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Talent Management Enhancing the attraction, long-term development, and retention of key human resources to maximize performance.

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Presentation on theme: "Talent Management Enhancing the attraction, long-term development, and retention of key human resources to maximize performance."— Presentation transcript:

1 Talent Management Enhancing the attraction, long-term development, and retention of key human resources to maximize performance.

2 Nature Of Talent Management
Key Areas of Talent Management Creating and maintaining an organizational culture that values people Identifying future needs and developing individuals to fill those needs Developing a pool of talented people who can supply future job needs Establishing ways to conduct and manage activities to support talent development

3 Talent Management HR Planning Recruiting Selection Training
Career & Succession Planning Performance Mgmt Retention

4 Effective Talent Management

5 Careers and Career Planning
Series of work-related positions a person occupies through life. Career Paths Employees’ movements through opportunities over time.

6 Careers and Career Planning
Org-Centered Career Planning Identifying career paths that provide for logical progression of people in jobs in the organization. Individual-Centered Career Planning Focuses on an individual’s career interests rather than on org. needs.

7 Organizational and Individual Career Planning Perspectives

8 Individual Career Planning Components
Self-Assessment Feedback Setting career goals

9 Individual Career Choices
Interests Self-image Personality Background Family Education

10 General Career Periods

11 Portable Career Path

12 Career Transitions and HR
Minimizing entry shock for new employees Orientation/Socialization Supervisor Time Realistic Job Preview

13 Special Individual Career Issues
Technical and Professional Workers Dual Career Ladders Women and Careers Sequencing Glass Ceiling Dual-Career Couples Family vs.Career Relocation Global Career Concerns Repatriation Global Development

14 Developing Human Resources
Development Efforts to improve employees’ ability to handle a variety of complex assignments (knowledge work). Developing Specific Capabilities/Competencies Lifelong learning Redevelopment

15 Development vs. Training

16 HR Development Approaches

17 Possible Means for Developing Employees in a Learning Organization

18 Management Lessons Learned from Job Experience

19 Management Development
Supervisor Development Leadership Development Executive Education Management Mentoring Management Modeling Management Coaching Management Development Methods

20 Stages in Management Mentoring Relationships

21 Problems with Management Development Efforts
Common Problems in Management Development Failing to conduct an adequate needs analysis Trying out fad programs or training methods Substituting training instead of selecting qualified individuals Failing to address organizational factors that result in encapsulated development

22 Succession Planning Process

23 HR’s Role in Succession Planning
Identifying development needs of the workforce Assisting in identifying needed future job skills Noting employees who might fill future positions Communicating the succession planning process to employees Tracing and regularly updating succession plan efforts Succession Planning

24 Value Added by Succession Planning
Supply of employees to fill future key openings Providing career paths and plans for employees, increasing employee retention and performance motivation Continually reviewing human capital needs as organizational changes occur Enhancing organizational “brand” and reputation as a good place to work

25 Common Succession Planning Mistakes
Focusing only on CEO and top management succession Starting too late, reacting to openings Not linking to org strategic plan HR not involved in planning process Looking only internally for succession candidates


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