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1
ACCENDO
A m a z e E v e r y o n e
ACCENDO
A m a z e E v e r y o n e
1 Shape job architectures to enable agile career paths
2 Assess behaviours to prepare talent for a digital mindset
3 Guide talent for success in current and future roles
Succession Planning For 2021 and Beyond:
A Leadership Pipeline For The New Business Environment
19th January 2021
ACCENDO
A m a z e E v e r y o n e
2
ACCENDO
A m a z e E v e r y o n e
With You Today
Sharma Lachu
CEO
Accendo
Ishita Bandyopadhyay
Director Human Capital Solutions
Aon
3
ACCENDO
A m a z e E v e r y o n e
Let’s Talk About 2021
2021
HR’s current
state
Business
expectations
Finding Alignment Between HR Agenda and Business Expectations
• Finding a standardized
approach
• Building long term plans
• Operational excellence
• Building an agile structure
• Quicker reviews of strategy
• Antifragility
4
ACCENDO
A m a z e E v e r y o n e
Antifragility in 2021
At Risk Resilient Antifragile
Purpose/St
rategy/Bus
iness
Model
Unaware of assumptions
our purpose, business
model, how we win,
depends on
Purpose/business model
crafted to survive
expected environmental
changes
• Purpose/business
model crafted to benefit
from expected
changes.
• Continuous questioning
viability
• Adapting
Culture/Se
nsing/Lear
ning
• Closed, hierarchical,
siloed culture
• Lack of diversity
• Listening to weak
signals
• Fast information
diffusion
• Sense making
• Diverse workforce
• Externally collaborative
• Ecosystem learning
• Learn through teaching
5
ACCENDO
A m a z e E v e r y o n e
Achieving Great Succession Planning in 2021
Who are the people we’ll need What are the processes we’ll need
6
ACCENDO
A m a z e E v e r y o n e
The Changing Role of Leadership
Increased business complexity
Faster product innovation cycles, Omni-
channel business and ever-growing eco-
system of partner companies
Constant change
Digitalisation enables faster decision-
making and execution
Technological advancements
Rapid development within IT and
innovation technology
Good leaders are able to simplify all three for their employees.
They encourage their employees to harness technology and subsequently create a competitive advantage.
Good leaders are able to innovate and collaborate in new ways and are humble enough to move into a role of
a facilitator. They act as agents of change - sparking a multiplying effect across their areas of responsibility.
7
ACCENDO
A m a z e E v e r y o n e
Leadership in the Digital World
Leadership for digital transformation
Many organizations are struggling with their digital
transformation journeys, caused by the lack of digital, but
also leadership capabilities.
Only
35%
say they have the leadership capabilities
required for digital transformation
The most digitally mature companies are
4x
as likely to be developing needed digital leaders
than the least digitally mature companies
Developing the right leaders
It is important to develop – not just have – digital leaders.
The most digitally mature companies still report needing new
leaders, but they are also taking steps to develop them.
8
ACCENDO
A m a z e E v e r y o n e
Digital Leader Model
Agile Mindset
Leading Change
Driving Business
o Learnability
o Agility
o Curiosity
o Drive to Lead
o Championing Collaboration
o Humility
o Empowerment
o Handling Data
o Strategic Solutioning
o Business Acumen
o Digital Communication
o Mental Endurance
9
ACCENDO
A m a z e E v e r y o n e
Digital Leader Model: 3 Pillars
Agile
Mindset
Leading
Change
Driving
Business
Agile Mindset is about being open-minded and learning-oriented, willing to reflect own strengths
and weaknesses, intellectually curious and displaying positive attitude towards change and
development.
Driving Business is about global networking, identifying and developing business opportunities,
generating solutions and taking calculated risks, and ultimately driving business success. It is also
about integrity, reliability and resilience which are needed to handle pressure and continuous
regulatory changes.
Leading Change is about showing interest in leadership in a volatile work environment, promoting
and inspiring collaboration, empowering team members to embrace change and drive their self-
development, being self-aware and willing to move into a role of a humble facilitator.
10
ACCENDO
A m a z e E v e r y o n e
Organisation
structure
Hierarchical
business functions
Projects, squads,
shared service
Teams
and projects
Teams formed
over time
Teams form and
dissolve quickly
Flexibility
and space
People assigned jobs
by managers
People sought out
based on skills
Jobs
and roles
Job descriptions,
job levels and titles
Assignment, tasks,
expert roles
Careers
Jobs are ‘owned’
by the managers
Jobs open in
transparent
marketspace
Managers
Managers ‘own’
teams & career paths
Managers
manage projects,
sponsor people
Rewards
Basis level,
tenure, experience
Basis outcomes,
reputation,
sponsorship
Culture
Inclusion,
sustainability, diversity
Citizenship,
collective thinking,
shared values
Agile Organizations: New Relationships
As job architectures evolve around Craftsmen, there is downstream impact on team structures and processes. Structures become
project-based, teams form and dissolve quickly, and jobs are linked to projects and assignments.
Designing
Future Jobs
From To From
11
ACCENDO
A m a z e E v e r y o n e
Talent Fitment with Evolving Jobs
35%
Problem Solving
Degree of complexity and
judgement required
28%
Knowledge
Level of knowledge,
and how it’s applied
17%
Interaction
Level of communication
and cultural complexity
11%
Accountability
Financial scope and
breadth of the role
9%
Impact
Geographic span and
time horizon
Key factors for role impact and talent mobility
Uncovering new
career paths
Traits assessed currently for digital readiness
22%
39%
69%
63%
Agility:
flexibility adapting to
changing situations
Curiosity:
being curious and open
to change and novelty
Learnability:
seeking continual
self-improvement
All three:
Learnability, Agility
and Curiosity
Source: Aon, n=663
Source: Aon, n=663
12
ACCENDO
A m a z e E v e r y o n e
Case study:
Building an agile workforce at a worldwide investment bank
“So now talent leaders know
what the development
priorities are at different parts
of the organization. They
know which people need
additional support and
resources to become more
agile”
Helping Employees fit into Agile
Job Roles
• Fast-paced financial environment
• Swiftly adapt to consumer expectations
• Shift to a nimble model, rapid iterations
• Connect code to business results
Building a Strategic Development Center
Agile Project
Managers
Scrum
Masters
Area Team
Leaders
Project
Owners
Uncovering new
career paths
Demonstrate the commitment in investing in
people throughout the transformation
Communication
Challenge
Custom development report, as well as follow-up
courses to help develop their skill sets
Strengths and
Weaknesses
92% of participants took training actions,
significantly increase readiness for agile roles
Capabilities
Development
Behavioral
styles survey
agileChat Coach and
employee
interview
Coach,
manager and
employee
feedback
session
Ongoing
manager and
employee
dialogue
13
ACCENDO
A m a z e E v e r y o n e
15%
19%
31%
47%
0% 20% 40%
First-time managers
All candidates
All employees
Key talent
Source: Aon, n=663
Key Talent Segments
`Current Assessment Focus for Digital Readiness
Guiding talent
for success
First-time managers are often first ones to be impacted, a greater emphasis on measuring their readiness is critical.
Characteristics of ‘Digital Leaders’
Leading Change
Driving Business
Agile Mindset
o Learnability
o Agility
o Curiosity
o Drive to Lead
o Championing Collaboration
o Humility
o Empowerment
o Handling Data
o Strategic Solutioning
o Business Acumen
o Digital Communication
o Mental Endurance
14
ACCENDO
A m a z e E v e r y o n e
Learning Culture
Self-paced learning with a strong learning culture helps to acquire new skills
and behaviours seamlessly
29%
43%
52%
57%
64%
0% 20% 40% 60% 80%
Group learning journeys
Self paced learning
Link new roles to individual aspirations
Mentor for increased effectiveness
Clear development plans
Source: Aon, n=663
Future Jobs Finder is freely accessible via futurejobsfinder.vodafone.com
Approaches to support talent during transformation
Case study
15
ACCENDO
A m a z e E v e r y o n e
Achieving Great Succession Planning in 2021
Who are the people we’ll need What are the processes we’ll need
16
ACCENDO
A m a z e E v e r y o n e
Stepping Outside HR for a View
To get some perspective on how HR should be thinking about Succession Planning, we can look to an industry
where Talent Strategies are.. Talked about 5 x more, Budgets are 10 x more, and Results Yield are 20 x more
Why Sports?
• Constant player succession data collection, despite once
a year transfer window
• Hyper-personalized training upon selection
• The Talent Pooling Model, ensuring succession ease for
players and managers
17
ACCENDO
A m a z e E v e r y o n e
Understand Your Talent Risk in 2021
See if your organization is facing the same
talent risk as most businesses in the market
1. Build a catalog of top potential talent risks that
seem more likely to affect the business based
on characteristics of the business
2. HR leaders should conduct a rigorous, formal
evaluation to determine which risks are most
likely to occur and to impact the execution of
future business strategy
3. HR must then formulate an effective risk
mitigation plan to be communicated to
shareholders to anticipate rather than react
4. Stress testing these mitigation plans leads to an
antifragile organization
18
ACCENDO
A m a z e E v e r y o n e
Changes in 2021 That Will Impact Succession Planning.. Drastically
Transforming
jobs & success
profiles
Evolving
work policies &
practices
Shortening
skill shelf life
Based on research by Gartner, McKinsey, Accenture and Deloitte
While technology further impacts
jobs, all jobs will be bucketed into
3 areas ; Extinct, Augmented,
Created
Pandemic driven work styles
have had a paradoxical effect
on talent – talent identification
is harder due to lack of
performance visibility, yet talent
availability is easier due to
global availability
Innovation will make skills
obsolete faster, leaving
organizations who thrived
on “specialist for life” in a
vulnerable place
19
ACCENDO
A m a z e E v e r y o n e
Key Processes You Need in Succession Planning for 2021 and Beyond
Companies that had a solid succession plan in place experienced better business continuity through the
pandemic compared to those that didn’t.
Fluid
Succession Planning
24/7
Talent Availability
Future-looking
Career Pathing
20
ACCENDO
A m a z e E v e r y o n e
• Succession planning is no longer a one time static practice and needs to be looked at as a living
process – its continuous and learns to get better
• HR teams have to get better at harnessing data in order to build a resilient organization. HR systems
today 3-5 years behind CRM
• Leveraging on this process also helps build diversity in thought and leadership. According to Gartner,
88% of D&I leaders identified promotions and/or succession as one of the talent processes most
susceptible to bias
Fluid Succession Planning
21
ACCENDO
A m a z e E v e r y o n e
24/7 Talent Availability
• HR teams have to consider developing their own internal talent marketplace. This is no longer an if
question, but a when question. This internal talent marketplace will:
 Maximize internal recruitment
 Reduce external recruitment cost
 Optimize talent utilization
 Reduce attrition
• This will allow a connect between talent buyers and talent sellers which means companies can create
jobs and fill them almost instantly
• Projects can also be launched in tremendous scale because employees become a resource of the
company not of the function
22
ACCENDO
A m a z e E v e r y o n e
Future Looking Career Pathing
• In 2020, we put the accountability of work in the employee’s hands, now in 2021 its time to put the
accountability of careers there. HR then serves as the organizations vehicle to drive employees along
their career paths
• HR Teams should implement career paths to boost employee engagement. However just saying with
engagement, productivity rises, and profitability soon follows isnt enough, it must now be quantified.
• Some organizations “can precisely identify the value of a 0.1% increase in engagement among
employees in a particular store.” Take the example of Best Buy, where a 0.1% increase in engagement
results in over $ 100,000 in annual operating income per store
• The rise of Career Nomads - high-performing talented pros who have no qualms switching jobs,
organizations and even careers
• Talent is expensive to replace, so organizations are increasingly aiming to keep these nomads happy by
laying out career paths
23
ACCENDO
A m a z e E v e r y o n e
Winning the Change with Process Innovation
Transforming
jobs & success profiles
Evolving
work policies &
practices
Shorter
skill shelf
life
Fluid
Succession Planning
24/7
Talent Availability
Future-looking
Career Pathing
24
ACCENDO
A m a z e E v e r y o n e
Food For Thought
We cant outsource our moral
responsibility despite technology being
the forefront of work
25
ACCENDO
A m a z e E v e r y o n e
Question & Answer Session
Sharma Lachu
CEO
Accendo
Ishita Bandyopadhyay
Director Human Capital Solutions
Aon

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Succession Planning for 2021 and Beyond

  • 1. 1 ACCENDO A m a z e E v e r y o n e ACCENDO A m a z e E v e r y o n e 1 Shape job architectures to enable agile career paths 2 Assess behaviours to prepare talent for a digital mindset 3 Guide talent for success in current and future roles Succession Planning For 2021 and Beyond: A Leadership Pipeline For The New Business Environment 19th January 2021 ACCENDO A m a z e E v e r y o n e
  • 2. 2 ACCENDO A m a z e E v e r y o n e With You Today Sharma Lachu CEO Accendo Ishita Bandyopadhyay Director Human Capital Solutions Aon
  • 3. 3 ACCENDO A m a z e E v e r y o n e Let’s Talk About 2021 2021 HR’s current state Business expectations Finding Alignment Between HR Agenda and Business Expectations • Finding a standardized approach • Building long term plans • Operational excellence • Building an agile structure • Quicker reviews of strategy • Antifragility
  • 4. 4 ACCENDO A m a z e E v e r y o n e Antifragility in 2021 At Risk Resilient Antifragile Purpose/St rategy/Bus iness Model Unaware of assumptions our purpose, business model, how we win, depends on Purpose/business model crafted to survive expected environmental changes • Purpose/business model crafted to benefit from expected changes. • Continuous questioning viability • Adapting Culture/Se nsing/Lear ning • Closed, hierarchical, siloed culture • Lack of diversity • Listening to weak signals • Fast information diffusion • Sense making • Diverse workforce • Externally collaborative • Ecosystem learning • Learn through teaching
  • 5. 5 ACCENDO A m a z e E v e r y o n e Achieving Great Succession Planning in 2021 Who are the people we’ll need What are the processes we’ll need
  • 6. 6 ACCENDO A m a z e E v e r y o n e The Changing Role of Leadership Increased business complexity Faster product innovation cycles, Omni- channel business and ever-growing eco- system of partner companies Constant change Digitalisation enables faster decision- making and execution Technological advancements Rapid development within IT and innovation technology Good leaders are able to simplify all three for their employees. They encourage their employees to harness technology and subsequently create a competitive advantage. Good leaders are able to innovate and collaborate in new ways and are humble enough to move into a role of a facilitator. They act as agents of change - sparking a multiplying effect across their areas of responsibility.
  • 7. 7 ACCENDO A m a z e E v e r y o n e Leadership in the Digital World Leadership for digital transformation Many organizations are struggling with their digital transformation journeys, caused by the lack of digital, but also leadership capabilities. Only 35% say they have the leadership capabilities required for digital transformation The most digitally mature companies are 4x as likely to be developing needed digital leaders than the least digitally mature companies Developing the right leaders It is important to develop – not just have – digital leaders. The most digitally mature companies still report needing new leaders, but they are also taking steps to develop them.
  • 8. 8 ACCENDO A m a z e E v e r y o n e Digital Leader Model Agile Mindset Leading Change Driving Business o Learnability o Agility o Curiosity o Drive to Lead o Championing Collaboration o Humility o Empowerment o Handling Data o Strategic Solutioning o Business Acumen o Digital Communication o Mental Endurance
  • 9. 9 ACCENDO A m a z e E v e r y o n e Digital Leader Model: 3 Pillars Agile Mindset Leading Change Driving Business Agile Mindset is about being open-minded and learning-oriented, willing to reflect own strengths and weaknesses, intellectually curious and displaying positive attitude towards change and development. Driving Business is about global networking, identifying and developing business opportunities, generating solutions and taking calculated risks, and ultimately driving business success. It is also about integrity, reliability and resilience which are needed to handle pressure and continuous regulatory changes. Leading Change is about showing interest in leadership in a volatile work environment, promoting and inspiring collaboration, empowering team members to embrace change and drive their self- development, being self-aware and willing to move into a role of a humble facilitator.
  • 10. 10 ACCENDO A m a z e E v e r y o n e Organisation structure Hierarchical business functions Projects, squads, shared service Teams and projects Teams formed over time Teams form and dissolve quickly Flexibility and space People assigned jobs by managers People sought out based on skills Jobs and roles Job descriptions, job levels and titles Assignment, tasks, expert roles Careers Jobs are ‘owned’ by the managers Jobs open in transparent marketspace Managers Managers ‘own’ teams & career paths Managers manage projects, sponsor people Rewards Basis level, tenure, experience Basis outcomes, reputation, sponsorship Culture Inclusion, sustainability, diversity Citizenship, collective thinking, shared values Agile Organizations: New Relationships As job architectures evolve around Craftsmen, there is downstream impact on team structures and processes. Structures become project-based, teams form and dissolve quickly, and jobs are linked to projects and assignments. Designing Future Jobs From To From
  • 11. 11 ACCENDO A m a z e E v e r y o n e Talent Fitment with Evolving Jobs 35% Problem Solving Degree of complexity and judgement required 28% Knowledge Level of knowledge, and how it’s applied 17% Interaction Level of communication and cultural complexity 11% Accountability Financial scope and breadth of the role 9% Impact Geographic span and time horizon Key factors for role impact and talent mobility Uncovering new career paths Traits assessed currently for digital readiness 22% 39% 69% 63% Agility: flexibility adapting to changing situations Curiosity: being curious and open to change and novelty Learnability: seeking continual self-improvement All three: Learnability, Agility and Curiosity Source: Aon, n=663 Source: Aon, n=663
  • 12. 12 ACCENDO A m a z e E v e r y o n e Case study: Building an agile workforce at a worldwide investment bank “So now talent leaders know what the development priorities are at different parts of the organization. They know which people need additional support and resources to become more agile” Helping Employees fit into Agile Job Roles • Fast-paced financial environment • Swiftly adapt to consumer expectations • Shift to a nimble model, rapid iterations • Connect code to business results Building a Strategic Development Center Agile Project Managers Scrum Masters Area Team Leaders Project Owners Uncovering new career paths Demonstrate the commitment in investing in people throughout the transformation Communication Challenge Custom development report, as well as follow-up courses to help develop their skill sets Strengths and Weaknesses 92% of participants took training actions, significantly increase readiness for agile roles Capabilities Development Behavioral styles survey agileChat Coach and employee interview Coach, manager and employee feedback session Ongoing manager and employee dialogue
  • 13. 13 ACCENDO A m a z e E v e r y o n e 15% 19% 31% 47% 0% 20% 40% First-time managers All candidates All employees Key talent Source: Aon, n=663 Key Talent Segments `Current Assessment Focus for Digital Readiness Guiding talent for success First-time managers are often first ones to be impacted, a greater emphasis on measuring their readiness is critical. Characteristics of ‘Digital Leaders’ Leading Change Driving Business Agile Mindset o Learnability o Agility o Curiosity o Drive to Lead o Championing Collaboration o Humility o Empowerment o Handling Data o Strategic Solutioning o Business Acumen o Digital Communication o Mental Endurance
  • 14. 14 ACCENDO A m a z e E v e r y o n e Learning Culture Self-paced learning with a strong learning culture helps to acquire new skills and behaviours seamlessly 29% 43% 52% 57% 64% 0% 20% 40% 60% 80% Group learning journeys Self paced learning Link new roles to individual aspirations Mentor for increased effectiveness Clear development plans Source: Aon, n=663 Future Jobs Finder is freely accessible via futurejobsfinder.vodafone.com Approaches to support talent during transformation Case study
  • 15. 15 ACCENDO A m a z e E v e r y o n e Achieving Great Succession Planning in 2021 Who are the people we’ll need What are the processes we’ll need
  • 16. 16 ACCENDO A m a z e E v e r y o n e Stepping Outside HR for a View To get some perspective on how HR should be thinking about Succession Planning, we can look to an industry where Talent Strategies are.. Talked about 5 x more, Budgets are 10 x more, and Results Yield are 20 x more Why Sports? • Constant player succession data collection, despite once a year transfer window • Hyper-personalized training upon selection • The Talent Pooling Model, ensuring succession ease for players and managers
  • 17. 17 ACCENDO A m a z e E v e r y o n e Understand Your Talent Risk in 2021 See if your organization is facing the same talent risk as most businesses in the market 1. Build a catalog of top potential talent risks that seem more likely to affect the business based on characteristics of the business 2. HR leaders should conduct a rigorous, formal evaluation to determine which risks are most likely to occur and to impact the execution of future business strategy 3. HR must then formulate an effective risk mitigation plan to be communicated to shareholders to anticipate rather than react 4. Stress testing these mitigation plans leads to an antifragile organization
  • 18. 18 ACCENDO A m a z e E v e r y o n e Changes in 2021 That Will Impact Succession Planning.. Drastically Transforming jobs & success profiles Evolving work policies & practices Shortening skill shelf life Based on research by Gartner, McKinsey, Accenture and Deloitte While technology further impacts jobs, all jobs will be bucketed into 3 areas ; Extinct, Augmented, Created Pandemic driven work styles have had a paradoxical effect on talent – talent identification is harder due to lack of performance visibility, yet talent availability is easier due to global availability Innovation will make skills obsolete faster, leaving organizations who thrived on “specialist for life” in a vulnerable place
  • 19. 19 ACCENDO A m a z e E v e r y o n e Key Processes You Need in Succession Planning for 2021 and Beyond Companies that had a solid succession plan in place experienced better business continuity through the pandemic compared to those that didn’t. Fluid Succession Planning 24/7 Talent Availability Future-looking Career Pathing
  • 20. 20 ACCENDO A m a z e E v e r y o n e • Succession planning is no longer a one time static practice and needs to be looked at as a living process – its continuous and learns to get better • HR teams have to get better at harnessing data in order to build a resilient organization. HR systems today 3-5 years behind CRM • Leveraging on this process also helps build diversity in thought and leadership. According to Gartner, 88% of D&I leaders identified promotions and/or succession as one of the talent processes most susceptible to bias Fluid Succession Planning
  • 21. 21 ACCENDO A m a z e E v e r y o n e 24/7 Talent Availability • HR teams have to consider developing their own internal talent marketplace. This is no longer an if question, but a when question. This internal talent marketplace will:  Maximize internal recruitment  Reduce external recruitment cost  Optimize talent utilization  Reduce attrition • This will allow a connect between talent buyers and talent sellers which means companies can create jobs and fill them almost instantly • Projects can also be launched in tremendous scale because employees become a resource of the company not of the function
  • 22. 22 ACCENDO A m a z e E v e r y o n e Future Looking Career Pathing • In 2020, we put the accountability of work in the employee’s hands, now in 2021 its time to put the accountability of careers there. HR then serves as the organizations vehicle to drive employees along their career paths • HR Teams should implement career paths to boost employee engagement. However just saying with engagement, productivity rises, and profitability soon follows isnt enough, it must now be quantified. • Some organizations “can precisely identify the value of a 0.1% increase in engagement among employees in a particular store.” Take the example of Best Buy, where a 0.1% increase in engagement results in over $ 100,000 in annual operating income per store • The rise of Career Nomads - high-performing talented pros who have no qualms switching jobs, organizations and even careers • Talent is expensive to replace, so organizations are increasingly aiming to keep these nomads happy by laying out career paths
  • 23. 23 ACCENDO A m a z e E v e r y o n e Winning the Change with Process Innovation Transforming jobs & success profiles Evolving work policies & practices Shorter skill shelf life Fluid Succession Planning 24/7 Talent Availability Future-looking Career Pathing
  • 24. 24 ACCENDO A m a z e E v e r y o n e Food For Thought We cant outsource our moral responsibility despite technology being the forefront of work
  • 25. 25 ACCENDO A m a z e E v e r y o n e Question & Answer Session Sharma Lachu CEO Accendo Ishita Bandyopadhyay Director Human Capital Solutions Aon