Re-imagining Talent Management

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Presentation transcript:

Re-imagining Talent Management Dr Mamikie Molapo

T – Teach: These are things you can pass along to others IT START WITH YOU A – Apply: These are things that you will want to apply to your life as you learn them C – Change: These are things that need to be changed in order to grow in Emotional Intelligence T – Teach: These are things you can pass along to others

Any Ability Or Skill At Which A Person Is Successful TALENT Any Ability Or Skill At Which A Person Is Successful

TALENT MANAGEMENT There Is No Single Or Universal Contemporary Definition Of “Talent”, But There Are Different Organizational Perspectives Of Talent. Current Meanings Of Talent Tend To Be Specific To An Organization And Highly Influenced By The Nature Of The Work Undertaken A Shared Organizational Language For Talent Is Important.

TALENT MANAGEMENT Leaders need to recruit, train, and retain qualified employees Investing in talent management will provide financial benefits as it improves the company’s culture.

WHAT IS TALENT MANAGEMENT? Assess Recruit Develop Coordinate

TYPES OF TALENT Innovator Visionary Practical Relationship Expert

The Seven Components of Talent Management Strategic Employee Planning Talent Acquisition and Retention Performance Management Learning and Motivating Compensation Career Development Succession Planning

Reasons Why People Don’t Perform Despite Talent Management They DON’T KNOW HOW They DON’T WANT TO They are NOT ALLOWED TO

What Employers Face In Talent Management The 4IR The Convergence of Man and Machine The Rise of the Individual Collaboration Sponsorship

The Use of Water and Steam To mechanise production The Use of electric Power To Create Mass production The Use of Electronics and IT to Automate Production Fusion of technologies into physical, digital and biological Spheres 1760 - 1840 1870 - 1914 1980’s to Date 2010 to date

4IR – The Convergence of Man and Machine

Common Traits of Successful Talent Management Organizations They Strive To Align Talent Plans With Business Strategy Hold Talent Review Develop Flexible Succession Plans Have A Clearly Defined Leadership Framework Send Their Talent On Best Programmes Focus on Career Moves For Their Talent They Are Committed To Increasing Diversity In The Workplace Build sophisticated talent databases to enable talent panning, deployment and reviews

Why Does Talent Management Matter Company Appraisal Hiring has proven to be a challenge Contributes to human resource processes Recognizing an individual who excels in certain activities Increased competitive advantage

Agility & Resiliance Basic Service Delivery At Least Signatory To Regional And International Conventions