business
needs change.



                          TALENT INTELLIGENCE
THE CRITICAL INTERSECTION

The need is to make the most of the people already in
place by balancing the experiences and skills that
organizations need to drive the business forward against
the capabilities and aspirations of each individual.


              Organization     Individual
                 Needs           Desires
               experiences     capabilities
                  skills       aspirations
              competencies




                                              TALENT INTELLIGENCE
RECENT TALENT MOBILITY RESEARCH

In 2011, Taleo Research commissioned comprehensive surveys
on Talent Mobility of:

500 HR decision makers in the UK   100 HR decision makers in Australia




  “UK Talent Mobility in 2011”      “Australia Talent Mobility 2011”


                                                        TALENT INTELLIGENCE
UK SURVEY MARKET BREAKDOWN




                             TALENT INTELLIGENCE
CONCLUSION OF THE RESEARCH


Organizations are at a talent tipping point:
aware of the strategic importance of talent
mobility but often held back because of data
and systems shortcomings.




                                    TALENT INTELLIGENCE
REASONS FOR RETENTION DIFFICULTIES


                               Percentage of Survey Respondents
                                                         UK
Better salaries / benefits packages offered by other
                     companies                                                         48

  Better opportunities offered by other companies                                   45
   Inability to find / create internal roles that meet
     employees’ capabilities / career aspirations                        31
   Lack of information internally about employees’
            capabilities / career aspirations                      23
                                                Other    2

                                  None of the above           19




                                                                        TALENT INTELLIGENCE
REASONS FOR RETENTION DIFFICULTIES


                               Percentage of Survey Respondents
                                                   Australia   UK
Better salaries / benefits packages offered by other                                        75
                     companies                                                48
  Better opportunities offered by other companies                                             78
                                                                             45
   Inability to find / create internal roles that meet                            51
     employees’ capabilities / career aspirations                      31
   Lack of information internally about employees’                     31
            capabilities / career aspirations                     23
                                                Other           19
                                                         2
                                  None of the above       4
                                                                19




                                                                            TALENT INTELLIGENCE
TALENT MOBILITY MOMENTUM -


In the UK…
› 71% agree that it is important for companies to be able to
  procactively and strategically move people from role to role
 – 82% Retail/Wholesale
 – 81% Construction/Manufacturing
› 57% say that the current economic climate has led to an
  increased focus on talent mobility
› 54% say they are more focused on retaining than recruiting talent


… the Australia survey provided similar results.

                                                    TALENT INTELLIGENCE
TALENT MOBILITY ALSO ON EMPLOYEES’ AGENDAS


% who agreed that “talent mobility is increasingly on employees’
agendas when they choose an employer”:
› 55% in Australia
› 51% in the UK
 – 65% Hospitality/Leisure companies
 – 33% Pharmaceutical companies




                                                  TALENT INTELLIGENCE
ORGANIZATIONAL CHARACTERISTICS


                 Percent rating their organization a 4 or 5 on 5-scale
                                                Australia   UK
A culture that supports the sharing of talent                               49
            across the company                                                       55
 Quality of leadership pipeline / successors                     36
                                                                                      57
               Employee engagement rates                                   46
                                                                                          59
    Processes that support the movement /                        37
    retention of talent within the company                                      50
   Ability to drive change / business growth                          41
                                                                                               64
                   Employee retention rates                                     50
                                                                                                66
Profitability compared to competitors in our                                    50
                   sector                                                            54



                                                                      TALENT INTELLIGENCE
TECHNOLOGY SUPPORT?


% of organizations who rate themselves above the sector average
for technology to support a strong talent mobility strategy:
› 40% in the UK
 – 10% lower than any other organizational characteristics
› 29% in Australia
 – 7% lower than any other organizational characteristics




                                                  TALENT INTELLIGENCE
IMPACT OF TALENT MOBILITY TECHNOLOGY




                                       TALENT INTELLIGENCE
TECHNOLOGY IN AUSTRALIA




                          TALENT INTELLIGENCE
TECHNOLOGY IN THE UK




 Average = 10% using dedicated talent management systems



                                                      TALENT INTELLIGENCE
VERTICAL, HORIZONTAL, GEOGRAPHICAL

                   Percent stating to be effective at…
                                   UK     Australia
        61
                 49                 52
                                             36
                                                              29        27




   Vertical movement or         Horizontal or lateral   Geographic movement of
promotion of people within      movement of people         people into different
departments, functions, into         between             sites, regions, countries
         senior roles          departments, business
                                  units, functions




                                                                 TALENT INTELLIGENCE
TALENT MOBILITY MATURITY MODEL




                                 TALENT INTELLIGENCE
TALENT MOBILITY MATURITY MODEL, CONT.




                                        TALENT INTELLIGENCE
TALENT MOBILITY MATURITY MODEL, CONT.




                                        TALENT INTELLIGENCE
UK ORGANIZATIONS

Very few organizations rate themselves as strategic on all ten
factors (or tactical on all ten factors). Therefore, respondents
have been allocated to each of three segments based on their
relative strategic scores.




                                                    TALENT INTELLIGENCE
BREAKDOWN FOR UK ORGANIZATIONS




                                 TALENT INTELLIGENCE
TALENT PROFILES IN AUSTRALIA




                               TALENT INTELLIGENCE
IMPACT OF STRATEGIC TALENT MOBILITY


Percent in UK rating their organization above sector average




                                                  TALENT INTELLIGENCE
TOP BARRIERS TO IMPROVING TALENT MOBILITY

              Top three barriers to improving talent mobility (% respondents)
                                       UK      Australia

                    52                             52
                                                                                48


         31                             30                             31




 Lack of visibility into talent   Quality and reliability of   Lack of systems / technology
   gaps and opportunities          employee talent data         to support talent mobility
                                                                         initiatives




                                                                        TALENT INTELLIGENCE
THE NEED FOR BETTER QUALITY DATA AND INSIGHT

Australian organizations indicating they would benefit from better quality
data and inisght for :




                                                          TALENT INTELLIGENCE
TALENT INTELLIGENCE MEANS BETTER DATA AND INSIGHT


How do you get better data and
insight?
By leveraging what we call
talent intelligence –
consistent, readily available
information from
Recruiting, Performance
Management, Succession
Planning, Compensation, and
Learning and Development.



                                       TALENT INTELLIGENCE
TALENT INTELLIGENCE FOR MEASURING AND MANAGING

Such talent intelligence analytics help you better measure
and manage your career development programs.




                                          TALENT INTELLIGENCE
TALENT INTELLIGENCE FOR BETTER TALENT MOBILITY


Such talent intelligence
ultimately leads to
improved talent mobility
and better business
performance over the
long term.




                                      TALENT INTELLIGENCE
KEY TAKEAWAYS

Talent Intelligence  Better Data and Insights  Talent Mobility


Benefits of strong talent mobility include:
› Shorter time to productivity.
› Greater employee engagement & retention.
› Lower talent acquisition costs.
› Streamlined information flow.
› Limited competitive intelligence leakage.
› Stronger leadership teams.
› Better financial performance.


                                                   TALENT INTELLIGENCE
TALEO RESEARCH WHITEPAPERS AND BRIEFS


Taleo Research whitepapers and briefs:
› UK Talent Mobility 2011 (12 pg)
 http://www.taleo.com/researchpaper/uk-talent-mobility-2011


› Australia Talent Mobility 2011 (16 pg)
 http://www.taleo.com/researchpaper/australia-talent-mobility-2011


› Talent Mobility: The Need for Insight at the Point of Action (4 pg)
 http://www.taleo.com/researchpaper/talent-mobility-need-insight-point-action




                                                              TALENT INTELLIGENCE
WANT MORE? TALEO RESEARCH WHITEPAPERS

› Talent Mobility (12 pg)
 http://www.taleo.com/researchpaper/talent-mobility

 Includes the “Five P’s of Internal Mobility”:
 – Purpose Clarity, Policy Guidelines, Process Design, Platform
   Capability, Performance Measures

› The Payback from Talent Mobility (11 pg)
 http://www.taleo.com/researchpaper/payback-talent-mobility

 Covers three critical drivers:
 – Cost of Turnover, Time to Productivity, Employee Engagement



                                                              TALENT INTELLIGENCE
Q&A
Thomas Stone                              Twitter:
Senior Research Analyst, Taleo Research   @TaleoResearch
tstone@taleo.com                          @ThomasStone




                                            TALENT INTELLIGENCE

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Strategic Talent Mobility: Connecting Personal Potential to Organizational Goals

  • 1. STRATEGIC TALENT MOBILITY: CONNECTING PERSONAL POTENTIAL TO ORGANIZATIONAL GOALS Thomas Stone Senior Research Analyst TALENT INTELLIGENCE
  • 2. When there is a position to be filled in your organization… TALENT INTELLIGENCE
  • 3. … why do managers so often decide to recruit outside talent? TALENT INTELLIGENCE
  • 4. Its because they don’t have information systems that can match the job requirements to the profile of someone who already works for the organization. TALENT INTELLIGENCE
  • 5. However, promoting or hiring from within is usually the better business decision. TALENT INTELLIGENCE
  • 6. This is because doing so: › helps keep talent – knowledge, competence , skill – inside your organization › costs the company less › improves your reputation as an employer TALENT INTELLIGENCE
  • 7. DEFINITION Talent mobility is the ability to rapidly and strategically move people from role to role and function to function as business needs change. TALENT INTELLIGENCE
  • 8. THE CRITICAL INTERSECTION The need is to make the most of the people already in place by balancing the experiences and skills that organizations need to drive the business forward against the capabilities and aspirations of each individual. Organization Individual Needs Desires experiences capabilities skills aspirations competencies TALENT INTELLIGENCE
  • 9. RECENT TALENT MOBILITY RESEARCH In 2011, Taleo Research commissioned comprehensive surveys on Talent Mobility of: 500 HR decision makers in the UK 100 HR decision makers in Australia “UK Talent Mobility in 2011” “Australia Talent Mobility 2011” TALENT INTELLIGENCE
  • 10. UK SURVEY MARKET BREAKDOWN TALENT INTELLIGENCE
  • 11. CONCLUSION OF THE RESEARCH Organizations are at a talent tipping point: aware of the strategic importance of talent mobility but often held back because of data and systems shortcomings. TALENT INTELLIGENCE
  • 12. REASONS FOR RETENTION DIFFICULTIES Percentage of Survey Respondents UK Better salaries / benefits packages offered by other companies 48 Better opportunities offered by other companies 45 Inability to find / create internal roles that meet employees’ capabilities / career aspirations 31 Lack of information internally about employees’ capabilities / career aspirations 23 Other 2 None of the above 19 TALENT INTELLIGENCE
  • 13. REASONS FOR RETENTION DIFFICULTIES Percentage of Survey Respondents Australia UK Better salaries / benefits packages offered by other 75 companies 48 Better opportunities offered by other companies 78 45 Inability to find / create internal roles that meet 51 employees’ capabilities / career aspirations 31 Lack of information internally about employees’ 31 capabilities / career aspirations 23 Other 19 2 None of the above 4 19 TALENT INTELLIGENCE
  • 14. TALENT MOBILITY MOMENTUM - In the UK… › 71% agree that it is important for companies to be able to procactively and strategically move people from role to role – 82% Retail/Wholesale – 81% Construction/Manufacturing › 57% say that the current economic climate has led to an increased focus on talent mobility › 54% say they are more focused on retaining than recruiting talent … the Australia survey provided similar results. TALENT INTELLIGENCE
  • 15. TALENT MOBILITY ALSO ON EMPLOYEES’ AGENDAS % who agreed that “talent mobility is increasingly on employees’ agendas when they choose an employer”: › 55% in Australia › 51% in the UK – 65% Hospitality/Leisure companies – 33% Pharmaceutical companies TALENT INTELLIGENCE
  • 16. ORGANIZATIONAL CHARACTERISTICS Percent rating their organization a 4 or 5 on 5-scale Australia UK A culture that supports the sharing of talent 49 across the company 55 Quality of leadership pipeline / successors 36 57 Employee engagement rates 46 59 Processes that support the movement / 37 retention of talent within the company 50 Ability to drive change / business growth 41 64 Employee retention rates 50 66 Profitability compared to competitors in our 50 sector 54 TALENT INTELLIGENCE
  • 17. TECHNOLOGY SUPPORT? % of organizations who rate themselves above the sector average for technology to support a strong talent mobility strategy: › 40% in the UK – 10% lower than any other organizational characteristics › 29% in Australia – 7% lower than any other organizational characteristics TALENT INTELLIGENCE
  • 18. IMPACT OF TALENT MOBILITY TECHNOLOGY TALENT INTELLIGENCE
  • 19. TECHNOLOGY IN AUSTRALIA TALENT INTELLIGENCE
  • 20. TECHNOLOGY IN THE UK Average = 10% using dedicated talent management systems TALENT INTELLIGENCE
  • 21. VERTICAL, HORIZONTAL, GEOGRAPHICAL Percent stating to be effective at… UK Australia 61 49 52 36 29 27 Vertical movement or Horizontal or lateral Geographic movement of promotion of people within movement of people people into different departments, functions, into between sites, regions, countries senior roles departments, business units, functions TALENT INTELLIGENCE
  • 22. TALENT MOBILITY MATURITY MODEL TALENT INTELLIGENCE
  • 23. TALENT MOBILITY MATURITY MODEL, CONT. TALENT INTELLIGENCE
  • 24. TALENT MOBILITY MATURITY MODEL, CONT. TALENT INTELLIGENCE
  • 25. UK ORGANIZATIONS Very few organizations rate themselves as strategic on all ten factors (or tactical on all ten factors). Therefore, respondents have been allocated to each of three segments based on their relative strategic scores. TALENT INTELLIGENCE
  • 26. BREAKDOWN FOR UK ORGANIZATIONS TALENT INTELLIGENCE
  • 27. TALENT PROFILES IN AUSTRALIA TALENT INTELLIGENCE
  • 28. IMPACT OF STRATEGIC TALENT MOBILITY Percent in UK rating their organization above sector average TALENT INTELLIGENCE
  • 29. TOP BARRIERS TO IMPROVING TALENT MOBILITY Top three barriers to improving talent mobility (% respondents) UK Australia 52 52 48 31 30 31 Lack of visibility into talent Quality and reliability of Lack of systems / technology gaps and opportunities employee talent data to support talent mobility initiatives TALENT INTELLIGENCE
  • 30. THE NEED FOR BETTER QUALITY DATA AND INSIGHT Australian organizations indicating they would benefit from better quality data and inisght for : TALENT INTELLIGENCE
  • 31. TALENT INTELLIGENCE MEANS BETTER DATA AND INSIGHT How do you get better data and insight? By leveraging what we call talent intelligence – consistent, readily available information from Recruiting, Performance Management, Succession Planning, Compensation, and Learning and Development. TALENT INTELLIGENCE
  • 32. TALENT INTELLIGENCE FOR MEASURING AND MANAGING Such talent intelligence analytics help you better measure and manage your career development programs. TALENT INTELLIGENCE
  • 33. TALENT INTELLIGENCE FOR BETTER TALENT MOBILITY Such talent intelligence ultimately leads to improved talent mobility and better business performance over the long term. TALENT INTELLIGENCE
  • 34. KEY TAKEAWAYS Talent Intelligence  Better Data and Insights  Talent Mobility Benefits of strong talent mobility include: › Shorter time to productivity. › Greater employee engagement & retention. › Lower talent acquisition costs. › Streamlined information flow. › Limited competitive intelligence leakage. › Stronger leadership teams. › Better financial performance. TALENT INTELLIGENCE
  • 35. TALEO RESEARCH WHITEPAPERS AND BRIEFS Taleo Research whitepapers and briefs: › UK Talent Mobility 2011 (12 pg) http://www.taleo.com/researchpaper/uk-talent-mobility-2011 › Australia Talent Mobility 2011 (16 pg) http://www.taleo.com/researchpaper/australia-talent-mobility-2011 › Talent Mobility: The Need for Insight at the Point of Action (4 pg) http://www.taleo.com/researchpaper/talent-mobility-need-insight-point-action TALENT INTELLIGENCE
  • 36. WANT MORE? TALEO RESEARCH WHITEPAPERS › Talent Mobility (12 pg) http://www.taleo.com/researchpaper/talent-mobility Includes the “Five P’s of Internal Mobility”: – Purpose Clarity, Policy Guidelines, Process Design, Platform Capability, Performance Measures › The Payback from Talent Mobility (11 pg) http://www.taleo.com/researchpaper/payback-talent-mobility Covers three critical drivers: – Cost of Turnover, Time to Productivity, Employee Engagement TALENT INTELLIGENCE
  • 37. Q&A Thomas Stone Twitter: Senior Research Analyst, Taleo Research @TaleoResearch tstone@taleo.com @ThomasStone TALENT INTELLIGENCE

Notes de l'éditeur

  1. Others were:Lack of alignment with strategic business planning processLack of Executive-level sponsorshipCultural reluctance to share talent between departments / across the organisationOtherNone of the above
  2. This data cannot be collected as an afterthought or as a separate process. If this data collection is not captured and maintained through day-to-day talent processes, it quickly becomes out-dated and counterproductive. Companies can solve this problem by implementing a single, unified talent management system and data model. This allows users to access and manage talent data as part of the normal process of hiring, onboarding, conducting performance reviews, and creating development plans for their employees.