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Talent Lifecycle Management: Internal Mobility - A Talent Management Strategy You Can’t Afford to Overlook

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Talent Lifecycle Management: Internal Mobility - A Talent Management Strategy You Can’t Afford to Overlook

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Building and supporting a culture where people at all levels are encouraged to—and even expected to—look internally for personal growth and new challenges improves the employer brand and becomes a powerful magnet for the talent market. This focus on career mobility and employee development often results in improved talent attraction and retention, not to mention how it positively affects the bottom line. Join Caroline Vernon, CareerArc Director of Sales and Client Success Leader, to learn her tips to cultivate internal mobility practices with your current workforce and potential new hires.

Building and supporting a culture where people at all levels are encouraged to—and even expected to—look internally for personal growth and new challenges improves the employer brand and becomes a powerful magnet for the talent market. This focus on career mobility and employee development often results in improved talent attraction and retention, not to mention how it positively affects the bottom line. Join Caroline Vernon, CareerArc Director of Sales and Client Success Leader, to learn her tips to cultivate internal mobility practices with your current workforce and potential new hires.

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Talent Lifecycle Management: Internal Mobility - A Talent Management Strategy You Can’t Afford to Overlook

  1. 1. Internal Mobility: A Talent Management Strategy You Can’t Afford to Overlook © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Talent Lifecycle Management Webinar Series TO USE YOUR COMPUTER'S AUDIO: When the webinar begins, you will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended. TO USE YOUR TELEPHONE: If you prefer to use your phone, you must select "Use Telephone“ after joining the webinar and call in using the numbers below. United States: +1 (562) 247-8422, Access Code: 985-457-816 , Audio PIN: Shown after joining the webinar --or-- Webinar will begin: 11:00 am, PST With: Caroline Vernon Moderated by: Naba Ahmed
  2. 2. Developed for fast-growth and global enterprise talent acquisition and human resource teams, My Ally is the world's only AI-driven Talent Lifecycle Management solution. Integrating with core HR Systems such as Greenhouse, Workday, SuccessFactors, iCims, and many more, My Ally’s Source-to-Retain platform gives organizations the tools to discover, engage, hire, onboard and retain the right people to fuel business success. My Ally © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.
  3. 3. Click on the Questions panel to interact with the presenters https://www.recruitingbrief.com/webinar-series/talent-lifecycle-management https://www.humanresourcestoday.com/webinar-series/talent-lifecycle-management https://www.hrtechcentral.com/webinar-series/talent-lifecycle-management
  4. 4. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. About: Caroline Vernon About: Naba Ahmed Caroline Vernon is a self-proclaimed ambassador of job seekers. Caroline’s proven and progressive experience leading organizational growth and change, talent management, training and recruiting initiatives has led her to become a valuable partner and thought leader in the Outplacement and Career Management industry. Caroline served as Co-Founder of DisruptHR Omaha and is a frequent presenter at DisruptHR events around the U.S. She specializes in working with organizations experiencing rapid growth and/or transition. Naba went to Cal Poly, San Luis Obispo and majored in Journalism and minored in Integrated Marketing Communications. After working as Editor-in-Chief at the campus newspaper, she became interested in developing content across multiple platforms, and now works as a Content Marketing Specialist at Aggregage, providing some of the most interesting thought-leaders across a wide variety of industries with a space to celebrate the diversity, depth, and experience of their professional cultures, personalities, and passions. Talent Lifecycle Management Webinar Series
  5. 5. . © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Captain Obvious Says…….
  6. 6. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Effective Workforce Planning To promote effective workforce planning, organizations need to address the workforce skill and capability gaps and changing workforce demographics 6
  7. 7. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Let’s Discuss Where is your greatest source of talent?
  8. 8. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. A Mindset Shift Towards Internal Mobility Investing in an internal mobility strategy means a complete change in mindset that asks leaders to support a culture of growth and challenge 8
  9. 9. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. 9 Let’s Talk Dollar$ Annual Cost of Turnover
  10. 10. Annual Cost of Turnover $25K $1.5M11% Turnover Hiring Cost © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.
  11. 11. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. For Sale: Employee Satisfaction Acknowledging that there are some problems that you can solve by throwing money at them, but employee satisfaction isn’t one of them 11
  12. 12. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. 12 Survey says…. Is internal mobility important? “2018 LinkedIn Workplace Learning Report found that 94% of employees would stay longer if the company invested in their careers, while a Deloitte study found 51% of millennials consider career progression as the second most important priority when looking for a new role.”
  13. 13. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Opportunities to Grow are Crucial It seems obvious that employees will be more engaged at work if they know they can grow rather than feel like they’re constantly hitting their heads on the ceiling. 13
  14. 14. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Career Development Framework Career development programs are actually a collection of conditions, strategies, and processes that must work in harmony to be effective ● Well-communicated career paths ● Competencies aligned with career paths ● Performance management aligned with ● Learning programs ● Coaching and mentoring ● Enabling technology ● Workforce planning ● Succession management ● Assessment program ● Rewards and recognition ● Support of diversity & inclusion ● Comprehensive onboarding program
  15. 15. Raise Your Hand if You Love Change? $M © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.
  16. 16. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Let’s Discuss In the last 3 months, have you had a career pathing or development discussion with your employees or your direct reports?
  17. 17. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Let’s Discuss When someone in your organization would like to be considered for a role that is a “stretch role” how do you handle that? Do you hire externally or provide an opportunity to grow into the role for the current employee?
  18. 18. The Need and Desire to Make an Impact is Important $M © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.
  19. 19. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. There is No Leadership Without Followship Whose life would be worse off if you didn’t do your job? 19
  20. 20. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. An environment where each person feel respected and truly cared about it so important. If showing that you care about your employees is not at the center of your internal mobility initiatives, then you are missing the point.
  21. 21. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Internal Mobility & The Talent Marketplace Who’s paying attention? Internal mobility is not just a way to retain talent. It also helps to create a powerful message for people outside your organization who seek that type of professional environment.
  22. 22. Where to Start with a New Internal Mobility Program? $M © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Internal mobility initiatives have 2 distinct audiences 1. Managers 2. Employees All internal mobility initiatives needs to take both into consideration to be successful.
  23. 23. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Internal Mobility & The Employer Brand As unemployment falls, voluntary turnover rises
  24. 24. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Why Is It So Hard To Hire Internally? Whose Job Is It Anyway? Why aren’t more organizations hiring from within, why don’t they see the value in the growth opportunity rather than hiring for the existing skill set. Is it a lack of awareness? Or just a lack of action? What are the hurdles that need to be overcome internally to create effective and successful internal mobility strategies?
  25. 25. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Talent Hoarding? Are you guilty?
  26. 26. The Cost of Turnover on the Employer Brand $M © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. .
  27. 27. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Internal Mobility To Avoid Layoffs Considering the alternatives to job loss
  28. 28. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Upskilling / Reskilling Your Existing Workforce Future-proofing your workplace, get more bang for your buck when you source and hire from within.
  29. 29. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Internal Mobility & Effective Talent Acquisition Teams High-performing talent acquisition teams are five times more likely to offer a strategic approach to internal mobility. Organizations that are good at promoting from within are more likely to be effective at many other aspects of talent recruitment and retention
  30. 30. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Career Management & Talent Acquisition – Aligned For Internal Mobility Success The result of these efforts can be an organization able to invest confidently in its own people.
  31. 31. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.© 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Internal Talent Mobility…. • Saves $$ • Helps improve the employer brand/reputation • Gives employees opportunities to grow • Positions organizations to acquire top talent • Helps to foster engagement
  32. 32. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. With: Caroline Vernon Moderated by: Naba Ahmed Director of Sales,, Career Transition Services, CareerArc Linkedin page: in/carolinethompsonvernon/ Twitter ID: @outplacementSME Website: https://www.careerarc.com/ Editor, Recruiting Brief Linkedin page: /in/naba-ahmed/ Twitter ID: @recruitingbrief Email: naba@aggregage.com Website: recruitingbrief.com Q & A https://www.recruitingbrief.com/webinar-series/talent-lifecycle-management https://www.humanresourcestoday.com/webinar-series/talent-lifecycle-management https://www.hrtechcentral.com/webinar-series/talent-lifecycle-management
  33. 33. © 2019 My Ally | Confidential and Proprietary. All Rights Reserved. Source-to-Retain Platform for Talent Lifecycle Management To Learn More: info@myally.ai www.myally.ai
  34. 34. Thank You © 2019 My Ally | Confidential and Proprietary. All Rights Reserved.

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