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Managing talent effectively in 2013



        by Toronto Training and HR

              January 2013
3-4     Introduction to Toronto Training and HR
           5-6     Definitions

Contents   7-8
           9-10
                   A typical distribution
                   The talent matrix
           11-12   Strategic perspectives on talent management
           13-14   Key focus areas
           15-16   Principal processes
           17-19   Specific recommendations
           20-21   Non-financial reward
           22-23   Drill A
           24-25   What does the ideal system contain?
           26-27   Balanced model of human capability
           28-29   Considerations of talent management
           30-33   Examining the organizational culture
           34-35   Establishing the organization’s values
           36-37   Drill B
           38-40   Questions for HR
           41-42   The talent lifecycle
           43-44   Developing and executing integrated talent
                   management
           45-46   Basics of every talent management process
           47-48   Challenges ahead
           49      Case studies
           50-51   Conclusion and questions
Introduction




     Page 3
Introduction to Toronto Training
              and HR
Toronto Training and HR is a specialist training and
human resources consultancy headed by Timothy Holden
10 years in banking
10 years in training and human resources
Freelance practitioner since 2006
The core services provided by Toronto Training and HR
are:
              Training event design
              Training event delivery
              Reducing costs, saving time plus improving
              employee engagement and morale
              Services for job seekers
                           Page 4
Definitions




    Page 5
Definitions
    Talent
    Talent management
    Integrated talent management




    Page 6
A typical distribution




         Page 7
A typical distribution




         Page 8
The talent matrix




       Page 9
The talent matrix




       Page 6
Strategic perspectives on
   talent management




           Page 11
Strategic perspectives on talent
          management

                          Process




        Change Mgt                       Cultural




                        Talent
                      Management

        HR Planning                     Competitive




                        Developmental




                         Page 12
Key focus areas




      Page 13
Key focus areas
      Defining talent
      Developing talent
      Structures and systems




      Page 14
Principal processes




        Page 15
Principal processes
           Attraction
           Developing
           Motivating
           Performance review
           Retention




           Page 16
Specific recommendations




          Page 17
Specific recommendations 1 of 2
              Align talent management
               strategy to specific business
               requirements
              What perspective is most
               relevant?
              Use operational dimensions to
               shape
              Develop a talent culture
              Talent management can
               complement diversity initiatives
               by ensuring equality of
               opportunity and transparency
               of selection criteria
Specific recommendations 2 of 2
              Consider the culture of your
               organization and attitude to
               risk
              Offer differentiated and
               tailored development routes-
               helps engagement
              Consider how you are going to
               measure ROI?
              Central ownership is important-
               align with strategic objectives
              Integrate with HRM processes

              Page 19
Non-financial reward




        Page 20
Non-financial reward
        Flexible working
        Recognition
        Taking a break




        Page 21
Drill A




  Page 22
Drill A




    Page 23
What does the ideal
 system contain?




        Page 24
What does the ideal system
        contain?
           Clarity in employee roles
           Continual assessment of
            capability and potential
           A structure whereby an
            employee could be transferred
            laterally to positions in which
            he or she could be better
            suited
           Viable plans for succession




           Page 25
Balanced model of human
       capability




          Page 26
Balanced model of human
       capability
             Skills and knowledge
             Attitude and motivation
             Temperament
             Cognitive capacity




             Page 27
Considerations for talent
     management




           Page 28
Considerations for talent
     management
              Drivers
              Opportunities
              Constraints
              Enablers
              Actions




              Page 29
Examining the
organizational culture




         Page 30
Examining the organizational
       culture 1 of 3
           How often and from whom does
            the President or CEO receive
            open, honest and direct feedback?
           Are people encouraged to be
            really honest when giving
            feedback around here?
           What happens to people who give
            constructive feedback to their
            manager?
           Does the performance review
            process encourage a two-way
            feedback?
              Page 31
Examining the organizational
       culture 2 of 3
           Where do the senior management
            team get information regarding
            their effectiveness?
           Is peer to peer feedback
            encouraged? Does it happen?
           How much informal feedback do
            people get from each other?
           Do we regularly collect both
            qualitative and quantitative
            feedback from our customers,
            clients or people who use our
            products or services?
             Page 32
Examining the organizational
       culture 3 of 3
           What do we do with such
            feedback when we get it?
           What training and support do our
            managers receive when they
            become managers (especially
            giving feedback)?
           Does our culture support ‘upward
            challenge’?
           What forums exist for people to
            share their thoughts and views on
            how the senior team and/or
            organization are performing?
              Page 33
Establishing the
organization’s values




         Page 34
Establishing the organization’s
            values
              Review or refresh of the
               current vision, mission
               statement and strategy
              Conduct workshops, focus
               groups, interviews and surveys
               to gather views and data from
               employees
              Questions to ask




              Page 35
Drill B




  Page 36
Drill B




    Page 37
Questions for HR




      Page 38
Questions for HR 1 of 2
          How do we re-engage our
           employees?
          What talent do we need as the
           organization improves? How is
           that different from now?
          What are the current and
           future talent gaps?
          Which positions should we
           grow from within?



          Page 39
Questions for HR 2 of 2
          Is our talent properly deployed
           now?
          How do we keep the best and
           the brightest growing with us?
          Are we prepared for planned
           and unplanned leadership
           needs and changes?




          Page 40
The talent lifecycle




        Page 41
The talent lifecycle




        Page 42
Developing and executing
    integrated talent
      management




          Page 43
Developing and executing
integrated talent management
               Philosophy
               Strategy
               Measurement
               Process
               Technology
               Implementation
               Sustainability




               Page 44
Basics of every talent
management process




         Page 45
Basics of every talent management
              process
               Ability to explain to a person
                what he or she needs to do
               Ability to make him or her
                collaborate
               Ability to show a clear career
                path
               Ability to encourage them to
                engage better




               Page 46
Challenges ahead




      Page 47
Challenges ahead
       During a downturn
       During an upturn




       Page 48
Case studies




    Page 49
Conclusion and questions




          Page 50
Conclusion and questions
Summary
Videos
Questions




                Page 51

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Talent management January 2013

  • 1. Managing talent effectively in 2013 by Toronto Training and HR January 2013
  • 2. 3-4 Introduction to Toronto Training and HR 5-6 Definitions Contents 7-8 9-10 A typical distribution The talent matrix 11-12 Strategic perspectives on talent management 13-14 Key focus areas 15-16 Principal processes 17-19 Specific recommendations 20-21 Non-financial reward 22-23 Drill A 24-25 What does the ideal system contain? 26-27 Balanced model of human capability 28-29 Considerations of talent management 30-33 Examining the organizational culture 34-35 Establishing the organization’s values 36-37 Drill B 38-40 Questions for HR 41-42 The talent lifecycle 43-44 Developing and executing integrated talent management 45-46 Basics of every talent management process 47-48 Challenges ahead 49 Case studies 50-51 Conclusion and questions
  • 3. Introduction Page 3
  • 4. Introduction to Toronto Training and HR Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden 10 years in banking 10 years in training and human resources Freelance practitioner since 2006 The core services provided by Toronto Training and HR are: Training event design Training event delivery Reducing costs, saving time plus improving employee engagement and morale Services for job seekers Page 4
  • 5. Definitions Page 5
  • 6. Definitions  Talent  Talent management  Integrated talent management Page 6
  • 11. Strategic perspectives on talent management Page 11
  • 12. Strategic perspectives on talent management Process Change Mgt Cultural Talent Management HR Planning Competitive Developmental Page 12
  • 13. Key focus areas Page 13
  • 14. Key focus areas  Defining talent  Developing talent  Structures and systems Page 14
  • 16. Principal processes  Attraction  Developing  Motivating  Performance review  Retention Page 16
  • 18. Specific recommendations 1 of 2  Align talent management strategy to specific business requirements  What perspective is most relevant?  Use operational dimensions to shape  Develop a talent culture  Talent management can complement diversity initiatives by ensuring equality of opportunity and transparency of selection criteria
  • 19. Specific recommendations 2 of 2  Consider the culture of your organization and attitude to risk  Offer differentiated and tailored development routes- helps engagement  Consider how you are going to measure ROI?  Central ownership is important- align with strategic objectives  Integrate with HRM processes Page 19
  • 21. Non-financial reward  Flexible working  Recognition  Taking a break Page 21
  • 22. Drill A Page 22
  • 23. Drill A Page 23
  • 24. What does the ideal system contain? Page 24
  • 25. What does the ideal system contain?  Clarity in employee roles  Continual assessment of capability and potential  A structure whereby an employee could be transferred laterally to positions in which he or she could be better suited  Viable plans for succession Page 25
  • 26. Balanced model of human capability Page 26
  • 27. Balanced model of human capability  Skills and knowledge  Attitude and motivation  Temperament  Cognitive capacity Page 27
  • 28. Considerations for talent management Page 28
  • 29. Considerations for talent management  Drivers  Opportunities  Constraints  Enablers  Actions Page 29
  • 31. Examining the organizational culture 1 of 3  How often and from whom does the President or CEO receive open, honest and direct feedback?  Are people encouraged to be really honest when giving feedback around here?  What happens to people who give constructive feedback to their manager?  Does the performance review process encourage a two-way feedback? Page 31
  • 32. Examining the organizational culture 2 of 3  Where do the senior management team get information regarding their effectiveness?  Is peer to peer feedback encouraged? Does it happen?  How much informal feedback do people get from each other?  Do we regularly collect both qualitative and quantitative feedback from our customers, clients or people who use our products or services? Page 32
  • 33. Examining the organizational culture 3 of 3  What do we do with such feedback when we get it?  What training and support do our managers receive when they become managers (especially giving feedback)?  Does our culture support ‘upward challenge’?  What forums exist for people to share their thoughts and views on how the senior team and/or organization are performing? Page 33
  • 35. Establishing the organization’s values  Review or refresh of the current vision, mission statement and strategy  Conduct workshops, focus groups, interviews and surveys to gather views and data from employees  Questions to ask Page 35
  • 36. Drill B Page 36
  • 37. Drill B Page 37
  • 38. Questions for HR Page 38
  • 39. Questions for HR 1 of 2  How do we re-engage our employees?  What talent do we need as the organization improves? How is that different from now?  What are the current and future talent gaps?  Which positions should we grow from within? Page 39
  • 40. Questions for HR 2 of 2  Is our talent properly deployed now?  How do we keep the best and the brightest growing with us?  Are we prepared for planned and unplanned leadership needs and changes? Page 40
  • 43. Developing and executing integrated talent management Page 43
  • 44. Developing and executing integrated talent management  Philosophy  Strategy  Measurement  Process  Technology  Implementation  Sustainability Page 44
  • 45. Basics of every talent management process Page 45
  • 46. Basics of every talent management process  Ability to explain to a person what he or she needs to do  Ability to make him or her collaborate  Ability to show a clear career path  Ability to encourage them to engage better Page 46
  • 47. Challenges ahead Page 47
  • 48. Challenges ahead  During a downturn  During an upturn Page 48
  • 49. Case studies Page 49