A Talent Management Strategy that Matches Organisational ...
Transcript of A Talent Management Strategy that Matches Organisational ...
A Talent Management Strategy that Matches Organisational Values
A bit about Yum!
• World’s largest restaurant Company
• KFC, Pizza Hut, Taco Bell
• 40,000 restaurants
• 110 countries
• 1.5 million Team Members
• Fortune 250
• Opened nearly 2000 restaurants in 2012
A bit about KFC UK&I
• 850 restaurants
• 22,000 Team Members
• 27 consecuHve quarters of Same Store Sales Growth
• Great Places to Work for last 5 years
• #1 in Britain’s Top Employer – 3 years
• Source of global talent and innovaHon for Yum
Since January 2011 KFC UK has ‘exported’ 28 people into leadership posiEons in other Yum markets all around the world
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
Yum’s values underpin it’s business strategy
Developing Talent is one of our Strategic Goals
7
We did a lot of work to codify our culture and values into a disEncEve EVP for KFC that is aspiraEonal yet authenEc
• 66 focus groups and 23 interviews from 7 Business Units
• Partnered with Marketing and an agency to develop draft framework
• Reviewed and refined by markets around the world
The Essence: ‘fun and friendly’
It’s a clear and simple proposiEon
Grow Pride Connect
We agreed specific ‘massive acEons’ under each pillar
Graduate Careers
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
We idenEfy Key Development Roles, ring-‐fenced for High PotenEal Talent, and we really mean it!
• 90 roles (out of Head Office of 230) identified as Key Development Roles
• ONLY HiPos in Key Development Roles
• Proactively move non-HiPos out of Key Development Roles
• 50% of population should be HiPos
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
We live 24 months in the future and never stop hiring
• Quarterly Talent Plan Reviews with Leadership Team
– Who’s moving – Who’s their backfill? – Who’s their backfill’s backfill? – Where do we need to hire
• Bi-annual global review with Chairman
• We hire well in advance
• If we spot major talent, we hire them. Then worry about where to put them
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
Look local to find global -‐ London is a great source of internaEonal talent
In last 12 months we’ve hired London-‐based HiPo talent from :
• Mexico • Spain • Russia • S. Africa • Canada • America • Poland • Australia
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
The Long Term Development Plan – Page 1: The Big Picture Name/Level: Bob Smith, Level 9 Long-Term Career Target: HR Director Supervisor: Karen Griffith Date: August 2012
Key Gaps to Success Profile: Deep HR technical knowledge, broad leadership experience, franchise exposure, Yum/Industry knowledge, Leadership Team experience
Years 1-2 Years 3-4 Years 5+
Position & Potential Moves
§ KFC UKI Resourcing Manager § Senior Generalist role in US § Business Unit HR Director
Focus
• Resourcing and Employment Marketing skills People Leadership
• Yum Talent Management processes • Franchise exposure
• Building functional technical skills • Higher-level Strategic Planning and leadership • High-level coaching and influencing
• Setting functional strategy • Leadership Team experience • Coaching of Business Unit Leadership Team
Development Plans
• Onboarding plan incl. US visit • Recruitment Excellence Workshop • Yum project participation
§ New mentor focussed on cultural/ technical broadening and strategic planning
§ Emerging HR Leader Program
§ Big Leap Forward § Yum CHRO Program
Success Criteria
• Successful achievement of performance targets, particularly Bench and LTS metrics
• Employment Branding external recognition • Capability of team
• Successful achievement of performance targets
• Ability to get big things done in new culture and environment
• Strength of relationships with key stakeholders
• Business Unit culture results • Ability to recruit and develop big talent • Demonstrate ability to set strategic agenda
across business unit
Mentor John Wilson Yum HR Functional Head General Manager
The Long-‐Term Development Plan – Page 2: The immediate focus
Name/Level/ Role: Bob Smith, KFC UK Resourcing Manager
Coach: Karen Griffith
Long Term Career Target: HR Director Date: Aug 2012
Specific Critical Experience needed in this role: Name People Leadership and People Growing, setting a strategy, lapping results
What do you need to learn?
§ Develop your team via strong coaching § Develop Resourcing and Branding strategy § Establish self as broad, impactful leader within
wider HR team § Drive year on year improvement of results
through continual focus and follow through
What do you need to
demonstrate?
§ Claire Russel and Amy Stratton developed for more senior roles
§ Developed good knowledge of all elements of recruitment including Direct Sourcing and Employment Marketing
§ Step-changed Ready Now bench in both Support Centre and Area Coach population
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
TPWY
Restaurant Training
HWWT2
FuncHonal Curriculums Professional QualificaHons
People Grower
How We Lead
Leadership Accel
Leadership Impact
Programs
We accelerate talent development via Leadership Development ‘university’ – with global programs
Personal EffecEveness & Life skills
ABR
Strength Finder
Career Management
Value Destroyers
Influence & Impact
PresentaHon Skills
Time Management
Impaccul CommunicaHon
Brand You
Strategy, Structure, Culture
Coaching for Performance
ForecasHng & Deployment
Competencies Drive-‐Thru Systems Commerciality
Emerging Talent
New Coach Program
‘A signature in-house university that will help us build talent and
engagement one-system’
Area Audience
Broader Coaches
Coaches
Franchisees
All
All
All
Big Leap Forward
Yum Business Strategy
General Manager Development Program
We reinforce our cultural framework through every core process
• ‘How We Win Together Principles’ integrated throughout core processes
– Selection – Training – Leadership Development – Promotion – Succession Planning – Performance Management – Appraisal
• And it has teeth – You have to ‘walk the talk’
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
Bench and Talent Pipeline
Measure
Above-Store: Level 12+ with Ready Now bench
Level 10/11 with Ready Now bench
Level 10+ HiPos Level 8/9 HiPos
KDRs with HiPo incumbent Exports this year
GPTW Score
Obsessive focus and follow-‐up
• KPIs owned by Managing Director and entire Leadership Team
• HR review every month
• Leadership Team review every quarter
• GPTW Action plan in place
Always, always
hire
24 month- out Talent Planning
Obsessive focus
on KPIs
Consistent approach
to Leadership Development
Segment your
organization
Ensure it’s core to business strategy
Long-Term Development
Plans
Seek out mobile talent
with international backgrounds
We followed some basic steps to drive talent development
Codify into
an EVP
And it’s helped make us Yum’s biggest developer of talent