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People
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| People and Talent Management-A concise approach
People
&
A concise Approach
N.K.Betchoo
panart publication
People and Talent Management-A concise approach |
Talent management stems from the human resource management discipline but
it focuses on concepts like employee recruitment, motivation, communication,
retention, development, succession planning, leadership, etc. These attributes are
important in managing both people and talent. It is the blending of these
elements that contribute to the synergetic development of talent in the firm.
The management of talent creates wealth in business where capacity can be built
from the different competences developed. Talent management might not stop
here since it has to be retained given that employee mobility might influence
staff turnover. It is the responsibility of managers to see how they could retain
the best talent in their company.
The book has been written in a systematic way following the process of talent
management that involves entry, retention, development and performance. The
author found it right to include globalisation and diversity as inputs to talent
management since labour is more mobile than ever in a fast-moving environment
and that employee diversity also brings wealth to talent management.
It is hoped that this concise text helps the reader better grasp the talent
management concept and hopefully practise it.
Talent management is a relatively new subject area although it has been used and
applied by organisations since a long time back. Seeking talent means trying to
find out the best human resources to fit in the needs of the company, be it
current or future. Talent concerns all the skills, knowledge and attitudes that
managers expect from the workers but it does not limit itself to these three
factors. Talent has to be found out first and then consistently developed so that
it remains an asset for the company in question. One can then say that most
employees are talented because they provide what they can best undertake for
their company in question. This is a correct argument because companies will
buy firstly the skills and use them for their own benefit.
The question here is why companies focus on talent. Are the essential personnel
specifications sufficient prior to recruiting? In fact, companies will rely on
existing data regarding the choice of their employees but it is not an end in itself.
Just think of a company that recruits very skilled workers on paper and believes
that it will achieve excellence in the coming future. This might be true but
equally true if the talent of the worker is not developed. There might even be the
risk of failure if talent is not harnessed.
capital in the form of talent. Given that it is a relatively new topic in Mauritius
where focus has been on human resource development or management, talent is
already being sought in the emerging sectors of the economy and is being tapped
continuously.
Talent management suggests that companies are strategic and deliberate in how
they source, attract, select, train, develop, retain, promote, and move employees
through the organisation. Research done on the value of talent management
consistently reveals benefits in these critical economic areas: revenue, customer
satisfaction, quality, productivity, cost, cycle time, and market capitalisation. The
mindset of this more personal human resources approach seeks not only to hire
the most qualified and valuable employees but also to put a strong emphasis on
retention.
Older competency models might also contain attributes that rarely predict
success (e.g. education, occupation, and diversity factors that are illegal to
consider in relation to job performance in many countries, and unethical within
organisations). New techniques involve creating a competency style for the
organisation that includes a competency dictionary to hold the competencies in
order to build job descriptions.
| People and Talent Management-A concise approach
In adverse economic conditions, many companies feel the need to cut expenses.
This should be the ideal environment to execute a talent management system as a
means of optimising the performance of each employee and the organisation.
Selection offers are large return on investments. Job analysis and assessment
validation help enhance the predictive power of selection tools. However, within
many companies the concept of human capital management has just begun to
develop. With more companies in the process of deepening their global
footprints, more questions have been asked about new strategies and products,
but very few on the kind of leadership structure that will bring them success in
their globalisation process. “In fact, only 5 percent of organisations say they have
a clear talent management strategy and operational programmes in place today.’’
In the 1970s and 1980s the business function which was responsible for people
was called The Personnel Department. The role of this group was to hire people,
pay them, and make sure they had the necessary benefits. The systems which
grew up to support this function were batch payroll systems. In this role, the
personnel department was a well understood business function.
In the 1980s and 1990s organisations recognised that the HR function was in fact
more important - and the concepts of Strategic HR emerged. During this period
organisations recognised that the HR manager had a much larger role: recruiting
the right people, training them, helping the business design job roles and
People and Talent Management-A concise approach |
The Head of Personnel became the HR manager and had a much more important
role in business strategy and execution. The systems which were built up to
support this new role include recruiting and applicant tracking, portals, total
compensation systems, and learning management systems. In this role, the HR
department now became more than a business function: it is a business partner,
reaching out to support lines of business.
We are now entering a new era: the emergence of ‘‘Talent Management.’’ While
strategic HR continues to be a major focus, HR and R &D organisations are now
focused on a new set of strategic issues:
How can we make our recruiting process more efficient and effective by using
competency-based recruiting instead of sorting through resumes, one at a time?
How can we better develop managers and leaders to reinforce culture, instil
values, and create a sustainable ‘‘leadership pipeline?’’
How do we quickly identify competency gaps so we can deliver training, e-
learning, or development programs to fill these gaps?
How can we use these gaps to hire just the right people?
How do we manage people in a consistent and measurable way so that everyone is
aligned, held accountable, and paid fairly?
How do we identify high performers and successors to key positions throughout
the organisation to make sure we have a highly flexible, responsive organisation?
How do we provide learning that is relevant, flexible, convenient, and timely?
These new, more challenging problems require new processes and systems. They
require tighter integration between the different HR bases - and direct
integration into line of business management processes. Today organisations are
starting to buy, build, and stitch together performance management systems,
succession planning systems, and competency management systems. The HR
function is becoming integrated with the business in a real-time fashion.
Workforce Planning
Integrated with the business plan, this process establishes workforce plans,
hiring plans, compensation budgets, and hiring targets for the year.
| People and Talent Management-A concise approach
Recruiting
Through an integrated process of recruiting, assessment, evaluation, and hiring
the business brings people into the organisation.
Onboarding
The organisation must train and enable employees to become productive and
integrated into the company more quickly.
Performance Management
By using the business plan, the organisation establishes processes to measure and
manage employees. This is a complex process in itself, which we describe in
detail in Chapter eight.
Succession Planning
As the organisation evolves and changes, there is a continuous need to move
people into new positions. Succession planning, a very important function,
enables managers and individuals to identify the right candidates for a position.
This function also must be aligned with the business plan to understand and
meet requirements for key positions 3-5 years out. While this is often a process
reserved for managers and executives, it is more commonly applied across the
organisation.
Talent Management
Everyone has talent. For Siemens, matching talent with tasks produces
competitive advantage. Each individual at Siemens can make best use of their
talents, whatever they may be. Talent Management enables both:
Performance Management
Siemens has created a standard process for managing the performance and
development of all employees. This is referred to as the Performance
Management Process.
The process creates a direct link between the strategy of the whole organisation
and plans for each individual. Every individual is given targets based on their
role and responsibility within the organisation. It is through meeting personal
targets that the individual is best able to help the organisation to achieve its
targets.
setting objectives
monitoring progress made
creating an ongoing dialogue between each team member and his/her
manager
enabling forthright discussion.
All organisations need to have a sense of direction which is put into action
through a plan. This plan is referred to as a business strategy.
The part of the Siemens’ business strategy that relates to people management is
referred to as People Excellence. At the heart of People Excellence is the building
of a high performance culture. Nothing helps an individual more than to be
given responsibility and to know they are trusted.
Almost without exception, people management theorists have shown that real
motivation comes from within an individual. Individuals develop such
motivation when they feel that their efforts are valued and that they are doing
People and Talent Management-A concise approach |
Siemens believes that there are many ways to make people feel valued and
engaged. These range from a pat on the back, a personal letter or a special
mention in a meeting, to a promotion or a higher salary.
Courtesy: http://businesscasestudies.co.uk/siemens
What are the benefits of talent management at Siemens? How does people
management bring excellence to Siemens? Explain the importance of valuing
people’s talent at Siemens.
Talent management suggests that companies are strategic and deliberate in how
they source, attract, select, train, develop, retain, promote, and move employees
through the organisation.
As an organisation strives to meet its business goals, it must make sure that it has
a continuous and integrated process for recruiting, training, managing,
supporting, and compensating these people.
The War for Talent, by Ed Michaels, Helen Handfield-Jones, and Beth Axelrod,
Harvard Business Press, 2001 ISBN 1-57851
Entry is considered as the first step where the organisation decides as to how to
recruit, select, orientate and develop the employees. Recruitment seeks attracting
the most talented employees at work while selection comprises a range of tests
and interviews needed to sort out the better candidates from others. Orientation
might close to Onboarding while employee development might be a similar term
used to describe human resource development.
Employee development is the third step of the talent management process. The
development of personal competences are important both to the employee and
the firm. The competence scan be assessed through performance management
mechanisms to elicit better standards from the employee. Mentoring from
supervisors of calibre might be useful here while the tasks done by the employee
must be influenced by challenges within the job environment.
Organisations know that they must have the best talent in order to succeed in the
hyper-competitive and increasingly complex global economy. Along with the
understanding of the need to hire, develop, and retain talented people,
organisations are aware that they must manage talent as a critical resource to
achieve the best possible results.
Few, if any, organisations today have an adequate supply of talent. Gaps exist at
the top of the organisation, in the first- to mid-level leadership ranks, and at the
front lines. Talent is an increasingly scarce resource, so it must be managed to
the fullest effect. During the current economic downturn we may experience a
short end of hostilities in the war for talent, but we’re all seeing new pressures
put on the talent running our organisations. Are today’s leaders able to do more
with less? The A-players can, and there should be a strategic emphasis on
keeping those leaders—and developing their successors. Many organisations are
reducing their workforces, but let’s be careful not to cut so deep that talent is
scarce when the economy rebound.
Steps in Talent
Management-The
Sergay Group Ltd
Determine the key leverage skill sets required by the organisation in order to
move into the future. The organisation’s strategic plan should give an indication
of these, as well as what constitutes the core competence that will ensure a future
for the organisation. This will all, in turn, direct you to what talent you should be
sourcing.
Source the required people from the appropriate avenues.
Be sure to have very detailed job descriptions that include specific
People and Talent Management-A concise approach |
competencies required.
Apply behaviour-based interviewing to select the best candidates.
The ability to retain talent starts from the quality of the first point of
contact.
Carefully consider how you orientate a new employee into the culture of
the organisation, the work area, and the specific job.
Assist a new employee to transition into the organisation and to be able
to produce a quality deliverable within the first three months of tenure.
This will go a long way to ensuring that the placement will be
successful.
Retaining your talent will not solely depend on what you pay them. It is found
from exit interviews that many high performing individuals will leave an
organisation for the same or, in some cases, even less remuneration if other needs
of theirs are not being met.
The culture, the way things are done around here, plays a huge role in
creating a work environment that will draw individuals in or repel
them. The culture is created through the systems, processes,
technology, structure, leadership, and behaviours of people and teams
in the organisation.
Congruence in values between the organisation and the employee will
also exert influence on an individual’s decision to commit to an
organisation.
The most important relationship for any individual in an organisation
is the relationship with one’s immediate manager. Ensure that your
managers have the skills to constructively lead their direct reports and
their teams.
Involve individuals in decision-making in their areas of responsibility.
Involve high performers in cross-functional projects. Allow people to
feel that they are making a difference.
Make sure that each new employee is the right fit for the organisation’s
culture, and then ensure fit with the work area, and then the actual job.
Revisit this person-environment fit, as people and circumstances
change and some adjusting or repositioning may be required for best
results.
| People and Talent Management-A concise approach
Development is about growing people to meet both their own and the
organisation’s needs. Development plays a large part in talent management. No
organisation can afford to promise a person a particular job through
development. At best, you can offer the promise of making a person more
eligible to be part of a pool of talent who would be looked at when positions
open up, and then only if the existing skills match the position requirements.
In Mauritius, the term ‘‘empowerment’’ has been broadly used across industry
to mention how and why government and deciders from private companies
want their employees to develop their own competences by taking certain
decisions on their own. It is seen that providing freedom of decision to
employees (leadership continuum model) helps employees provide better
performance and develop loyalty to their organisation.
| People and Talent Management-A concise approach
The BBC has been establishing and developing its talent management and
succession processes since 2010. The aim of the overall strategy is to have
detailed and comprehensive information about their staff’s ability and
potential, so as to have the right talent available to meet current and future
business objectives.
The strategy makes use of a range of tools, including talent mapping. The BBC
is committed to talent mapping because:
It enables the organisation to have clarity about the skills needed to meet
business objectives, and a clear, consistent and comprehensive picture of the
talent and skills available, so that roles and people can be matched as closely as
possible. The best use is made of the available talent.
People feel valued knowing that their leaders are proactively engaged in
thinking about their development. They benefit from clear career direction.
Development plans can be matched to organisational and individual need.
The human resources team have records showing that 3,000 people have been
through the talent mapping process and have personal development plans in
place.
Develop succession plans for leadership and key roles, and resourcing
plans to ensure a talent pipeline;
Establish a mitigation plan for succession gaps;
Establish development plans for key talent;
Implement performance improvement for poor performers;
Set up training plans to build skills needed for the future;
Reward and recognise its staff.
What is the importance of talent mapping at the BBC? What benefit is earned
from a process of talent management which is transparent? Could this process
be adapted to Mauritius? How could it benefit local organisations?
Organisations know that they must have the best talent in order to succeed in
the hyper-competitive and increasingly complex global economy.
Many organisations are reducing their work forces but must not to cut so deep
that talent is scarce when the economy rebound.
There are some key steps in talent management that leaders must grasp. The
four key steps are: entry, retention, development and performance.
Entry determines the key leverage skill sets required by the organisation in
order to move into the future.
The firm must assist a new employee to transition into the organisation and to
be able to produce a quality deliverable within the first three months of tenure.
Development is about growing people to meet both their own and the
organisation’s needs. Development plays a large part in talent management.
The Sergay Group provided a model of talent management. The objective here
is to conceptualise the talent management process rather than letting it blurred
while enforcing that the steps follow one after the other namely entry,
retention, development and performance.
People and Talent Management-A concise approach |
The recruitment exercise will also depend on the selection techniques that
companies must adopt in the search for talent. For instance, what are the
human qualities that are required from potential staff? What are their
intellectual abilities? How to find out the drive and energy from those
potential managers likely to step into a new working environment?
Techniques of selection could focus on psychometric tests to disclose the
essential qualities of the potential managers.
| People and Talent Management-A concise approach
In the quest for talent, there is no place for complacency and approximate
search. The ethical aspect has major importance in that managers or lower
level employees who are likely to be recruited are exemplary workers with good
conduct and a high sense of ethical behaviour. If these people act as role
models for their future company on already being talented workers, the future
of the company will not be bleak. Ethics in the recruitment exercise will
certainly set the pace for the creation and development of talent at the
beginning itself and this will have an effect on the future of the firm. In a
nutshell, recruitment influences the management of talent now and in the
future in Mauritius.
Talent management systems and processes need to be integrated into the total
HRM system of the organisation. Traditional roles of HRM such as
recruitment, training, performance management and compensation need to be
aligned to support the achievement of talent management goals such as talent
turnover, employee engagement, succession pipeline ratios, etc. This article
addresses how recruitment and selection, a traditional function of HRM needs
to be managed in an organisational context that has a focus on talent
management.
Talent management has to address both current and future needs. Similarly,
recruitment as part of talent development needs to be approached with a clear
perspective of both current and future talent requirements. Recruitment
request while often raised at an operational level.
(Example: Production manager requesting for a Marketing Manager) need to
be approached with a strategy driven operational perspective.
What does this mean?
It means that each time a request for a key position is raised, the HR leader, in
partnership with the line manager would need to map out the strategy.
(Note: Key positions are positions that have a direct impact on the
achievement of business strategy and objectives):
Having defined the position profile for open talent positions, the next step
would be to recruit and select. A key challenge related to recruitment is
selecting the “right candidate”. The ideal situation would be to find candidates
with the required knowledge, skills, experience, behaviour and attitude.
However, trying to find that perfect candidate is like chasing after the wind. A
more appropriate objective would be to find candidates that achieve “Holistic
Fit”.
The holistic fit approach differs from the ideal candidate approach in terms of
its focus on finding a candidate that is able to fit into the organization and/or
has the potential to be developed into the ideal candidate through structured
internal talent development efforts.
The holistic fit approach aims to evaluate and select individuals that display a
relatively stronger fit with:
The organisation – this refers to the degree the organisational culture and
values align with those of the employee.
The team – this refers to the similarity or diversity that the open position is
expected to fill in relation to the rest of the team that the new employ will be
working with.
The superior / boss – this refers to the ability of the superior and the new
employ to build up a mutually satisfactory and beneficial working relationship.
The job requirements and expectations – this refers to knowledge, experience,
contacts, skills and competencies required for the position. In the case of
emerging industries knowledge or competencies that would provide a suitable
base platform for development would be the criteria.
Resourcing is about how organisations plan, attract, access and retain or release
people to deliver their objectives in the most effective way. Recruitment and
Selection processes are integral to any resourcing strategy.
Effective recruitment:
If staff turnover is high, determine why people are leaving your organisation; is
it due to their a need for more flexible working options or better work-life
balance?
Are they being headhunted by competitors, or is it as a result of bullying and
unhappiness in your workplace?
| People and Talent Management-A concise approach
Organisations must be able to define which talents they wish to source out.
For example qualified graduates with specialisation in a particular field are
more likely to be recruited on basis of their respective competences. A private
hospital or clinic may wish to source out specialists or surgeons who can fit in
their needs like cardiac surgeon. Sourcing these talents will be suitable at
developing or building competence. Otherwise, recruiting talented staff in the
nursing and medical field adds up to capacity building rather, a contribution to
talent management.
The Solution
The Result
How can a recruitment agency fulfil the role of finding out talents in an
organisation? Are local recruiting agencies capable of undertaking such a task?
Provide illustrations. Create a small portfolio of competences that you might
need regarding recruitment of talented staff.
The Client
Rittal (10,000 employees) is the largest company in the Friedhelm Loh Group
and the world’s leading supplier of housing and enclosure systems. Rittal’s
global presence spans over 63 subsidiaries, 10 production sites and 40 agencies
world-wide, enabling best local and direct contact to customers with unique
service delivery.
Hudson has a proven track record for delivering, having successfully placed a
candidate in a similar sales role for the business in the past. For that previous
role, the company had tried to hire directly but the calibre of candidates did
not meet the company’s specification. They therefore opened up to a number
of recruitment companies including Hudson. Hudson succeeded in placing the
candidate. A good working relationship was established with the company.
The Challenge
Rittal Ireland were seeking to recruit a senior level solutions sales person to
develop a key new business in Ireland, an important role for the organisation.
Hudson was appointed on an exclusive basis following the success of the
previous placement together with our understanding of the business.
The Solution
The Result
As per the brief, the consultant presented a short list of four suitable
candidates for first interview. Two candidates progressed to second stage and
one to final stage who was subsequently offered. Rittal Ireland were delighted
with the appointment, the service provided by the Hudson consultant together
with the added benefit of the provision of meeting rooms to conduct interviews
centrally.
| People and Talent Management-A concise approach
Why may interviews need three or more levels? Why is the recruitment of
sales staff a challenge for an organisation? How can an agency provide a
suitable database for recruitment?
Talent management systems and processes need to be integrated into the total
HRM system of the organisation.
Recruitment about attracting and securing talent for the organisation and
includes the process of matching individuals with work.
A company must prioritise staff retention and make any practical changes to
create a versatile workplace that values people and their skills.
Organisations must be able to define which talents they wish to source out.
People and Talent Management-A concise approach |
An important part of this chapter referred to the work Kevin Vince Fernando on
Aligning Recruitment to Talent Management Efforts. Information on recruitment
talent was sourced from: www.eeotrust.org.nz
| People and Talent Management-A concise approach
Employee skills are various talents that people acquire over time. These talents
are usually tuned in the job through constant repetition of tasks and projects.
Employee skills are often contingent upon a person’s job description or rank.
For example, more experienced managers will likely have better leadership skills
than hourly workers. Additionally, high level executives will usually develop
better problem-solving skills than lower ranking employees. Skills can be
classified into several components but organisational ability looks to be
prominent among managers who want to see whether the worker is capable of
clearly prioritising his goals, setting the task correctly and managing time and
effort efficiently.
Talent Management is an investment. Every company wants to have the best and
brightest employees, and with Talent Management that can be achieved. The
item that usually accounts for the highest cost for a company is its workforce.
With a company’s workforce being the highest cost to it, does it not make sense
to invest in it? With Talent Management you are developing a more skilled
workforce and attracting a higher calibre of new employee.
We all know that training and retraining costs money and Talent Management
can reduce these costs. Recruiting the correct people, and keeping a talented
workforce is a priority in today's business environment. Having a talented group
of employees has always been a key to success; it will translate into cost savings
and higher productivity. Talent Management is the investment that will pay
dividends over the course of its use (Corporate Training Materials).
Communication skills are the some of the most important types of employee
skills. Communication skills include both oral, written and listening skills
(Quintcareers.com). Managers must be able to convey their ideas to others in a
clear, concise manner. Additionally, employees must know which words to use,
enunciate them properly and speak loudly enough so their audience understands
them. Employees must also be skilled at putting their thoughts down on paper.
Effective writing skills include using the proper verb tenses for various nouns, or
arranging paragraphs in a logical way. Advertising copywriters must use
convincing headings and copy to get customers to buy their company’s products.
Most jobs today require computer skills. Computer skills can include typing
speed, as well as the ability to use various software programs. Examples of
computer software skills include the ability to use word processing, spreadsheet
and database management software. Employees will also need to be proficient in
composing, sending and reading emails from co-workers. Another type of
employee computer skill is knowing how to use the Internet for research and
informational needs.
With so many graduates now on the market, employers will look for evidence of
skills and work experience which will make you stand out from the crowd. Start
gathering them now or work on what you've got so you are ready to impress
recruiters.
Graduate employers place a lot of emphasis on finding candidates with the right
skills and competencies for their organisations. Depending on the career sector
and profession you choose to work in, there could be very specific skills, abilities
and knowledge needed to do the job. However, complementing these are general
competences and behaviours that are essential for successful working. These are
often overlooked by candidates, but they are the things recruitment professionals
want to see evidence of.
| People and Talent Management-A concise approach
This is about knowing how a business or industry works and what makes a
company tick. Showing that you have an understanding of what the organisation
wants to achieve through its products and services, and how it competes in its
marketplace. Marketing intelligence can be a suitable example of this.
Organisations seek people who are aware of what is taking place in Mauritius.
This is a much desired requirement and skill. Please see the skills required from
insurance agents, marketing and sales managers in Mauritius. A lack of
commercial awareness is likely to reduce the recruitment opportunity for an
employee.
This covers verbal and written communication, and listening. It is about being
clear, concise and focused; being able to tailor your message for the audience and
listening to the views of others. The ability to communicate impacts virtually
every aspect of personal and professional life. Effective communication skills can
make an important presentation, a major project, a key initiative or even a career.
No matter how strong a manager’s skills in the other facets of a job, the ability to
work with and lead others will depend heavily on communication.
Having the right communication skills, however, can vary depending on the
circumstances. Executives who are effective communicators in some areas may
still need work in others. And as communicating in the workforce grows more
complex, it has become more imperative that those in the talent management
function pay extra attention to the skill.
You need to prove that you are a team player but also have the ability to manage
and delegate to others and take on responsibility. It is about building positive
working relationships that help everyone to achieve positive goals and business
objectives.
This is about being able to put forward your way, but also being able to
understand where the other person is coming from so that you can both get what
you want or need and feel positive about it.
You need to display an ability to take a logical and analytical approach to solving
problems and resolving issues. It is also good to show that you can approach
problems from different angles. In Mauritian companies, employees are given
the change to undertake problem-solving activities like sales planning, preparing
the next budget, making forecasts, etc.
People and Talent Management-A concise approach |
One may not be a manager straight away, but graduates need to show potential to
motivate teams and other colleagues that may work for them. It is about
assigning and delegating tasks well, setting deadlines and leading by good
example. According to Forbes, of all the programs HR executives want to
improve, our research shows that global leadership is the priority. And Forbes’
research also shows that companies with mature leadership development
strategies dramatically outperform their peers. If there’s anything you should
invest in this year, it is expanding your global leadership development
programme.
This is about showing that you can prioritise, work efficiently and productively,
and manage your time well. It is also good to be able to show employers how you
decide what is important to focus on and get done, and how you go about
meeting deadlines.
Soft skills may in fact be more important for career development and
organisational success over the long term than many specific occupational skills.
One example that has been recently very popular is the concepts around civility
in the workplace.
This is about keeping calm in a crisis and not becoming too overwhelmed or
stressed. Mauritian companies have to address this issue and it is seen from job
descriptions how companies are concerned with it. Haven’t we heard about
meeting tight deadlines, ability to work during holidays and festive periods, etc.?
| People and Talent Management-A concise approach
In the workplace you need to strike the balance of being confident in yourself but
not arrogant, but also have confidence in your colleagues and the company you
work for.
There are certain words which are key to catching an employer’s interest.
Mention them in your CV and at interviews and see how impressed they are with
your business-speak (but do not go overboard or you will sound peculiar).
You can also talk in terms of actions that you achieve through your skills by
using good, strong verbs in applications and interviews:
Make the most of university life and extra-curricular activities to develop your
general skills.
Plan early to get relevant work experience and voluntary work which will give
you moves that will make you work ready: have something lined up for each
vacation, and get ready for formal placement and internship applications at the
beginning of your second year.
Dutifully record the skills you gain and work experience activities you do so that
you can pull out good examples on applications and in interviews.
Network! Use family, friends and contacts to get work experience and to find out
more about career areas that interest you.
Visit the Mauritian Careers service: find out whether it runs any employability
skills sessions; sign up for relevant courses and workshops; get help from a
careers adviser to write a CV that really showcases your competences and
abilities.
Always do your homework before applying for jobs. Employer research will help
you identify the skills and competences a particular organisation places most
emphasis on. In turn, you can tailor your application so that it stands out. One
employer’s understanding of ‘‘using initiative’’ might be considered ‘‘risk taking’’
by another. For example, in organisations where following procedures
People and Talent Management-A concise approach |
The purpose of this case study was not to say that you should copy everything
Apple does, but rather to point out that with relentless execution and focus on
key factors even a firm near bankruptcy can fight its way back to the top. In 13
years Apple has transformed itself from an organisation of the verge of collapse to
the world’s most valuable firm, amassing a phenomenal innovation record in the
process. While Apple’s approach wouldn’t work for every firm, there are lessons
to be learned that can influence program design regardless of industry, firm size,
or location.
Final Thoughts
The three “big picture” learnings I hope you walk away from this case study with
include:
These three factors are not easy to copy, but they are certainly worth emulating.
If you can bring them and the results that they produce to your firm, there is no
doubt that you will be a hero.
Given that Apple expects employees to be self-reliant and that its retail salesforce
for example receives no training on how to sell, a practice that is certainly
unconventional in the retail environment. How does Apple’s employee
ownership of development encourage employees to continuously learn in order to
develop the skills that will be required for new opportunities? The concept of
making managers undisputed kings can be an opportunity for managers to
develop their skills independently. How does this apply to Apple in this case
study? Refer to the last chapter: Final Thoughts: How do the concepts
mentioned develop competencies?
Employee skills are various talents that people learn over time and are usually
honed on the job through constant repetition of tasks and projects.
Prioritising tasks entails listing things in order of importance, then making sure
the most important tasks are completed first.
Communication skills are the some of the most important types of employee
skills.
Effective writing skills include using the proper verb tenses for various nouns, or
arranging paragraphs in a logical way. Advertising copywriters must use
convincing headings and copy to get customers to buy their company's products.
Most jobs today require computer skills. Computer skills can include typing
speed, as well as the ability to use various software programs.
Graduate employers place a lot of emphasis on finding candidates with the right
skills and competencies for their organisations.
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Managers are also liable for skills and these ……………….. ………………
must be developed as well.
Capacity building could have been a term with a vague meaning if it had little to
do with the development of talent. Managers in both public and private sectors
of Mauritian companies can think of capacity building by considering the critical
mass of employees with the intention of developing talent in the firm. A large
number of well-trained public and private employees in the country would mean
that capacity is being created. For instance, providing training in the
Information and Communications Technology area could mean that employees
or the population at large benefiting from such training has created some
capacity. This term was also important in the past during the early years of
industrialisation of the Mauritian economy where the shortage of skilled
employees impacted the development of the textile sector and needed the
development of capacity in that sector.
From that point, capacity building has become important for the country because
skills shortages might be appalling in certain areas. Capacity, in itself, can mean
different things. This can first come from the number or quantity of staff needed
in a particular sector. Understaffed departments will hence lack capacity.
Further, capacity could be also addressed in terms of the competences required
from the staff. A private clinic in Mauritius could consistently develop its
capacity by looking for well-talented employees.
Capacity building starts from the development of a company portfolio where the
internal audit highlights the strengths and weaknesses of each department. It is
from this position that managers come to find out what they are really lacking
and how they might also call for more competences from the external labour
market given that internally, it is difficult to meet the needs and expectations of
the department. In parallel, there might also be the need to develop programmes
that can effectively address the issue of capacity building.
nowadays but might address the issue of capacity building. In a similar manner,
such employees are also developing their talents and become liable to supply
their competences to management. The argument lying here is whether this
practice clearly explains capacity building or it is more a haphazard way to
develop capacity. Still the talent could be useful here.
All around the globe, the transformation of traditional staffing into talent
management is happening among leading organisations. Like many evolutionary
changes, this one got off to a slow start, but it is picking up momentum
exponentially. Driving this transformation is the realisation by senior leadership
that talent — as much as, if not more than, technology — is the driver capable of
increasing or limiting the capability or capacity of the organisation. Supported by
the select few human resource professionals who ‘‘get it’’ and a host of talent
imported from other functions, these organisations are going where none have
gone before, establishing new practices that demonstrate talent management is as
much a science as any other management discipline.
Capability and capacity planning from the talent management perspective is all
about balancing the ‘‘load’’ of labour needed by an organisation to meet or exceed
its strategic objectives with the optimal mix of ‘‘resources’’ capable of doing so.
CCP is in use throughout most organisations and can be easily identified in the
IT function, where CCP looks at the demand for network bandwidth that will be
placed on the network infrastructure (often referred to as network load) and the
mix of hardware components that have the capability (features) and capacity to
meet the forecasted demands. If a manager asks around, he will probably find
CCP at play in every function of your organisation in one form or another.
With the understanding that talent can be managed on a macro level like any
other asset, let's turn our attention to the leading practice in the area of talent
management, talent resource planning.
Talent resource planning is the application of CCP to the inventory of talent that
comprises the organisation.
The capability and capacity of labour needed to achieve the strategic objectives of
the organisation.
The disaster plan should any of the methods fail to close the gaps in the time
allotted.
One of the questions that arises when analysing the methods capable of filling
the gaps in an organisations talent inventory is, which method produces the
greatest cost/benefit to the organisation?
It is widely accepted that there are only two methods of augmenting the
inventory of skills present in your organisation:
As anyone who has ever baked a cake, painted a house, or built a piece of
furniture can attest, sometimes it is cheaper to build or develop from scratch than
to acquire something ready to use.
When you procure something that is ready for immediate use, you pay a higher
margin - after all, whoever sold it to you has to derive some value for doing the
work for you. The same is true with talent in an organisation: acquiring talent
may be costlier than developing it, but it also may not be. In a talent
management organisation, a robust analysis coordinates both the distribution of
labour and methods used to produce talent resources.
To help one get started, the following are some of the types of data that will be
needed to help power a talent resource planning initiative in an organisation:
Projected cycle times to source, screen, offer, and hire talent needed according to
skill type and mastery level needed.
People and Talent Management-A concise approach |
Total projected talent acquisition cost according to skill type and mastery level
needed.
Historical time to minimum productivity for new hires according to skill type
and mastery level needed.
Cycle time to develop needed skills profile, according to skill type and mastery
level needed.
Cost to develop skills profile by resource needed.
Are you as a talented manager ready to compete globally? You had better be!
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Insight: India and Mauritius sign MoU for capacity building skills
India and Mauritius today signed an agreement in the field of skill development
and capacity building aimed at development of micro and small units. The
Memorandum of Understanding (MoU) was signed between Minister of State
(Independent Charge) for Micro, Small and Medium Enterprises (MSME) K H
Muniyappa and Mauritius Minister of Business, Enterprise and Cooperatives, an
official release said. Muniyappa exuded confidence that through this positive
engagement his ministry would be able to create an ideal framework for further
collaboration in this sector.
Under the MoU, surveys and feasibility studies would also be carried out to
identify thrust areas and opportunities for development of these units in
Mauritius, it added. Besides, the two ministers discussed the possibility of setting
up of a vocational training-cum-incubation centre for the benefit of Mauritian
SME sector. An incubation centre would provide hands-on practical training to
the first generation budding entrepreneurs and unemployed persons in order to
equip them with knowledge and expertise for setting up new enterprises.
People and Talent Management-A concise approach |
Public sector organisations that rely on recruiting school leavers and graduates
(such as the Police Service and the NHS) are already battling against private
companies for the brightest youngsters.
Indeed, the Metropolitan Police Service’s recent review of its talent management
strategy was promoted by a concern about the need to compete for young talent.
Equally concerning is the fact that many senior officers with the ability to lead
command teams and who have invaluable public order experience will be eligible
for retirement just when the 2012 Olympic Games come to London. Public and
private sector organisations are also beginning to experience skills shortages
caused by a complex interplay of factors such as changing demographics;
international competition; the changing composition of the workforce, especially
the shift away from white males to more women and people from ethnic
minorities; and the serious ‘‘brain drain’’ affecting the UK. Reportedly the worst
among 220 countries, the UK brain drain represents a serious loss of experienced
professionals.
A report by the Office of the Deputy Prime Minister urged local government to:
•recruit from the widest possible pool of talent
•better manage the careers of high fliers
•recruit more graduates
•facilitate more movement of talent staff across the public sector
•participate in joint leadership development with other public sector
organisations.
More recently, the IDeA’s five strategic priorities repeatedly mention talent and
the need to “identify, develop and motivate talent”. A report about talent
management by PSPMA also concludes that local government needs to become
better at talent management for all employees, not just an elite group.
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Talent management, says PSPMA, “is about developing pools of skills, giving
employees the opportunity to widen the scope of their expertise and experience
while at the same time providing organisations with the talent they need to grow
and evolve.”
Strategic perspectives that shape talent management. On the face of it, talent
management comes in many shapes and sizes, making comparative research
difficult. One of the most useful findings from the research is that the varied
‘habitat’ of the talent management terrain can be codified and mapped once the
strategic priority and perspective underlying a talent management approach is
recognised (and for some companies, such a perspective can be implicit and
difficult to articulate). An organisation’s strategic perspective shapes the way in
which a talent management system is owned, viewed and implemented. This
perspective needs to be understood and supported by those who implement the
system, otherwise talent management processes can be distorted or neutralised by
individuals with quite different motives and agendas. The role of the line
manager can make or break the system.
Why should local government need to become better at talent management for all
employees and not just an elite group? Explain the concept: An organisation’s
strategic perspective shapes the way in which a talent management system is
owned, viewed and implemented.
Relate the concern about the quality and quantity of current and future public
leaders to better talent management in the UK. How does this compare with
Mauritius?
Capability and capacity planning from the talent management perspective is all
about balancing the load of labour needed by an organisation to meet or exceed
its strategic objectives with the optimal mix of resources capable of doing so.
Capacity building starts from the development of a company portfolio where the
internal audit highlights the strengths and weaknesses of each department.
The capability and capacity of labour needed to achieve the strategic objectives of
the organisation.
What is the link between motivation and talent? From an initial point of view,
employees who are encouraged to perform better, sense that their needs are being
fulfilled and satisfied, will be those who will be motivated, hence overcoming
their frustration. The term frustration could be important here because
employees do mention or simply talk among themselves that their frustration is
so high that they are unwilling to do better or simply expect their lives within
the organisation to move on smoothly until retirement.
applied in the right way. It has been always the flagship of the Ministry of Civil
Service Affairs where the achievement of excellence could lead to a more
productive and customer-focused public sector. This depends essentially on how
workers are encouraged in a well-structured manner, how they are given the
chance to improve their potential, how they are rewarded for their good effort.
The extra mile will always remain a challenge but motivation should be that fuel
which really contributes to such a means. In the end, there should be an effective
contribution of motivational theory to talent management.
In turbulent times, the role of the manager becomes more important than ever
because managers play a vital and distinct role, different from anyone else in the
organisation. That role is as a catalyst-someone who can “reach inside each
employee and release his or her unique talents and convert them into
performance.” (Buckingham and Coffman, 1999).
To effectively motivate and retain employees, a manager needs to deal with each
person one at a time-asking questions of, listening to, and working together one-
on-one. A “good manager” therefore, is one who will help talented people find
satisfaction in their work, and “satisfaction” is key to an employee’s decision to
stay or leave an organisation. (Buckingham and Coffman, 1999; Kreisman, 2002;
Kaye and Jordan- Evans, 1999).
It must be recognised, however, that over the last 10-15 years, most organisations
have de-layered and eliminated many middle management positions. Today’s
managers often have large numbers of direct reports in addition to individual
responsibilities of their own (Buckingham and Coffman, 1999). Very few have
the time to effectively make the emotional tie with their subordinates that is
really effective.
In slightly more than a decade (1988-2000), the eminent issue for companies was
one of attracting and retaining people with the skills necessary to do the work.
The situation became even more complex during 2001 as an economic downturn
forced thousands companies to cut back or downsize their employee populations.
In the past year alone, more than a million US jobs have been eradicated leaving
a scenario of lost trust, eroded loyalties, financial demise, growing employee
cynicism and diminished productivity. Employee stress levels have escalated as
morale and creativity plummet, while simultaneously, the cost of absenteeism
and medical related expenditures have risen. Further, companies are now
indicating that product quality is beginning to suffer; customer satisfaction is
dropping and many organisations are beginning to experience a significant
increase in turnover of key talent-especially amongst those individuals
considered most ‘‘crucial’’ to the downsized organisation (Ambrose, 1996; Caplan
and Teese, 1997; Reichheld, 2001; Deal and Kennedy, 1999).
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In a sense, the manager’s function is that of a “catalyst” and as with all catalysts,
the manager’s function is to speed up the reaction between two substances, thus
creating the desired end product (Buckingham and Coffman, 1999). Specifically,
the manger creates performance in each employee by speeding up the reaction
between the employee’s talents and the company’s goals, and between the
employee’s talents and the customer’s needs. When hundreds of managers play
this role well, the company becomes strong, one employee at a time.
What we are faced with today, is an extremely dynamic and volatile work
environment marked by continued turbulence in the economy. Managers face a
difficult challenge of motivating and retaining employees in an environment of
increased uncertainties (Mitchell, 2002).
So how can managers and organisations make sense of all this chaos?
Research shows that in the future, successful organisations will be those which
adapt their organisational behaviour to the realities of the current work
environment where longevity and success depend upon innovation, creativity
and flexibility. Further, the dynamics of the work environment will have to
reflect a diverse population comprised of individuals whose motivations, beliefs
and value structures differ vastly from the past and from one another.
What motivates people to do their best work in any endeavour they undertake?
Management theory and practice has traditionally focused on extrinsic
motivators—pay, benefits, status, bonuses, pension plans, expense accounts, etc.
While these are powerful motivators, by themselves they are no longer enough—
intrinsic rewards are essential to employees in today’s environment (Thomas,
2000).
When organisations wanted only compliance from workers, they bought it with
money and other tangible benefits. Extrinsic rewards do not come from the work
itself; instead they are allocated by managers to ensure that the work is done
People and Talent Management-A concise approach |
properly and on a timely basis (Thomas, 2000). Nowadays motivational issues are
more complex because of the wealth and opportunity so many employees have
enjoyed.
Thus, work in the current decade has the potential for much richer, “intrinsic”
rewards. Intrinsic rewards come to employees directly from the work they do—
like the pride of technical accomplishment, service to a customer, or making a
difference in the world. In today’s competitive labour market, intrinsic
motivation is crucial. Over the long haul, people need intrinsic rewards to keep
going and to perform at their peak (Thomas, 2000).
Workers have been forced to take more responsibility for their own careers, going
where the work is rewarding and where they can develop skills that will
guarantee their employability—in whatever organisation (Hall and Associates,
1996). This mobility and “free agency status” has created greater competition for
skilled employees amongst organisations. Talented workers have more choices
than ever before, and are likely to leave if not satisfied with their employer or job
content.
As employees have become more likely to leave unrewarding jobs, the impact of
losing individuals has become greater. With global competition and a scarcity of
talent, few organisations can afford the cost of recruiting and training
replacements (Thomas, 2000).
Managing for intrinsic rewards, then has become the crucial next step in keeping
employees.
Work is made up of tasks and tasks are comprised of activities (behaviours) that
an employee performs. However, tasks are comprised of more than just
activities—they are actually sets of activities directed toward a purpose (Cox,
1996; Thomas, 2000).
Rediscovering the role of purpose in work is key to understanding the new work
and the motivation of today’s employees. There is much evidence that today’s
employees, especially knowledge workers, tend to expect their work to be at least
somewhat meaningful and rewarding. They are more educated than workers of
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preceding eras, have a higher standard of living, and see more opportunities for
meaning in their work (Thomas, 2000). Organisations now find themselves
competing to attract and retain workers on the basis of the meaningfulness of
their jobs.
When managers or supervisors are asked how they keep good people, many
respond, “With money.” Research suggests that 89 percent of managers still
believe it’s largely about money (Kaye and Jordan-Evans, l999; Kreisman, 2002;
Herman, 1999). As noted previously, the manager matters most because the
factors that drive employee satisfaction and commitment are largely within the
direct manager’s control (Buckingham and Coffman, 1999). Once again, these
include providing recognition and feedback, opportunity to learn and grow, fair
compensation which reflects an employee’s contribution and value to the
organization, a “healthy” work environment, and above all, recognition and
respect for the uniqueness of each person’s competencies, needs, desires and
style.
Companies should bridge the gap between manager and employee. It can be used
a tool for enhancing communication which then helps managers to better
understand the motivational drives and interests of each person. Insights can
further be utilised as a vehicle for providing feedback about performance and
style.
In essence, managers can bring about a closer relationship between employee and
manager which enables both parties to better adapt, connect and understand one
another. When understanding does not exist, often the manager perceives that
the employee lacks the skill to do the job (Kreisman, 2002). The truth is that the
employee may be highly competent but his or her style is very different from that
of the manager. The “Value to a Team” section of an Insights report provides
crucial information to a manager who tends to evaluate all employees against one
set of standards.
1997). Negative feelings impact the quantity and quality of work, absenteeism
and tardiness, cooperation with supervisors, and a company’s ability to attract
desired applicants. Instability of the workforce, often caused by ineffective
managers, can cause far-reaching problems. When dedicated workers have
difficulty getting their jobs done, they quite naturally look for other employment
opportunities where they can achieve the satisfaction they seek from work.
Even in difficult times there must be clearly defined goals for the company.
These goals must cascade down to your top talent. They must have quantifiable
objectives that motivate them, so when reached, they feel a sense of
accomplishment. Providing specific time based goals with achievable results
clarifies exactly what is expected of your people. Your best talent will embrace
the goals and not stop until they reach the goal. Employee engagement is critical
to retaining your best people.
Dysfunctional culture
This is probably the biggest reason top talent gets nervous and begins to think
outside your company. Do you know your company’s culture? Can you define it?
Will your executive staff define it the same way? Will the in-the-trench worker
bees define it the same way? If not, this is the time to begin working on it.
Then once the culture is well defined, do the behaviours match the culture? Do
managers from the CEO on down demonstrate this culture day-to-day in how the
deal with the employees, customers and vendors? You can’t claim to have a
culture of teamwork if the manager’s idea of teamwork is, “As long as we do
things my way, without any questions, you can be on my team.”
This is probably the least expensive and least used method to motivate and retain
top talent. Small things can make a big difference with top talent. Respecting
their contributions, listening to them, including them in the decision making
process, asking for their thoughts and ideas all make them feel respected and
appreciated.
Consider building a culture that respects your top talent so they feel appreciated.
Top talent does not want to be taken for granted.
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Consistent feedback
This could be considered a subset of number three, but more formal. This
includes regular and structured 1-on-1 feedback sessions. Not standing in the
hallway conversations, but actually sitting down and focusing on them. Giving
them feedback, encouraging them, listening to what their needs are (even if you
can’t meet them, just listening), taking an interest in their career and building a
shared bond. This makes them feel their manager cares about them as a person,
not just an employee.
Praise
You may have experienced a manager with this philosophy: “That is what they
get paid for. Why should I thank them? They should thank me for having a job.”
How did you like it? Compare that to a manager with this philosophy: “Thanks,
I know it is just part of your job, but I appreciate the pride you take in your work.
It helps everyone in the department.” How did you like that? A little praise goes
a long way to motivate people. In difficult times when people are doing more
than expected and yes maybe they should be glad to have a job, demonstrating
appreciation will be returned when the economy turns and they don’t have to be
working there any longer.
Top talent companies insist on getting better. They know once their learning
curve flattens out, future opportunities can become limited. They do not like to
have their growth potential limited. Giving your best people the opportunity to
take some additional classes, lead a project outside their normal job, challenge
them with new opportunities, give them a chance to serve on a cross functional
team or take an on-line class will ensure they are becoming better. All these not
only ensure your talent is growing, but also makes them a more valuable
employee.
Executives and managers have the power to inspire the employees around them
to self-motivate. The ability of managers to get the most out of the people they
employ is critical to the success and productivity improvements of any
organisation. The problem with many companies is in tough times rather than
unleash this powerful and innate behaviour to get more productivity; they
instead demand more productivity and thereby often stymie this behaviour.
This element of leadership is one of the core areas to reflect upon when retaining
executives and managers or for that matter when hiring leaders. As a company
begins to reflect on this they need to ask themselves some questions.
How would the company’s employees and managers answer these questions? Do
the executives and managers believe in their heart it is their responsibility as a
manager, executive, leader, owner, founder to inspire their people to self-
motivate? If so, where would their employees rate their performance on self-
motiving on a ten-point scale – 1 being weak and 10 being the poster child for
inspiration and self-motivation? As the company’s leader do ALL the managers
in the company know how to inspire their direct reports to self-motivate? Does
the company’s CEO inspire self-motivation all the time or only as passing
thought? What would the executive’s and manager’s direct reports tell others
about the leadership’s ability to inspire self-motivation?
A tenet of traditional motivation is: People are either motivated or they are not.
An important distinction in the paradigm of optimal motivation is: People are
always motivated; it is the type of motivation they have that makes a difference.
Compare the two types of motivation that affect individuals? Why intrinsic
motivation is highly valued? Refer to the Insight topic on motivation and relate
some of its key elements to the retention of talent at work.
People and Talent Management-A concise approach |
To effectively motivate and retain employees, a manager needs to deal with each
person one at a time-asking questions of, listening to, and working together one-
on-one.
A “good manager” is one who will help talented people find satisfaction in their
work, and “satisfaction” is key to an employee’s decision to stay or leave an
organisation.
Executives and managers have the power to inspire the employees around them
to self-motivate.
The ability of managers to get the most out of the people they employ is critical
to the success and productivity improvements of any organisation.
A tenet of traditional motivation is: People are either motivated or they are not.
People are always motivated; it is the type of motivation they have that makes a
difference.
What it means in this context is that local leaders should find out environments
that are favourable to the development of talent. Employees can be exposed to
new learning techniques, learn a lot from seminars or conferences where they are
confronted to experiences from outside managers and leaders. It is through such
exposure that leaders will be able to develop or further the potential of their
workers. Leadership theory has its say in developing talent equally. If one refers
to the Hershey Blanchard Situational leadership theory, he will come to know
that leaders who encourage participation and delegation when their employees
develop maturity, are more liable to develop the talents of their workers.
The talent management game has changed. Slower economic growth combined
with a scarcity of talent to fill crucial positions, the advent of social networking
and a new generation of digital natives, and increased expectation from the top,
mean that the days of transactional HR have long passed. HR leaders want a seat
at the strategic table and CEOs want to give it to them. But to be able to make
this leap from transactional to strategic, HR leaders need to put greater focus on
tools, process and integration and stop addressing talent management without
proper consultation.
How many top performers will you lose to retirement in the next five or ten
years?
What skill demands are need greater attention?
What will be the bottom line impact of giving merit increases to top performers
only v/s all employees?
This is all insight that the HR leader can and should provide.
But not all such shifts come to fruition, for many organizations. For myriad
reasons, there is a well-documented gap between vision and execution.
Leadership development can be one of the driving forces in closing this strategy-
execution gap, getting you closer to your vision of the future and realising the
potential in your organisation and people.
Executive Development
Drives business performance and improves company valuation by developing a
bench of strategically ready leaders who are engaged and motivated to activate
the organisation’s strategy to meet critical business challenges.
Development Coaching
Provides one-on-one coaching with leaders to accelerate their advancement in
expanding self-awareness, improving leadership effectiveness, and preparing for
future critical roles in the organisation.
Effective leadership
The need for effective leadership has never been greater. Success will depend on
how rapidly and decisively your organisation is able to respond. Are your
leadership teams properly equipped to lead the way?
Development and Coaching practice provides leaders with the capabilities they
need to rise to the challenges and maximise the opportunities facing their
organisation now and in the future.
By integrating these two coaching elements, a training company can help leaders
transform their performance at a personal, interpersonal, and organizational
level.
Executive Coaching
Fosters the development of strategic leadership competencies, whether it is part
of an enterprise-wide initiative or an individual development plan. Executive
Coaching is important in the Mauritian context. Some succession planning
exercises in local companies help in the development of the so-called designate
CEO to shoulder the key responsibilities later.
People and Talent Management-A concise approach |
Reinforcement Coaching
Reinforces new leadership behaviours through ongoing coaching and practice.
Effective leadership is always the key element to motivating and retaining staff.
The studies prove it. Whenever employees are asked to identify why they left a
company, “lack of leadership” is often cited as one of the top reasons. In order for
employees to want to contribute, they must feel that they know where the
company is going and that it’s strategically strong. Strong leaders instil these
beliefs (Sujanzki, 2012).
In order to help managers and executive level employees lead effectively so they
can motivate and retain key talent, coach them to employ the practices listed
below. Doing so will enable to create a work environment that gets employees
excited about the company and eager to produce results.
While talent management systems may be established with the best of intentions
for both the organisation and the individual, the actual achievement of the
benefits intended may be more difficult than anticipated to achieve. The history
of the organisation, its culture and the sensitive nature of some work
environments can lead organisations to include everyone in the talent pool,
without any attempt to differentiate between them. While this may appeal to the
more egalitarian amongst the workforce, the lack of segmentation results in the
talent management system being little more than an enhanced performance
management process.
The culture of the organisation will impact on the perspective taken on talent
management, and talented individuals are likely to choose, in the longer-term, to
work for organisations whose culture is more closely aligned to their personal
values.
If an organisation does take a more exclusive approach and does segment a talent
pool, they then face the question of transparency. At its worst, high transparency
| People and Talent Management-A concise approach
might marginalise those who are excluded from the talent pool while over-
boosting the egos of those who are included, or it might put the identified
talented individuals under such pressure that they fail to perform well as they
fear whether or not they can continue to meet expectations.
The issue also arises as to whether or not the identified talented individuals want
to meet the expectations placed on them or not. People go through phases in
their lives when different elements of their life take on different levels of
importance, and talented people may prefer to have the option of stepping off the
ladder every so often to focus their energy on family or other pursuits.
Developing the talent can also be difficult. Push them too far too quickly and
there is the danger that they will over-focus on the organisations needs at the
expense of wider moral and ethical principles, but leave them unsupported and
undeveloped and they are likely to leave.
Talent management systems may yet have the potential to provide a rigour in
defining business critical skills for an organisation, behaviours required now and
in the future, and enable focused development for different talent segments. Will
they be able to achieve this? Time will tell.
Consider the idea that companies may push leaders too far too quickly and that
there might be the danger that they will over-focus on the organisations needs at
the expense of wider moral and ethical principles, is there a need to support and
develop young leaders? What happens if such leaders leave the company for a
better prospect?
Companies may not have the pool of people ready for senior positions that they
once had because of downsizing. How is this incompatible with leadership talent
management?
HR leaders need to put greater focus on tools, process and integration and stop
addressing talent management without proper consultation.
Companies can also put equal weight on personal, team, and organisational
development — prompting progress and momentum on all levels.
| People and Talent Management-A concise approach
In this lesson, the various aspects of performance are assessed with examples
taken from environments where performance brings better talent to the
organisation. It is also said that performance standards need not be exacting so
that they will defeat the purpose of evaluating performance and in a parallel
manner discourage employees if the objectives are not attained. There is an
adage stating that quality must not be sacrificed to the extent of quantity. In
performance management, very unfortunately, the quantity issue arises although
leaders will rather state the other issue. Productivity will be better measured in
terms of how much employees have been capable of producing efficiently. This
is where the dilemma of performance management affects talent management.
In order to build capital or create capacity building – two terms that are quite
close – it is important that performance measures remain realistic and achievable.
Managers who will apply the concepts at work must first get the feedback from
their employees, think how both can have convergent views rather than
conflicting ones on performance goals and respectfully review and realign the
objectives that should be in favour of both parties.
| People and Talent Management-A concise approach
Apart from that lie the issue of talent management and the development of
competences. Good performance could be an indicator of possible good talent
creation or development. This places the responsibility of deciders who will have
to explain how performance could both satisfy the organisation and their
employees. Just looking at one side of the coin is not enough. It is urgent to
consider the issue from both sides, keep both parties happy and accept that good
performance management delivers value by developing better talent at work.
In 1900 only 17% of all jobs required knowledge workers. By the year 2000 this
had increased to over 60% (McKinsey & Co, 2001) and the rate of increase is
accelerating. Since the 1990’s, when the major source of competitive advantage
had clearly moved from capital, assets and geography to intangible assets such as
talent, brands and intellectual capital, talent has clearly emerged as a major
source of competitive advantage. Acquiring and applying knowledge has
increasingly become the key competitive factor and the knowledge society will
become more competitive than any we have yet known because knowledge is
universally accessible. As economies become more knowledge based, the
incremental value of talented people continues to grow and the supply of them
lags behind demand. Competition for talent has grown exponentially and is
reshaping the way that businesses structure and organise themselves.
The ability to attract, develop and retain talent determines the strategic
capability of organisations. Management talent - the talent of the leadership
within organisations - is a make or break factor in the achievement of strategic
goals and the incremental value of the best managers versus the ordinary ones is
enormous. Many organisations are now realising that attracting, growing and
retaining top management talent is a strategic issue.
Most management talent comes from the 25 to 40 year old age group but this age
group is growing at a much slower rate than the total workforce, fuelling
competition for talent.
Companies have been hearing about the pending talent shortage for years. But
what employers are failing to understand is that if they don’t address the issues
now, it will be too late,” Erickson said. “This year marks the tipping point
between labour supply and demand”. The workforce is going to shift rapidly
during the next five years, and companies will need a different set of human
resources practices.
People and Talent Management-A concise approach |
Machines, capital & geography are the Talented people are the competitive
competitive advantage. advantage.
Better talent makes some difference. Better talent makes a huge difference.
Employees are loyal and jobs are People are mobile and their
secure. commitment is short term.
People accept the standard package People demand much more today.
they are offered.
The common denominator was that they were all high performers, well regarded
in the market place and known for their ability to execute strategies in a superior
fashion.
In particular, they exhibited the following characteristics:
They have a talent mindset – a widely held, deep-seated belief that high
performance and competitiveness are achieved through better talent.
All managers, starting with the CEO, are held accountable for strengthening
their talent pool.
They understand that people will go to enormous lengths for a cause they believe
in if they have leaders whom they value and respect.
They create a vision for the organisation and work hard to ensure everyone
understands and engages with the strategy that will deliver it. Individual goals,
targets and behaviours are focused on contributing to that delivery.
Performance targets are contracted outcomes that people commit to deliver, not
good intentions.
Ronald Williams, President of Aetna Inc. said in April 2006 when outlining his
company’s turnaround “We appreciate efforts; we reward results.”
Development is primarily focused around stretch jobs and frequent, high quality
coaching and mentoring.
Performance review and coaching sessions are undertaken every two to three
months rather than once a year.
They shape their company, their jobs and their strategy around talented people.
They create a culture around the way they deliver their success to lock in
ongoing high performance.
They have well developed people systems and tools to drive this culture.
High performance is regarded as the measure of how well people are being
developed as well as the reason for doing so. Most management talent comes
from the 25 to 40 year old age group but this age group.
-To manage performance proactively each manager must have access to their
goals & targets and those of their manager, peers and everyone below them in
real time.
-Alignment with the strategy and business plan is key.
-The top team must be able to see the goals and targets for the whole organisation
in real time to manage alignment with the business plan and the strategy.
-Progress towards achievement of goals must be visible in real time for the whole
organisation.
-Managers must be able to see their full span of control.
-A performance management system needs to be easy use/high value to users to
obtain their commitment.
-Administration and follow-up must be automated. Managers must focus on
developing their people, the system must take care of administration and
providing data.
-Time and information barriers must be eliminated as reasons for not managing
performance frequently.
-Non-electronic systems are too expensive.
-One-on-one coaching and mentoring must occur with a frequency and quality
that allows real learning to occur (2-3 monthly).
-The system must drive people to behave in fundamentally different ways.
-It must make people act.
-It must ensure action is taken by everyone every time.
-How performance is achieved (competencies, values, leadership model) must
also be measured and fed back using an electronic 360 degree feedback system.
In organisations people make all the difference and nothing could be more
important than talent management. Attracting great people is the first step, but
you also need a strategy to properly select the right candidates and then engage,
develop and maintain the talented professionals in an organisation.
We increase our effort as a goal becomes more challenging. The old performance
management maxim of “three regular goals and a stretch goal” does not cut it.
Today it should be four stretch goals.
When we believe a goal can help us earn, learn or realise other personal
objectives, we’ll be more motivated to complete it. This doesn’t mean employees
should set their own goals. In fact, allowing them to do so can easily reduce the
power of the first point.
| People and Talent Management-A concise approach
The more goals we have, the less effort we can give to each. Science does not tell
us the right number of goals, but my experience is few of us have more than five
truly important goals in any given year.
Many parts of the typical performance management system add complexity to the
manager’s life without adding value. You can eliminate many traditional bells
and whistles to make your process easier and more efficient for your managers.
We can all agree it’s not about the form, but a complex, difficult-to-use form can
poison the process for both managers and employees. The only form elements
supported by science are a goal statement, metrics and a section to evaluate
results. Anything else you want to include should be considered guilty until you
prove it innocent.
Why does this case focus on setting goals for performance? Why does it
emphasise fewer than many goals? What does self-interest mean here regarding
performance measures? What is the relevance of a review form?
To manage performance proactively each manager must have access to their goals
and targets and those of their manager, peers and everyone below them in real
time.
Progress towards achievement of goals must be visible in real time for the whole
organisation.
To make it easy for managers to give and receive high quality mentoring and
coaching frequently so that capability is developed and top talent is retained and
grown
Diagrams, chart and notes in section are taken from University of Chicago
website. Sources relating performance management data are taken from
mariner.com. All other sources are cited wherever possible.
| People and Talent Management-A concise approach
This chapter also deals with analytical skills that form part of communications
strategy. Analytical skills involve abilities that enable the manager to make
effective review and analysis of problems and, in turn, implement decisions that
are rational. Managers might spend their time along to think and develop ideas
that will impact positively on the firm. Analytical skills eventually depend upon
the manager’s intellectual competences to solve problems, clear out difficulties as
they might crop up in the organisations and find out solutions that are practical
and workable with their fellow employees.
Managers who communicate correctly develop their own talent and so is the
relevance of communication talent for employees. Employees communicate in
different ways, usually through their leader or individually. They must also be
able to write down and convey their ideas correctly. It is in this area that
communications helps in the development of talent among employees.
People and Talent Management-A concise approach |
Having the right communication skills, however, can vary depending on the
circumstances. Executives who are effective communicators in some areas may
still need work in others. And as communicating in the workforce grows more
complex, it has become more imperative that those in the talent management
function pay extra attention to the skill.
One area where many executives can gain a better sense of where their
communication skills are lacking is through peer assessments. In this age of
smartphones and remote devices, it’s almost too easy to shoot off an email at the
spur of the moment. Most managers could benefit from working on collecting
and organising their thoughts, while reviewing their messages for tone and
content before hitting the “send” button.
Receiving constant feedback from these questions will only help managers or
leaders improve their communication skills.
| People and Talent Management-A concise approach
How will the information be structured? What is the best format for the audience
and the venue? What is the sequence? What technologies are needed?
Reach out to others for feedback before and after communicating. Where does
the communication style need strengthening? Are the messages clear? Does
information need to be added, removed or more clearly explained?
Refine
As the business world grows more technologically savvy and dynamic, whether
by way of tablet computers or social media, strategic communication will become
more vital to being a successful leader or manager. It’s a skill that talent
People and Talent Management-A concise approach |
Employees who know what the company is committing to, how their own actions
and responsibilities influence those goals and how the company measures
employees based on achievement of those goals are typically more engaged people
who deliver more value to the organization. Open communication channels, such
as weekly/quarterly/annual meetings, show an organisation’s commitment to
keep employees aware of and involved in company issues. When leaders also take
the opportunity to listen to employee suggestions, concerns and ideas, they open
the door for further engagement by encouraging interaction and showing respect
for the individual.
artificially created to mask some other agenda. The objectives employees work
toward need to make sense so they can contextualise their efforts in goal
achievement.
Talent managers also should be careful not to set goals that are impossible to
achieve; this happens more often than leaders would like to admit. Employees
know they can’t cross a particular finish line, and rather than be on a losing team
that has been set up for failure, they may simply leave the company. Setting goals
that are too mysterious or poorly defined can be an engagement trap as well. In
this situation, employees may find it difficult to map their tasks and projects to
support the corporate goal.
Technology hurdles can raise an employee’s frustration level with the company
as a whole. Talent managers must remove these barriers from employees’ daily
work environment. For example:
• Does a laptop continuously crash, wasting time and disrupting work? Replace
it.
• If individuals are expected to be accessible when out of the office, put a
corporate phone program in place and supply the team with smartphones.
• Allow access to online meeting technologies and educational resources to allow
employees access to educational opportunities, reduce travel time and other
expenses.
The fact that Mauritians are multilingual may add both to the improvement and
some decline in the quality of conversation. Too often the translation of terms
and expressions do not fit reasonably in a different language. Taking Creole as a
reference language may make it difficult to make a smooth transition to teaching
English where the approach is different. Despite this shortcoming, using more
than one language in a conversation may help to clarify the message.
Empowered Thinking
One of the biggest problems that corporations are likely to see when using
communications techniques is a lack of clear and concise networking between
| People and Talent Management-A concise approach
personnel. Every method people use to interact forms a vital link in sharing
goals, discussing action plans, creating business intelligence forecasts
and conveying the basic requirements of a new position.
Each of these elements must be presented in the best way possible and should be
reinforced over time, rather than portrayed only once. Forming the right
networks and interactive opportunities is essential for firms that want to boost
communication and increase performances from all personnel. Understanding
what is expected of them helps employees enhance their output, hit goals and
become more engaged at work.
Companies that want more out of their personnel first need to offer them the
ability to perform at a higher level. From the moment a job description is posted,
through the hiring process to onboarding and the rest of an individual’s career,
clear and concise communication is the key to conveying what businesses need,
and how employees are supposed to obtain these outcomes. Through this
carefully orchestrated series of networks, interactions and reminders, staff
members will be able to carry out all the requirements businesses set before
them.
One of the key elements for promoting superior results is enhanced network
capabilities. Rather than simply relying on face-to-face interactions, businesses
now have a wealth of different outlets available to them for getting messages
across to employees. The rise of social media, the addition of mobile devices to
the workforce and the increased presence of cloud solutions allows entities to
seamlessly connect with staff members on a number of levels.
People and Talent Management-A concise approach |
To get the best possible responses from personnel, though, organisations need to
be certain that they're using these outlets appropriately. Simply delivering a
message in a traditional meeting environment may get the key talking points
across, but in today’s modern work environment, it is not enough to relate all the
intricate details that make these solutions function correctly. Additionally, it fails
to utilise the wealth of collaborative resources that companies offer their staff
members.
Receiving constant feedback from these questions will only help managers or
leaders improve their communication skills.
Sharing the effects of not meeting goals also can spur employee commitment and
interaction.
The case study on Empower thinking is from Empower Software solutions. All
technical-related software information has been removed for the case study
needs.
People and Talent Management-A concise approach |
The effort for management to get the potential manager in the bandwagon or on
saddle is known as onboarding. There might be some connotation with
succession planning where the firm is likely to bring a new manager in the future
to serve its needs. Workers might come from the inside but equally they might
be new talents that are either recruited or headhunted by the existing firm.
Onboarding as the term explains speaks literally of bringing the new manger “on
board” and offering him the chance to learn about the firm, its culture, work
environment, workforce, objectives or expectations. Expectations are
unfortunately high for companies and there is the risk that employees who have
been onboarded might not necessarily fit in the organisation context and end up
as high fliers.
Next consider the techniques needed for onboarding. These might cover
elements like training, human resource development, orientation, etc. before the
managers becomes familiar with the work environment and works comfortably
with the employees under his supervision. The development of talent is not
easily perceptible during the onboarding phase but might be the start of such a
strategy that the firm intends to bring along in the future. Part of the
| People and Talent Management-A concise approach
onboarding strategy will cover the issues of talent management where the
manager will have to start learning from the workers, understand the current
practices within the organisation and some to learn about what might be
conflicting in the company and which tactics might work correctly.
There is also the concept of onboarding existing employees who have already got
the experience in their own company. This is a positive technique because it
might avoid the firm from making expenses and struggle for adjustment if a new
manager comes from the outside. Globally, whether it is internal or external,
onboarding has to be sought as a key strategy to management development hence
talent development?
Organisations have resumed talent acquisition especially globally. The result has
been a revisit to long postponed Onboarding Technology Expenditure –
particularly where it is key to executing talent strategy. Onboarding sits at a
crossroad or crucible between talent acquisitions, engagement, while providing
an important touch point to influence performance. If considered in terms of its
year on year benefits the rationale for adopting Onboarding best practices and
technology becomes clear.
Over the last several years the vast majority of job growth has been in the fast
growth markets of China and India. Now a new cadre of fast emerging countries
within Latin America, South East Asia and Africa is the new frontier requiring
attention from Onboarding programmes, talent strategists and corporate culture
leaders as companies scramble to maximise growth wherever possible.
Subsequently global enterprises need to consider their onboarding practices and
policies around local vs. global and brand integrity to its employees.
Millennials are now hitting the market in force and the result has been a changed
and changing landscape for employees and employers. Technology has a larger
role to play as enterprises become more social, but as Onboarding addresses-
culture, innovation and real engagement among its millennial workers it will
require significant customisation in its delivery and approach.
To practise Onboarding, the company prepares the new employee to fit into his
company’s culture, beginning with a thorough review of his own assessment from
the hiring process. The company will use the assessment to create an executive
summary, called a communications manual, to share with teammates and
supervisors in facilitated sessions. Next comes employee orientation. The
orientation process should be meaningful and thorough. Why?
Finally, the new employee is invited to attend meetings with the owners, direct
supervisors, and others at the same level to review one another’s communication
manuals. The new employee, in turn, meets with her direct reports to discuss
expectations (Strategic Talent management, 2013).
Organisations are devoting more time to the onboarding process and employing
more creative and exciting techniques in an effort to get their newly hired
employees productive sooner and to lay a foundation that will help retain them
(Wheeler, 2008).
| People and Talent Management-A concise approach
Engage employees
First of all, they are fun, not overly formal, and engage employees. Make sure you
develop a programme that has substance and that addresses serious issues
effectively, but do it in a manner that is interactive and fun. Some organisations
are using the Internet to facilitate the experience and provide the new employee
with the corporate history, the values of the firm, an overview of the strategy and
fiscal goals. This is often delivered in a video. Videos can be used to provide an
overview of the finances by the Chief Finance Officer, for example, and a
greeting from some senior-level executive. Many offer tours of the facilities via
video narrated by an employee.
All of these tools and activities set a stage for productive, aligned, and focused
work. Don’t assume that employees are just going to “pick up” all the things they
need to know to be successful in your firm. What is obvious to you may be very
obscure to someone just walking in the door.
Second, good onboarding programmes may extend over several months. After an
intensive 1 to 2-day session up front to start things off, subsequent activities may
extend over several months at periodic intervals. Some programs include
rotational assignments; others may include special projects that are designed to
expose the new employee to parts of the company they would not normally have
any contact with. For example, an executive could be given as assignment to find
out something about the manufacturing operations that would require her to
actually go to the factory and gather data. This way she sees how other employees
work and begins to get a feel for the culture in action. Scheduling events out
several months gives you the opportunity to get into topics in an in-depth way
that short programs cannot.
The third thing effective onboarding programmes are good at is getting the
manager to be part of the onboarding process. Surveys show that the relationship
with the manager is one of the most significant in an employee’s work life.
Source: Wheeler K (2008) How the Best Onboarding Programs Work, ere.net
Companies that adopt a strategic onboarding process see that the key is to
consider onboarding as an experience instead of an event. Onboarding thus
becomes a holistic approach whereby companies place their focus more on
personalisation and strategic employee growth rather than completion of a ‘‘first
day’’ checklist. This change of perspective and approach results in a few notable
outcomes and lessons (Human Capital Institute).
People and Talent Management-A concise approach |
The initial weeks and months on the job are a crucial time for new hires, and
while it may seem like a basic responsibility to offer an orientation to newcomers,
a new survey shows that more than a third of HR managers said their
organisations provide no formal programme. That is according to a recent survey
by Accountemps, a specialised staffing service for temporary accounting, finance
and bookkeeping professionals, and includes responses from more than 500 HR
managers.
A best practice is not just for employers to offer orientation, but to take it to the
next level by providing a more substantial on-boarding program. Here are some
steps to ensure a more engaging on-boarding program to help set new hires up
for long-term success on the job.
Put It in Writing
Supervisors should offer new hires a handout that details the company’s on-
boarding process, including a schedule of activities and topics. Knowing what to
expect can help to ease the jitters many people feel when starting a new job. An
added bonus is that the handout also can keep managers on track with their role
in the process.
Clarify Expectations
Newcomers must meet with their direct managers early on to learn the
expectations of their position. New hires must be told not only about their
responsibilities, but also how their role ties into larger objectives. A timeline
should be given indicating when key learning objectives must be met. For
instance: Training in the firm’s proprietary software must be completed by the
end of the second week. Likewise, managers also need to spell out top project
priorities and target dates for completion. This will inform employees about
exactly what they need to do to meet goals from the start.
When holding orientation or training sessions for multiple new hires, it’s
beneficial to have a company leader - the higher up, the better - make an
appearance. This shows the organisation takes on-boarding seriously and values
| People and Talent Management-A concise approach
those joining the team. In smaller meetings with one or two new hires, the head
of the department might be invited to stop by to offer a welcoming message.
Executives can talk about the vision for the company and how newcomers can
bring a fresh perspective to related efforts.
The “Sitting by Nellie” approach some firms take does not ensure knowledge
transfer. Managers can tap into the expertise of their tenured employees by
setting up formal mentoring relationships between more experienced team
members and new hires.
Those selected to guide newcomers should not only have the right skills, but also
the time and interest to assist them. Mentors need to be ready to show new
employees the ropes and be available to address any questions or concerns people
aren’t comfortable asking their supervisors.
Follow-Up
Feedback can help leaders pinpoint any flaws in the current program and make
changes. Inviting comments from new staff also shows the company promotes
open communication, which can further create a positive impression and boost
retention.
The following four key points will help you get your newest team members on
track, up to speed and “on board” so they can start contributing to your success
as soon as possible.
A friend recently married into a large family and was overwhelmed with the sea
of new faces, names and relationships. To ease her transition, a well-meaning
uncle prepared a set of flashcards, complete with photos, names, hometowns and
professions. Thanks to his efforts, she knew that the woman making the tearful
toast at the wedding was her mother-in-law’s first cousin. A similar approach will
help familiarise new hires with the corporate family tree and could help avert
embarrassing situations such as the new hire who asks a stranger for help with
the fax machine, only to discover later that he was the Chief Financial Officer.
Rather than flashcards, a “who’s who” area with photos, names and titles on your
company Intranet will do the trick. Offline, a simple bulletin board with staff
pictures, names, and positions will get the job done.
The employee Onboarding period can be quite complex and uncertain. Consider
the experience from the employee’s perspective, and then make an effort to make
it fun, interesting, exciting, painless, and as simple as possible. If you do, you will
make your new team member feel valued, wanted, interested and excited. By
engendering these positive emotions from the word go, you make the new
employee want to do great work and add great value to your organisation.
Every workplace comes with its own set of rules and regulations, benefits and
bonuses, nuances and traditions. Don’t make your new employees learn these
things the hard way. If your company observes a “casual Friday” rule, make sure
all new employees know this before they show up at the office on their first
Friday in a neatly-pressed suit.
Every company offers a range of benefits and perks. They will seem even more
valuable if you make sure your new employees know about them from the onset.
Give new employees an easy way to keep track of exactly what they are eligible
for, and how they can take advantage of these benefits. This applies to social
functions as well as benefits packages. If your company plays in a corporate
softball league, let the new guy know right away. Welcoming the whole person,
rather than just a set of job functions, will help new hires more quickly assimilate
to your corporate culture. And you never know – maybe that unassuming new
financial analyst will be the secret weapon that your team needs to shut out your
fiercest rival.
Do not make day one all about paperwork. Instead, prioritise interpersonal
relationships with key colleagues. Consider assigning welcome mentors to each
new hire, so they can immediately get a feel for the personality of your
organisation. This day of first impressions will have an enormous impact on the
employee experience, so make it a good one.
Of course, some paperwork must be handled on or before the start date. Keep in
mind that when your new hire goes home to tell his family about his first day on
the job, he would rather have something more exciting to report than, “I filled
out over 30 forms.”
When it comes to onboarding new talent at your company, the Internet is the
most powerful tool in your toolbox. A web-based employee onboarding system
will let you standardise, streamline, track, and coordinate every step of the
People and Talent Management-A concise approach |
process, all while making your company’s most recent hires feel valued and
supported. It has been proven that happy employees are more productive
employees. So, if you’re looking to drive bottom line results with state of the art
talent management tactics, it is time to get “onboard.”
To practise On-Boarding, the company prepares the new employee to fit into his
company’s culture, beginning with a thorough review of his own assessment from
the hiring process.
The initial weeks and months on the job are a crucial time for new hires.
A best practice is not just for employers to offer orientation, but to take it to the
next level by providing a more substantial on-boarding programme.
With the fast-paced nature of business, the pressure is great for newly hired
leaders to assimilate quickly into their new position.
| People and Talent Management-A concise approach
All eyes are on a new leader and if she/he is not on-boarded properly, the effects
are far-reaching - including lack of confidence in senior management decision-
making.
The case study on Empower thinking is from Empower Software solutions. All
technical-related software information has been removed for the case study
needs.
In the Mauritian context, reward is given high consideration especially from the
tangible point of view. Year in year out, trade unions voice out the need to
provide additional rises in cash as a means of coping with the rise in the cost of
living and the precarious nature of employment becomes compelling to
providing and maintaining effective reward strategies.
Reward is also intangible and this is where most local people might not realise.
We do accept working for money but do we really feel the value of reward in
monetary terms only? It is seen that intrinsic rewards – a condition where the
employee is valued for the effort done at work by management and stakeholders -
are equally important in reward management.
This course is also concerned with the majority of the workers that form of the
workforce in Mauritius. Reward management is important both in the
development and retention of local talents. There is a little risk that due to
unemployment and poorly designed and weakly structured reward schemes,
people might prefer ‘’greener pastures’’ abroad. It is imperative for management
to see how to develop reward schemes that develop or further talent and retain
the workers for long in the company. Forfeiting this might add to that
complexity of attrition and high levels of turnover.
| People and Talent Management-A concise approach
Many organisations have talent programmes and all have reward schemes, but so
many fail to get the best from either. Talent management is too often aimed at a
small group of people in the organisation: those believed to have high potential,
to be future leaders, or of particular worth. This has created egos and elites,
bidding up pay for this group that is often disconnected from genuine results. It
has created envy, disenchantment and disengagement among those excluded
from favour, as the elite fail to deliver, which further reinforces the performance
shortfall. Then organisations have to recruit externally because the process has
also failed to provide the capabilities needed, when and where they are needed.
Above all they have chased themselves around in circles trying to identify,
motivate, retain and develop pivotal talent that will make a real difference, when
they are pursuing a mirage. In fact, roles are too interconnected for anyone to be
a game-changer. Single individuals rarely make that extraordinary difference
without a team effort (although most incentive plans assume that they do) - even
the leader who is a strategist with insight needs marketing and financial support,
the contribution of technologists and logistics experts, and advice on managing
and motivating the team. Anyway, markets and technologies are moving so fast
that the pivotal role today may be obsolete tomorrow.
As for reward, we commonly find that people often do not truly understand the
value of their reward programmes — which can be a terrible waste of money. For
example, according to a 2007 employee survey, 76% of people did not understand
their benefits. Reward programmes carry significant messages about what is
important within an organisation. If you want to see what an organisation values,
look at what it pays for, not what it says!
Organisations need to align the reward systems with the talent messages. It can
easily go wrong. For example, many organisations have benefits that are service-
related, such as holidays or pension plans; they may have long-service awards.
But where is long service reflected in the talent agenda or values? It usually isn’t.
Or consider the following real example of the damage caused by delivering mixed
messages.
A professional services firm found that the behaviours encouraged by its pay and
promotion system focused line managers’ efforts exclusively on increasing
revenue and developing client relationships. However, senior management
recognised that, to remain competitive, the organisation had to improve internal
teamwork and communication and, above all, provide better support and
opportunity to junior staff to take on more demanding and productive roles. So
the talk was of development, mentoring and building successful teams.
Unfortunately, none of these was rewarded through pay, promotion or even
recognition.
People and Talent Management-A concise approach |
In today’s business climate, the fear of missing opportunity, the need to manage
risk while, at the same time, encouraging innovation, and, of course as always,
the need to boost the bottom line, are the key boardroom preoccupations. If the
organisation is to meet these challenges effectively, it is essential to have people
with the right capabilities available when they are needed. In our fast-moving
world, there is no time to take stock, recruit or train. If you spot a bandwagon in
the distance, you are already too late.
Effective talent management must start with a focus on the future. This includes
engaging everyone with the business strategy, and business goals, so that people
discuss how to take advantage of future business challenges and opportunities. A
focus on the future must include identifying the capabilities that will be needed
to carry out the strategies, so that people also think about how they can develop
these capabilities. Talent management is all about making those capabilities
available when needed. It is important to emphasise that the goals and strategies
must, themselves, be coherent - it is easy during the negotiation between
different interests in a company to reach compromises that will eventually lead to
competing aims and mixed messages. Since the approach described here is about
reinforcing a coherent message those incompatibilities must be recognised and
resolved before they become a serious problem.
The goals and strategies must be expressed as a vision for the organisation that
matches its values and becomes a shared understanding. While management
helps to guide individual behaviour, it is a shared understanding of what the
organisation is trying to achieve that enables the individual to recognise the right
things to do without being told, and that equips the individual with the ability to
create, or spot opportunity and swiftly take advantage of it.
Reward practices must be aligned with these talent management aims of building
effective line management, encouraging people to constantly learn and develop,
and uphold organisational values. The first question this raises is can behaviours
and values be incorporated into performance management? The conventional
approach uses competency assessments, but competencies are often unwieldy and
inconsistently applied, and it is hard to objectively link them to pay, or appraisal
ratings. Other approaches are seeking to create a link between values and
appraisal ratings, or even pay awards, which are then dependent on evidence that
the individual through his or her actions has upheld organisational values. If this
evidence is lacking, then the rating or award is reduced, even if the person has hit
or exceeded the numbers.
For this approach to be successful, it is vital that values are clear to all and
consistently upheld by top management. So often, corporate values are just empty
| People and Talent Management-A concise approach
words that mean all things to all people. Perhaps another approach is to link
appraisal ratings, and full pay awards to evidence that someone is constantly
striving to learn, and embrace change? This is, after all, one of the most
important of all organisational capabilities.
How can performance management be directly linked to pay? Linking pay and
performance can be complex. First, line managers must be able to differentiate
high performance from the satisfactory. Then you must resolve whether reward
and recognition are backward or forward-looking: for achieving short-term, local
aims, or to reflect someone’s value and future potential to the organisation?
While pay can be used to reflect performance to date as well as future potential,
recognition is about acknowledging the great things people do: catching someone
doing something right. You can certainly reinforce the efforts and results of
actions immediately; you do not need to wait for an appraisal meeting.
The line manager is the key player in reward, as well as talent. Pay and bonus
reviews are golden opportunities for managers to reinforce the performance and
potential message and so interpret, for example, the numbers in the pay
notification letter. We know that it is relative pay that is more important to most
people than absolute: how I feel about my bonus in relation to the bonus others
get based on my perception of their performance. However, a CIPD Reward
survey management found that most employers who give their line managers a
formal role in delivering messages around pay are not confident in their
capability to do so responsibly. Surprisingly, confidence in line managers’
capabilities is lowest for the largest organisations. This is despite larger
organisations being slightly more likely to provide coaching and development to
line managers.
Concentrating on reward can mask other issues that are more important for an
individual. For example, in one organisation a divisional director saw that one of
his executives was not as committed as she had been. The divisional director
believed that she was unsettled and might be looking outside for more money.
She was important to the division as she brought in considerable revenue. So the
director asked the HR director to have a chat with the executive. The HR
director found that she wanted a conversation not about money, but how she was
People and Talent Management-A concise approach |
to be developed, as she did not want to do that role for much longer. Her boss
could only see the revenues and the substantial bonuses the executive was getting
and thought she wanted more.
Another point where reward and talent management should come together is in
retention. In the example above, the executive might have moved because she
wanted to be developed rather than wanting more pay. But it is important to
consider some simple cash retention plans for key people. They will never work
on their own; the whole employee “deal” must be right. But if everything is
going well, they help get over any problems that might otherwise lead to
someone looking elsewhere. But financial retention plans must be simple and
worthwhile. The longer the retention period the higher the amount needs to be.
Three years is the sensible maximum, given the fast moving pace of change in
most organisations. A significant amount of cash in terms of a percentage of
salary (perhaps one to two times salary at the end of three years) will generally
reduce the likelihood of people actively looking, and maybe even resisting the
head hunter’s calls. But even if they go, and the competing organisation buys out
the retention bonus, you have at least made it more expensive for the opposition.
HR must ask the questions for individuals and the organisation as a whole; what
are the desired behaviours? Are the right behaviours being driven through the
reward scheme? There is no simple template for designing the appropriate
scheme. This comes from taking ideas and then thinking through the potential
unintended consequences that may follow. There is then a process of adjusting
the scheme here and there to end up with a result that minimises undesirable
outcomes while maximising desired behaviours.
What is key is that all HR practices are aligned around the organisation’s
business and cultural goals so that they drive the organisation in one direction,
rather than being separate initiatives pulling in different ways. People working in
reward and talent management functions need to continue to develop their deep
skills, but critically must work together to make this happen.
A few relatively small and simple changes in a total rewards programme can have
a major impact on employee motivation and productivity, which ultimately can
affect earnings. Every year, most companies spend a tremendous amount of time
and energy determining their business plans, setting the financial targets and
agreeing how they will get to these targets. With a strong commitment to
innovation and with no more effort than the planning process demands of most
business units, HR leaders can begin the process of transforming their
organisation’s approach to people at its most fundamental level.
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Start the conversation in the HR department, reinforcing the idea that everyone -
from benefits specialists to training to administration — is part of the same team
with the same goals. Discuss workforce segmentation and brainstorm how to get
inside the heads of the respective groups to develop a better understanding about
what motivates and engages them.
Develop a direct and real-time dialogue with the various employee segments
using a rigorous approach to surveys and focus groups to explore their motivation
levers regarding a variety of reward options — from cash and pension benefits to
vacation time and training and career opportunities, as well as some more
contemporary possibilities such as corporate social responsibility, day care or
community involvement.
Once you have identified your critical workforce segments and established a
targeted and differentiated rewards system, your company will be better
positioned to track the value its people generate and check that against the
investment made in the rewards.
How can you then measure the potential ROI and gain confidence that your total
rewards programme is actually contributing to business value? In broad terms,
this is accomplished by viewing rewards as an employer-employee total rewards
marketplace in which employees exchange their time and talent for the total
rewards offered, and employers develop total rewards products that will elicit the
desired results from their employees.
Source: talentmgt.com
People and Talent Management-A concise approach |
Why should managers open the dialogue with different parties prior to
establishing a reward strategy? Why does the case stress on optimising the effect
on the workforce, with particular emphasis on critical workforce segments for the
highest ROI? How can an understanding the dynamics of the marketplace and
consumers impact on employers’ rewards strategy?
Many organisations have talent programmes and all have reward schemes, but so
many fail to get the best from either.
Organisations need to align the reward systems with the talent messages.
The goals and strategies must be expressed as a vision for the organisation that
matches its values and becomes a shared understanding.
Reward practices must be aligned with these talent management aims of building
effective line management, encouraging people to constantly learn and develop,
and uphold organisational values.
This chapter covers issues that are addressed in the retention of talent in the
organisation. Human resource issues are relevant to the firm where they cover
aspects like empowerment, job enrichment or job enlargement. These areas
address mostly employees who are working since a long time in the company and
whose talent has to be retained. The central idea here is to retain talent and
expect employees to find out something new and different that they could pursue
in their firm up to the end of their career. Besides, these retention techniques
directly address talent management because they offer new opportunities for the
workers to further their talents.
Job enrichment is the term used to explain the improvement of the existing job
when management allows workers to do more things within their existing job.
This might be an opportunity to shoulder higher responsibilities lie supervision,
working in a unit within the firm, taking additional responsibility. These factors
are encouraging for the experienced employee who might perceive certain
recognition from management. Herzberg’s theory of motivation addresses the
issue of job enrichment to advancement. How does enrichment improve talent
in the firm? This could be explained by the fact that added responsibilities
address new talents from the employee like supervisory skills, accountability and
responsibility. Job enrichment must not be too demanding and should be
structured and guided.
Job enlargement is different from job enrichment where more tasks are added
within the same activity or grade. It is not necessary a vertical alignment of
competences; it is more horizontal in perspective. In job enlargement, the
employee has more to do because of new requirements of the job and the new
requirements that may prevail in the competitive environment. For example,
educators in Mauritius may have to write performance reports of students,
support them through personal coaching, etc. This approach is a little
cumbersome where the employee might be exposed to learn additionally, get
training in areas that were not addressed earlier or simply unlearn existing
competences. But there is talent development in this case because of new
learning opportunities that are also developed in job enlargement.
Empowerment has been discussed in different chapters of the book but remains
essential as a technique for the retention of talent in the firm. In line with job
enrichment or enlargement, empowerment offers the employee an opportunity to
People and Talent Management-A concise approach |
take decisions on his own, develop his potentials or capabilities and learn
something new or different that will be relevant both to him and his firm.
be replaced by whom and create a suitable and beneficial fit. A properly planned
and carried job rotation process plays an essential role in strengthening the
position of an organisation and helps it deal with uncertain and tentative outer
environment.
Organisations are increasingly facing the heat of attrition, which is not good to
health of the same. Lots of time, money and resources are spent into training an
individual for a particular job and when he leaves the return on that investment
equals null. Often it is not for the money that people leave; that may be the
reason with the frontline staff but as we move towards the upper levels of
organisational hierarchy, other reasons gain prominence. Many of those who
quit their jobs complain of their jobs as uninteresting! All this has compelled
organisations to think of ways to make the job they offer interesting. Lots of
efforts are made to keep monotony at bay; job enrichment is one of them. It is
People and Talent Management-A concise approach |
the process of making a job more interesting, challenging and satisfying for the
employees. It can either be in the form of up gradation of responsibilities,
increase in the range of influence and the challenges.
Reduced Monotony
However, interesting the job may appear in the beginning, sooner or later people
complain of boredom and monotony. Job enlargement if planned carefully can
help reduce boredom and make it more satisfying and fulfilling for the
employees. It increases the activities but might be useful in helping the
employee learn more about tasks within the existing job.
In the next page, there is a comparative table between Job Enrichment and
Enlargement.
| People and Talent Management-A concise approach
Job enrichment has been found to have greater impact in terms of motivation
when compared to job enlargement. Since enrichment gives employee greater
insights in managerial functioning and a better work profile, it is looked upon as
an indicator of growth and development. The same is not true in case of job
enlargement which is seen as an employer tactic to increase the workload.
Redford (2005) believes the focus should be on the competencies rather than the
future leaders per se, in an effort to find people who can do the jobs brilliantly,
while Romans (2005) redesigned his entire organisation using the human capital
pipeline systems thinking model. This was based entirely on a system of role
competencies rather than individual competencies. A consequence of this could
be that it separates the competence from the individual and dehumanises the
workplace, such that employees (be they talented or not) are merely fulfilling
roles rather than engaging in their work. In order to be sustainable, rather than a
simple one hit activity, talent management needs an organisational commitment
to continuous professional development (Clarke, 2001).
This will be visible through the range of development experiences offered within
the organisation, moving away from the traditional classroom training based
model, to include stringing together a range of meaningful experiences to build
character.
People and Talent Management-A concise approach |
These could include coaching, issue development meetings, job rotation, interim
and emergency assignments, task force assignments, extracurricular activities
and so forth (Krewson, 2004). Phillips & Phillips (2004) argue that corporate
universities can help by linking learning and strategy, and preparing employees
for future challenges.
This again allows individuals to focus on their area of strength rather than
having to be a great leader or specialist. Most organisations, however, tend to set
development objectives that focus the individual on their ‘areas for improvement’
or weaknesses rather than playing to individual strengths in order to make
employees ‘better’ all-rounders.
At the end of the day, creating and delivering a great employee value proposition
is clearly the best way to retain good people. Research shows that companies
which have recognised the need to give priority to its people management-driven
strategies are the winners. In the midst of this ‘war for talent’, most importantly,
it is only when an organisation is successfully able to convey the message that it
cares for employees that retention becomes a strategic advantage.
After all, business is a competitive endeavour and the employee lasts only as long
as he is satisfied. Nobody owes anybody else a living.
What does the following statement mean regarding retention strategy in a firm?
All retention strategies must be built around a compelling, distinctive and
exciting employee value proposition. Differentiate between transactional and
People and Talent Management-A concise approach |
transformation strategies for employee retention. Which ones make more sense?
How can value propositions retain employees at work?
Failure to deploy talent effectively, both in respect to the individual and the
organisation, can lead to employee engagement and commitment problems later
on.
Effective talent deployment involves matching the task and work requirements
to the available talent, so that eventually the organization will always have the
right people doing the right tasks at the right time.
Job rotation helps HR managers determine who can be replaced by whom and
create a suitable and beneficial fit.
Refer to Page 100, CIMA is the acronym for the Chartered Institute of Management
Accountants, UK, a global organisation dealing with the training of Management
Accountants. It has a branch in Mauritius.
| People and Talent Management-A concise approach
Globalisation has been a much developed issue since the past decade after the
dismantling of the General Agreement on Tariffs and Trade (GATT) and the
creation of the World Trade Organisation (WTO). It espoused the notion that all
nations would benefit from the Most Favoured Nation Status (MFN), a
paradoxical term, mentioning that all countries would benefit from equal
opportunities to trade without barriers. The effects of globalisation have been
mixed and countries like Mauritius that form part of the small island economies
have been put to severe test through globalisation.
As the process of globalisation plays out, there are many who claim that we live
and work in an increasingly borderless world. While this argument may have
some merit, frontiers matter. Societies imprint heavy character traits on the way
firms and employees behave and operate (Woollard, 2009). This, of course, has
significant implications for the way people are managed within international
organisations.
In this sense, what prevails in reality is likely to be different. Some argue that
firms actually operate in a state of persistent diversity, and will continue to do so,
with no one ‘‘best way’’ that can be made to work in all locations.
This creates windows of opportunity for those firms that can understand the
nature of globalisation and identify and effectively develop capabilities across
international operations. Organisational practice and policies geared with a
greater awareness of the impact of globalisation can be drivers in developing the
capabilities that make a difference.
They also want to obtain more formalised learning and development, something
not provided currently in any cohesive form. By developing knowledge and
expertise, they can move beyond their traditionally reactive and administrative
role and become key decision makers in the deployment and utilisation of human
resources across their global businesses (Personnel Today, 2009).
Economic and political reforms and globalisation in the developing world have
led to the emergence of companies that are expanding beyond their national
borders into the international arena (Alemibola, 2012). The transformation into
multinational corporations is generally not accompanied by a change in the way
they manage their talent. There is a disconnection between globalisation and
talent management. Yet the most effective and sustainable source of competitive
advantage is talent.
Talent Management in the developing world explores how the policies, systems
and procedures that have been successful within national boundaries are
inadequate to meet the value propositions of completely different and diverse
people working in different countries, cultures, legal and socio-economic
environments. In fact, they may be dysfunctional to talent management.
Aligning talent management with globalisation must begin with a change in the
paradigm of organisational leaders. First, they have to accept talent management
and retention as their responsibility. For too long many organisations have
abdicated this responsibility to the HR department. The role of the HR
People and Talent Management-A concise approach |
department is to develop policies and systems and guide managers, but the actual
management of talent falls squarely on the shoulders of line managers. Second,
managers need to change their hedonistic philosophy about employees.
Alemobila (2012) states that developing countries may be poor (in Africa about
300 million people live on less than a dollar a day), yet not every employee is
necessarily an ‘economic man’. People are motivated by factors other than
pecuniary reward, and those factors should inform the way managers manage the
abilities, potential, aspirations, needs, wants and concerns of their talented
people.
Managers must flow with the tide. Recruitment brand has become a pre-eminent
feature, and information technology an incredibly useful instrument in the war
or competition for talent. Hiring talent should be not only for the job, but also
for a global career – not only for today, but also for tomorrow.
As a result of increasing globalisation, talents are now spread over business units
and departments in different locations and countries. The identification of talent
gets harder. Companies claim that high potentials from Asia, South America and
Eastern Europe lack the team work attitude, educational qualifications and
cultural sensitivity needed to work internationally. However, in the not too
distant future, organisations will need to be able to draw on the skills of
managers from those regions which makes it all the more important for them to
know how to identify the potential managers and leaders of the future
(Cubiks.Com).
Executives have already realised that their talent strategies cannot focus solely on
the top performers. The effects of the long term demographic trends and the
effects of globalisation have already forced companies to re-think their target
group for talent management. Organisations and their managers need to identify
good performers early on in their careers and start paying real attention to them.
reducing manpower, introducing salary freezes and cutting budgets for training,
coaching and entertainment. CEOs everywhere are having to confront these
issues and make announcements that keep analysts, shareholders and investors
happy.
It certainly pays to be skilled in India. That of course is true everywhere, but the
difference between skilled and unskilled labour in India is particularly striking.
Minimum wages for unskilled workers are still very low by western standards –
in April the Delhi government announced a 5.5% increase to the basic wage, but
this only takes it from US$1,400 to $1,478 per annum. Having skills and tertiary
qualifications, especially in the IT industry, is a ticket into the middle class of
the Indian workforce. The large contrast between skilled and unskilled workers
in India is driving a new inequality – the fortunes of the few that are able to
attain acceptable education and qualifications are considerably more promising.
Where you live and whom you work for can also have a significant bearing on
your financial prosperity. BPO hot spots like Bangalore and Pune pay more on
average than cities such as Delhi and Chennai. And if a top salary is your goal,
head for the multinationals – they certainly compete for talent with wallets open.
Money attracts but it does not retain. The job-hopping fury in the Indian
workforce, particularly among ambitious, talented millennial is enough to prove
that point. A recent Mercer survey backs it up: 54% of Indians are seriously
considering leaving their current employer, and in the 16-24 year age bracket,
People and Talent Management-A concise approach |
that increases to 66%. Two-thirds of a call centre could potentially be gone by the
end of the year. Some will no doubt be chasing a hike in salary, but as is the case
elsewhere, when it comes to knowledge workers, more knowledge is also what
they are after.
Talent management in India should be seen for what it is: a risk management
strategy against the business impact of having inadequate or insufficient human
resources to fulfil organisational objectives. If that is the case, both local Indian
companies and multinationals operating in India have much work to do.
Mobile phone manufacturer, Nokia has reduced its HR costs by between 20% to
30% after rolling out a web-based HR portal to its 60,000 employees. The portal,
part of a major re-think of the way Nokia manages its HR, has given the company
a clear view of the capabilities of its worldwide workforce for the first time.
In human resources, at least, Nokia had a lot of the pieces in place to make the
restructuring possible, says Andrew Winnemore, director of global HR services.
Clarity in process
“Unless you get clarity behind that, you end up having workflows and approval
flows which are very difficult to customise, build and maintain.”
Nokia took these lessons on board when revisited the project in 2008. The project
team took time to study and understand the day-to-day tasks and problems facing
HR. It became clear that Nokia’s HR data was not as consistent as it should be.
HR managers in each country were entering data into the SAP system in
different ways.
“We found that moving people from one country to another country was just a
horrific nightmare,” he said. Winnemore and his team developed a detailed
| People and Talent Management-A concise approach
change plan before rolling out the portal. At its core was a proposal to create
consistent records by centralising HR data entry in one place.
“Part of that was driven by costs, so we could allow our HR consultants in each
country to focus on what’s important. But the other underlying factor was to
simplify and streamline the approach,” he said.
“We looked at each transaction and asked questions like’’, “can you change your
job title yourself, or not?’’; “When you do recruitment, who is involved in
recruitment?’’; “When you do a promotion, how do you do a promotion, who is
signing off the promotion?” he said. “We looked at everything linked to every
HR transaction that we have.”
Complaints
“There were lots of problems at the beginning, lots of complaints, and we just
went through it systematically step by step, fixing-improving, fixing-improving.”
Nokia slowly began to encourage staff and managers to use the portal, rather than
taking their queries to HR.
“We do feel that there is a lot more we can do there. And it's one area we are
looking at more consciously,” he said. For example, data analytics could be used
identify managers who were particularly skilled at hiring high-performing
recruits.
“If a manager ends up being really talented at picking out the right people, we
should be able to use this information in the future to say, if we have the manager
focusing more on this role, we can generate value,” he said.
People and Talent Management-A concise approach |
Why is restructuring important for a company like Nokia? What were the
problems that the company faced in India? What are the implications of product
customisation in India? What does the case study tell about globalisation and
talent management? What are its key challenges here?
Economic and political reforms and globalisation in the developing world have
led to the emergence of companies that are expanding beyond their national
borders into the international arena.
Talent Management in the developing world explores how the policies, systems
and procedures that have been successful within national boundaries are
inadequate to meet the value propositions of completely different and diverse
people working in different countries, cultures, legal and socio-economic
environments.
Aligning talent management with globalisation must begin with a change in the
paradigm of organisational leaders. As a result of increasing globalisation, talents
are now spread over business units and departments in different locations and
countries.
Studies and research have shown that diversity impacts positively on the
workforce and is supposed to create wealth in the organisation, hence it is a
direct contributor to the development of talent in the firm. The acceptance of
diversity is welcome in multi-racial societies and a country like Mauritius will
not suffer from diversity management given that it already espouses such a
concept.
The development of talent within diversity is a reality because all such elements
of diversity mentioned in the initial paragraph have a positive contribution to
talent development. In terms of gender, both men and women contribute to
talent since both genders have their own approach to work and productivity.
Regarding age, older workers might have better experience than the young ones
but the young workers bring new blood to the firm. Regarding social
background, workers from different classes might bring along their culture and
abilities which can be mixed up but also be aligned with the firm’s culture.
Foreign employees may bring their expertise to industries and the economy.
Think of the Chinese workers who came to work in the textile sector in the
eighties (of the last century) and who contributed to the advancement of the
Mauritian economy. Part-time workers also have their contribution to diversity
and talent management where firms can outsource such talent and use it for back
up or support activities. The Mauritian economy is also opening up to workers
with physical disabilities and encouraging them to work alongside the existing
workers. If disabled employees are well trained and have their talents unleashed,
they can also positively contribute to their firm’s success.
Next consider the new forms of diversity namely the LGBT category including
lesbians, gays, bisexuals and transgender types of workers. Despised since a long
time by the traditional society and suffering intensely from stigmatisation, this
“new” category of employees has a contribution to diversity and talent
management provided that all negative thoughts and discrimination are
People and Talent Management-A concise approach |
overcome and that they are considered as equal as the “normal” employees.
Workers suffering from HIV-AIDS also form part of the diversity background
and need the same support to participate in diversity and develop talent.
Having said all this, it is imperative for companies to embrace diversity with the
belief that the more varied and differentiated the worker’s background, the grater
is the possible of wealth creation and the development of talent in the firm.
In recent years, talent management has become a priority for organisations
worldwide due to a shortage in skilled staff, particularly managers. Talent
management strategies facilitate the development of both individuals and
organisations by identifying employees with talent and ensuring that they receive
the support they require.
Many argue that the effective management of diversity can lead to improved
talent management as it is easier to attract and retain talent able to benefit
businesses. However, organisations that have approaches to talent management
and diversity often find that they are not integrated to ensure that employers are
accessing or developing the widest possible pool of talent.
While many employers recognise the value and potential benefits of identifying
and developing talent - they can face challenges when integrating talent
management with existing equality and diversity policies.
The main challenges facing employers are ensuring all employees are given an
equal opportunity to reach their full potential and getting line managers to
embrace diversity and accept cultural differences (both cited by 4 per cent of
employers) (CIPD, 2010).
‘‘Bridging the Gap between Diversity and Talent Management’’ highlights the
increasing importance of hiring for diversity in light of changing demographics
and offers actionable insight on how to prepare for impending talent shortages.
There must be useful strategies organizations can adopt to ensure the success and
added value of their diversity programs, from creating an effective diversity
statement and understanding the barriers to inclusion, to identifying best
practices and strategies to improve diversity and ensure compliance (Ranstad,
2013).
Consider the following in the diversity part of the talent management cycle:
One cannot achieve diversity unless you understand the value it brings to the
organization. Diversity is not a numbers game or saying that the company are an
Equal Opportunity Employer. Diversity only comes when there is a real
commitment to go the extra mile to make it happen as opposed to going through
the motions of making it happen. HR people that talk about diversity but really
do not seem to understand, on a guttural level, the true value it brings to the
organisation. Because of this poor insight, their organisation is at a real
disadvantage.
Employee relations is serious business. It is hard to get the job done if no one is
getting along. Employees should value diversity of thought, respect individual
differences, and try to work together in an effective manner. Sadly, reality is not
always in alignment with this model. Understand this: employee relations is not
the belief that everyone should be happy all of the time. Employee relations is all
about dealing with interpersonal issues and doing what you can to fix them for
the sake of organisational productivity. The idea is to remove the rough spots
that slow down the machine and create inefficiency.
People and Talent Management-A concise approach |
How you handle employee relations demonstrates your ability and business
judgment. Time is money. Some employees are high maintenance. How much
time should you put into these employees and workplace situations? It is a
judgment call. Once again, be advised it is a business decision, and you are a
businessperson who is running a business unit. No one is irreplaceable, and
sadly, some employees might be happier at another organisation.
Work with people to help solve their problems, but do not solve their problems
for them. They will never learn anything if you do. Your best bet is to coach high
maintenance employees in first avoiding problems, solving them only when they
get stuck.
Employee retention costs money, but the cost of losing the people within your
organisation you wish to keep is far more expensive. Lack of retention will lead
to entropy. Nothing good can come of that plan.
cost centre valued only as a line item first to be cut from the budget when
revenue projections are not met.
Diversity management is not something that can be turned-on and then turned-
off like this – in an instant. Because this has historically been the case, it has
been impossible to build any type of continuity, impact or momentum when it
comes to recruiting and retaining top talent (Llopis, 2013).
Diversity management must move beyond the favoured nation “check box”
mentality – where different groups are favoured at different times instead of all
groups at all times – and become an everyday responsibility inherent within the
organization’s culture that everyone embraces. According to Lopis, one must
view diversity though a lens that is less about managing the political dynamics of
a melting pot and filling pot holes–and more about the endless opportunities of
leading a cultural mosaic fuelled by untapped intelligence and know-how. Until
then, diversity will not be taken seriously because people remain uninformed
about what it really means to business and their careers.
During a time when budgets are being scrutinized and ROI is carefully
measured, corporations will not invest in advocacy and this is what diversity is
perceived as being. This is how diversity has been historically managed and
how decisions have been made – not just by corporations but by the countless
non-profit professional organisations that advocate and support their specific
constituencies. These organisations are important and they serve a role; but
they too must reinvent themselves to leverage their valuable resources in ways
that directly impact the totality of a corporation’s supply chain – focused on
driving business results and easily measured ROI.
Diversity leaders would do well to start thinking more like Talent Managers,
integrating initiatives and meeting with their Talent Management partners. For
diversity to finally and fully achieve its objectives, it needs a range of champions,
but not just HR or Diversity Directors (Morton, 2004). It needs the full support
of the organisation, which Talent Management is already getting.
There is a great deal to be learned from how Talent Management is doing that,
and a lot of potential benefit from making sure that diversity is closely aligned to
this rapidly emerging and significant new area. Many of those organisations that
employ Talent Management are already embedding the thinking and behaviour
that embodies diversity throughout their organisations. Perhaps that’s where our
next group of best practices will come!
The result is that it is not possible to fully tap the potential of people of colour as
well as a majority of women with a historically one-dimensional Eurocentric
system of operation. In fact, until the early 2000’s, Eurocentrism was a way of
operating that systematically excluded most of these populations from any
significant advancement. At present, what has emerged is “inclusive
participation” under the guise of cultural inclusion.
Bayer recognises that science plays an integral part in everyday life and
encourages all employees to make a difference through daily contributions to our
organisation’s mission. Careers with Bayer allow for the experience of working in
a global environment with an on-going focused effort and sustainable approach
to improving lives of humans and animals. Related to this position, Bayer offers
the opportunity to:
-Build close alliances with colleagues within the Human Resources community
through coaching and consulting while providing a diversity perspective
embedded in the business to leverage and accomplish US and business unit
diversity plans;
-Cultivate outreach and relationship building with key diverse professionals and
community-based organisations for the purposes of recruitment, brand equity
and improved corporate citizenship;
- Lead all efforts for diversity training across the US in partnership with global
Diversity and Inclusion groups and local learning teams;
- Help provide subject matter expertise and direction on industry best practices
relating to diverse hiring;
- Be responsible for managing and reporting all key diversity metrics on regular
basis;
-Manage, coordinate and implement processes for talent management, coach and
partner with Human Resources and communicate how to successfully execute
these processes and initiatives to ensure long term impact;
-Assure the alignment and integration of initiatives with business and Human
Resources strategies
-Facilitate briefings for leaders on topics that pertain to Diversity and Inclusion,
leadership and developing bench strength;
‘‘The best way to do that is by recruiting a diverse workforce that mirrors your
customer base,’’ says John Brock, chief operating officer of Cadbury Schweppes,
the U.K. food and drinks company. ‘‘By managing this diversity effectively, we
get a better understanding of our customers. And that is a significant competitive
advantage.’’
Organisations that have invested in diversity initiatives have reaped the benefits.
Take Union Bank of California, which was voted ‘‘Best Company for Minorities’’
by Fortune magazine in 1999. Its stock has appreciated at a 34% compound rate
for the past five years. In fact, Fortune’s top 50 best companies for minorities as a
whole outperformed the S&P 500. No wonder other organisations are following
suit.
But it is not just about the bottom line any more. The real reason organisations
are pursuing diverse talent is that they will not have a labour force if they're
considered exclusive. According to Geoff Unwin, chief executive officer of
management and IT consulting firm Cap Gemini Ernst & Young, demographics
in the West are working against the needs of global corporations.
Talent Spotting
‘‘The rising demand for talent, combined with falling birth rates, is resulting in
fierce competitions for the best recruits,’’ says Mr. Unwin, who now dedicates
60% of his time to talent spotting. ‘‘And, given that tomorrow's work force will
come from the developing parts of the world, a diverse make-up now is crucial to
attract that talent in coming years. After all, without them we do not have a
business.’’
Cap Gemini Ernst & Young is not the only organisation that's putting the battle
for talent at the top of its boardroom agenda. According to the Society of Human
Resource Management's (SHRM) 1998 survey on diversity programs, nine out of
10 respondents from Fortune 500 organisations are actively recruiting women,
African-Americans and Hispanics. They're also taking steps to bring more
Asians, Native Americans and people with disabilities into their organisations.
| People and Talent Management-A concise approach
That said, recruiting the most skilled women and people of colour takes more
than the standard employment agency or classified-ad approach, wherever the
potential recruits are based. Although the Web is successful at generating a good
response from all corners of the globe, it does not always produce the right
response. And, although a somewhat better response tends to be generated by
posting job notices at community centres where target groups congregate, or by
advertising with specialised employment agencies, it is just not enough.
For this reason, many businesses have started to use more proactive and creative
strategies to win these diverse groups over. For example, Cadbury Schweppes
supports several initiatives like the Hispanic Heritage Awards, which are given to
Hispanic people such as Gloria Estefan for major contributions to the arts and
business. But Cadbury Schweppes also gets actively involved in initiatives of the
International Association of Students in Economics and Management, which
goes by the French acronym AIESEC and is the world's largest such
organisation, facilitating thousands of business exchanges a year.
Niche Networking
Surprisingly, the most effective route that corporations are using to attract a
diverse following is through their existing employees. According to SHRM, 71%
of companies surveyed reported that employee referrals resulted in the most
minority hires.
To really win minority recruits over, organisations are having to offer more than
a generous financial package. That's why some companies are going that extra
mile to accommodate several faiths and lifestyles. And we're not talking about
days off, flexible hours or offering concierge services, but incentives like a
muezzin's call programmed into a computer so that Muslim employees know
when to roll out their prayer rug, and providing menus comprising halal and
kosher meals in company canteens.
Identify the conditions that have called for the use of talent from employee
diversity in the firms stated in this case. What is the measurable outcome of the
diversity? Are there challenges and concerns from employers regarding
recruiting workers other than local ones? Does diversity promote talent
management? Could you find out examples in this case?
Many leaders argue that the effective management of diversity can lead to
improved talent management as it is easier to attract and retain talent able to
benefit businesses.
There must be useful strategies organisations can adopt to ensure the success and
added value of their diversity programmes, from creating an effective diversity
statement and understanding the barriers to inclusion, to identifying best
practices and strategies to improve diversity and ensure compliance.
Diversity may not have direct link with talent ……………….. ………………
management.
In 1997, McKinsey & Co. coined the term “War for Talent” after a yearlong
study which concluded that the most important corporate resource over the next
two decades would be talent. The study concluded that the demand for smart,
technologically savvy and globally astute businesspeople would outstrip the
supply. The search for the best and brightest was predicted to become an ongoing
battle and not only would organisations need to become better equipped to
recruit skilled talent; they had also be challenged to be able to retain them. How
does the outlook compare almost a decade and a half later? Businesses compete
today in a global environment, and traditional differentiators such as technology,
physical resources and innovation are accessible and easily replicated.
This course broadly aimed to uncover the concept of talent management so far
tied to human resource management in Mauritius and vaguely addressed. By
going through the chapters, the prospective student gets a clearer of picture of
talent management, how it is included in human resource management and
development and, particularly, how talent management aims at bringing better
results to the organisation. This final chapter summarises the key points to
effective talent management and it is hoped that it impacts the Mauritian
context.
Talent has emerged as a key source of competitive advantage, and the imminent
shortage of skilled businesspeople remains acute – and if anything has gotten
worse. An aging population of Baby Boomers and the tendency for Generations
X & Y to frequently change jobs has made it increasingly difficult to attract and
retain leaders and skilled knowledge workers. Reorganisations and downsizing
that occurred as a result of the recession have served to further damage
leadership pipelines.
So, what does it take to create an effective Talent Management Strategy? First of
all, it requires executive level sponsorship and support. Senior leadership needs
to communicate the importance of talent management as an organisational
priority, and must be actively involved in the process. It also requires a clear
understanding of the corporate vision and direction, because to be effective,
Human Resource Strategy needs to be grounded in Business Strategy. To be
respected as partners, HR practitioners must fully understand and support the
requirements of the business they serve.
By understanding the needs of the business – now and into the future, HR
leaders can identify competency requirements that reflect the knowledge, skills
and abilities that will be necessary to support strategic objectives. The
competencies must also reflect the corporation’s values and culture. Otherwise,
skilled individuals are hired who simply are not a good fit for the organization.
Once defined, these competencies need to be embedded in all of the HR
processes; including recruitment, selection, development, and evaluation.
The next step is to segment the workforce to identify critical roles. These are key
positions that exert an important influence on operational activities or the
strategic objectives of the organisation. Without these roles, the organisation
would be unable to effectively meet its business objectives. Critical roles are not
confined to senior levels, and extend to include key positions throughout the
organisation.
Once critical roles are identified, it is necessary to conduct a talent review. How
are staff members currently performing? What is their potential? Keep in mind
that current and past performance is a strong indicator of potential, but the two
are not synonymous. In fact, according to the Human Capital Institute, more
than 70% of today’s top performers lack the critical attributes essential to success
in future roles. People who perform well in their current roles can fail miserably
if they are promoted beyond their level of competence. When determining
potential, it is important to avoid manager evaluation bias. The use of objective
assessment data can be helpful in this regard. Many organisations make use of
the traditional methodology to visually represent where individuals fall relative
to performance and potential. This can be helpful to support leadership
roundtable discussions where performance and potential are openly discussed
and calibrated.
| People and Talent Management-A concise approach
Then, there is the question of transparency. Should people be told whether or not
they have been identified as “high potential”? Doing so allows high potential
talent to be recognised and valued. It increases retention and creates a heightened
accountability for development. It also provides people with an opportunity to
“opt out”, since not everyone will be willing to invest the time and energy
required to develop their potential. However, if the communication is not
handled effectively, it can lead to false expectations and the “crown
prince/princess” syndrome. It can also create unwanted stress and pressure for
those who are identified as “high potential”. And what about people who are not
identified? What can be done to ensure they feel valued and not discounted?
These are all important factors to consider. Ultimately, the decision of whether
or not to communicate this information openly needs to relate back to the
organisational culture. Does the organisation value and espouse open
communication and transparency? If so, the approach taken to talent
management needs to align. If the choice is made to communicate transparently,
it is imperative to equip managers with the training and tools necessary to
support them in communicating these messages effectively.
Once the talent review has taken place, it’s necessary to conduct a gap analysis.
Are there any critical roles that are currently unfilled? What about future
requirements? What are the organisation’s plans for growth? Where do you
anticipate attrition and who is eligible for retirement over the next five to ten
years? This is where succession planning comes into consideration. Are there
capable people available to backfill critical roles immediately? If not, are there
any who could step into the role on a temporary basis until a suitable
replacement can be found? Are there people who have the potential to take on the
role in the future? Where do gaps exist? To fill these positions, the possible
options are to buy, build, or borrow. In other words, talent to fill key roles can be
acquired, it can be developed from within the current workforce, or the roles can
be outsourced or filled through the use of a contingent workforce.
In situations where there are no staff identified as having the necessary potential
for the roles in question, or where the time required for development is too long
to fill the identified gaps, then “buying” talent is an appropriate strategy. To be
effective at recruiting desired talent in a competitive environment, it’s important
to consider employer brand image. What is the value proposition for employees,
and how does it get communicated? Some smart and savvy organisations have
started to customise their employer brand to meet the needs of different
demographic segments. Recruiting material and language can be differentiated to
market to multiple generations and cultures. It’s also important to consider
various recruitment strategies, depending on the desired target market. These
may include internal referrals, on-campus recruitment, web-site advertisements,
People and Talent Management-A concise approach |
recruiting firms or the use of social media. When making selection decisions, it is
critical to assess candidates against the competency requirements, using best
practice methodology, including standardised behavioural interviews and
psychometric assessment tools.
To engage and retain desirable talent, staff need to feel they are making a valued
contribution that the organisation recognises and rewards. This is why it is
important for people to understand where they fit within the corporate strategy,
and how they are contributing to it. Adequate compensation and rewards are
valuable too, but there are other factors to consider in order to maximize
retention. Career development is a key driver of employee engagement,
particularly for Generations X and Y. If people don’t feel they are being
developed and given opportunities to grow, they are likely to leave. Strong
leaders understand the importance of having regular career conversations with
staff members to understand what they are interested in, what areas they want to
develop, and how they can be of support. Career development doesn’t necessarily
imply vertical progression, as many staff will be motivated by lateral moves that
offer an opportunity to develop skills and be exposed to different areas of the
business.
To gain competitive advantage, the demand for human capital drives talent
management. Talent management strategies focus on five primary areas:
attracting, selecting, engaging, developing and retaining employees.
In addition, as noted in SHRM’s 2005 Future of the U.S. Labour Pool Survey
Report, the anticipated loss of talent in the next decade will vary by organisation
size, sector and industry. For example, large organisations—as compared with
small and medium companies—are more concerned about loss of talent from the
retirement of the baby boom generation, and public and government
organisations are more concerned about the loss of potential talent than private
companies.
To integrate talent management into all areas of the company, HR also plays a
role of change management agent. To drive this change, HR addresses four
diverse talent management activities: recruitment, performance management,
leadership development and organisational strategy.
The opportunity and challenge for HR, working with senior management, is to
increase the strength of employee engagement. Focus on engagement demands
| People and Talent Management-A concise approach
Talent has emerged as a key source of competitive advantage, and the imminent
shortage of skilled businesspeople remains acute.
People who perform well in their current roles can fail miserably if they are
promoted beyond their level of competence.
To engage and retain desirable talent, staff need to feel they are making a valued
contribution that the organisation recognises and rewards.
To gain competitive advantage, the demand for human capital drives talent
management. Talent management strategies focus on five primary areas:
attracting, selecting, engaging, developing and retaining employees.
1. A talent marketplace is
A. communicationl skills.
B. analytical skills.
C. business skills.
D. thinking skills.
Keys 1B2C3A4D5A6A7B8D9C10C
People and Talent Management-A concise approach |
15. In Mc Kinsey’s ‘‘War for Talent’’ regarding performance, the new reality
is that
Keys 11C12B13A14D15A16A17B18D19C20B
People and Talent Management-A concise approach |
29. In the Mc Kinsey’s study “War for Talent”, the study concluded that
A. the supply for globally astute people would outstrip the demand.
B. the demand for globally astute people would be less than the supply.
C. the demand for globally astute people would outstrip the supply.
D. the demand for locally astute people would outstrip the supply.
Keys 21A22B23C24D25A26A27B28B29C30C
People and Talent Management-A concise approach |
Briefly identify and explain the four key steps in talent management. Why is
retention an important component of talent management? Why do companies
need to develop talent within the firm?
Why is capacity building a key factor concerned with talent management? How
does the capacity mindset model explain the need to build or improve on
existing capabilities? Provide illustrations of capacity building in relation to
talent in Mauritian companies.
Briefly explain certain communication techniques that can be linked with talent
management. Mc Luhan stated that the ‘‘medium is the message’’. How might
leaders improve their communication strategy by selecting modern modes of
message transmission? How might clear, concise and direct messages address
talent management in Mauritius?
| People and Talent Management-A concise approach
What is the relevance of valuing talent with rewards? Why is the role of the line
manager valued in reward management? A statement suggests that just focusing
on rewards might defy the importance of rewarding talent. Where might the
problem arise and what adjustment can management make in this context?
Why are emerging markets like the BRICS (Brazil, Russia, China, India and
South Africa) considered as useful backdrops for global talent management?
Why is language learning useful in these contexts regarding talent management?
What are the advantages and drawbacks of managing talent from a broad
international market environment?
Why should diversity be threaded through all talent management activities and
strategies? Does diversity management provide a wealth of talents to
organisations? Provide examples. How may an ethnocentric approach to
diversity management hinder the development of talent in an organisation?
How does the transition from personnel to human resource management and
eventually to talent management constitute a development in the thought of
people and talent management? Is talent management merely a buzzword? How
could it be developed within an organisation seeking to improve its Continuous
Professional Development?
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