2. What is Talent Management ‘ Talent Management is the use of integrated set of activities to ensure that the organization attracts, retains, motivates and develops talented people it needs now and in the future. The aim is to ensure secure flow of talent as a corporate resource’ Armstrong, 2006
12. Drivers of emphasis on talent management Demonstrated relationship between better talent and better business performance. Talent is a rapidly increasing source of value creation. The context in which we do business is more complex and dynamic. Boards and financial markets are expecting more. Employee expectations are changing Workforce demographics are changing and employee expectations are also changing. Organisations are waging new ‘war for talent
25. Talent Planning Measure and Report Recruiting Succession Planning Performance Management Learning & Development Compensation Career Planning Talent Life Cycle
37. Development of talent to enhance performance in current position as well as readiness to transition to next level.
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39. Best practices in talent management Potential, performance and readiness are not the same Talent management is all about putting the right people in the right jobs. Talent management is more about ‘hows’ than ‘whats’ Software does not equal talent management
69. TALENT FLOW MODEL HAVE A TALENT STRATEGY BE CLEAR ON INPUTS AND OUTPUTS LEADERSHIP PLANNING A MUST COMPETITIVE EDGE IN PACE OF MANAGING DIFFERENT FACETS OF THE FLOW
70. SKILLS, COMPETENCIES & EXPERIENCE Not the same Blend to match Measured against the Organisation objectives Measured against the job/role
78. Who’s in the Pipeline? 1st-lineSupervisors All Employees? High Potentials and Replacement Pool for Sr. Managers Middle Managers Technical Specialists Time High Potential Leadership Program
80. Some examples of Talent Management Metrics Size of succession pipeline (number of potential successors per position) Percentage of leadership positions filled from the succession pool Quality of succession candidates (number of successful placements) Quality of leadership appointed Time to-take-charge Attractiveness of Leadership Brand (retention of specific pools) Diversity of pool Percentage of cross-unit & cross-functional moves Employee perceptions of the organisation