SlideShare a Scribd company logo
1 of 37
Title Of Webinar Goes Here
SUBTITLE GOES HERE
Talent Mobility:
The Key to Retention,
Engagement, and
Performance
MATT CHARNEY
SPEAKER
Principal Analyst
Lighthouse Research
http://lhra.io
ben.eubanks@lhra.io
@beneubanks
Ben Eubanks
Likes
• HR/recruiting
• Research
• Running
• Reading
• Being a dad (x4) Dislikes
• Celebrities
• Jeggings
• Seafood
• Snark for the sake
of it
Build, Buy, or Borrow
tal-lint mō-bil-i-tee
(noun) talent practice of using employee talent
where it is needed in conjunction with where the
employee wants to go
(see also: awesome talent practices)
Talent Mobility=Recruiting Gold
• Easier to recruit. (#1 demand of Millennials:
career dev opps)
• Easier to retain (less recruiting, more golf or
whatever)
Trends
It’s the trends, baby
The average career path:
It’s the trends, baby
People want control of their own work/career.
It’s the trends, baby
Gig economy—workers are taking on additional
tasks because they want the challenge, the
money, or both.
It’s the trends, baby
It’s getting harder to source and recruit high
performers in some industries.
It’s the trends, baby
We have like 287% disengagement
according to some made up statistics.
Research
My Pet Hypothesis
Millennials and other workers want development because that’s what
they have been sold in the hiring process.
Glassdoor Says
89% of Glassdoor users are either actively looking for jobs or would
consider better opportunities.
Gallup Says
93% of workers that took a new job did so outside their company.
Also, the primary reasons employees look for change is to have the
chance to expand their knowledge and use their strengths.
i4cp Says
Talent hoarding is bad for business.
High-performance organizations are more than twice as likely to
prioritize the movement of talent, while low-performance
organizations are 2.5 times more likely to say the movement of talent
doesn’t matter.
Deloitte Says
High performing companies have a complex and powerful set of
processes which facilitate and enable such mobility to take place
rapidly and effectively.
It’s about organizational adaptability to challenges.
My Favorite Behavioral Scientist Says
People are 2x as productive when they feel their work has meaning
beyond the task at hand. (Dan Ariely)
RolePoint Says
But People Say…
Practical questions + advice
Why Not Prioritize Internal Sourcing?
• But… we’ll risk upsetting employees if
they aren’t chosen
• But… managers don’t want us snatching
their talent
• But… our workforce won’t be diverse
enough
Talent Mobility>Succession
Just like innovation can be a very employee-
driven approach, talent mobility is more
powerful than succession because it’s powered
by the affected individuals.
Understanding Talent Inventory
• Take stock of your talent.
• Who can grow into the role?
• Who could flex and take it on?
• What are your toughest fills? How could internal talent bridge the
gap?
Success Requirements
• Culture
• Process
• Maturity
Dangers of Only Hiring Externally
Dangers of hiring outside and
demotivating qualified internal
candidates
Why Recruiters are Best Suited
Pro Tip on Culture
Remove the stigma of indicating interest in
other roles.
(This isn’t a bad thing unless it’s your first
week on the job. In that case, shut up and
get to work.)
Case Studies
Kapost
• Tours of Duty
• Ask: what do employees see as path?
• “Living conversation that is always evolving.”
• “It’s not just a desk and a paycheck—it’s a commitment to getting me
where I want my career to go.”
World Bank Group
• Talent Marketplace
• Started as an L&D initiative
• Hiring freeze
• Key shift: treating staff as corporate citizens, rather than as
proprietary resources with sole allegiance to their respective units.
Hootsuite
• CEO backing
• It’s beyond leveling up. It’s about expanding into new skills and
territory.
• Stretch assignments: 90 day period, 1 day per week. Reduced job
duties. Learning plans from both managers.
Bechtel
• Key practice: finding A players and moving them around every 2-3
years as a development strategy.
• Ex: the Chemical Engineer/HR Manager
• One of Bechtel’s biggest draws for candidates is this opportunity to
grow through exciting assignments in different areas of the country
(or the world).
Chipotle
• Pre-Talent Mobility: 52% store manager turnover
• Post-Talent Mobility: turnover for salaried managers dropped to 35%;
dropped for hourly managers a whopping 64% (111% down to 47%).
• Manager development incentives: bonuses of $10,000 for managers
develop new managers
• Paid out $1+ million in people development bonuses in 2010.
US Security Associates
• It is a key aspect of the culture to promote these trusted positions
from within, and as a result, the average tenure of senior level
managers is 10+ years in position.
• For example, one employee started as a uniformed officer and was
recently promoted to Vice President. This employee began his
security career 20 years ago and has risen through the ranks from
Training Manager to Operations Manager, Branch Manager, District
Manager and Vice President of National Accounts.
Tata Consultancy Services
• Tata Consultancy Services believes in grooming employees internally
to take up leadership roles.
• The CEO, CTO and CFO all joined TCS as trainees.
• Employees are encouraged to share career aspirations.
Actionable Takeaways
• Verily I say unto thee:
• Seek first thine own talent
• Coach thy managers
• Find/collect data to support thy approach (success of
internal vs external fills)
• Go forth and conquer!
@beneubanksBen Eubanks
Want more?
Email
ben.eubanks@lhra.io for
a summarized version of
the case studies covered
in this webinar.

More Related Content

What's hot

10 Strategies for Building a Talent Pool That Makes Recruiting Easy
10 Strategies for Building a Talent Pool That Makes Recruiting Easy10 Strategies for Building a Talent Pool That Makes Recruiting Easy
10 Strategies for Building a Talent Pool That Makes Recruiting Easy
Human Capital Media
 
Training And Development Proposal PowerPoint Presentation Slides
Training And Development Proposal PowerPoint Presentation SlidesTraining And Development Proposal PowerPoint Presentation Slides
Training And Development Proposal PowerPoint Presentation Slides
SlideTeam
 
Preliminary HR Proposal
Preliminary HR ProposalPreliminary HR Proposal
Preliminary HR Proposal
onecell
 

What's hot (20)

High-Impact Performance Management: 4 Ways to Build Your Leadership Bench and...
High-Impact Performance Management: 4 Ways to Build Your Leadership Bench and...High-Impact Performance Management: 4 Ways to Build Your Leadership Bench and...
High-Impact Performance Management: 4 Ways to Build Your Leadership Bench and...
 
Talent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvementTalent Management: Framework for design, implementation and improvement
Talent Management: Framework for design, implementation and improvement
 
Korn Ferry Integrated Talent Solutions
Korn Ferry Integrated Talent Solutions Korn Ferry Integrated Talent Solutions
Korn Ferry Integrated Talent Solutions
 
Succession Management PowerPoint Presentation Slides
Succession Management PowerPoint Presentation Slides Succession Management PowerPoint Presentation Slides
Succession Management PowerPoint Presentation Slides
 
Inspirational Leadership
Inspirational LeadershipInspirational Leadership
Inspirational Leadership
 
Ten Templates for Talent Management
Ten Templates for Talent ManagementTen Templates for Talent Management
Ten Templates for Talent Management
 
10 Strategies for Building a Talent Pool That Makes Recruiting Easy
10 Strategies for Building a Talent Pool That Makes Recruiting Easy10 Strategies for Building a Talent Pool That Makes Recruiting Easy
10 Strategies for Building a Talent Pool That Makes Recruiting Easy
 
HRBP Presentation v4
HRBP Presentation v4HRBP Presentation v4
HRBP Presentation v4
 
Hay Group leadership development programs
Hay Group leadership development programsHay Group leadership development programs
Hay Group leadership development programs
 
Training And Development Proposal PowerPoint Presentation Slides
Training And Development Proposal PowerPoint Presentation SlidesTraining And Development Proposal PowerPoint Presentation Slides
Training And Development Proposal PowerPoint Presentation Slides
 
Employee Life Cycle PowerPoint Presentation Slides
Employee Life Cycle PowerPoint Presentation Slides Employee Life Cycle PowerPoint Presentation Slides
Employee Life Cycle PowerPoint Presentation Slides
 
Succession Planning Model
Succession Planning ModelSuccession Planning Model
Succession Planning Model
 
Preliminary HR Proposal
Preliminary HR ProposalPreliminary HR Proposal
Preliminary HR Proposal
 
Talent Management Power Point Presentation
Talent Management Power Point PresentationTalent Management Power Point Presentation
Talent Management Power Point Presentation
 
Strategic HRM & Business Partnering
Strategic HRM & Business PartneringStrategic HRM & Business Partnering
Strategic HRM & Business Partnering
 
Putting Succession Planning into Practice – Talent Assessment and Development
Putting Succession Planning into Practice – Talent Assessment and DevelopmentPutting Succession Planning into Practice – Talent Assessment and Development
Putting Succession Planning into Practice – Talent Assessment and Development
 
Talent Development PowerPoint Presentation Slides
Talent Development PowerPoint Presentation Slides Talent Development PowerPoint Presentation Slides
Talent Development PowerPoint Presentation Slides
 
HR Business Plan
HR Business PlanHR Business Plan
HR Business Plan
 
Performance Management System
Performance Management SystemPerformance Management System
Performance Management System
 
The Candidate Journey
The Candidate JourneyThe Candidate Journey
The Candidate Journey
 

Viewers also liked

Were Hiring! Internal Recruiter in Dallas, Atlanta and Chicago
Were Hiring! Internal Recruiter in Dallas, Atlanta and ChicagoWere Hiring! Internal Recruiter in Dallas, Atlanta and Chicago
Were Hiring! Internal Recruiter in Dallas, Atlanta and Chicago
5854869
 
internal hiring_slide_AU
internal hiring_slide_AUinternal hiring_slide_AU
internal hiring_slide_AU
Kasturi Pathak
 
Recruitment Trends in the IT Secor
Recruitment Trends in the IT SecorRecruitment Trends in the IT Secor
Recruitment Trends in the IT Secor
Adi Dhar
 

Viewers also liked (20)

Your Next Hire Is Right in Front of You: Leveraging Internal Mobility & Talen...
Your Next Hire Is Right in Front of You: Leveraging Internal Mobility & Talen...Your Next Hire Is Right in Front of You: Leveraging Internal Mobility & Talen...
Your Next Hire Is Right in Front of You: Leveraging Internal Mobility & Talen...
 
Strategic Talent Mobility: Connecting Personal Potential to Organizational Go...
Strategic Talent Mobility: Connecting Personal Potential to Organizational Go...Strategic Talent Mobility: Connecting Personal Potential to Organizational Go...
Strategic Talent Mobility: Connecting Personal Potential to Organizational Go...
 
Career planning and internal mobility
Career planning and internal mobilityCareer planning and internal mobility
Career planning and internal mobility
 
Internal mobility & separations
Internal mobility & separationsInternal mobility & separations
Internal mobility & separations
 
The Home Team Advantage: Achieving Results With Talent Mobility
The Home Team Advantage: Achieving Results With Talent MobilityThe Home Team Advantage: Achieving Results With Talent Mobility
The Home Team Advantage: Achieving Results With Talent Mobility
 
Internal Talent Mobility: A Case Study
Internal Talent Mobility: A Case StudyInternal Talent Mobility: A Case Study
Internal Talent Mobility: A Case Study
 
Achieving Results with Talent Mobility: Case Studies and Lessons Learned
Achieving Results with Talent Mobility: Case Studies and Lessons LearnedAchieving Results with Talent Mobility: Case Studies and Lessons Learned
Achieving Results with Talent Mobility: Case Studies and Lessons Learned
 
Were Hiring! Internal Recruiter in Dallas, Atlanta and Chicago
Were Hiring! Internal Recruiter in Dallas, Atlanta and ChicagoWere Hiring! Internal Recruiter in Dallas, Atlanta and Chicago
Were Hiring! Internal Recruiter in Dallas, Atlanta and Chicago
 
Getting a Step Ahead- Internal Hiring
Getting a Step Ahead- Internal Hiring Getting a Step Ahead- Internal Hiring
Getting a Step Ahead- Internal Hiring
 
internal hiring_slide_AU
internal hiring_slide_AUinternal hiring_slide_AU
internal hiring_slide_AU
 
Referrals & Internal Mobility | Talent Connect London 2015
Referrals & Internal Mobility | Talent Connect London 2015Referrals & Internal Mobility | Talent Connect London 2015
Referrals & Internal Mobility | Talent Connect London 2015
 
Enterprise Mobility: Secure Containerization
Enterprise Mobility: Secure ContainerizationEnterprise Mobility: Secure Containerization
Enterprise Mobility: Secure Containerization
 
Leveraging Internal Mobility and Talent Networks -- Breakout Session at Talen...
Leveraging Internal Mobility and Talent Networks -- Breakout Session at Talen...Leveraging Internal Mobility and Talent Networks -- Breakout Session at Talen...
Leveraging Internal Mobility and Talent Networks -- Breakout Session at Talen...
 
Future of Mobility
Future of MobilityFuture of Mobility
Future of Mobility
 
Ericsson Mobility Report, June 2015
Ericsson Mobility Report, June 2015Ericsson Mobility Report, June 2015
Ericsson Mobility Report, June 2015
 
Shaping Your Internal Hiring Recruitment Strategy
Shaping Your Internal Hiring Recruitment StrategyShaping Your Internal Hiring Recruitment Strategy
Shaping Your Internal Hiring Recruitment Strategy
 
Chapter 08
Chapter 08Chapter 08
Chapter 08
 
BPO & KPO Recruitment Strategy
BPO & KPO Recruitment StrategyBPO & KPO Recruitment Strategy
BPO & KPO Recruitment Strategy
 
Recruitment Trends in the IT Secor
Recruitment Trends in the IT SecorRecruitment Trends in the IT Secor
Recruitment Trends in the IT Secor
 
TCS case study
TCS case studyTCS case study
TCS case study
 

Similar to Talent Mobility: The Key to Engagement, Retention, and Performance

InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...
InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...
InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...
InterSystems Corporation
 
MS Lecture 6 human resource management
MS Lecture 6 human resource managementMS Lecture 6 human resource management
MS Lecture 6 human resource management
Est
 
December 2013- Industry Insights - Leadership survey
December 2013- Industry Insights - Leadership surveyDecember 2013- Industry Insights - Leadership survey
December 2013- Industry Insights - Leadership survey
Confiance Australia
 

Similar to Talent Mobility: The Key to Engagement, Retention, and Performance (20)

High fliers Bagali MM
High fliers Bagali MMHigh fliers Bagali MM
High fliers Bagali MM
 
Why Talent Mobility is King of Retention
Why Talent Mobility is King of Retention Why Talent Mobility is King of Retention
Why Talent Mobility is King of Retention
 
Succession Planning and the Development of Your High Potentials
Succession Planning and the Development of Your High PotentialsSuccession Planning and the Development of Your High Potentials
Succession Planning and the Development of Your High Potentials
 
MMBagali, PhD, Motivation, High Fliers And Retention [Compatibility Mode]
MMBagali, PhD, Motivation, High Fliers And Retention [Compatibility Mode]MMBagali, PhD, Motivation, High Fliers And Retention [Compatibility Mode]
MMBagali, PhD, Motivation, High Fliers And Retention [Compatibility Mode]
 
High fliers and retention and hr
High fliers and retention and hrHigh fliers and retention and hr
High fliers and retention and hr
 
InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...
InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...
InterSystems Global Summit 2011 Presentation: Attracting, Hiring and Keeping ...
 
AS09.pptx
AS09.pptxAS09.pptx
AS09.pptx
 
Two Sides of the Same Coin: Recruiting and Retention
Two Sides of the Same Coin: Recruiting and RetentionTwo Sides of the Same Coin: Recruiting and Retention
Two Sides of the Same Coin: Recruiting and Retention
 
Managing A Talent Acquisition Team In A Tough Final
Managing A Talent Acquisition Team In A Tough FinalManaging A Talent Acquisition Team In A Tough Final
Managing A Talent Acquisition Team In A Tough Final
 
Which is right for me? Generalist vs. Specialist Track for HR Professionals
Which is right for me? Generalist vs. Specialist Track for HR Professionals Which is right for me? Generalist vs. Specialist Track for HR Professionals
Which is right for me? Generalist vs. Specialist Track for HR Professionals
 
Building and growing a startup team
Building and growing a startup teamBuilding and growing a startup team
Building and growing a startup team
 
Talent management 4.0 - An innovative approach to a changing workforce
Talent management 4.0 - An innovative approach to a changing workforceTalent management 4.0 - An innovative approach to a changing workforce
Talent management 4.0 - An innovative approach to a changing workforce
 
Lou Adler’s Master Class | Webcast
Lou Adler’s Master Class | WebcastLou Adler’s Master Class | Webcast
Lou Adler’s Master Class | Webcast
 
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagali
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagaliTalent management....Phd in Management, HR, HRM, HRD, Management.. bagali
Talent management....Phd in Management, HR, HRM, HRD, Management.. bagali
 
Manage performance march2012
Manage performance march2012Manage performance march2012
Manage performance march2012
 
MS Lecture 6 human resource management
MS Lecture 6 human resource managementMS Lecture 6 human resource management
MS Lecture 6 human resource management
 
Strategies to Improve Employee Retention in a Diverse Workforce Part Two: Suc...
Strategies to Improve Employee Retention in a Diverse Workforce Part Two: Suc...Strategies to Improve Employee Retention in a Diverse Workforce Part Two: Suc...
Strategies to Improve Employee Retention in a Diverse Workforce Part Two: Suc...
 
Why Can't All My Recruiting Tools Get Along?
Why Can't All My Recruiting Tools Get Along?Why Can't All My Recruiting Tools Get Along?
Why Can't All My Recruiting Tools Get Along?
 
December 2013- Industry Insights - Leadership survey
December 2013- Industry Insights - Leadership surveyDecember 2013- Industry Insights - Leadership survey
December 2013- Industry Insights - Leadership survey
 
Succeeding with the Messy Work of Change
Succeeding with the Messy Work of ChangeSucceeding with the Messy Work of Change
Succeeding with the Messy Work of Change
 

More from Ben Eubanks

Depth leadership daniel crosby
Depth leadership daniel crosbyDepth leadership daniel crosby
Depth leadership daniel crosby
Ben Eubanks
 

More from Ben Eubanks (19)

5 Performance Management Practices of High-Performing Firms
5 Performance Management Practices of High-Performing Firms5 Performance Management Practices of High-Performing Firms
5 Performance Management Practices of High-Performing Firms
 
HRPA 2018 Conference: Metrics--Measuring HR's Business Impact
HRPA 2018 Conference: Metrics--Measuring HR's Business ImpactHRPA 2018 Conference: Metrics--Measuring HR's Business Impact
HRPA 2018 Conference: Metrics--Measuring HR's Business Impact
 
Informal Learning: Balancing the Risks and Rewards
Informal Learning: Balancing the Risks and RewardsInformal Learning: Balancing the Risks and Rewards
Informal Learning: Balancing the Risks and Rewards
 
Culture vs Strategy: How to Beat the Competition
Culture vs Strategy: How to Beat the CompetitionCulture vs Strategy: How to Beat the Competition
Culture vs Strategy: How to Beat the Competition
 
Build, Buy, or Borrow: The Gig Economy Impact on Talent
Build, Buy, or Borrow: The Gig Economy Impact on TalentBuild, Buy, or Borrow: The Gig Economy Impact on Talent
Build, Buy, or Borrow: The Gig Economy Impact on Talent
 
HR Strategy: It's Easier Than You Think
HR Strategy: It's Easier Than You ThinkHR Strategy: It's Easier Than You Think
HR Strategy: It's Easier Than You Think
 
Recruiting and Selection Essentials
Recruiting and Selection EssentialsRecruiting and Selection Essentials
Recruiting and Selection Essentials
 
How to Retain Your Workforce
How to Retain Your WorkforceHow to Retain Your Workforce
How to Retain Your Workforce
 
What you didn't learn in HR class
What you didn't learn in HR classWhat you didn't learn in HR class
What you didn't learn in HR class
 
NASHRM Mentor University-Social Media for HR Pros
NASHRM Mentor University-Social Media for HR ProsNASHRM Mentor University-Social Media for HR Pros
NASHRM Mentor University-Social Media for HR Pros
 
Social Media for HR Professionals (Winfield SHRM Chapter Presentation)
Social Media for HR Professionals (Winfield SHRM Chapter Presentation)Social Media for HR Professionals (Winfield SHRM Chapter Presentation)
Social Media for HR Professionals (Winfield SHRM Chapter Presentation)
 
Starting an HR Department
Starting an HR DepartmentStarting an HR Department
Starting an HR Department
 
Create a New Hire Welcome Message to Inspire Enthusiasm and Drive Engagement
Create a New Hire Welcome Message to Inspire Enthusiasm and Drive EngagementCreate a New Hire Welcome Message to Inspire Enthusiasm and Drive Engagement
Create a New Hire Welcome Message to Inspire Enthusiasm and Drive Engagement
 
Entry Level HR Jobs
Entry Level HR JobsEntry Level HR Jobs
Entry Level HR Jobs
 
Organizational Culture Change Manifesto
Organizational Culture Change ManifestoOrganizational Culture Change Manifesto
Organizational Culture Change Manifesto
 
Talent Selection-Dr. Daniel Crosby
Talent Selection-Dr. Daniel CrosbyTalent Selection-Dr. Daniel Crosby
Talent Selection-Dr. Daniel Crosby
 
Depth leadership daniel crosby
Depth leadership daniel crosbyDepth leadership daniel crosby
Depth leadership daniel crosby
 
The HR Sponge
The HR SpongeThe HR Sponge
The HR Sponge
 
Phr Study Series V2.0
Phr Study Series V2.0Phr Study Series V2.0
Phr Study Series V2.0
 

Recently uploaded

100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...
100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...
100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...
hyt3577
 
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In ArjanArjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
parisharma5056
 

Recently uploaded (9)

100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...
100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...
100%Safe delivery(+971558539980)Abortion pills for sale..dubai sharjah, abu d...
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership Management
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024
 
Mercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human ResourcesMercer Global Talent Trends 2024 - Human Resources
Mercer Global Talent Trends 2024 - Human Resources
 
2k Shots ≽ 9205541914 ≼ Call Girls In Vinod Nagar East (Delhi)
2k Shots ≽ 9205541914 ≼ Call Girls In Vinod Nagar East (Delhi)2k Shots ≽ 9205541914 ≼ Call Girls In Vinod Nagar East (Delhi)
2k Shots ≽ 9205541914 ≼ Call Girls In Vinod Nagar East (Delhi)
 
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In ArjanArjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
Arjan Call Girl Service #$# O56521286O $#$ Call Girls In Arjan
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislation
 
HRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socializationHRM PPT on placement , induction and socialization
HRM PPT on placement , induction and socialization
 
RecruZone - Your Recruiting Bounty marketplace
RecruZone - Your Recruiting Bounty marketplaceRecruZone - Your Recruiting Bounty marketplace
RecruZone - Your Recruiting Bounty marketplace
 

Talent Mobility: The Key to Engagement, Retention, and Performance

  • 1. Title Of Webinar Goes Here SUBTITLE GOES HERE Talent Mobility: The Key to Retention, Engagement, and Performance
  • 2. MATT CHARNEY SPEAKER Principal Analyst Lighthouse Research http://lhra.io ben.eubanks@lhra.io @beneubanks Ben Eubanks Likes • HR/recruiting • Research • Running • Reading • Being a dad (x4) Dislikes • Celebrities • Jeggings • Seafood • Snark for the sake of it
  • 3. Build, Buy, or Borrow tal-lint mō-bil-i-tee (noun) talent practice of using employee talent where it is needed in conjunction with where the employee wants to go (see also: awesome talent practices)
  • 4. Talent Mobility=Recruiting Gold • Easier to recruit. (#1 demand of Millennials: career dev opps) • Easier to retain (less recruiting, more golf or whatever)
  • 6. It’s the trends, baby The average career path:
  • 7. It’s the trends, baby People want control of their own work/career.
  • 8. It’s the trends, baby Gig economy—workers are taking on additional tasks because they want the challenge, the money, or both.
  • 9. It’s the trends, baby It’s getting harder to source and recruit high performers in some industries.
  • 10. It’s the trends, baby We have like 287% disengagement according to some made up statistics.
  • 12. My Pet Hypothesis Millennials and other workers want development because that’s what they have been sold in the hiring process.
  • 13. Glassdoor Says 89% of Glassdoor users are either actively looking for jobs or would consider better opportunities.
  • 14. Gallup Says 93% of workers that took a new job did so outside their company. Also, the primary reasons employees look for change is to have the chance to expand their knowledge and use their strengths.
  • 15. i4cp Says Talent hoarding is bad for business. High-performance organizations are more than twice as likely to prioritize the movement of talent, while low-performance organizations are 2.5 times more likely to say the movement of talent doesn’t matter.
  • 16. Deloitte Says High performing companies have a complex and powerful set of processes which facilitate and enable such mobility to take place rapidly and effectively. It’s about organizational adaptability to challenges.
  • 17. My Favorite Behavioral Scientist Says People are 2x as productive when they feel their work has meaning beyond the task at hand. (Dan Ariely)
  • 21. Why Not Prioritize Internal Sourcing? • But… we’ll risk upsetting employees if they aren’t chosen • But… managers don’t want us snatching their talent • But… our workforce won’t be diverse enough
  • 22. Talent Mobility>Succession Just like innovation can be a very employee- driven approach, talent mobility is more powerful than succession because it’s powered by the affected individuals.
  • 23. Understanding Talent Inventory • Take stock of your talent. • Who can grow into the role? • Who could flex and take it on? • What are your toughest fills? How could internal talent bridge the gap?
  • 24. Success Requirements • Culture • Process • Maturity
  • 25. Dangers of Only Hiring Externally Dangers of hiring outside and demotivating qualified internal candidates
  • 26. Why Recruiters are Best Suited
  • 27. Pro Tip on Culture Remove the stigma of indicating interest in other roles. (This isn’t a bad thing unless it’s your first week on the job. In that case, shut up and get to work.)
  • 29. Kapost • Tours of Duty • Ask: what do employees see as path? • “Living conversation that is always evolving.” • “It’s not just a desk and a paycheck—it’s a commitment to getting me where I want my career to go.”
  • 30. World Bank Group • Talent Marketplace • Started as an L&D initiative • Hiring freeze • Key shift: treating staff as corporate citizens, rather than as proprietary resources with sole allegiance to their respective units.
  • 31. Hootsuite • CEO backing • It’s beyond leveling up. It’s about expanding into new skills and territory. • Stretch assignments: 90 day period, 1 day per week. Reduced job duties. Learning plans from both managers.
  • 32. Bechtel • Key practice: finding A players and moving them around every 2-3 years as a development strategy. • Ex: the Chemical Engineer/HR Manager • One of Bechtel’s biggest draws for candidates is this opportunity to grow through exciting assignments in different areas of the country (or the world).
  • 33. Chipotle • Pre-Talent Mobility: 52% store manager turnover • Post-Talent Mobility: turnover for salaried managers dropped to 35%; dropped for hourly managers a whopping 64% (111% down to 47%). • Manager development incentives: bonuses of $10,000 for managers develop new managers • Paid out $1+ million in people development bonuses in 2010.
  • 34. US Security Associates • It is a key aspect of the culture to promote these trusted positions from within, and as a result, the average tenure of senior level managers is 10+ years in position. • For example, one employee started as a uniformed officer and was recently promoted to Vice President. This employee began his security career 20 years ago and has risen through the ranks from Training Manager to Operations Manager, Branch Manager, District Manager and Vice President of National Accounts.
  • 35. Tata Consultancy Services • Tata Consultancy Services believes in grooming employees internally to take up leadership roles. • The CEO, CTO and CFO all joined TCS as trainees. • Employees are encouraged to share career aspirations.
  • 36. Actionable Takeaways • Verily I say unto thee: • Seek first thine own talent • Coach thy managers • Find/collect data to support thy approach (success of internal vs external fills) • Go forth and conquer!
  • 37. @beneubanksBen Eubanks Want more? Email ben.eubanks@lhra.io for a summarized version of the case studies covered in this webinar.

Editor's Notes

  1. We used to call this a career path. Then we realized that the path could look like this.
  2. Recruiting shouldn’t be either/or. It’s and.
  3. We can take on a challenge, including scouting internally for talent.