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WELCOME

Strategic Talent Management

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Page 1: Strategic Talent Management

WELCOMEWELCOME

Page 2: Strategic Talent Management

TODAY’S UNCERTAIN ECONOMIC ENVIRONMENT

Page 3: Strategic Talent Management

FUTURE OUTLOOK?FUTURE OUTLOOK?

Page 4: Strategic Talent Management

NAVIGATING CHOPPY WATERS

NAVIGATING CHOPPY WATERS

IS YOUR TEAM EQUIPPED ?

Page 5: Strategic Talent Management

CHALLENGESCHALLENGES

0102030405060708090

100

1st Qtr 2ndQtr

3rd Qtr4th Qtr

BUSINESSGOALSRECESSION

MARKET SHARE

PRODUCTIVITY

0102030405060708090

100

1st Qtr 2ndQtr

3rd Qtr4th Qtr

BUSINESSGOALSRECESSION

MARKET SHARE

PRODUCTIVITY

Page 6: Strategic Talent Management

BUSINESS STRATEGY BUSINESS STRATEGY HUMAN CAPITAL STRATEGY

CHALLENGE :

Page 7: Strategic Talent Management

CHALLENGE :CHALLENGE :

• RIGHT FIT ? CRITICAL SKILL SET ?

• LACK OF INTEGRATION OF TALENT ?

• UNDEFINED CRITICAL ROLES & CAPABILITIES ?

• INCONSISTENT TALENT MANAGEMENT PRACTICES ?

• RIGHT FIT ? CRITICAL SKILL SET ?

• LACK OF INTEGRATION OF TALENT ?

• UNDEFINED CRITICAL ROLES & CAPABILITIES ?

• INCONSISTENT TALENT MANAGEMENT PRACTICES ?

Page 8: Strategic Talent Management

CHALLENGE :CHALLENGE :

• LIMITED USE OF TALENT ANALYTICS

• LACK OF ACCOUNTABILITY & CAPABILITY OF TALENT DEVELOPMENT

• INCONSISTENT EXECUTION & INTEGRATION OF TALENT DEVELOPMENT PROGRAMS

• LIMITED USE OF TALENT ANALYTICS

• LACK OF ACCOUNTABILITY & CAPABILITY OF TALENT DEVELOPMENT

• INCONSISTENT EXECUTION & INTEGRATION OF TALENT DEVELOPMENT PROGRAMS

Page 9: Strategic Talent Management

HARD QUESTIONS TO ASK YOURSELF:

HARD QUESTIONS TO ASK YOURSELF:

• DOES YOUR ORGANIZATION HAVE THE CRITICAL TALENT TO EXECUTE BUSINESS STRATEGY?

• ARE TALENT INITIATIVES COORDINATED ACROSS YOUR BUSINESS UNITS?

• DOES YOUR ORGANIZATION HAVE THE CRITICAL TALENT TO EXECUTE BUSINESS STRATEGY?

• ARE TALENT INITIATIVES COORDINATED ACROSS YOUR BUSINESS UNITS?

Page 10: Strategic Talent Management

HARD QUESTIONS TO ASK YOURSELF:

HARD QUESTIONS TO ASK YOURSELF:

• DO TALENT PROGRAMS PENENTRATE DEEP ENOUGH TO SUPPORT BUSINESS EFFECTIVELY?

• ARE YOU AS MANAGERS CAPABLE & ACCOUNTABLE ENOUGH TO DEVELOP & SUPPORT CAPABILITY GROWTH?

• DO TALENT PROGRAMS PENENTRATE DEEP ENOUGH TO SUPPORT BUSINESS EFFECTIVELY?

• ARE YOU AS MANAGERS CAPABLE & ACCOUNTABLE ENOUGH TO DEVELOP & SUPPORT CAPABILITY GROWTH?

Page 11: Strategic Talent Management

THE ANSWERTHE ANSWER

THE SCIENCE OFSTRATEGIC TALENT

MANAGEMENT

THE SCIENCE OFSTRATEGIC TALENT

MANAGEMENT

Page 12: Strategic Talent Management

WHAT IS STRATEGIC TALENT MANAGEMENT ?

WHAT IS STRATEGIC TALENT MANAGEMENT ?

• THE AGGRESSIVE MANAGEMENT OF THE ACQUISITION, GROWTH, RETENTION & ALIGNMENT OF TALENT TO BUSINESS STRATEGY THROUGH A RIGOROUS AND LOGICAL PROCESS.

• THE AGGRESSIVE MANAGEMENT OF THE ACQUISITION, GROWTH, RETENTION & ALIGNMENT OF TALENT TO BUSINESS STRATEGY THROUGH A RIGOROUS AND LOGICAL PROCESS.

Page 13: Strategic Talent Management

WHAT ? WHAT ?

• MANAGE WORKFORCE STRATEGICALLY• ASSESS BUSINESS GOALS • AQUIRE TALENT WITH CRITICAL SKILL SET• RETAIN EXISTING TOP TALENT • DEPLOY, DEVELOP EXISTING TOP TALENT• ALIGN WITH STRATEGIC BUSINESS OBJECTIVES

• MANAGE WORKFORCE STRATEGICALLY• ASSESS BUSINESS GOALS • AQUIRE TALENT WITH CRITICAL SKILL SET• RETAIN EXISTING TOP TALENT • DEPLOY, DEVELOP EXISTING TOP TALENT• ALIGN WITH STRATEGIC BUSINESS OBJECTIVES

Page 14: Strategic Talent Management

WHY ? STRATEGIC TALENT

MANAGEMENT

WHY ? STRATEGIC TALENT

MANAGEMENT

RIGHT TALENT : • The Key enabler• Drives Performance • Enhanced Intellectual Capital• Your Competitive Differentiator• Meets strategic business

objectives

RIGHT TALENT : • The Key enabler• Drives Performance • Enhanced Intellectual Capital• Your Competitive Differentiator• Meets strategic business

objectives

Page 15: Strategic Talent Management

ACTION: STRATEGIC TALENT

MANAGEMENT STEP 1

ACTION: STRATEGIC TALENT

MANAGEMENT STEP 1

EXECUTIVE MANAGEMENTTALENT ANALYTICS

STRATEGICBUSINESS GOALS

ASSESSMENTCENTERS

CURRENT TALENTCOMPETENCIES

EXECUTIVE MANAGEMENTEXIT INTERVIEWS

FUTUREPLANS & NEEDS

ASSESS

EXECUTIVE MANAGEMENTTALENT ANALYTICS

STRATEGICBUSINESS GOALS

ASSESSMENTCENTERS

CURRENT TALENTCOMPETENCIES

EXECUTIVE MANAGEMENTEXIT INTERVIEWS

FUTUREPLANS & NEEDS

ASSESS

Page 16: Strategic Talent Management

ACTIONSTRATEGIC TALENT

MANAGEMENT STEP 2

ACTIONSTRATEGIC TALENT

MANAGEMENT STEP 2

CONTINGENCYPLANNING

WORKFORCEPLANNING

RECRUITMENTONBOARDING

TALENTSOURCING

INTEGRATIONDEPLOYMENT

TALENTSELECTION

ACQUIRE

CONTINGENCYPLANNING

WORKFORCEPLANNING

RECRUITMENTONBOARDING

TALENTSOURCING

INTEGRATIONDEPLOYMENT

TALENTSELECTION

ACQUIRE

Page 17: Strategic Talent Management

ACTIONSTRATEGIC TALENT

MANAGEMENT STEP 3

ACTIONSTRATEGIC TALENT

MANAGEMENT STEP 3

SUCCESSIONPLANNING

LEADERSHIPDEVELOPMENT

CAREERPLANNING

PERFORMANCEMANAGEMENT

DEVELOP

SUCCESSIONPLANNING

LEADERSHIPDEVELOPMENT

CAREERPLANNING

PERFORMANCEMANAGEMENT

DEVELOP

Page 18: Strategic Talent Management

ACTIONSTRATEGIC TALENT

MANAGEMENT STEP 4

ACTIONSTRATEGIC TALENT

MANAGEMENT STEP 4

INTERNALMOBILITY

GOALMANAGEMENT

REWARDSRECOGNITION

EVALUATION &MONITORING

ALIGN

INTERNALMOBILITY

GOALMANAGEMENT

REWARDSRECOGNITION

EVALUATION &MONITORING

ALIGN

Page 19: Strategic Talent Management

WIIFM? WIIFM?

• SUPERIOR, DRIVEN, PRODUCTIVE WORKFORCE

• LEADERSHIP PIPELINE & MANAGEMENT CAPABILITY

• TEAMS ALIGNED WITH BUSINESS OBJECTIVES

• SUPERIOR, DRIVEN, PRODUCTIVE WORKFORCE

• LEADERSHIP PIPELINE & MANAGEMENT CAPABILITY

• TEAMS ALIGNED WITH BUSINESS OBJECTIVES

• ACTIVE ENGAGEMENT, COMMITMENT, ACCOUNTABILITY

• OPTIMIZATION OF OPERATING COSTS

• SUSTAINED PROFITABILITY & QUALITY

• ACTIVE ENGAGEMENT, COMMITMENT, ACCOUNTABILITY

• OPTIMIZATION OF OPERATING COSTS

• SUSTAINED PROFITABILITY & QUALITY

Page 20: Strategic Talent Management

STRATEGIC TALENT MANAGEMENT BUSINESSSTRATEGIC TALENT MANAGEMENT BUSINESS MODELMODELSTRATEGIC TALENT MANAGEMENT BUSINESSSTRATEGIC TALENT MANAGEMENT BUSINESS MODELMODEL

Page 21: Strategic Talent Management

PROPERTIES

On passing, 'Finish' button: Goes to Next SlideOn failing, 'Finish' button: Goes to Next SlideAllow user to leave quiz: At any timeUser may view slides after quiz: At any timeUser may attempt quiz: Unlimited times

Page 22: Strategic Talent Management

HUMAN CAPITALYOUR ORGANIZATION’S MOST SACRED ASSET

EMPOWER YOUR TEAMS TO WIN

HUMAN CAPITALYOUR ORGANIZATION’S MOST SACRED ASSET

EMPOWER YOUR TEAMS TO WIN

HUMAN CAPITAL

MANAGEMENT

TEAM

BUSINESS

PARTNERS

STRATEGIC TALENT MANAGEMENT

A SHARED RESPONSIBILITY

Page 23: Strategic Talent Management

THANK YOUTHANK YOU