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Introduction to Talent Development Reporting Principles (TDRp)

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1 Introduction to Talent Development Reporting Principles (TDRp)
David Vance, Executive Director Peggy Parskey, Assistant Director Center for Talent Reporting

2 Talent Development Reporting Principles (TDRp)
What are they? Standards and guidance for measuring, reporting, and managing human capital Why were they created? To significantly improve the management of human capital Show alignment with key company goals Get agreement with sponsors on expected impact of initiatives Set outcome, effectiveness, and efficiency targets Show value of initiatives From any methodology including Kirkpatrick, Phillips, Brinkerhof Execute your human capital plan with discipline Using industry-standard measures, definitions, and reports Center For Talent Reporting 6-Feb-13

3 Talent Development Reporting Principles (TDRp)
What HR processes are included? TDRp for L&D completed in 2011 Extended to all HR processes in 2012 Learning & Development Talent Acquisition Leadership Development Performance Management Capability Management Total Rewards (C&B) Who created TDRp? Industry thought leaders and leading practitioners like Jac Fitz-enz, Laurie Bassi, Kent Barnett, Dave Vance, Jack Phillips, Tamar Elkeles, Josh Bersin, Rob Brinkerrhof, Claudia Rodriguez, Carrie Beckstrom, Jeff Higgins Using existing measures from ASTD, SHRM, Fitz-enz, Higgins, others Center For Talent Reporting 6-Feb-13

4 Executive Reporting Process
TDRp Framework Executive Reporting Process Senior Executives Talent Development Executives Executive Reports Talent Development Summary Report Quarterly Talent Development Program Report (s) Monthly Talent Development Operations Report (s) Monthly Outcome Statement Effectiveness Statement (s) Efficiency Statement (s) Statements Data Sets Note: Data sets can be organized by processes and/or efficiency, effectiveness & outcomes Guiding Principles Outcomes Effectiveness Efficiency Talent Development Processes Talent Acquisition Leadership Development Learning & Development Capability Management Performance Management Total Rewards Extract, convert and calculate Standard Measures Data Sources Financial Systems Non-Financial, non-TDR Systems Evaluation, EOS Systems Others: HRIS, LMS, CRM, ERP

5 The Center for Talent Reporting: The Home of TDRp
Established October 2012 Not-for-profit, 501c(6) organization (used for trade associations) Funded by sponsors, members, revenue from workshops Governed by nine-member Board of Directors Including a Standards Committee to provide continued guidance on standards and reporting and an Advisory Council Led by Dave Vance, Executive Director Former Chief Economist, Caterpillar, and President, Caterpillar University Peggy Parskey, Assistant Director 230+ members from 10 countries, 12 sponsors Center For Talent Reporting 6-Feb-13

6 CTR Mission & Vision Mission: Improve the measurement, reporting, and management of human capital.  Vision: Talent Development Reporting principles are broadly accepted and widely employed to deliver significant planned, measurable impact effectively and efficiently. Business model: Others provide consulting and software. Center for Talent Reporting • CTR Introduction Deck 23-Nov-18

7 Learn More about TDRp Learn more at www.CenterforTalentReporting.org
Introduction to TDRp whitepapers Over 500 measures More than 66 sample statements and reports Guidance on implementation Workshop, webinar, and conference registration Membership and sponsorship information Contact Dave Vance for more information: Center For Talent Reporting 6-Feb-13


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