Turning into the Talent
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Transcript of Turning into the Talent
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8/7/2019 Turning into the Talent
1/5
management talent4a k r , k r r. t r j zzr: r r r , r r, Wf a.
Recently
thRee ig-powrd
xuivs dfd from
suprmark ai tso.
I was as ad mos
prooud isa of
froious ba for braipowr
swpig roug
boardroom. Aross gob
ompais of a sizs ar
avig o fa fa a i
oug ims surviva ad
suss dpd o araig,
dvopig ad raiig ksaff. compais, ik ouris,
ar raisig a ir fuur
prospri dpds o o o
aura rsours or v o
fiaia apia, bu as Fortune
Magazineod r, o
uma apia.
Wv os som good
pop, tso said w r
of ompas sior pop
f, bu wv aso rruid
som good pop. tas wa
apps i ompais of our
siz. Wr orgaisaios av
a srog am a m i a
imi sop for ors o mov up
ad ad urs ar quik o
prow for ougr a jus
a if
xuiv ormaagig diror fais o
aiv args, ar
uik o as mor a r
or four ars. Fidig ad dv
opig maagm a is
bomig a ougr ag
for busisss of a sizs.
Ambiious smar ad
mdium sizd ompais rrui
sior maagrs from argr
ors. t ag of
ruig v a sma bu
growig ompa, ad
prosp of sok opios a
av mor appa a waiig
for promoio i a big firm.t w paradigm is a
maagm, wi fouss o
dvopig ad raiig good
pop. compais a ar
kow o prais a
maagm av a br
a of araig rruis a
a vs. O of ags
fa, sas Profssor car
coopr of laasr
Uivrsis Soo of
Maagm, is o idif ad
dvop x graio of
a. Wa do w do o dvop
m ad groom m for sior
jobs? Wa skis wi b dd
i x fiv ars?.
tuninginto
thetalent
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8/7/2019 Turning into the Talent
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up a maagm
prosss, sa auors of
t essia Guid o
Maagig ta bu ra
suss oms w ougag wi ars ad
mids of idividuas.
Idividuas joiig a
orgaisaio d o f a
ar vaud ad a ir
oribuio wi mak a
diffr.
A dad ago, maagm
osua Mkis
pubisd t War for ta,
wi prdid a mos
sussfu firms woud b os
a mad araig, dvopig
ad raiig ir k saff a
major sragi priori. you a
wi war for a, osuas advisd, bu firs
ou mus va a
maagm o a burig
orpora priori. to ara
ad rai pop ou d,
ou mus ra ad prpua
rfi a mpo vau propo-
siio sior maagms
aswrs o w a smar
rgi, ambiious idividua
woud wa o om ad work
wi ou rar a wi
am x door.
Obvious as a
Mirosof or IBM ook for i
ir mpos ar diffr
from os dd b girs,
osuas, rairs or baks.
is a of Sv Jobs, ceO of
ompur maufaurr App,
wo irs pop wi a
iriguig bakgroud ad
xraordiar ass, forxamp ariss, pos ad iso-
rias. tir magi, aordig o
Jobs, is a av xposd
msvs o bs igs
a umas av do ad
broug os igs io ir
projs. Jobs origia
Maios am was a
marvous mix or ariss ad
girs. tir asi
irss wr as srog as ir
i irss.
A w sud b maagm
osua Aur as
foud mor a wo-irds of
xuivs ar dp worridabou ra of o big
ab o rrui ad rai
bs a. t surv of mor
a 850 op xuivs from
US, UK, Ia, Fra, Grma,
Spai, Japa ad cia foud
worris abou a
maagm wr growig,
wi 67 pr is ar puig
i sod o bid omp-
iio as k ra, up from
six ou of as ar.
nar af of Briis xu-
ivs wr worrid abou
ff of ow mpo mora,
wi ar a ird poiig o
aor a maagm
issu isabii a op as
orpora uur, wi 46 pr
worrid abou maagig
rmo saff ffii.
Goba, ar wo-irds of
os pod pu ompiio a op of ir is of fiv k
ras. t a of goba
oom ad a iabii o
ara ad rai bs a
am joi sod, foowd b
ompa rpuaio (62 pr
) ad iabii o dvop
w produs ad srvis (jus
ovr af).
I odas mui-poar word
wr oomi powr is
disribud amog muip
rs of oomi ad
busiss aivi war for
a as go goba, sas
Mark Fros, Aurs groupif xuiv maagm
osuig ad igrad
marks. Addiioa, w
oogis ar rasformig
aur of work, skis
dmadd, mar i wi
work is sourd goba, ad
was i wi pop oab-
ora. ladig orgaisaios
mus buid apabiiis o udr-
sad ad sour a mor
sragia, basd o ar
dfiiios of skis gaps ad
ds for fuur, adds.
Global cHallenGesGobaisaio was a growig
issu for xuivs
y r r r v
rrr rr
talent six stepsto success
L Talent management is
everyones job in yourorganisation.L Talent is the single mostimportant force creating strategicvalue for your organisation.L Ask yourself: why would asmart energetic and ambitiousindividual want to come and workfor you?L Talent is the engine of themodern organisation andengagement is the mysteryingredient that can transform theengines output.L A human capital strategy is
essential to support yourorganisations strategic goals.L A talent powered organisationis an organisation that invests in
ky p
A fif said ir orgaisaios
wr o adqua quippd o
sud as goba rpriss.
Rapid goba busiss
xpasio prss sigifiamaagm ags ad
opporuiis, sas Fros. As
ompais xpad ad r
s w marks, ir suss
wi dpd o sramiig
ir goba opraios ad
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8/7/2019 Turning into the Talent
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general topic specific bitmanagement talent6
diffriaig ir produs
ad srvis. A sam im,
sior maagm mus
maiai ad srg ir
ompas or vaus ad
orpora idi, as w assur a divrs ad ig
oaboraiv adrsip am
wi kowdg a spas
dispara marks, adds.
Modr maagrs av a k
ro o pa i dvopig am
mmbrs or risk osig m o
mor progrssiv riva firms,
aordig o Ad horb, wo
was adud from a sior
maagm posiio a ASDA
suprmarks o ro of
rai diror a hBOS, ad wo
ars ago bam if
xuiv of bak.
I a osumr basd
busisss, sas, w av o
g basis rig: srog
maagm is ards
aribu for ommria
ompiors o rpia. I ma
b im osumig ad ard
work, bu a maagm is
uima ssia o raompiiv advaag.
compais a si doub
vau of araig ad dv-
opig a soud bar i mid
a oda ad i forsab
fuur w av o omp wi
aroud 200,000 w ompur
si graduas avig
Idia isius vr ar ad
820,000 girs wo
graduad i cia r.
t auors of t ta
Powrd Orgaisaio
(pubisd b Koga Pag) go so
far as o argu a a as
bom mos ssia faor
i xuig our os
busiss srag. ta is a
We would prefer to call ittalent development, as it isactually quite difficult tomanage talent. Talent slips androlls around an organisationand often before you realiseit, it has disappeared out ofthe door.
Organisations often try to
set-up talent managementprocesses, but real successcomes when you engagewith the hearts and mindsof individuals. The organis-ations that achieve mostsuccess with this are thosewhere the visions and valuesof the organisation are alignedwith the individual.
Fundamentally, talentdevelopment needs attentionto make it happen. It also needsa holistic approach, likecustomer service, qualitystandards, and health and
safety. You cannot just give theresponsibility to one personand hope that it will happen.There has to be a belief and acommitment to make it happenfrom the CEO and the executiveright through line managementto the newest recruit.
Organisations can convincethemselves that talentmanagement is being carriedout when they create asystem to define the steps oroutline a process to managetalent. However, talent
development only happenswhen you create a culturebased on shared valuesand beliefs, where thinking
its commitment through itsbehaviours and attitudes.
Individuals joining anorganisation need to feelthat they are valued andthat their contribution willmake a difference. It iseasy to say that this ishappening, but far harderto have concrete evidenceof its application.
In any discussion abouttalent development, it isimportant first to emphasisethe development of allindividuals. No organisationshould focus all its attentionon developing only part of itshuman capital. What isimportant, however, is
recognising the needs ofdifferent individuals withinits community.
In the search for aneffective process fordeveloping talent, mostorganisations recognise theneed to do it differently. Thechallenge is often to identifyhow and where to start. Wewanted to identify modelsand case studies that providerelevant examples of how tomove from the theory topractical application.
We also recognised that
talented people do notnecessarily fit into an easysystem of classification.People are talented in manyways. Some may have aparticular aptitude for doingsomething which may beprimarily skill based. Othersmay be gifted artistically andyet others may demonstratetheir talent in more courageousways and may be seen asmaverick in their approachto life.
L th e G mgg t y Kyth ay P, ph y Kg Pg p 18 99
what is talent management?
i r rt e g m t,r Ky th ady p rk
h
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8/7/2019 Turning into the Talent
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mr rv k r
v r rrk
r rrvrv r
a os dsribd i ov-
ioa oomis. A uma
apia srag is ssia o
suppor our orgaisaios
sragi goas.
Focused Facultiest immdia or,
owvr, ras o fidig
ad pop. Ma
ompais sd ir mos
promisig xuivs o
busiss soos ad rrui
from uivrsiis. t as
rd is for ompais o s up
ir ow orpora uivrsiis
o offr aior mad, rar a
aadmi, raiig. For
xamp, Briis tom
Uivrsi i USA fouss o
rraiig o m agig
dmads pad o mpos as
oogis ar rpad ad
prais rdfid. Or
Baras i UK, S
Uivrsi i europ, AVAyA, a
adig nis Uivrsi,
arig arm of nis Mdia
Rsar ad Uipar
Uivrsi, ad Auomoivcompos Pars compa,
wi ivovs suppirs ad
usomrs i is ourss.
Of ours ivsm i
raiig ad dvopm is of
i vau uss ffivss
a b masurd a rguar
irvas ad r is dfii
improvm. A Roa Bak
of Soad (RBS), sigifia
grow si a 1990s
rsuig i 135,000 mpos
ad 35 miio usomrs i 30
ouris oda. t ro of is
uma rsours fuio ad
o b rasformd from rasa-
ioa admiisraio io a
busiss fousd ad vau
iformd busiss disios,
sas Grig Aik, ad of
uma apia srag.
Iformaio is gard
roug joirs ad avrs
qusioairs, xra b-markig ad pus survs,
ikd o a aua goba
mpo opiio surv s
ou o a mpos. tis
abs group o moior is
ig drivrs of mpo
gagm mpo rog-
iio, prforma ad dv-
opm opporuiis, raio-
sips, oa rward, work
isf, produ brads ad
rpuaio, adrsip, ad
work-if baa.
I a orgaisaio of
siz ad ompxi of RBS,
hcM srag provids our
busiss adrs wi a udr-
sadig of ik bw
case studies
1. p B asssEngineering consultants PeterBrett Associates was founded 43years ago in Reading to providestructural and civil engineeringadvice to an architectural practice.It is one of the largest independ-ent consultancy practices in theUK, employing some 540 staff,covering all broad engineeringand environment relateddisciplines in 11 UK and eightoverseas offices. Talent focus isled by the HR team. We areproud of the investment we makein our people, says senior partnerSteve Capel-Davies. By recruiting,motivating and retaining highcalibre employees, PBA provides aquality service for our clients. Theconsultancy operates an annual
staff assessment programmelinked to training. We encouragepeople to work for a furtherdegree or professionalqualification. In short, weencourage people to develop.
Peter Brett Associates wasvoted the highest ranking multi-disciplinary engineering firm inthe Sunday Times Best companyto work for awards.hp://www.p..k/
2. as Bw BvABB is an employer of choice forengineering and science
graduates, offering a hugediversity of opportunities, coupledwith firm support for employeedevelopment and a good workenvironment. ABBs internationalstatus is also highly attractive tostudents who value the Groupsmulti-cultural composition, theproducts, and leading-edge tech-nology, as well as the opportunityto work abroad, the focus ondevelopment, and the opportunityto job-rotate worldwide. To quotea student: My skills are constantlyput to the test in this complex and
challenging environment. Trainingoffered by ABB is central. ABBtakes care of its employees andprovides challenging
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8/7/2019 Turning into the Talent
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