Archive for September, 2011
The Benefits of Integrating Learning With Talent Management
Individual performance, along with the performance of teams and an organisation’s whole workforce; identifying and analysing knowledge, skills and competencies; succession planning, and enterprise collaboration tools are all part of ‘talent management’ – and, for various reasons, talent management is playing an increasingly important role in helping private sector organisations to remain competitive in the current economic climate and public sector organisations to provide value for money to all their stakeholders.
This is reflected in the findings of recent studies. Back in 2009, Bersin & Associates’ Talent Management Factbook stated that companies with mature, integrated talent management strategies have significantly lower turnover; have experienced less downsizing through the economic recession, and their revenue per employee is 26% higher than companies without an integrated talent management strategy. The Bersin study also suggested that, while only five per cent of companies were at an ‘advanced’ stage in the implementation of talent management technology, only 15% of companies had not even begun to implement talent management strategies – and this compares with 26% of companies in 2008. Read the rest of this entry »
Tags: talent managementRelated posts
#1 Talent Management Skill – Breakfast, Lunch & Dinner For Zoomers and Super Zoomers
Feedback — the #1 talent management skill, is the Breakfast, Lunch & Dinner of Champions
* Super Zoomers, like Art Cowie, MCIP, 74-year-old landscape architect, urban planner and developer in the City of Vancouver uses the power of feedback to keep themselves alert, relevant and creative. Art has designed and is in the middle building an award winning fourplex on Vancouver’s latest Translink route.
* Zoomer, Jan Dickson, 54, an accomplished business professional, is widening her horizons by learning how to express herself in her art works.
Wise Zoomers and Super Zoomers, threatened by the events of this Great Disruption, stop, look, listen. We then assess the feedback we are getting from this evolving world, then act to increase our sense of power, joy, health and abundance. The most powerful way of talent managing oneself and others to improve, is by giving and receiving feedback.
We have grown up in a society in which criticism has been freely given with the intent to diminish the person. We associate feedback with negative, bad, scary or hurtful.
Feedback, (a) when given competently, (b) with the intention to help and (c) with an attitude of respect is one of the most powerful tools people can develop. If you’re not giving and receiving feedback, then acting on it, you are falling behind. You are becoming more vulnerable to becoming irrelevant and de-valued.
A Self-Assessment – how am I doing?
Here is a little survey with which I can gain some awareness about my approach toward feedback. The intention is for me to become more skilled in this most influential, people-connecting tool. When going through this survey think about “dicey” situations in which I am about to give and/or receive feedback. Read the rest of this entry »
Smarter Strategic Planning, Succession, Talent Management, Rhinos and the Reality Principle
There is a Rhino under the table about strategic planning. Most people will try to ignore the rumbling, smelly, dangerous beast. Planning doesn’t have to be complicated. Actually, it’s quite simple. It seems to be time consuming — it is not. It is key to making talent management work. It needs to be part of your succession plans. Without a SMARTER strategic planning process based on the Reality Principle, you can get thwacked on the side of your head. Just ask GM, Ford, and just about every bank in the world.
* Specific
* Measureable
* Accountable
* Recorded
* Time-Bound
* Ethical
* Reality-Based
Yes there is a lot to cover — but if you don’t do it, you waste a lot more time and money.
Jump start the strategic planning process with a set of simple statements:
* Describe what Joy & Profit Inc. wants to accomplish.
Here are four “thought starters” that applies to many businesses:
1. We want people to understand that when they buy from Joy & Profit Inc., they get great value for their money and time. Read the rest of this entry »