SlideShare a Scribd company logo
1 of 6
Download to read offline
Graduate Talent
Transforming today’s graduates
into tomorrow’s leaders
THOUGHTPIECE
Effective leadership at all levels
within an organisation is critical for
sustainable success. But how can you
be sure that your graduate recruits
will develop the skills needed to
meet the leadership challenges of
tomorrow?
Today’s fresh faced graduate has
always been seen as a resource
that can be developed for senior
positions of the future. Even with
the dramatic rise in the number of
graduates in recent years, one in two
graduate recruitment candidates are
considered to be potential future
leaders.1
The reasons for this are clear:
graduates bring the latest thinking,
have acquired a range of skills and
knowledge from their university
education and are likely to be
a source of innovation in any
organisation. The careful selection
and subsequent nurturing of the
best and most talented graduates
is vital for the future success of any
business.
Parity Professionals | Talent Matters!
Developing graduate talent that can make
a measurable and lasting positive impact
on organisational culture and business
success – but it requires a carefully thought
out investment strategy
www.parityprofessionals.co.uk
What kinds of training do graduates want?6
Technical Skills								 87%
Communication							 77%
Project Management							 75%
Interpersonal Skills							 73%
People Management							 71%
However businesses may not realise
this potential for a number of reasons.
Firstly spotting those with talent, and
more crucially those with the best fit to
the needs of the recruiting organisation.
Secondly supporting young graduates
through the ‘rite of passage’ from
university to the professional workplace.
And thirdly retaining graduates to
ensure the early stages of investment
in them materialises into contribution
to the success of the business. Put
simply, realising graduate talent is about
identifying potential and investing in
development so that each individual
can reach their full potential within the
business.
The challenge of graduate development
The first question is often how do we fit
graduates into the organisation so that
they can make a contribution to the
business? Yet to engage with, and retain
graduate talent, we might first need to
gain an understanding of what graduates’
needs are and what they expect from
employers. When looking to their
futures, it seems the next generation of
graduates may be looking for more than
just competitive financial remuneration.
Contribution from, and the retention of,
graduate recruits may well be significantly
enhanced by taking the time to think
carefully about their aspirations and
motivations and how might supporting
integration into the business take account
of this.
A large graduate study (2015) carried out
by Accenture led its head of strategy Payal
Vasudeva to conclude:
“This year’s graduates are highly
resourceful in making themselves
relevant to employers. They
expect good work opportunities
and employer provided training,
but many remain underemployed
and dissatisfied with their work
situation.”2
The Accenture study also concludes that
“59% of UK graduates would trade salary
for a positive social atmosphere.”2
A recent survey by the Hay Group
involving 300 heads of engagement
found that more than three-quarters
of respondents (84%) believed that
employers must engage their workforces
differently if they are to succeed in the
future3
.
Graduate recruits want employers to take
an active interest in their professional
development, providing creative
challenges from the outset and offering a
clear sense of career progression. Above
all, graduates are looking for first-class
training and support so that they can
develop the skills they need to progress in
their chosen career.
In addition, as learning via electronic
channels rather than face-to-face
communication becomes more common
in universities and training more generally,
more graduates are expecting the same
approach to be taken to the evelopment
they receive at work.
Although the situation is changing
significantly, many graduates have
limited, or in some cases no, prior work
experience (30% of the 2015 intake have
no work experience). So, while they bring
knowledge, energy and innovative thinking
to the workplace, their ability to put it into
practice in the work environment has yet
to be proven. Not surprisingly, therefore,
many organisations are looking closely
at the effectiveness of their graduate
development programmes.
Managing the progress of graduate talent
A successful graduate development
programme begins with a student and
ends with a business leader in order to
cultivate and retain the best graduates,
and of course those with talent are the
most sought-after in the job market,
investing careful thought and planning
into a graduate development programme
is essential. In a report by the Chartered
Institute of Personnel and Development6
(CIPD), employed graduates ranked
training and development (94%) and
career development (97%) as the top two
most important aspects of their job5
.
However, the journey is full of potential
pitfalls. If your programme is not aligned
to the needs of your graduate recruits, you
will be wasting your time and money – and
running the risk that your finest future
leaders will move elsewhere.
With this in mind, we have identified
three critical points associated with the
attraction, development and retention of
graduates:
Critical point 1
Attracting, selecting and screening
talented graduates is not something
that can be accomplished instinctively. It
requires a strategy. Without a carefully
considered approach, you will lose out
to other employers offering a more
appealing employment proposition. It is
critical to consider at this stage not only
the brightest and the most talented, but
the nature of your business, the kind
of organisational culture you have (and
perhaps the one may want to have in the
future) and what kind of person is most
likely to be successful. Recruiting the very
brightest graduate is not good business if
you are unable to offer them what they
aspire to or indeed the business cannot
find a way to realise their contribution.
Critical point 2
The psychological appeal of your
workplace, based on its organisational
culture, is a key inducement factor. Once
a graduate is involved in the reality of
your organisation and experiences the
culture first hand, they will compare this
experience with their prior expectations
and decide whether or not to commit
themselves further. They will learn and
adapt accordingly. The opportunity
to shape and manage expectation,
to find ways of supporting graduate
recruits through the ‘rite of passage’
from university to work, may be crucial.
Investment in coaching and mentoring
is critical at this early stage to support
individuals to see how they might realise
their potential and build affinity with the
organisation.
Seeing and understanding how to become
a valued professional contributing to the
success of the business is not instinctive.
Much of this is learned behaviour and a
conscious support process to achieve this
is likely to provide significant dividends for
both the individual and the organisation.
Parity Professionals | Talent Matters!
www.parityprofessionals.co.uk
CULTURAL
“DELTA”
INTRODUCTION
TO CULTURE
PIONEER OF
CULTURE
LEADERS OF
CULTURE
Aspirational Culture
(employer brand promise) (employer brand reality)
Actual Culture
GRADUATE JOURNEY
The TRUST Point
“Emotional Contract”
Performance
Support &
On Board
Continuous
Professional
DevelopmentDevelop & RetainSearch/Screen
Select
Leadership
Development
CP-1
CP-1
CP-2
CP-2
CP-3
CP-3
Critical Point 1 – Having a stratgic approach to the attraction, selection and appointment of talented graduates
Critical Point 2 – The transition from the aspirational to the reality of the company culture - manging the psychological contract
Critical Point 3 – The transition into a pioneer – manging the transition to empowerment
Critical point 3
When graduates have found their feet
and are ready to be developed for
future leadership roles, they will gain
a clearer understanding of their value
to the organisation and feel inclined to
contribute, not just to the organisational
success, but to the overall culture. This
stage is critical as to whether the individual
may be retained and all the investment
made so far is realised for the benefit of
the business and the development of the
organisational culture. One of the most
common complaints about investing in
graduate development is their early ‘loss’.
The demonstration of commitment to
further development of career will be vital
to the rate of ‘loss’ of graduate recruits.
Accelerating graduate performance
By investing wisely businesses can take
proactive steps to deliver this expertise
and secure the benefits. Careful
examination of a business’s needs and
culture enables the identification of the
knowledge and skills that successful
new recruits should possess. A graduate
training programme needs to be versatile
and flexible, with coaching and mentoring
at its core, to prepare young graduates to
‘come of age’ professionally and become
fully-capable, self-supporting leaders
within an organisation. If carried out
effectively, a well designed development
programme will have an immediate
influence within the business and make a
significant impact to the bottom line?
About Parity Professionals
Parity Professionals work closely with our clients to source and develop exceptional talent, build-
ing capacity and capability in order to transform individual and organisational performance. We
pride ourselves in doing things differently, and are fully committed to providing you with the best
service possible.
Whether you are looking to:
•	 Partially or fully outsource your Graduate Talent and Development Programme
•	 Recruit Graduate talent for your business, or
•	 Develop an end-to-end recruitment and Graduate Development Programme
Parity Professionals are the people that can help. We have the passion and experience to make a
real difference. Call our Develop team now to discuss a complimentary Discovery Session – and
let’s get the conversation started.
Contact Details
The Develop Team
t: 0208 171 1592
e: graduatedevelopment@parity.net
w: www.parityprofessionals.co.uk
Parity Professionals work closely with our clients to source and develop talent, building capacity and capability in
order to transform individual and organisational performance. We pride ourselves in doing things differently, and
are fully committed to providing you with the best service possible.
References
1.	 Kaplan 2014, Graduate Recruitment Report
2.	 International Business Times, 2014, The War
for Talent: Top Firms Failing to Meet Demands
of Workers
3.	 The Real Prospectus 2010, Prospectus Ltd
4.	 BBC Report, 2014 Firms battle to recruit and
retain best staff
5.	 Business Insider 2012, McKinsey Predicts The
War For Talent Will Go Nuts By 2020
6.	 CIPD Report, Graduates in the workplace 2006
degree add value

More Related Content

What's hot

Importance & Role of CEO in Development of LO Feb-Mar 2015 MMA Mandate
Importance & Role  of CEO in Development of LO Feb-Mar 2015 MMA MandateImportance & Role  of CEO in Development of LO Feb-Mar 2015 MMA Mandate
Importance & Role of CEO in Development of LO Feb-Mar 2015 MMA MandateCentre for Executive Education
 
Career Development and Upskilling
Career Development and UpskillingCareer Development and Upskilling
Career Development and UpskillingTodd Wheatland
 
Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...
Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...
Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...Renuka Bhardwaj
 
06-09_Feature (Business Centric learning)_Supplement 15.07
06-09_Feature (Business Centric learning)_Supplement 15.0706-09_Feature (Business Centric learning)_Supplement 15.07
06-09_Feature (Business Centric learning)_Supplement 15.07Sham Majid
 
Hrm successin planning
Hrm successin planningHrm successin planning
Hrm successin planningankitsengar
 
2016 U-Spring Conference Highlights
2016 U-Spring Conference Highlights2016 U-Spring Conference Highlights
2016 U-Spring Conference HighlightsBPI group
 
HRO Today (MSI) - GTM
HRO Today (MSI) - GTMHRO Today (MSI) - GTM
HRO Today (MSI) - GTMymcnulty
 
Leading through engagement management strategies to motivate and retain 28 au...
Leading through engagement management strategies to motivate and retain 28 au...Leading through engagement management strategies to motivate and retain 28 au...
Leading through engagement management strategies to motivate and retain 28 au...Charles Cotter, PhD
 
FAQ - WHRB 2015
FAQ - WHRB 2015FAQ - WHRB 2015
FAQ - WHRB 2015Bhaskar .A
 
LeadershipDevelopment
LeadershipDevelopmentLeadershipDevelopment
LeadershipDevelopmentJoy Huang
 
PDG Talent and Onboarding white paper
PDG Talent and Onboarding white paper PDG Talent and Onboarding white paper
PDG Talent and Onboarding white paper LeadScorz
 
Managing talent January 2011
Managing talent January 2011Managing talent January 2011
Managing talent January 2011Timothy Holden
 
RM_TalkTheTalk_Whitepaper_lo
RM_TalkTheTalk_Whitepaper_loRM_TalkTheTalk_Whitepaper_lo
RM_TalkTheTalk_Whitepaper_loIan Symes
 
Understanding How Organizations Develop Competencies and Skills
Understanding How Organizations Develop Competencies and SkillsUnderstanding How Organizations Develop Competencies and Skills
Understanding How Organizations Develop Competencies and SkillsDavid Forry
 
Right Quarterly 2nd edition 2014: Succession Planning
Right Quarterly 2nd edition 2014: Succession PlanningRight Quarterly 2nd edition 2014: Succession Planning
Right Quarterly 2nd edition 2014: Succession PlanningChris Jones
 
Best practices in recruitment that every company should follow
Best practices in recruitment that every company should followBest practices in recruitment that every company should follow
Best practices in recruitment that every company should followKannan G S
 
HR Senate Manila - April 2014
HR Senate Manila - April 2014HR Senate Manila - April 2014
HR Senate Manila - April 2014Mike McCarthy
 

What's hot (20)

Importance & Role of CEO in Development of LO Feb-Mar 2015 MMA Mandate
Importance & Role  of CEO in Development of LO Feb-Mar 2015 MMA MandateImportance & Role  of CEO in Development of LO Feb-Mar 2015 MMA Mandate
Importance & Role of CEO in Development of LO Feb-Mar 2015 MMA Mandate
 
Career Development and Upskilling
Career Development and UpskillingCareer Development and Upskilling
Career Development and Upskilling
 
Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...
Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...
Optimise and benchmark your L&D interventions from 22-25th March @ Address Ho...
 
06-09_Feature (Business Centric learning)_Supplement 15.07
06-09_Feature (Business Centric learning)_Supplement 15.0706-09_Feature (Business Centric learning)_Supplement 15.07
06-09_Feature (Business Centric learning)_Supplement 15.07
 
Hrm successin planning
Hrm successin planningHrm successin planning
Hrm successin planning
 
2016 U-Spring Conference Highlights
2016 U-Spring Conference Highlights2016 U-Spring Conference Highlights
2016 U-Spring Conference Highlights
 
Talent Management Regional Conference Brochure
Talent Management Regional Conference BrochureTalent Management Regional Conference Brochure
Talent Management Regional Conference Brochure
 
HRO Today (MSI) - GTM
HRO Today (MSI) - GTMHRO Today (MSI) - GTM
HRO Today (MSI) - GTM
 
Leading through engagement management strategies to motivate and retain 28 au...
Leading through engagement management strategies to motivate and retain 28 au...Leading through engagement management strategies to motivate and retain 28 au...
Leading through engagement management strategies to motivate and retain 28 au...
 
FAQ - WHRB 2015
FAQ - WHRB 2015FAQ - WHRB 2015
FAQ - WHRB 2015
 
LeadershipDevelopment
LeadershipDevelopmentLeadershipDevelopment
LeadershipDevelopment
 
Managing talent
Managing talentManaging talent
Managing talent
 
PDG Talent and Onboarding white paper
PDG Talent and Onboarding white paper PDG Talent and Onboarding white paper
PDG Talent and Onboarding white paper
 
Managing talent January 2011
Managing talent January 2011Managing talent January 2011
Managing talent January 2011
 
RM_TalkTheTalk_Whitepaper_lo
RM_TalkTheTalk_Whitepaper_loRM_TalkTheTalk_Whitepaper_lo
RM_TalkTheTalk_Whitepaper_lo
 
RM_TalkTheTalk_Whitepaper_lo
RM_TalkTheTalk_Whitepaper_loRM_TalkTheTalk_Whitepaper_lo
RM_TalkTheTalk_Whitepaper_lo
 
Understanding How Organizations Develop Competencies and Skills
Understanding How Organizations Develop Competencies and SkillsUnderstanding How Organizations Develop Competencies and Skills
Understanding How Organizations Develop Competencies and Skills
 
Right Quarterly 2nd edition 2014: Succession Planning
Right Quarterly 2nd edition 2014: Succession PlanningRight Quarterly 2nd edition 2014: Succession Planning
Right Quarterly 2nd edition 2014: Succession Planning
 
Best practices in recruitment that every company should follow
Best practices in recruitment that every company should followBest practices in recruitment that every company should follow
Best practices in recruitment that every company should follow
 
HR Senate Manila - April 2014
HR Senate Manila - April 2014HR Senate Manila - April 2014
HR Senate Manila - April 2014
 

Similar to Graduates paper - Transforming today’s graduates into tomorrow’s leaders

Attract, Retain, and Grow your people to grow your impact and the role of lea...
Attract, Retain, and Grow your people to grow your impact and the role of lea...Attract, Retain, and Grow your people to grow your impact and the role of lea...
Attract, Retain, and Grow your people to grow your impact and the role of lea...The Pathway Group
 
Sustainable Graduate Recruitment- Workforce 2020
Sustainable Graduate Recruitment- Workforce 2020Sustainable Graduate Recruitment- Workforce 2020
Sustainable Graduate Recruitment- Workforce 2020Lindsey Barnett
 
Akonia GradStart brochure v6
Akonia GradStart brochure v6Akonia GradStart brochure v6
Akonia GradStart brochure v6garyweinstein
 
Final Assigment 2 Essay
Final Assigment 2 EssayFinal Assigment 2 Essay
Final Assigment 2 EssayRobin Anderson
 
The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...
The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...
The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...Suhail Shamieh, MBA, PMP
 
How to Build and Maintain a Premier Organization
How to Build and Maintain a Premier OrganizationHow to Build and Maintain a Premier Organization
How to Build and Maintain a Premier OrganizationLucas Group
 
Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)
Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)
Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)atef Elshabrawy
 
Right Quarterly 2nd quarter 2013: Career Development
Right Quarterly 2nd quarter 2013: Career DevelopmentRight Quarterly 2nd quarter 2013: Career Development
Right Quarterly 2nd quarter 2013: Career DevelopmentChris Jones
 
Organizational Strategic Planning Healthcare
Organizational Strategic Planning HealthcareOrganizational Strategic Planning Healthcare
Organizational Strategic Planning HealthcareNick Hines
 
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A ChallengeTalent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A Challengesenbhaskar
 
Human Capital Trends in the Insurance Industry
Human Capital Trends in the Insurance IndustryHuman Capital Trends in the Insurance Industry
Human Capital Trends in the Insurance IndustryRon Arigo
 
Best Practices of Retention
Best Practices of RetentionBest Practices of Retention
Best Practices of RetentionLAWRENCE A
 
Benefits Of An Effective Leadership Program Essay
Benefits Of An Effective Leadership Program EssayBenefits Of An Effective Leadership Program Essay
Benefits Of An Effective Leadership Program EssayJessica Lopez
 
RM_Most+Likely+to+Lead
RM_Most+Likely+to+LeadRM_Most+Likely+to+Lead
RM_Most+Likely+to+LeadIan Symes
 
Getting talent on the right track
Getting talent on the right trackGetting talent on the right track
Getting talent on the right trackKrish Shankar
 
Establishing a Culture of Growth w/ Training and Development
Establishing a Culture of Growth w/ Training and DevelopmentEstablishing a Culture of Growth w/ Training and Development
Establishing a Culture of Growth w/ Training and DevelopmentExela HR Solutions
 
RM_Most Likely to Lead 4.20.16
RM_Most Likely to Lead 4.20.16RM_Most Likely to Lead 4.20.16
RM_Most Likely to Lead 4.20.16Jacques Quinio
 
RM_Most Likely to Lead - final (1)
RM_Most Likely to Lead  - final (1)RM_Most Likely to Lead  - final (1)
RM_Most Likely to Lead - final (1)Ryan__Shea
 

Similar to Graduates paper - Transforming today’s graduates into tomorrow’s leaders (20)

Attract, Retain, and Grow your people to grow your impact and the role of lea...
Attract, Retain, and Grow your people to grow your impact and the role of lea...Attract, Retain, and Grow your people to grow your impact and the role of lea...
Attract, Retain, and Grow your people to grow your impact and the role of lea...
 
Sustainable Graduate Recruitment- Workforce 2020
Sustainable Graduate Recruitment- Workforce 2020Sustainable Graduate Recruitment- Workforce 2020
Sustainable Graduate Recruitment- Workforce 2020
 
Akonia GradStart brochure v6
Akonia GradStart brochure v6Akonia GradStart brochure v6
Akonia GradStart brochure v6
 
Final Assigment 2 Essay
Final Assigment 2 EssayFinal Assigment 2 Essay
Final Assigment 2 Essay
 
The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...
The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...
The Impact of Graduate Development Programs - Article - Fitch Learning, By Su...
 
White paper
White paperWhite paper
White paper
 
How to Build and Maintain a Premier Organization
How to Build and Maintain a Premier OrganizationHow to Build and Maintain a Premier Organization
How to Build and Maintain a Premier Organization
 
Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)
Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)
Entrepreneruship (Dr Atef Elshabrawy by AlMaali-Dubai)
 
Right Quarterly 2nd quarter 2013: Career Development
Right Quarterly 2nd quarter 2013: Career DevelopmentRight Quarterly 2nd quarter 2013: Career Development
Right Quarterly 2nd quarter 2013: Career Development
 
Organizational Strategic Planning Healthcare
Organizational Strategic Planning HealthcareOrganizational Strategic Planning Healthcare
Organizational Strategic Planning Healthcare
 
Need for trainings
Need for trainingsNeed for trainings
Need for trainings
 
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A ChallengeTalent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
 
Human Capital Trends in the Insurance Industry
Human Capital Trends in the Insurance IndustryHuman Capital Trends in the Insurance Industry
Human Capital Trends in the Insurance Industry
 
Best Practices of Retention
Best Practices of RetentionBest Practices of Retention
Best Practices of Retention
 
Benefits Of An Effective Leadership Program Essay
Benefits Of An Effective Leadership Program EssayBenefits Of An Effective Leadership Program Essay
Benefits Of An Effective Leadership Program Essay
 
RM_Most+Likely+to+Lead
RM_Most+Likely+to+LeadRM_Most+Likely+to+Lead
RM_Most+Likely+to+Lead
 
Getting talent on the right track
Getting talent on the right trackGetting talent on the right track
Getting talent on the right track
 
Establishing a Culture of Growth w/ Training and Development
Establishing a Culture of Growth w/ Training and DevelopmentEstablishing a Culture of Growth w/ Training and Development
Establishing a Culture of Growth w/ Training and Development
 
RM_Most Likely to Lead 4.20.16
RM_Most Likely to Lead 4.20.16RM_Most Likely to Lead 4.20.16
RM_Most Likely to Lead 4.20.16
 
RM_Most Likely to Lead - final (1)
RM_Most Likely to Lead  - final (1)RM_Most Likely to Lead  - final (1)
RM_Most Likely to Lead - final (1)
 

Recently uploaded

Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...Pooja Nehwal
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentNimot Muili
 
Agile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxAgile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxalinstan901
 
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Hedda Bird
 
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607dollysharma2066
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field ArtilleryKennethSwanberg
 
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...Pooja Nehwal
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdfAlejandromexEspino
 
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Strategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal AnalsysisStrategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal Analsysistanmayarora45
 
Day 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampDay 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampPLCLeadershipDevelop
 
Reviewing and summarization of university ranking system to.pptx
Reviewing and summarization of university ranking system  to.pptxReviewing and summarization of university ranking system  to.pptx
Reviewing and summarization of university ranking system to.pptxAss.Prof. Dr. Mogeeb Mosleh
 
internal analysis on strategic management
internal analysis on strategic managementinternal analysis on strategic management
internal analysis on strategic managementharfimakarim
 

Recently uploaded (15)

Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...Call Now Pooja Mehta :  7738631006 Door Step Call Girls Rate 100% Satisfactio...
Call Now Pooja Mehta : 7738631006 Door Step Call Girls Rate 100% Satisfactio...
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable development
 
Agile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptxAgile Coaching Change Management Framework.pptx
Agile Coaching Change Management Framework.pptx
 
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...Dealing with Poor Performance - get the full picture from 3C Performance Mana...
Dealing with Poor Performance - get the full picture from 3C Performance Mana...
 
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607GENUINE Babe,Call Girls IN Baderpur  Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Baderpur Delhi | +91-8377087607
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field Artillery
 
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
Call now : 9892124323 Nalasopara Beautiful Call Girls Vasai virar Best Call G...
 
Intro_University_Ranking_Introduction.pptx
Intro_University_Ranking_Introduction.pptxIntro_University_Ranking_Introduction.pptx
Intro_University_Ranking_Introduction.pptx
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdf
 
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 99 Noida Escorts >༒8448380779 Escort Service
 
Strategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal AnalsysisStrategic Management, Vision Mission, Internal Analsysis
Strategic Management, Vision Mission, Internal Analsysis
 
Day 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampDay 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC Bootcamp
 
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTECAbortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
 
Reviewing and summarization of university ranking system to.pptx
Reviewing and summarization of university ranking system  to.pptxReviewing and summarization of university ranking system  to.pptx
Reviewing and summarization of university ranking system to.pptx
 
internal analysis on strategic management
internal analysis on strategic managementinternal analysis on strategic management
internal analysis on strategic management
 

Graduates paper - Transforming today’s graduates into tomorrow’s leaders

  • 1. Graduate Talent Transforming today’s graduates into tomorrow’s leaders THOUGHTPIECE
  • 2. Effective leadership at all levels within an organisation is critical for sustainable success. But how can you be sure that your graduate recruits will develop the skills needed to meet the leadership challenges of tomorrow? Today’s fresh faced graduate has always been seen as a resource that can be developed for senior positions of the future. Even with the dramatic rise in the number of graduates in recent years, one in two graduate recruitment candidates are considered to be potential future leaders.1 The reasons for this are clear: graduates bring the latest thinking, have acquired a range of skills and knowledge from their university education and are likely to be a source of innovation in any organisation. The careful selection and subsequent nurturing of the best and most talented graduates is vital for the future success of any business. Parity Professionals | Talent Matters! Developing graduate talent that can make a measurable and lasting positive impact on organisational culture and business success – but it requires a carefully thought out investment strategy
  • 3. www.parityprofessionals.co.uk What kinds of training do graduates want?6 Technical Skills 87% Communication 77% Project Management 75% Interpersonal Skills 73% People Management 71% However businesses may not realise this potential for a number of reasons. Firstly spotting those with talent, and more crucially those with the best fit to the needs of the recruiting organisation. Secondly supporting young graduates through the ‘rite of passage’ from university to the professional workplace. And thirdly retaining graduates to ensure the early stages of investment in them materialises into contribution to the success of the business. Put simply, realising graduate talent is about identifying potential and investing in development so that each individual can reach their full potential within the business. The challenge of graduate development The first question is often how do we fit graduates into the organisation so that they can make a contribution to the business? Yet to engage with, and retain graduate talent, we might first need to gain an understanding of what graduates’ needs are and what they expect from employers. When looking to their futures, it seems the next generation of graduates may be looking for more than just competitive financial remuneration. Contribution from, and the retention of, graduate recruits may well be significantly enhanced by taking the time to think carefully about their aspirations and motivations and how might supporting integration into the business take account of this. A large graduate study (2015) carried out by Accenture led its head of strategy Payal Vasudeva to conclude: “This year’s graduates are highly resourceful in making themselves relevant to employers. They expect good work opportunities and employer provided training, but many remain underemployed and dissatisfied with their work situation.”2 The Accenture study also concludes that “59% of UK graduates would trade salary for a positive social atmosphere.”2 A recent survey by the Hay Group involving 300 heads of engagement found that more than three-quarters of respondents (84%) believed that employers must engage their workforces differently if they are to succeed in the future3 . Graduate recruits want employers to take an active interest in their professional development, providing creative challenges from the outset and offering a clear sense of career progression. Above all, graduates are looking for first-class training and support so that they can develop the skills they need to progress in their chosen career.
  • 4. In addition, as learning via electronic channels rather than face-to-face communication becomes more common in universities and training more generally, more graduates are expecting the same approach to be taken to the evelopment they receive at work. Although the situation is changing significantly, many graduates have limited, or in some cases no, prior work experience (30% of the 2015 intake have no work experience). So, while they bring knowledge, energy and innovative thinking to the workplace, their ability to put it into practice in the work environment has yet to be proven. Not surprisingly, therefore, many organisations are looking closely at the effectiveness of their graduate development programmes. Managing the progress of graduate talent A successful graduate development programme begins with a student and ends with a business leader in order to cultivate and retain the best graduates, and of course those with talent are the most sought-after in the job market, investing careful thought and planning into a graduate development programme is essential. In a report by the Chartered Institute of Personnel and Development6 (CIPD), employed graduates ranked training and development (94%) and career development (97%) as the top two most important aspects of their job5 . However, the journey is full of potential pitfalls. If your programme is not aligned to the needs of your graduate recruits, you will be wasting your time and money – and running the risk that your finest future leaders will move elsewhere. With this in mind, we have identified three critical points associated with the attraction, development and retention of graduates: Critical point 1 Attracting, selecting and screening talented graduates is not something that can be accomplished instinctively. It requires a strategy. Without a carefully considered approach, you will lose out to other employers offering a more appealing employment proposition. It is critical to consider at this stage not only the brightest and the most talented, but the nature of your business, the kind of organisational culture you have (and perhaps the one may want to have in the future) and what kind of person is most likely to be successful. Recruiting the very brightest graduate is not good business if you are unable to offer them what they aspire to or indeed the business cannot find a way to realise their contribution. Critical point 2 The psychological appeal of your workplace, based on its organisational culture, is a key inducement factor. Once a graduate is involved in the reality of your organisation and experiences the culture first hand, they will compare this experience with their prior expectations and decide whether or not to commit themselves further. They will learn and adapt accordingly. The opportunity to shape and manage expectation, to find ways of supporting graduate recruits through the ‘rite of passage’ from university to work, may be crucial. Investment in coaching and mentoring is critical at this early stage to support individuals to see how they might realise their potential and build affinity with the organisation. Seeing and understanding how to become a valued professional contributing to the success of the business is not instinctive. Much of this is learned behaviour and a conscious support process to achieve this is likely to provide significant dividends for both the individual and the organisation. Parity Professionals | Talent Matters!
  • 5. www.parityprofessionals.co.uk CULTURAL “DELTA” INTRODUCTION TO CULTURE PIONEER OF CULTURE LEADERS OF CULTURE Aspirational Culture (employer brand promise) (employer brand reality) Actual Culture GRADUATE JOURNEY The TRUST Point “Emotional Contract” Performance Support & On Board Continuous Professional DevelopmentDevelop & RetainSearch/Screen Select Leadership Development CP-1 CP-1 CP-2 CP-2 CP-3 CP-3 Critical Point 1 – Having a stratgic approach to the attraction, selection and appointment of talented graduates Critical Point 2 – The transition from the aspirational to the reality of the company culture - manging the psychological contract Critical Point 3 – The transition into a pioneer – manging the transition to empowerment Critical point 3 When graduates have found their feet and are ready to be developed for future leadership roles, they will gain a clearer understanding of their value to the organisation and feel inclined to contribute, not just to the organisational success, but to the overall culture. This stage is critical as to whether the individual may be retained and all the investment made so far is realised for the benefit of the business and the development of the organisational culture. One of the most common complaints about investing in graduate development is their early ‘loss’. The demonstration of commitment to further development of career will be vital to the rate of ‘loss’ of graduate recruits. Accelerating graduate performance By investing wisely businesses can take proactive steps to deliver this expertise and secure the benefits. Careful examination of a business’s needs and culture enables the identification of the knowledge and skills that successful new recruits should possess. A graduate training programme needs to be versatile and flexible, with coaching and mentoring at its core, to prepare young graduates to ‘come of age’ professionally and become fully-capable, self-supporting leaders within an organisation. If carried out effectively, a well designed development programme will have an immediate influence within the business and make a significant impact to the bottom line?
  • 6. About Parity Professionals Parity Professionals work closely with our clients to source and develop exceptional talent, build- ing capacity and capability in order to transform individual and organisational performance. We pride ourselves in doing things differently, and are fully committed to providing you with the best service possible. Whether you are looking to: • Partially or fully outsource your Graduate Talent and Development Programme • Recruit Graduate talent for your business, or • Develop an end-to-end recruitment and Graduate Development Programme Parity Professionals are the people that can help. We have the passion and experience to make a real difference. Call our Develop team now to discuss a complimentary Discovery Session – and let’s get the conversation started. Contact Details The Develop Team t: 0208 171 1592 e: graduatedevelopment@parity.net w: www.parityprofessionals.co.uk Parity Professionals work closely with our clients to source and develop talent, building capacity and capability in order to transform individual and organisational performance. We pride ourselves in doing things differently, and are fully committed to providing you with the best service possible. References 1. Kaplan 2014, Graduate Recruitment Report 2. International Business Times, 2014, The War for Talent: Top Firms Failing to Meet Demands of Workers 3. The Real Prospectus 2010, Prospectus Ltd 4. BBC Report, 2014 Firms battle to recruit and retain best staff 5. Business Insider 2012, McKinsey Predicts The War For Talent Will Go Nuts By 2020 6. CIPD Report, Graduates in the workplace 2006 degree add value