Prezent Are
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Transcript of Prezent Are
The benefits of an integrated talent management strategy and how can
technology help deliver this strategy
What are YOUR Biggest CHALLENGES related to TALENT MANAGEMENT?
Performance
Recruiting
CompensationSystems / Automation
No Planning
Business Challenges
HR organizations today are challenged with optimizing HR efficiency and effectiveness through the use of HR Technology while simultaneously reducing operating costs.
Global companies today want to consolidate their numerous HR applications into a single integrated global HR and Talent Management platform.
Executives recognize that having the right talent can make the difference in achieving high performance or falling behind.
4
Consequences of not filling the skill gaps
Talent Planning
Recruiting
PerformanceManagemen
t
Learning & Development
Career Planning
Compensation Management
SuccessionPlanning
Measure
and Report
PlanEvaluateDevelopAdvanceLeadAnalyzeTalent
Profiles and
Objectives
Elements of Talent Management
Talent Management - Integration Management
What is a Talent Management Strategy?
Talent Management Strategy is found in the white space between HR processes and formed out of business strategy. The objective is to move beyond optimizing talent to transforming talent into a strategic advantage.
Optimization versus Transformation
• OptimizationThe design and operation of a system or process to make it as good as possible in some defined sense
• TransformationA marked change in appearance or action with an emphasis on drastic improvement and outcomes
Will bring you…
From
• Modules• Process support • Optimization • Developed to serve
HR
To
• Unified & fluid • Business decision support• Transformation • Developed to serve the
business and employees
Executing Talent Management Strategies through Technology
“HR has the opportunity to shepherd new technologies into the enterprise to truly optimize engagement and meet the needs of a changing workforce “
Jason Averbook
The importance of technology:
• Talent management without definition and measurement is blindness.
• Measurement without technology is administration.
• Administration without value is pointless.
Key Market Trends:New technologies have introduced the possibility of achieving the next level of operational effectiveness, resulting in global HR Transformation with a higher degree of IT enablement than ever:
• Growing serious consideration of Software as a Service - Accelerated implementation, lower Total cost of ownership
• Reliable (global) harmonized HR systems – clients consolidating their HR IT landscape to achieve a solid foundation for HR Analytics and Talent management and further cost reduction
• Add value through strategic applications -continued demand for talent management support, workforce analytics and workforce planning
• Harvest benefits from technology - clients continuing to pursue improvements in the user interface, growing interest in Talent Visualization
Benefits
• Lower risk and accelerated HR IT solution definition through latest methodology, assets and in-depth experience with all leading HR IT solutions
• Business case and roadmap deliver:• reduced HR operating expenses • improved analytics for business decisions, • reduced total cost of ownership and improved return on
investment,• improved flexibility to address business changes (e.g.,
growth, acquisitions, insourcing of HR services, etc.)
And most importantly…
it allows organizations to unify their recruitment and their performance management on an organization wide basis.
Now ask yourself...
What suffers more breakdowns: your products, your processes, or your people?
How could we fix this?