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Managing talent effectively  by Fluid  January 2010
Contents 3-4 		Introduction to Fluid 5-6		At the beginning 7-8		Key to good talent management 9-11		Pitfalls 12-15	Developing future leaders 14-15	Give feedback, get back performance 16-17	When key talent becomes demotivated 18-19Ensuring talent management is not ageist 20-21	Exercise A 22-25Real-life example 26-28	Managing career development 29-30	What attracts the best people? 31-32	…and what makes them stay? 33-34	Managing top talent 35-37	Get YOUR talent noticed 38-40	Global talent shortage 41-43	Main skills lacking where skills shortage 	vacancies were identified	 44-45	Top 10 difficult positions to fill 46-47	Exercise B 48-49	Case studies 50-51	Exercise C 52-53	Conclusion and questions
Page 3 Introduction
Page 4 Introduction to Fluid Fluid Consulting Limited (Fluid) is a specialist human resources consultancy headed by Tim Holden MCIPD  10 years in banking 10 years in Human Resources consultancy Fluid trading since 2006 The core services provided by Fluid are: ,[object Object]
Selection-  Attraction -  Remuneration & Reward  -  Outplacement -  Training & HR consultancy
Page 5 At the beginning
Page 6 At the beginning ,[object Object]
Identify the problems
Take action before starting
Improve the data
Make better comparisons
Focus on outputs and outcomes, not activity
Mitigate remaining problems,[object Object]
Page 8 Key to good talent management ,[object Object]
Take into account not only your high potentials but also your high professionals-they make the organisation  work.
The faster you can show success, the greater the acceptance and momentum
Be rigorous. Come up with a system and stick to it. If you change it every year, people get confused.,[object Object]
Page 10 Pitfalls 1 of 2 ,[object Object]
Potential leaders being given good experience of strategic work but not gaining enough experience of operational management jobs
Talent management being seen as a set of HR initiatives that never really deliver, and are redesigned or relaunched by each successive HR Director or ‘Head of Talent’ ,[object Object]
Developing leaders who are superficially skilled but not committed to the organisation
Too wide a separation between ‘those who have talent’ and ‘those who don’t’, which can result in resentment and in  many good employees not being developed,[object Object]
Page 13 ,[object Object]
Ensure there is greater organisational clarity on the capabilities that underpin successful performance. This ensures the development processes are aligned against a common goal of growing the right capabilities to achieve and sustain organisational performance.
So you know where tomorrow’s leaders will come from, focus on the transition you are looking to help individuals make. Be clear about the specific challenges that particular groups of functional experts will face once promoted, and focus in assessing and developing these. Make sure individuals truly want to make the transition and that they are ready.Developing future leaders 1 of 3
Page 14 ,[object Object]
Put in place processes to enable ongoing development. Mentorship, action learning and specific ‘on the job’ experiences are particularly beneficial.
Involve your leaders as assessors. The skills they apply and hone during the process are invaluable in building the wider leadership capability of the organisation by developing leaders as coaches.Developing future leaders 2 of 3
Page 15 Developing future leaders 3 of 3 ,[object Object]
Understand the key elements
Ask yourself ‘ so what?’
Know your talent pool
Grow your talent
Make talent flow
Don’t lose focus,[object Object]
Page 17 When key talent becomes demotivated ,[object Object]
Reduced visibility or a subtle withdrawal of discretionary contribution
Increase in excuses
Commiseration with the workplace cynics
Unexplained lapses/absences
Under utilised PA/secretarial support
Loss of urgency and drive/procrastination
Unguarded candour with superiors
Procrastination,[object Object]
Page 19 Ensuring talent management is not ageist ,[object Object]
More experience does not mean less talent
Value every worker
Promote from within
Communicate your philosophy
Attract back former employees,[object Object]
Page 21 Exercise A
Page 22 Real-life example
Page 23 Real-life example 1 of 3 ,[object Object]

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Talent Management January 2010