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Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

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Page 1: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

www.hpcglobal.ie

Page 2: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Identifying & Developing Talent

David Storrs, hpc

Page 3: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

IITD Research 2015

Defined Talent Strategy?

Yes – 47%

No – 53%

Intention to Plan for a Defined Talent Strategy?

Yes – 54%

No 46%

Those with a Talent Strategy

Working well – 28%

Could be improved – 52%

Not working at all – 20%

Page 4: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

IITD Research 2015

47%53%

Defined Talent Strategy

yes no

28%

52%

20%

Experience of Existing Talent Strategy

working well could be improved no working at al

54%

46%

Intention to plan for Defined Talent Strategy

yes no

not working at all

Page 5: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Today

The Fundamentals of Talent Management

6 Steps to Identifying Talent

Case Studies

Developing Talent

Page 6: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged
Page 7: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

SOURCE: Global Human Capital Trends 2014:Engaging the 21st-century workforce,

Deloitte Consulting LLP and Version by Deloitte, Deloitte University Press, April 2014

Page 8: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Do you have a Game Changing Talent Strategy?My company places “purpose” at the heart of its business model

My company has a high-performance culture

Leaders in my company follow well-understood guiding principles

Our people policies help drive our business strategy

Our talent management practices are highly effective

Our leaders are completely committed to excellence in talent management

Our leaders are deeply engaged in and accountable for spotting, tracking, coaching, and

developing the next generation of leaders

Our talent practices are strategically oriented, but they also put a premium on operational

efficiency

Our talent practices engender a strong sense of collective purpose and pride yet work

very well for my career as an individual.Source Harvard Business Review Jan-Feb 2014

Page 9: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Four Questions before you start

1. Does my organisation have a clear “Purpose” which is at the heart of

its business model?

2. Does my organisation have a High Performance culture?

3. Do the Leaders in my organisation model the behaviours that

underpin a clear set of Values?

4. Do our People Processes help drive our Business Strategy?

Page 10: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

IITD Talent Management SurveyIssue of most concern…

Doing good performance management

CIPD Employee Outlook Report 201444% of Employees do not believe there is clarity of communication with their

line manager on their objectives and expectations

Page 11: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

“Our purpose is not to create Champions but to create an

environment where Champions become inevitable”

Australian Institute of Sport

Page 12: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Four Questions before you start

1. Does my organisation have a clear “Purpose” which is at the heart of

its business model?

2. Does my organisation have a High Performance culture?

3. Do the Leaders in my organisation model the behaviours that

underpin a clear set of Values?

4. Do our People Processes help drive our Business Strategy?

Page 13: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Today

The Fundamentals of Talent Management

6 Steps to Identifying Talent

Case Studies

Developing Talent

Page 14: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

6 steps to Talent Identification

Focus on Organisation

Agree

Definition

Open & Transparent

Objective Selection

Support Runners Up

Development Plan

Page 15: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Step 1

Agree your Definitions

What is Talent?

Whole organisation?

High Potentials (HiPos)?

Critical Roles?

Senior Leaders?

Page 16: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Step 2

Focus on organisation capability and future roles

Avoid focusing on specific people

Avoid the “mobility is everything” trap

Focus on the current organisation capability and

existing gaps as well as bench strength and future

pipeline

Page 17: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Step 3

Be open and transparent about the process

Avoid “passive” non-disclosure approach

Be clear on what is expected to be eligible for

consideration

High Performing?

Mobile?

Engagement?

What are your organisations criteria?

Encourage transparent Line Manager Conversations

Page 18: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Step 4

Ensure selection is objective and seen to be fair

Use a range of tools to select your candidates rather than a single

Talent Review Board

Performance data – how reliable?

Psychometrics

Assessment Centre with unbiased assessors

Talent Review Board

Page 19: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Step 5

Know broadly how you will develop your talent pool

before you start selection.

Kick-off

Development Planning

70-20-10

Mentors

Page 20: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Step 6

Support those who don’t make the cut if developing a

talent pool.

Transparency

Feedback

Development

Page 21: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

6 steps to Talent Identification

Focus on Organisation

Agree

Definition

Open & Transparent

Objective Selection

Support Runners Up

Development Plan

Page 22: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Today

The Fundamentals of Talent Management

6 Steps to Identifying Talent

Case Studies

Developing Talent

Page 23: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Case Study 1: Creating an Organisation Talent Pool

Page 24: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Context

International Professional Services

1,500 people in Ireland

Seeking to create talent pool 12 Future Leaders

Case 1

FS Future

Leaders

Page 25: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Requirement

Process to fit their definition

Fair and objective

Feedback for all post-assessment centre

Ownership across business

Case 1

FS Future

Leaders

Case 1

FS Future

Leaders

Page 26: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Talent Definition

High Performer

High Potential - Senior Leadership in future

Ceiling on grade/seniority

Aspiration important

Mobility within region

Case 1

FS Future

Leaders

Case 1

FS Future

Leaders

Page 27: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Talent Pool Process

Define

Communicate

Screen

Assess

Debrief

Develop

Case 1

FS Future

Leaders

Page 28: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Communication

Why?

Benefits

Organisation Wide

Consistent

Transparent

Objective

Brief all Managers

Their process

Initial screeningCase 1

FS Future

Leaders

Page 29: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Outcomes

12 Selected (100% Target)

Consultation

Process viewed as fair & objective

Process seen as transparent & rigorous

Successful candidates briefed on

Individual strengths & Development needs emerging

from process

Outline group development plan next 24 months

Expectations conversation

Case 1

FS Future

Leaders

Page 30: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Case Study 2 : Senior Talent Review

Page 31: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Context

Technology Firm

Driven by organisational strategy

Need to assess division leadership capability

Need to validate succession plan

Need to establish buy-in to Individual Development Plan

Case 2

Tech

Talent

review

Page 32: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Senior Talent Review Process

Case 2

Tech

Talent

review

Define Communicate Assess Develop

Page 33: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Talent Definition

High Performing

HiPo

Aspiration + Mobility (Global)

Ready for C-Suite

-Now

- < 24M

Case 2

Tech

Talent

review

Page 34: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Individual Receives Psychometric (including strengths & weaknesses)

1:1 feedback by external coach post process

Follow-up 1:1 with leader

Leader Receives Psychometric profiles

9 box analysis of team

Collective team analysis of competencies

Case 2

Tech

Talent

review

Page 35: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Other Outcomes

Leader succession validation

Transparency – conversations

Personal accountability for engagement with individual

development plans

Including requests for sideways moves

Case 2

Tech

Talent

review

Page 36: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Talent Identification Summary

Led by business

Integrated with wider HR processes

Integrated with Business

Strategy

Values

Development planned before identification started

Transparent if you can ……if you can’t, why not?

Page 37: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Today

The Fundamentals of Talent Management

6 Steps to Identifying Talent

Case Studies

Developing Talent

Page 38: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Key Elements within Talent Development

Meaningful stretch roles for meaningful duration

Range of roles – reasonably wide

Real projects driven by business strategy

Suitable

Line Manager (clearly briefed)

Mentor

Coach

Page 39: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Talent Development – Define outcomes

time-based

70: Work Experience

Varied roles, Special Projects, Stretch Assignments, Volunteer

20: Mentoring, Networking, Professional Bodies, Action Learning Sets

10: Formal Development

360, Personality Profile, EQ, 1:1 Coaching, Leadership & Mgt

Development, Professional Skills Training, Executive Education…Masters

Page 40: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

culture & processes

agree principles & definitions

plan development

Be objective, give feedback

Page 41: Us/hpc David Storrs... · Our talent management practices are highly effective Our leaders are completely committed to excellence in talent management Our leaders are deeply engaged

Thank you

David Storrs

[email protected]

www.hpcglobal.ie