Make Recruiting Relevant When Only Talent Matters
Transcript of Make Recruiting Relevant When Only Talent Matters
Make Recruiting RelevantWhen Only Talent Matters
Dan Kaplan, PartnerSeptember 8th, 2011
Agenda
HR is finally changing; it’s real Only talent matters Great forces driving change New rules Multi-level succession planning Top 3% The rise of the new Talent Leader Q&A
The End of HR as We Know It
The future for HR is talent: -recruitment -development -retention
Not compensation, benefits and administration
Talent Management Will DriveCompany Success
Great Forces Driving Change
2008 2020New
Technologies
Board
Demand:StrategicPartner
Revampingthe
Workforce
Cliché: HR is reinventing itselfReality: The Board is demanding HR reinventitself
The Technology Imprint
Self-serviceIntranet
OutsourcingShared servicesPost and Pray
replaced by savvyuse of social mediaand outboundsourcing
New Rules
Wall Street Transparency and AccountabilityAct of 2010
Dodd-Frank Wall Street Reform ConsumerProtection Act
Plus other bills and SEC rules A threat or benefit to recruiting?
Multi-level Succession Planning
Not just the CEO 50% of boards do not
have CEO successionplans
Focus on the CXO levelPLUS the next 3%
Real-time battle testing
Top 3%: Critical Asset Strategy
Top 3% of employeesunder the CXO level arecritical assets
Top 3% needs constanteducation, evaluation,motivation and rewards
Remaining 97% alsoneed nurturing, new skillsand rewards
Rise of the New Talent Leader
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Introducing the New TalentLeader
Extremely high intellectBusiness strategistPeer/Partner to Board, CEO and CXO
teamChief Talent Officer likely to become
CHROSome on track to become CEO
Expectations Redefined
“When you’re in ameeting with the CEO,CFO and CHRO – youshouldn’t be able to tellthe difference.”
Change is Inevitable
- Recruiting positioned to bea strategic catalyst- HR will drive the bus or berun over- Huge opportunity abounds
Questions and Answers
Thank you for your time!
Invite you to download: Strengthening the Board Connection http://www.ctnet.com