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Name of presentation Case for a Talent Management System

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Presentation on theme: "Name of presentation Case for a Talent Management System"— Presentation transcript:

1 Name of presentation Case for a Talent Management System
13 November, 2019 Talent Management System 11/09/2019 How to Manage Talent? Case for a Talent Management System Okan Kibaroglu, Head of Governance, Imperial College London

2 Agenda What is your most important resource?
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 Agenda What is your most important resource? How to account for it? The need! Talent Management ocean and how to dip your toe in it? IT Specifics: SFIA Our journey to a digital solution Taster Demo of the Lexonis TalentScape system

3 Most Important Resource?
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 Most Important Resource? This Photo by Unknown Author is licensed under CC BY This Photo by Unknown Author is licensed under CC BY-SA-NC

4 Accounting for the Value of People
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 Accounting for the Value of People Wrong side of the balance sheet Human Resources -> Human Capital How do we account for the value added? Talent Management System Recruitment, Learning, Performance, Goal, Compensation, Career Dev., Succession Plan. Economic downturn - pay the price. Accounting peculiarity; account sheets, cost. When a company downsizes its workforce, the market considers that it reduces its costs and therefore the share price goes up. It is absurd because in fact the company loses management competencies and personal skills, and should be less valuable.  Should we look into how we start seeing people as investment, rather than cost. We will leave it to accountants; what can we do to start seeing our people as investments, the talent they bring, and start measuring it! That’s where a TMS comes into the picture. Staff survey / career prospects; Role profiles / job descriptions This Photo by Unknown Author is licensed under CC BY-NC-ND

5 SFIA: Skills Framework for Information Age
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 SFIA: Skills Framework for Information Age A common language for IT skills (competencies) A non-profit organisation overseeing it ( A matrix of IT competencies - 102

6 Job profiles / Job Descriptions
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 Job profiles / Job Descriptions

7 Implementing Lexonis TalentScape
Name of presentation 13 November, 2019 Review SFIA Define Job Profiles Assign Job Profiles Assess/Validate Skills Identify Skill Gaps Career Development Analyse Capability Talent Management System 11/09/2019 Implementing Lexonis TalentScape Career Development Team Development Career Objectives Workforce Analytics Job Capability Analysis – Business Analyst Analyse capability Consulting Tools – Job Profile Finder

8 Benefits Job profiles completely transparent for all
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 Benefits Job profiles completely transparent for all Consistency of job profiles Any changes to competencies reflected in job profiles immediately Improved personal reviews using assessment / validation cycle Better informed learning and development requests Career development choices and paths are at staff members’ fingertips Improved understanding of skills and talent available in ICT

9 Questions okan@imperial.ac.uk https://www.lexonis.com/
Name of presentation 13 November, 2019 Talent Management System 11/09/2019 Questions This Photo by Unknown Author is licensed under CC BY-NC-ND This Photo by Unknown Author is licensed under CC BY-SA This Photo by Unknown Author is licensed under CC BY-SA

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