Developing Talent Successfully

Presented by: Nettie Nitzberg

In an increasingly competitive marketplace and environment of continual skill shortages,

companies will continue to face the huge challenges in the global economy.

Companies must respond to these challenges with innovative recruitment,

retention, onboarding and talent development programs.

- Ernst & Young: Managing Today’s Global Workforce

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Where we have been…

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Company leaders on

Culture Norms That

Drive Execution

Looked at your culture and identified:•Cultures you admire•Culture shifts you have observed•Strengths to leverage for the future

Clyde Fessler, Harley Davidson

Tracy SkousenChange the Culture Change the Game

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In today's economy organizations must work aggressively to stay competitive.

One of the most important assets an organization can develop is its people.

Effective management and employee development is critical to success.

-Human Capital Institute Research Study

Developing Talent Successfully

Our focus today:• Create awareness of talent development today• Define talent development• Identify your responsibilities and role in talent

development• Look at what you are currently doing• Identify you should:

Start doing Stop doing Continue to do

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Show Me The Numbers

Purpose: Reinforce the global challenges and metrics associated talent management and talent development.

Directions:

1.Refer to your workbook

2.Individually identify which metrics you believe belong with which statistics/information.

3.Circle the correct answers.

4.Regroup and review the answers.

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ARE YOU

SMARTER

THAN…

Show Me The Numbers: Answers

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Q # Answer #1 Answer #2 Answer #3

1 65% 72% 89%

2 3.0 months 4.7 months 6.2 months

3 22 million 35 million 51 million

4 45% 58% 70%

5 50% 75% 90%

6 27% 31% 38%

7A 19% 29% 39%

7B 22% 38% 42%

estimates that U.S. organizations spent

$125.88 billion on employee learning and development in 2009.

Nearly two-thirds of the total ($78.61 billion) was spent on the internal learning function,

and the remainder ($47.27 billion) was allocated to external services.

- ASTD State of the Industry 2010 Report

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$1million is spent on YOUR development

What is your commitment to development of your talent?

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announced at the recent World Economic Forum Annual meeting

that employers will be awakened to the reality that

humans are the future drivers of economic growth,

as access to

talent replaces access to capital as the key economic differentiator.

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Culture Definition

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Organizational culture

is the way people think

and act.

“Managing the culture so that leaders, managers, team members and employees think and act in the manner

necessary to achieve their desired results has never matter more.”

Activity | Part 1:Culture of Talent Development - Definition

How would you define a ‘Culture of Talent Development’?

Directions:1.In table groups take 5 – 10 minutes and as a team define what is means to have a ‘Culture of Talent Development.’

What are the components or descriptors that you would use to define this culture?

2.Flip chart your answer.

3.Present and explain your definition.

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Jim Collins “Good to GREAT”

“Leaders of companies that go from good to great start

not with ‘where’ but with ‘who.’ They start by getting

the right people on the bus, the wrong people off the

bus, and the right people in the right seats.”

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Activity | Part 2Developing a Talent Culture - Responsibility

What is your responsibility in creating a culture of talent development?

Directions:

1.At your team tables identify 3 – 5 things that you are responsible for in creating this culture.

2.Discuss and flip chart your answers.

3.Present your answers.

4.As a group compare and contrast the answers.

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Bersin & Associates: HR Organizations Lack Critical Skills for Success in 2011, new research shows

The Daily Recruiter recent post: “A structured talent management process wіll close thе gap between thе human capital аn organization currently hаѕ аnd thе leadership talent іt wіll eventually need tο respond tο tomorrow’s business challenges.”

Jack Welch’s Winning, “talent management deserves at least as much focus as financial capital management and not just when an organization is trying to acquire talent or implement change”

Activity | Part 3 When does Talent Development begin?

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TIME VOTES

Sourcing  

Selection  

Onboarding  

Day 1  

Week 1  

Month 1  

Month 3 – 6 – 9  

First year  

Second Year  

Other  

Activity | Part 4Developing a Talent Culture - Role

What is your role in talent development? Directions:

1.Identify the % of time you spend developing:

_ % Advisors

_ % Infrastructure employees (Trng, Recruiting, Mktg, etc.)

_ % Support employees

2.What does this tell you?

3.What type of development are you responsible for providing / managing?

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Activity | Part 4Developing a Talent Culture - Role

What is your role in talent development? Directions, cont’d:

4.What are you currently doing?

• What is working?

• What is not working?

• What else should you be doing?

5.What else should you consider given your current workforce?

• Look at your workforce and the various ages – What challenges do you expect or have you had to deal with regarding their specific needs, wants and desires?

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Developing Talent Successfully

Our focus today (recap):• Create awareness of talent development today

• Define talent development

• Identify your responsibilities and role in talent development

• Look at what you are currently doing

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STOP - START - CONTINUE

Directions:

Step 1: Handout an index card to each participant

Step 2: On your index card please answer these three questions based on what you’ve learned and experienced today. Identify ONE THING that you:

• Will STOP doing?

• Will START doing?

• Will CONTINUE doing?

Step 3: Share answers/reflections.

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Developing Talent Successfully

Presented by: Nettie Nitzberg

Thank You!