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STRATEGIC TALENT MANAGEMENT:Developing Open Talent Economy and Competitive Workforce
1. STRATEGIC TALENT MANAGEMENT: January 2014, Seminar, World Bank David Watson, Partner, SSCG Consulting & Advisory
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Introduction
5Cs People Performance Model
6 Key Areas that Impact Organisation Productivity and Profitability
Workforce Planning Steps & Maturity Model
Strategic Workforce Development & Management
Content
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Open talent economy: Universal and free flow of workforce, skills and talent.
•Access to talent: Outsourcing, partnership, M&A, JVS, contracting, alliances, flexible workers, freelancers, cloud sourcing. Strategic workforce management: Aligning skills and talent with organisation objectives to meet regulatory requirements, enhance performance and productivity
•Takes into account the projected loss of knowledge through employee exits and knowledge requirements for sustaining and progressing the business.
•Building organisation capabilities.
Introduction
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Factors Driving Talent Mobility and Open Economy
Data and analytics
Lifestyle
Talent investments
Talent re-shoring and mobility
Education and skills
Technology
Globalisation and economic shift
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Connection – Link between employees with the organisation and network
Compliance – Delivery on objectives and goals
Capability – Skilled and talented
Cost of labour - Return on investment
Capacity – Sufficient workforce
5Cs People Performance Model
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Organisation culture and leadership
Objectives and goals
Critical talent retention
Effective recruitment and orientation
Compensation and pay equity
Performance management
6 Key Areas that Impact Organisation Productivity and Profitability
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Provides a fact based method of understanding workforce behaviours:
Define KPIs, goals, measure and metrics
Manage data and analytics
Align HR with DATA
Create predictive HRD & HRM model
Deploy & evaluate models
Monitor effectiveness and progress: Promotion and turnover patterns
Predictive Analytics Approach
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Environmental scan: Head counting and profiling
Workforce analysis: Demand and supply gaps
Closing the gaps: Operational workforce planning
Strategic workforce management
HRD: Talent and skill sets
Mobility management: Retention
Workforce Planning Steps & Maturity Model
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@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
Strategic Workforce Development & Management
Business transformation /support portfolio shift
Skill set to drive and manage change
Capability shift
Capability needed to grow business
Regulatory and local content laws
Building local leaders and workforce to eliminate local grass ceiling
Securing talent pipeline
Build and keep talent
Expansion
Talent acquisition strategies
M&A
Mitigate overcapacity and re- alignment risks
Consolidation
Keeping the right capability in the organisation
Demographic management
Deployment of talent in the right environment
10. How we can help you?
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@2012 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
11. How we can help you?
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Consultancy & Advisory
Industries
Strategy and growth
Operation
Risks
Service
Market
Business
Talent management and mobility
Institutional development
Capacity
Projects
Energy, Oil and Gas
Retail and Consumer Services
FMCG
Public Sector
Agriculture
Industrial Products
Telecoms, Media and Technology (TMT)
Financial Services
@2013 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
12. Contact Us
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About SSCG
•A global network of management and advisory firms.
•Provide innovative and market beating solutions, insights, enterprise growth solutions, advisory and consultancy services.
•Support organisations and individuals seeking to explore and engage in business activities in Africa.
•We have build a strong footprint across Sub-Saharan Africa.
•We have built and sustain our reputation as the best firm to work with by ensuring that our people, our clients and our communities achieve their full potential.
•We operate as a global integrated firm, with one methodology across all our geographical areas. We have structured our business to ensure and enable us to mobilize our people quickly, and allocate them to projects in the right place, at the right time.
For further information or to discuss your organisation tailored needs, contact our advisory team at:
E: Info@s-scg.com
W: www.s-scg.com
@2014 SSCG Copyright The information contained herein is of a general nature and subject to change. Applicability of the information to specific situations should be determined through consultation with our advisers. For more information visit www.s-scg.com or contact us at info@s-scg.com
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