Talent Challenges Supriya Dhanda
1) Most companies struggle with talent challenges, with only 18% claiming to have won the talent war and 10% feeling completely lost. 2) Understanding the business model and strengths as well as the talent pyramid within the organization are important for addressing top talent challenges. 3) The top 5 talent challenges companies face are attracting the right talent at all levels, creating a value differentiator, developing leadership pipelines, keeping talent practices current, and defining a talent strategy around buying versus building talent. 4) To effectively address talent challenges, companies should define linkages between business and talent strategies upfront, engage leadership teams, plan talent strategies, and define metrics and measures.
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Talent Challenges Supriya Dhanda
- 1. Talent Transformation & Growth Challenges Supria Dhanda HR Summit- 2010
- 3. Thoughts to share… Knowing the ‘Business’ of the Organization Understanding The ‘Talent’ Pyramid Top 5 Talent Challenges across What May work
- 5. Understanding the Talent Pyramid Leadership At the Top Operating Managers in the Middle Entry Level at the Solid Bottom ? Is this the Right Leadership ? Is this a ‘Team’ in action ? Is this Team ‘Hungry to win’ e.g. G.E. – Leadership Development ? How ‘empowered’ are they ? How do we ‘develop’ them ? How ‘engaged’ are they Eg. IBM trying to put a metric on this ? Do we ‘communicate’ enough ? Do we ‘Reach out’ & ‘Listen’ ? Do we provide ‘Careers’ Eg. Walmart rewards Top execs for developing talent Organizational Culture where Talent Management Is Key Priority & Talents Feels ‘ Valued’
- 6. Top 5 Challenges Attracting the ‘Right Talent’ across All levels * Hiring Practices , What do we look for, when we hire Creating a ‘Value Differentiator’ * Diverse work force… Developing a ‘Robust Leadership Pipeline’ * Succession Planning Keeping ‘Talent Management’ Practices…current * Engaging young talent, faster promotions…growth tracks Defining Talent Strategy- Buy Vs Build * Talent as investment, Invest to win
- 7. What may work… ‘Up- Front’ Defining the Business linkages ‘Upfront’- Talent Strategy & Business strategy to be in ‘synch ’ Engage the Leadership Team ‘Upfront’ Plan the Talent Strategy ‘Upfront’ Define the Metrics & Measures ‘Upfront’
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