1. Talent Management:
The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit,
Leeds Business School
j.gold@leedsmet.ac.uk

2. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
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Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

3. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

4. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

5. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
CIPD Surveys
54% of respondents reported doing talent management in 2012 (61% in 2011)
Only 20% had a formal definition, less than 60% of organisations with talent management activities
believe they are effective, with nearly one in six (15%) reporting they are ineffective
Developing high potentials (67%) and senior managers (62%) are main targets
In-house development, coaching and succession planning are main activities
66% believed that the exclusive focus had strong de-motivating effects on those not chosen
Only 29% believed that talent management should have an exclusive focus
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

6. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Typology of TM Choices
Inclusive
Everyone Networks/Communities
Collective
Individual
Selectes Elite Key positions/Key groups
Exclusive
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

7. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Problems
Talent matters, but TM matters more?
Talent requires opportunity & direction
Varied responses of different business units where culture, history and current
imperatives mediate attitudes towards TM
Leadership, structure, culture important – line managers!!
Another performance and appraisal process which provided a totem of respectability
Human Capital v Social Capital Development - talenting – the process of talent
exchange for mutual benefit (or not)
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

8. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Focus solely on Individual Talent/Human Capital
Neglects the organization as a whole
Arrogance and elitism
Talent not fixed over time
Focus on hiring outsiders at expense of developing insiders
Talented people recruit in own image, restricting what counts as talent
Focus on individual leadership, hero worship and executive pay
– creates narcissism, over-reliance on financial incentives and ruthlessness
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

9. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
The need for Talenting
Formal TM architecture
- BOXES
- GRIDS
- PIPELINES
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

10. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Do You Know Your Talenting?
1 Which talenting activities are well known to you?
2 Which are known but difficult to specify in detail?
3 Is the talenting aligned?
4 Can you ever know all the talenting?
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

11. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Talenting-Based View of Business
The sum of people’s gifts, and relationships of exchange, has the potential to create
competitive advantage.
Exploits the distinctive competencies of a work organisation (its resources and capabilities)
that arise through exchange.
Leadership capabilities are critical to harnessing the firm’s talenting
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

12. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
Uncovering the Difference that Makes the Difference
We have the Talent for Success
Factor 1 Factor 3
Factor 2
Activity 1 Activity 4
Activity 2 Activity 3
Example 1 Example 2 Example 3
Story Story Story
Telephone: 01535 604026 marketing@webanywhere.co.uk www.webanywhere.co.uk

13. Talent Management: The Bits Missing
Professor Jeff Gold, HRD and Leadership Research Unit, Leeds Business School
The Parable of the Talents* (Matthew 25:14-30)
*From Latin talenta, plural of talentum sum of money; in Medieval Latin the sense was extended to ability
“ For it will be like a man going on a journey, who called his servants and entrusted to them his property.
To one he gave five talents, to another two, to another one, to each according to his ability.
Then he went away. He who had received the five talents went at once and traded with them, and he made
”
five talents more. So also he who had the two talents made two talents more.
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14. Any Questions?