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© 2014 Halogen Software. All rights reserved. All contents are confidential.
HR Wins:
Real Stories of
Successful Talent
Management
Journeys
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Today’s Speakers
Connie Costigan
Director, Marketing Communications
Halogen Software
Laurie Ruettimann
HR Writer, Speaker, Consultant
LaurieRuettimann.com
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Real Stories of Successful
Talent Management Journeys
1. How do you create
a talent
management
philosophy and get
people on board
with performance
management,
succession planning
and e-learning?
2. How does a talent
management
philosophy align with
real business
objectives?
3. How can talent
management
software
support these
goals?
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Talent
Management
101
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
What is Talent Management?
• Talent management is the
systematic attraction,
identification, development,
engagement, retention and
deployment of individuals
who are of particular value to
an organization.
(http://cipd.co.uk)
• Talent management covers
the art and science of
recruiting, retaining,
developing and rewarding
people.
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
What is Talent Management?
• Performance Management
• Learning and Development
• Skill Building and Career
Development Opportunities
• Succession Management
• Talent Mobility
• Compensation Planning
• Salary Benchmarking
• Job Descriptions
• Job Mapping
• Talent Acquisition
• Ongoing Coaching and Feedback
• Assessments and Measurement
Tools
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
What is a Talent Management
Software Solution?
Talent management suites include
capabilities for learning management,
performance management, succession
planning, compensation management and
recruiting management. (Gartner)
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Real Stories of Successful Talent
Management Journeys
How do you create a talent management
philosophy and get people on board with
performance management, succession
planning and e-learning?
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Creating a Talent Management Philosophy
A company’s approach to managing talent is defined by five elements:
1 Performance:
What are the consequences of higher or lower employee performance?
2 Behaviors:
How much do behaviors matter and at what threshold do we start to care?
3
Differentiation:
How should we allocate our company’s resources and rewards across varying levels of performance and potential?
Transparency:
How open should we be, and with whom, about our talent processes and their outcomes?
4
Accountability:
To what extent should managers be responsible for the execution of talent building processes?
5
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Creating a Talent Management
Philosophy
Get senior team input and consensus.
Present the data to the team and facilitate them to agreement on each talent
philosophy area. It’s not critical to have perfect alignment, as long as each executive
agrees to manage his or her group consistent with the team’s decisions.
Conduct a reality check.
It’s easy to give socially desirable responses when asked talent philosophy questions, so
it’s important to confront executives with the philosophy’s real-world implications.
Build HR processes and communicate to employees.
Once you’ve agreed on the rules, modify your HR processes to enable them. Talent
review, succession, development and compensation processes all likely require
adjustments to consistently support your new philosophy.
www.hrps.org/?Marc_Effron
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Is It Really That Easy to Create a
Talent Management Philosophy?
• Unreliable and Invalid Data
• Confidential Employee Data
Stored in Risky Ways
• Inconsistent Processes
• No Accountability
• Poor Communication
• No Link Between Values and
Behaviors
• Murky Merit Increases
• Culture of Skepticism and
Mistrust
• Co-Employment Risks
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Who Has A Stake in
Talent Management?
• Board Members
• Executive Leadership Team
• Directors, Managers,
Supervisors
• Human Resources
• Employees
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Real Stories of Successful
Talent Management Journeys
How does a talent management
philosophy align with real
business objectives?
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Three Questions Your Board is
Asking Itself About Talent
Are we spending enough time on talent matters?
Is management working toward the right talent outcomes
and metrics?
Do our current committee agendas allow us to focus on the
most important talent issues? For example, does the audit
committee cover talent risks? Does the compensation
committee use both talent metrics and financial metrics to
assess the health of the business and accomplishments of
leadership?
(http://executiveboard.com)
1
2
3
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Five Questions Your Board is Asking
Your CEO About Talent
Beyond leadership, which
talent segments are most
critical for success?
What are the top talent-
related levers that
management is pulling to drive
business performance?
How well are we doing on
talent (e.g., leadership
potential, quality of hire,
engagement) relative to our
competitors?
How are we differentiating
our value proposition for
talent relative to
competitors?
Do we have the right
talent for the next three to
five years?
(http://executiveboard.com)
1
2
3
4
5
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Does Your CEO Really Care
About Talent?
• Half of CEOs want to hire more people this year, but nearly two-thirds
are worried about finding the right skills.
• A full 93% acknowledge the need to change their talent strategies,
although less than a third have acted on their plans.
• More than 80% of CEOs are planning or making changes to their
organizational structure, and they’re also changing how they engage
with employees, particularly younger workers.
http://www.pwc.com/gx/en/ceo-survey/2014/key-findings/transformation/d
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Real Stories of Successful Talent
Management Journeys
• How can talent
management software
support these goals?
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Build HR processes and
communicate to employees.
1 Architecture is key:
Build a talent management strategy that is simple, clear and aligned.
2
Service with a mission:
Deliver a world-class experience to the board members, executives, managers, leaders, and employees.
3
Be your own PR firm:
Never stop talking about how your talent management strategy and software will help the organization perform
brilliantly.
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Who’s Doing
Talent Management Right?
Watch Now!
© 2014 Halogen Software. All rights reserved. All contents are confidential.
Watch the webinar now!
HR Wins: Real Stories
of Successful Talent
Management Journeys

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HR Wins: Real Stories of Successful Talent Management Journeys

  • 1. © 2014 Halogen Software. All rights reserved. All contents are confidential. HR Wins: Real Stories of Successful Talent Management Journeys
  • 2. © 2014 Halogen Software. All rights reserved. All contents are confidential. Today’s Speakers Connie Costigan Director, Marketing Communications Halogen Software Laurie Ruettimann HR Writer, Speaker, Consultant LaurieRuettimann.com Watch Now!
  • 3. © 2014 Halogen Software. All rights reserved. All contents are confidential. Real Stories of Successful Talent Management Journeys 1. How do you create a talent management philosophy and get people on board with performance management, succession planning and e-learning? 2. How does a talent management philosophy align with real business objectives? 3. How can talent management software support these goals? Watch Now!
  • 4. © 2014 Halogen Software. All rights reserved. All contents are confidential. Talent Management 101 Watch Now!
  • 5. © 2014 Halogen Software. All rights reserved. All contents are confidential. What is Talent Management? • Talent management is the systematic attraction, identification, development, engagement, retention and deployment of individuals who are of particular value to an organization. (http://cipd.co.uk) • Talent management covers the art and science of recruiting, retaining, developing and rewarding people. Watch Now!
  • 6. © 2014 Halogen Software. All rights reserved. All contents are confidential. What is Talent Management? • Performance Management • Learning and Development • Skill Building and Career Development Opportunities • Succession Management • Talent Mobility • Compensation Planning • Salary Benchmarking • Job Descriptions • Job Mapping • Talent Acquisition • Ongoing Coaching and Feedback • Assessments and Measurement Tools Watch Now!
  • 7. © 2014 Halogen Software. All rights reserved. All contents are confidential. What is a Talent Management Software Solution? Talent management suites include capabilities for learning management, performance management, succession planning, compensation management and recruiting management. (Gartner) Watch Now!
  • 8. © 2014 Halogen Software. All rights reserved. All contents are confidential. Real Stories of Successful Talent Management Journeys How do you create a talent management philosophy and get people on board with performance management, succession planning and e-learning? Watch Now!
  • 9. © 2014 Halogen Software. All rights reserved. All contents are confidential. Creating a Talent Management Philosophy A company’s approach to managing talent is defined by five elements: 1 Performance: What are the consequences of higher or lower employee performance? 2 Behaviors: How much do behaviors matter and at what threshold do we start to care? 3 Differentiation: How should we allocate our company’s resources and rewards across varying levels of performance and potential? Transparency: How open should we be, and with whom, about our talent processes and their outcomes? 4 Accountability: To what extent should managers be responsible for the execution of talent building processes? 5 Watch Now!
  • 10. © 2014 Halogen Software. All rights reserved. All contents are confidential. Creating a Talent Management Philosophy Get senior team input and consensus. Present the data to the team and facilitate them to agreement on each talent philosophy area. It’s not critical to have perfect alignment, as long as each executive agrees to manage his or her group consistent with the team’s decisions. Conduct a reality check. It’s easy to give socially desirable responses when asked talent philosophy questions, so it’s important to confront executives with the philosophy’s real-world implications. Build HR processes and communicate to employees. Once you’ve agreed on the rules, modify your HR processes to enable them. Talent review, succession, development and compensation processes all likely require adjustments to consistently support your new philosophy. www.hrps.org/?Marc_Effron Watch Now!
  • 11. © 2014 Halogen Software. All rights reserved. All contents are confidential. Is It Really That Easy to Create a Talent Management Philosophy? • Unreliable and Invalid Data • Confidential Employee Data Stored in Risky Ways • Inconsistent Processes • No Accountability • Poor Communication • No Link Between Values and Behaviors • Murky Merit Increases • Culture of Skepticism and Mistrust • Co-Employment Risks Watch Now!
  • 12. © 2014 Halogen Software. All rights reserved. All contents are confidential. Who Has A Stake in Talent Management? • Board Members • Executive Leadership Team • Directors, Managers, Supervisors • Human Resources • Employees Watch Now!
  • 13. © 2014 Halogen Software. All rights reserved. All contents are confidential. Real Stories of Successful Talent Management Journeys How does a talent management philosophy align with real business objectives? Watch Now!
  • 14. © 2014 Halogen Software. All rights reserved. All contents are confidential. Three Questions Your Board is Asking Itself About Talent Are we spending enough time on talent matters? Is management working toward the right talent outcomes and metrics? Do our current committee agendas allow us to focus on the most important talent issues? For example, does the audit committee cover talent risks? Does the compensation committee use both talent metrics and financial metrics to assess the health of the business and accomplishments of leadership? (http://executiveboard.com) 1 2 3 Watch Now!
  • 15. © 2014 Halogen Software. All rights reserved. All contents are confidential. Five Questions Your Board is Asking Your CEO About Talent Beyond leadership, which talent segments are most critical for success? What are the top talent- related levers that management is pulling to drive business performance? How well are we doing on talent (e.g., leadership potential, quality of hire, engagement) relative to our competitors? How are we differentiating our value proposition for talent relative to competitors? Do we have the right talent for the next three to five years? (http://executiveboard.com) 1 2 3 4 5 Watch Now!
  • 16. © 2014 Halogen Software. All rights reserved. All contents are confidential. Does Your CEO Really Care About Talent? • Half of CEOs want to hire more people this year, but nearly two-thirds are worried about finding the right skills. • A full 93% acknowledge the need to change their talent strategies, although less than a third have acted on their plans. • More than 80% of CEOs are planning or making changes to their organizational structure, and they’re also changing how they engage with employees, particularly younger workers. http://www.pwc.com/gx/en/ceo-survey/2014/key-findings/transformation/d Watch Now!
  • 17. © 2014 Halogen Software. All rights reserved. All contents are confidential. Real Stories of Successful Talent Management Journeys • How can talent management software support these goals? Watch Now!
  • 18. © 2014 Halogen Software. All rights reserved. All contents are confidential. Build HR processes and communicate to employees. 1 Architecture is key: Build a talent management strategy that is simple, clear and aligned. 2 Service with a mission: Deliver a world-class experience to the board members, executives, managers, leaders, and employees. 3 Be your own PR firm: Never stop talking about how your talent management strategy and software will help the organization perform brilliantly. Watch Now!
  • 19. © 2014 Halogen Software. All rights reserved. All contents are confidential. Who’s Doing Talent Management Right? Watch Now!
  • 20. © 2014 Halogen Software. All rights reserved. All contents are confidential. Watch the webinar now! HR Wins: Real Stories of Successful Talent Management Journeys

Editor's Notes

  1. Connie can follow up on Laurie’s points here with some insights about our research on strategic talent initiatives like succession planning. Connie can cite some data about where organizations are failing when it comes to getting executive and management buy in on key talent management initiatives. That in as much as there is a CEO acknowledgement about the NEED for this, that they are in fact not acting on their plans. (Our data bears this out. Of 350 global companies surveyed, only 13% of HR respondents felt that there was senior level accountability in supporting strategic programs like succession planning, and aligning the goals of the talent management program to the strategy of the organization) So all of this fear about a talent and leadership pipeline, and the fact that most CEOs know it’s a priority but haven’t yet acted on their plans to change their talent strategy, is a clear opportunity for HR leadership to help move that strategy forward.