This presentation explores the critical role innovative development programs play in the attraction and retention of top talent in organisations. The idea of 'dynamic engagement is discussed and examples of innovative 'next generation' talent development programs are outlined. Presented at the "ABC of XYZ" new generations conference, delivered by McCrindle Research, in Melbourne and Sydney, Australia, August 2010.
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New Generations: Attracting, Developing and Retaining Top Talent
1. HR Essentials for the New Generations
Attracting, Developing and Retaining Top Talent
Josh Mackenzie
Managing Director
Development Beyond Learning
Website: www.developmentbeyondlearning.biz
Blog: www.joshmackenzie.com.au
2. Future generations will continue to be
significantly different.
Employers who adapt fastest will capture the
highest quality employees.
3. Are your top young talent in a
meaningless fling, or are they
GETTING ENGAGED?
4. 2008
4,271 graduates in 44 countries
“Millennials at Work” survey
Most highly valued employee benefit:
TRAINING AND DEVELOPMENT
PricewaterhouseCoopers; Millenials at Work: perspectives from a new generation
5. 2009
2,582 graduates in 127 employers
AAGE Candidate Survey
79% said most important factor in choosing is:
TRAINING AND DEVELOPMENT
Australian Association of Graduate Employers (AAGE) Candidate Survey, 2009
6. How can you leverage training and
development to attract, develop and
retain top young talent?
12. Attracting
Young Talent
Dynamic
Engagement.
Retaining Developing
Young Talent Young Talent
13. How can you use
development to
ATTRACT
top talent?
14.
15.
16.
17.
18.
19. Where would you most like to work overseas?
30
22.5
15
7.5
China
0 France
Australia
UK
USA
PricewaterhouseCoopers; Millenials at Work: perspectives from a new generation, 2008
20. Attracting
Young Talent
Dynamic
Engagement.
Retaining Developing
Young Talent Young Talent
22. Turn me ON ... please.
I want to achieve something TANGIBLE.
I want to have AMAZING and UNIQUE EXPERIENCES that
truly challenge me.
EXPOSE ME to very senior leaders I can admire, trust
and resect and I will follow.
Give me NEXT GENERATION DEVELOPMENT as a next
generation leader.
23.
24. Example 12 Month Next Generation Talent Program
90 Day 45 Day
Tailored Project Tailored Project
Development 2 day
Needs 2 day 2 day 2 day 2 day
Experience/ Workshop
Assessment Workshop Workshop Workshop
workshop
Jan Feb March April May Jun Jul Aug Sept Oct Nov Dec
Supervisor’s Supervisor’s
Masterclass Masterclass
Round 1 Round 2
Monthly Online Vod-Cast Design Focus Group
Group Coaching Call
Individual Coaching Program Mentoring Program
27. Attracting
Young Talent
Dynamic
Engagement.
Retaining Developing
Young Talent Young Talent
28. How can you use
development to
RETAIN top talent?
29. Factors that would lead a graduate to stay longer with an employer
Promotion
Remuneration
Content of Work
Work-Life Balance
Ability to Move Within Org
Overseas Opportunities
Further Study
Work Relationships
Training and Development
Qaulity of Manager
0 20 40 60 80
According to over 1,700 graduates from 90 employers who participated in the
AAGE Development and Retention Survey, 2010
36. Attracting
Young Talent
Dynamic
Engagement.
Retaining Developing
Young Talent Young Talent
37. HR Essentials for New Generations
Attracting, Developing and Retaining Top Talent
Josh Mackenzie
Managing Director
Development Beyond Learning
Website: www.developmentbeyondlearning.biz
Blog: www.joshmackenzie.com.au