Making project management indispensable for business results.® Beth Partleton, PMP, 2013 PMI Board of Directors Talent Management: A Strategic Imperative Presented to: PMI UK Project Challenge Expo 25 March 2015

Tell me and I’ll forget. Teach me and I’ll remember. Involve me and I’ll learn - Benjamin Franklin

What the Research Tells Us Organisations with talent aligned to strategy have an average project success rate of 72% This drops to 58% for organisations that do not align talent to strategy Organisations that do it well waste 50% less. 72 % 58 % 50 %

What HR Wants  Involve us in your strategic planning, defining your goals and objectives  Improve communication  Increase collaboration

What Business Leaders Think  More alignment between HR and strategic initiatives needed  Streamline hiring processes  Improve skills management, planning and resourcing

Impact talent management strategies needed 17 % Said 40 % Said talent deficiencies hamper strategy implementation

Agreement Executives HR

People Are Hard CLOSED

Getting Talent Right  Better project performance  Broader competitive advantage  More engaged and loyal staff  Greater financial returns

Tell A Different Story Tell me a story, and I’ll listen.

Tell a Different Story

Shell Project Academy

 Foundation  Core  Focus  Leadership & People  Toolbox

What Executives Are Saying success depends on having people with the right skills 95 % Say

Impact: Adapt or Fail

What Executives are Saying  Having the right talent will become increasingly important to strategy implementation  Improving talent processes will be the biggest challenge  Human capital will be the key source of sustained economic value

Competition Will Be Fierce!

Sleepless in the C-Suite 93 % Recognize the need to change 61 % have not done anything about it

What to do #1: Align Talent to Business Strategy PMO’s Talent Management Business Objectives

What to do #2: Align PMO with Human Resources

Align PMO with Human Resources  In identifying the competencies staff need  In recruiting outside talent  In developing and retaining high performers of HR professionals say they are “highly mature” % Only 25

The PMI Talent Triangle

What to do #3: Take it to the CEO 23 What profession DOESN’T want to get in front of the CEO?

PMI 2007 Study Half of CEOs said they were spending 20% of their time on talent concerns

It Will Always Be About People! Fundamentally, a programme’s success is founded on people and skills. Thus talent management is core to every successful PMO. – Tony Gayter, VP, Global Program Portfolio Management, HP

Change in HR Practices

What You Bring to the Table

Where We Can Get Better A stronger alignment between organisational strategy and talent management strategy

Continuing Certification Requirements System The PMI UK CHAPTER are pleased to announce that you can claim your 1 x PDU for attendance at this event using Category A (Courses offered by PMI’s R.E.P.s or Chapters and Communities). Find the event online at the CCRS registry and type in the Activity Name in the “Quick search box” Project Management Institute Event Details: Activity Name: Talent Management: A Strategic Imperative Activity Number: Provider Name: PMI United Kingdom Chapter Provider Id: C075