TALENT MANAGEMENT Presented by Stephen Alexander, Ph.D. HPS University.

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Presentation transcript:

TALENT MANAGEMENT Presented by Stephen Alexander, Ph.D. HPS University

TALENT MANAGEMENT TALENT WAR IS A FACT AND PART OF CORPORATE COMPETITION

TALENT MANAGEMENT TALENT MANAGEMENT IS: THE STRATEGIC AND DELIBERATE FOCUS ON THE ATTRACTION, SELECTION, RETENTION AND DEVELOPMENT OF THE RIGHT PEOPLE FOR POSITIONS IN THE ORGANIZATION

TALENT MANAGEMENT WHAT ARE YOUR TALENT CHALLENGES?

TALENT MANAGEMENT KEY LEADERSHIP COMPETENCY THINKING STRATEGICALLY MANAGING DAILY A PROCESS - NOT AN EVENT PLANNED & ON-GOING STRUCTURED

CRITICAL QUESTIONS  DO YOU KNOW THE TALENT YOU HAVE?  WHAT PIVOTAL POSITIONS WILL YOU FILL IN THE NEXT 6-12 MONTHS?  WHERE WILL YOU FIND THE TALENT YOU NEED?

TALENT MANAGEMENT  NEEDS ANALYSIS  FORECASTING THE TALENT PLAN  LOOK TO THE TRENDS  TURNOVER  TIME TO FILL  COSTS

NEEDS ANALYSIS  COMPETENCIES  CORE COMPETENCIES  POSITION COMPETENCIES

TALENT MANAGEMENT PROACTIVE PEOPLE PLANNING

ATTRACTION CREATING AND COMMUNICATING THE ORGANIZATION ’ S STORY... WHY VO! WHY THIS POSITION!

SELECTION KEYS TO DETERMINING THE RIGHT CANDIDATE COMPETENCIES CULTURE COMMON VISION

SELECTION  REVIEWING THE RESUME  BEHAVIORALLY BASED INTERVIEWING TO THE COMPETENCIES  COMPARING CANDIDATES

PERFORMANCE MANAGEMENT ONGOING OBSERVATION, FEEDBACK AND CALIBRATING “CATCH ’EM DOING IT RIGHT” BUILD A POSITIVE AND PROACTIVE RELATIONSHIP

DEVELOPMENT BUILDING THE TALENT BENCH PIVOTAL POSITIONS IDENTIFYING HI-POTENTIALS POSITIONING FOR LARGER PERFORMANCE

RETENTION  KNOW YOUR EMPLOYEES  KNOW YOUR COMPETITION  KNOW YOUR COMPETITIVE STRENGTHS IN THE TALENT WAR  ADDRESS KEY GAPS

RETENTION MOST CITED REASON FOR EMPLOYEE LEAVING FOR ANOTHER JOB...?

SUMMARY TALENT IS THE MOST IMPORTANT ASSET THE ORGANIZATION HAS MANAGING TALENT SUCCESSFULLY IS FUNDAMENTAL TO SUSTAINING BUSINESS SUCCESS