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Talent Management
Talent..a
warmer
• In 1910 a young man of 26 left university
with a poor degree.
• He was considered unqualified to teach at
secondary school.
• He was about to become an insurance
salesman but his talent was spotted by a
great scientist of the day who recruited
him
• Both have made a huge contribution to
the modern world..
Max Planck: The
Recruiter
The Talent
Albert Einstein
• HARDY
• RAMANUJAM
• GOODWILL HUNTING
What is talent?
• Individuals or group of people with a natural aptitude for jobs within
a company
• Staff with the potential to be very good at something
• …natural ability to learn and grow
• Talent management is an organisation's commitment to recruit, hire,
retain, and develop the most talented and superior employees
available
• Our assets walk out of the workplace every
night …..
And our job is to make sure that they love
coming back every morning…what keeps me
awake at night?
Narayan Murthi, Infosys
• Malcolm Gladwell wrote a book: “Outlier”
• Forget the idea of talent…. We all have it…10 000 hours of practice
required to develop talent
• Beatles (played for many years in a small pub in Hamburg)
• Bill Gates (Many hours at Aiken Lab at Harvard)
• David Beckham ( spent many hours as a boy with his father)
• Tiger Woods (same thing)
• Bill Gates spent many nights in the Aiken Computer Centre (Harvard
University) working 36 hour stretches. His roommate said, “ Bill had a
monomaniacal quality. He would focus on something and stick with it.
He had the dedication to master whatever it was he was doing….
(Mintzberg and Quinn, 1996, The Strategy Process, Prentice Hall, p.193)
• Gladwell’s view is controversial
• Where does talent come from?
• Nature v. Nurture debate
• Bill Gates
• Einstein
• David Beckham
• Tiger Woods
• Beatles
ALL HAD ONE THING IN COMMON
• All were having fun doing what they were doing… not doing it for
money ..or only for money
Employer Value
Proposition (EVP)
• In developing the EVP, we need to understand
our company’s strengths, what the target
group of recruits may be looking for and what
rivals have to offer
BMW
© 2008 Prentice Hall, Inc. All rights reserved. 1–18
Aldi
© 2008 Prentice Hall, Inc. All rights reserved. 1–19
Apple
© 2008 Prentice Hall, Inc. All rights reserved. 1–20
• BMW = INNOVATION
• ALDI=LOW PRICE
• RED BULL= BRAND NAME
• APPLE= DESIGN AND MIXING DIVERSE TECHNOLOGIES
• TALENTS REQUIRED?
© 2008 Prentice Hall, Inc. All rights reserved. 1–21
• Define the Employee Value Proposition: Why should the individual
work for us?
Strengths Needs of Target group Competitors’
strengths
EVP
A A
B B B
C C
D D D
E E E
• Pareto Law 80:20
• “early in the epidemic, 10% or less of virus carriers led to about 80%
of infections”. Guardian 28 July 2020
Focus on the
individual talent
No artificial label
on people
• Newest Technology?
• Excitement?
• Exciting Projects?
Who should the company target?
• Active seekers: Read Job Ads, visit career fairs,
apply actively
• Passive seekers: Have a job, quite content but
may be open to new offers
• Non-seekers: Not interested in a new job
opportunity
How to reach the seekers?
Active and passive ways of talent acquisition
Poach
recruiter
Guerilla
Competitive
intelligence
X Factor
• Poach recruiter: Sun Tzu (2500 BC) said to weaken your enemy poach
their soldiers. Hire rival’s recruitment expert or indeed their staff
For example
• Tony Blair thinks that to solve the PPE problem in NHS , supply chain
management experts need to be recruited from other industries (retail).
Active search required
Guerilla Recruiting:
Unconventional
recruitment strategy
REFERRALS
Question
• University campus recruiting is usually passive (e.g. company sends
the university a few posters to bring to the attention of students).
How can a company make campus recruiting an ACTIVE process ?
• Make 4 suggestions
Who should be responsible for the talent
management strategy?
• Depends on the culture, history, structure of the company
• Centralised or Decentralised?
• Theory: Hard and Soft HRM (Storey)
• (RSA Motivation)
• Resource-Based View (Barney)
• Harvard Model of HRM
• Drucker
• Townsend
REFERENCES:
Referrals: https://www.google.com/search?q=best+recruitment+campaigns&tbm=isch&ved=2ahUKEwj8xsW7i7jpAhULxOAKHUxsAT0Q2-
cCegQIABAA&oq=BEST+RECRUITMENT&gs_lcp=CgNpbWcQARgCMgIIADIECAAQQzICCAAyBAgAEEMyBAgAEEMyBAgAEEMyAggAMgIIADICCAAyAggAOgYIABAHEB46
CAgAEAgQBxAeOgQIABAYUIVzWKaLAWCmowFoAHAAeACAAZ8BiAHLBZIBAzguMZgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=_bS_XrzUH4uIgwfM2IXoAw
&bih=751&biw=1536#imgrc=xL7Vf6jF5ABcBM
• DISRUPT YOUR THINKING: https://www.google.com/search?q=best+recruitment+campaigns&tbm=isch&ved=2ahUKEwj8xsW7i7jpAhULxOAKHUxsAT0Q2-
cCegQIABAA&oq=BEST+RECRUITMENT&gs_lcp=CgNpbWcQARgCMgIIADIECAAQQzICCAAyBAgAEEMyBAgAEEMyBAgAEEMyAggAMgIIADICCAAyAggAOgYIABA
HEB46CAgAEAgQBxAeOgQIABAYUIVzWKaLAWCmowFoAHAAeACAAZ8BiAHLBZIBAzguMZgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=_bS_XrzUH4uIgw
fM2IXoAw&bih=751&biw=1536#imgrc=c0r986yzs2qQYM
• Teaching:https://www.google.com/search?q=best+recruitment+campaigns+2019&tbm=isch&ved=2ahUKEwig7byNjrjpAhWL2-AKHeNiCWMQ2-
cCegQIABAA&oq=best+recruitment+campaigns+&gs_lcp=CgNpbWcQARgBMgIIKTICCAAyBAgAEB4yBAgAEBhQqYIBWJuLAWCe6wJoAHAAeACAAWKIAfcCkgEB
NpgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=wre_XqCEDYu3gwfjxaWYBg&bih=751&biw=1536#imgrc=MTApqLTlgOgtlM

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Talent_Management.pptx

  • 1.
  • 3. Talent..a warmer • In 1910 a young man of 26 left university with a poor degree. • He was considered unqualified to teach at secondary school. • He was about to become an insurance salesman but his talent was spotted by a great scientist of the day who recruited him • Both have made a huge contribution to the modern world..
  • 7. • HARDY • RAMANUJAM • GOODWILL HUNTING
  • 8. What is talent? • Individuals or group of people with a natural aptitude for jobs within a company • Staff with the potential to be very good at something • …natural ability to learn and grow
  • 9. • Talent management is an organisation's commitment to recruit, hire, retain, and develop the most talented and superior employees available
  • 10. • Our assets walk out of the workplace every night ….. And our job is to make sure that they love coming back every morning…what keeps me awake at night? Narayan Murthi, Infosys
  • 11. • Malcolm Gladwell wrote a book: “Outlier” • Forget the idea of talent…. We all have it…10 000 hours of practice required to develop talent • Beatles (played for many years in a small pub in Hamburg) • Bill Gates (Many hours at Aiken Lab at Harvard) • David Beckham ( spent many hours as a boy with his father) • Tiger Woods (same thing)
  • 12. • Bill Gates spent many nights in the Aiken Computer Centre (Harvard University) working 36 hour stretches. His roommate said, “ Bill had a monomaniacal quality. He would focus on something and stick with it. He had the dedication to master whatever it was he was doing…. (Mintzberg and Quinn, 1996, The Strategy Process, Prentice Hall, p.193)
  • 13. • Gladwell’s view is controversial • Where does talent come from? • Nature v. Nurture debate
  • 14. • Bill Gates • Einstein • David Beckham • Tiger Woods • Beatles ALL HAD ONE THING IN COMMON
  • 15. • All were having fun doing what they were doing… not doing it for money ..or only for money
  • 16.
  • 17. Employer Value Proposition (EVP) • In developing the EVP, we need to understand our company’s strengths, what the target group of recruits may be looking for and what rivals have to offer
  • 18. BMW © 2008 Prentice Hall, Inc. All rights reserved. 1–18
  • 19. Aldi © 2008 Prentice Hall, Inc. All rights reserved. 1–19
  • 20. Apple © 2008 Prentice Hall, Inc. All rights reserved. 1–20
  • 21. • BMW = INNOVATION • ALDI=LOW PRICE • RED BULL= BRAND NAME • APPLE= DESIGN AND MIXING DIVERSE TECHNOLOGIES • TALENTS REQUIRED? © 2008 Prentice Hall, Inc. All rights reserved. 1–21
  • 22. • Define the Employee Value Proposition: Why should the individual work for us? Strengths Needs of Target group Competitors’ strengths EVP A A B B B C C D D D E E E
  • 23. • Pareto Law 80:20
  • 24. • “early in the epidemic, 10% or less of virus carriers led to about 80% of infections”. Guardian 28 July 2020
  • 25.
  • 26. Focus on the individual talent No artificial label on people
  • 27.
  • 28. • Newest Technology? • Excitement? • Exciting Projects?
  • 29.
  • 30.
  • 31.
  • 32. Who should the company target? • Active seekers: Read Job Ads, visit career fairs, apply actively • Passive seekers: Have a job, quite content but may be open to new offers • Non-seekers: Not interested in a new job opportunity
  • 33. How to reach the seekers? Active and passive ways of talent acquisition Poach recruiter Guerilla Competitive intelligence X Factor
  • 34. • Poach recruiter: Sun Tzu (2500 BC) said to weaken your enemy poach their soldiers. Hire rival’s recruitment expert or indeed their staff
  • 35. For example • Tony Blair thinks that to solve the PPE problem in NHS , supply chain management experts need to be recruited from other industries (retail). Active search required
  • 38. Question • University campus recruiting is usually passive (e.g. company sends the university a few posters to bring to the attention of students). How can a company make campus recruiting an ACTIVE process ? • Make 4 suggestions
  • 39. Who should be responsible for the talent management strategy? • Depends on the culture, history, structure of the company • Centralised or Decentralised? • Theory: Hard and Soft HRM (Storey) • (RSA Motivation) • Resource-Based View (Barney) • Harvard Model of HRM • Drucker • Townsend
  • 40. REFERENCES: Referrals: https://www.google.com/search?q=best+recruitment+campaigns&tbm=isch&ved=2ahUKEwj8xsW7i7jpAhULxOAKHUxsAT0Q2- cCegQIABAA&oq=BEST+RECRUITMENT&gs_lcp=CgNpbWcQARgCMgIIADIECAAQQzICCAAyBAgAEEMyBAgAEEMyBAgAEEMyAggAMgIIADICCAAyAggAOgYIABAHEB46 CAgAEAgQBxAeOgQIABAYUIVzWKaLAWCmowFoAHAAeACAAZ8BiAHLBZIBAzguMZgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=_bS_XrzUH4uIgwfM2IXoAw &bih=751&biw=1536#imgrc=xL7Vf6jF5ABcBM • DISRUPT YOUR THINKING: https://www.google.com/search?q=best+recruitment+campaigns&tbm=isch&ved=2ahUKEwj8xsW7i7jpAhULxOAKHUxsAT0Q2- cCegQIABAA&oq=BEST+RECRUITMENT&gs_lcp=CgNpbWcQARgCMgIIADIECAAQQzICCAAyBAgAEEMyBAgAEEMyBAgAEEMyAggAMgIIADICCAAyAggAOgYIABA HEB46CAgAEAgQBxAeOgQIABAYUIVzWKaLAWCmowFoAHAAeACAAZ8BiAHLBZIBAzguMZgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=_bS_XrzUH4uIgw fM2IXoAw&bih=751&biw=1536#imgrc=c0r986yzs2qQYM • Teaching:https://www.google.com/search?q=best+recruitment+campaigns+2019&tbm=isch&ved=2ahUKEwig7byNjrjpAhWL2-AKHeNiCWMQ2- cCegQIABAA&oq=best+recruitment+campaigns+&gs_lcp=CgNpbWcQARgBMgIIKTICCAAyBAgAEB4yBAgAEBhQqYIBWJuLAWCe6wJoAHAAeACAAWKIAfcCkgEB NpgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=wre_XqCEDYu3gwfjxaWYBg&bih=751&biw=1536#imgrc=MTApqLTlgOgtlM