21st century talent management e book

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    21stCentury

    Talent Management:Thriving in the New Workforce and New Workplace

    Josh BersinPrincipal, Deloitte Consulting LLP

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    !

    Who We Are- Global provider of leading practices, trends, and benchmarking research in

    talent management, learning, and strategic HR.

    - 60% of the Fortune 100 are Bersin by Deloitte research members, withmore than 19.5 million employees managed by HR teams using BersinResearch.

    !

    Broad Research Practices Human Resources Leadership Development

    Learning & Development Talent Acquisition

    Talent Management

    ! Offerings- WhatWorks Membership: Research, Tools, Education, Benchmarking

    - IMPACT: An industry-leading conference on the Business of Talent

    - Advisory Services & Consulting

    HumanResources

    LeadershipDevelopment

    Learning &Development

    TalentAcquisition

    TalentManagement

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    Agenda

    !

    Todays Talent Challenges

    ! Talent Management: Then and Now

    ! The Big Six Keys to Success

    1.

    Optimized Talent Acquisition2. Performance Management Unleashed

    3. Engagement and Retention Unleashed

    4. Continuous Learning Unleashed

    5. Global Leadership Unleashed

    6. BigData and Analytics Unleashed

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    How can I retain and

    engage my top talent?

    Our company has

    capability gaps in newtechnology areas acrossthe organization.

    We are shifting ourbusiness to a services

    business. How do Itransform the workforce?

    We compete for engineers with

    some of the most successfulsilicon valley companies? How

    can I attract and retain thebrightest in our company?

    How do we create morecollaboration and knowledgesharing across the company?

    Our performanceand comp process

    is obsolete and notengaging people.

    We are still havingtrouble attracting

    millenials and younger

    workers.

    Our mid-level andentry leadership gaps

    are still huge

    How can we globalize

    our employment

    brand and talentprograms??

    We need torestructure HR to

    build common

    systems and reducecosts.

    The skills of our HRbusiness partners and

    specialists needimprovement.

    What HR Leaders Say

    We need better dataand analytics in HR.

    Our training organizationis too expensive and not

    driving enough value.

    How do we morerapidly move talent

    from early leadershipto senior leadership?

    We need to acceleratehiring of senior and

    mid leadership in Asiaand Middle east.

    How do weincrease women

    and diversity in

    leadership?

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    A Nexus of Talent Challenges

    Agile Management& Leadership Models

    A New Generation of HR Practicesand New Type of HR Organization

    New TechnologySocial Tools, Analytics

    Need for Improved HR skills andcapabilities.

    Business

    Speed and ScaleDisruptive

    Competition

    1

    Shift toward

    Emerging

    Markets

    2

    BorderlessWorkplace

    Team Modelof Work

    3

    SpecializationContingent Work

    New Job &

    Career Models

    4

    21stCentury

    Models ofLeadership

    5

    Competitionfor Talent

    Social Sourcing

    & Recruiting

    6

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    Low PreparednessLow Importance

    Low PreparednessHigh Importance

    High Preparedness

    Low Importance

    High Preparedness

    High Importance

    Handling Retirements

    Managing ContingentWorkforce

    Analyzing Job Requirements

    Developing Job Profiles

    Manager Interview Skills

    Employee Referral Programs

    Internal Peer Networking

    External Peer Networking

    PM Process

    Manager Capabilities to DriveEmployee Performance

    UnderstandingGlobal Culture

    Diversity and Inclusion

    Wellness Programs

    Retaining Key Employees

    Meeting MultigenerationalNeeds

    Redefining HR Roles

    Upgrading HR /Talent Systems

    Blending Socialinto HR Programs

    Global HR Service Model

    Localizing HRService Model

    Global Awarenessand Fluency

    Talent MobilityAcross Regions

    Sourcing Talent in EmergingMarkets

    Global Business Acumen

    Top Talent Priorities

    Prepared

    ness

    Low Importance

    Low Preparedness

    High ImportanceHigh Preparedness

    Low Importance

    High Preparedness

    High Importance

    Low Preparedness

    Source: TalentTrends 2012: A Year of Guarded Optimism, Bersin & Associates / Josh Bersin, Kim Lamoureux,Karen OLeonard, July 2012.

    Importance

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    Low PreparednessLow Importance

    Low PreparednessHigh Importance

    High Preparedness

    Low Importance

    High Preparedness

    High Importance

    Identifying Talent Gaps

    Filling Talent Gaps

    Forecasting FutureTalent Needs

    Culture ofInternal Mobility

    Handling Retirements

    Managing Contingent Workforce

    Analyzing Job Requirements

    Developing Job Profiles

    Manager Interview Skills

    Employee Referral Programs

    Internal Peer Networking

    External PeerNetworking

    LeadershipBench Strength

    PM Process

    Manager Capabilities to DriveEmployee Performance

    Manager Capabilities toDevelop EmployeesBuilding a High Impact

    Learning Organization

    DeepSpecialization

    Promoting CareerDevelopment

    UnderstandingGlobal Culture

    Diversity &Inclusion

    Wellness Programs

    RetainingKey Employees

    MeetingMultigenerational

    Needs

    WorkforcePlanning

    Redefining HR Roles

    Leveraging HR Metrics

    Blending Socialinto HR Programs

    Global HR Service Model

    Localizing HR

    Service Model

    Global Awarenessand Fluency

    Talent MobilityAcross Regions

    Sourcing Talent in EmergingMarkets

    GlobalBusiness Acumen

    Top Talent Priorities

    Preparedness

    Low Importance

    Low Preparedness

    High Importance

    High Preparedness

    Low Importance

    High Preparedness

    High Importance

    Low Preparedness

    2 13 Critical

    Focus Areas

    ImportanceSource: TalentTrends 2012: A Year of Guarded Optimism, Bersin & Associates / Josh Bersin, Kim Lamoureux,Karen OLeonard, July 2012.

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    Talent is a CEO Level Issue

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    Consistent Talent Issues Globally

    Americas

    Skills Gaps 87% Leadership Pipeline 86%

    Transforming HR 84% Organization Acceleration 88% Branding talent 83%

    EMEA

    Skills Gaps 85% Transforming HR 85% Organization Acceleration 83% Leadership Pipeline 80% Branding talent 81%

    Asia Pacific

    Organization Acceleration 90% Leadership Pipeline 86%

    Skills Gaps 86% Transforming HR 88%Aging Workforce 78%

    Deloitte Human Capital Trends 2013,n=1300

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    Increasing Work Specialization

    ! Expertisedrives competitive

    advantage

    ! Specializationimprovesquality and reduces cost

    ! Deep skills developed

    through deliberate practice

    and reinforcement

    ! Deep skills come from arangeof developmental experiences

    ! Intelligentleadership paths,career paths, training, work

    assignments, understandinghigh-performing competenciesare all drivers of success.

    Back Office, Operational, Contingent Employees

    Functional Specialists / Front-Line Employees

    TopManagement

    SeniorManagement

    Middle

    Management

    Senior SpecialistsFirst Line

    Management

    TheExperts

    July-August 2011

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    China 2% to 18%

    EU 31% to 17%

    US 25 to 18%

    India 3% to 6%

    Shift in Global Economic Activity to India, China from US and EU

    Deloitte Human CapitalTrends 2013

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    Ford Figo StoryDesigned inIndia for the

    Indian Market

    Manufacturedin Chennai by

    Indian Staff

    Size, Shape,

    and featuresdesigned for

    lifestyle and

    roads in India

    Colors, face,

    and stylingdesigned for

    Indian tastes

    Ford Figo Fastest Selling Car in India

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    Integrated TalentManagementWhere are we?

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    Integrated Talent Management

    Learning&Develop

    ment

    Sourcing&Recruiting

    Pe

    rformanceManag

    ement

    LeadershipDevelop

    ment

    SuccessionPlann

    ing

    WorkforcePlanning

    C

    ompensation-Benefits

    Traditional Silos of HR!

    Slow Response to Changing Business Needs- Inability to identify current and future talent gaps- Hiring strategy and development planning not in sync- No clear picture of future talent profile- Leadership pipelines in jeopardy

    !

    Disconnected Decision Making- Data and processes not integrated- Talent not shared across business units- Learning plans not linked to assessments and skills

    gaps in current talent pool

    - Lack of visibility into talent gaps

    !

    Not responsive to Employee Demands- Employees want career development- Defined career paths and competencies not clear and

    consistent- Talent mobility difficult during change- Managers still the weakest link in organizational

    performance

    !

    Administratively Intensive- Data entry is repetitive- High volume of manual work to complete HR review

    processes- Difficult to obtain executive-level talent information- Hard to plan for the future

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    The Big Shift

    2005-2012

    Automate &

    Integrate

    2013+

    ..Optimize(Globally)

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    The NewHigh-Impact Talent Management Framework

    Analytics,Measu

    rement,&Score

    cards

    Organization&

    Governance

    Talent Planning Process &Solution Design

    Talent SystemsStrategy

    MeasurementStrategy

    Talent Strategy & Business AlignmentEngagement

    StrategyIntegrationStrategy

    Change ManagementStrategy

    Enterprise Skill Gap AssessmentCritical Talent Assessment

    Diversity PlanningTalent Forecasting

    Scenario PlanningWorkforce Planning Talent SegmentationCritical Role Identification

    Capability & Competency Management Job Profiles Experiences SkillsCompetencies Behaviors

    Talent

    Acquisition

    SourcingCandidate Pools

    AssessmentEmployer Brand

    RecruitingSelection

    OnboardingTalent Mobility

    Total

    Rewards

    Rewards & RecognitionPay for Performance

    Benefits for TalentDevelopment

    Experiences

    Leadership

    Development

    Executive EducationLeadership Curriculum

    Assessment & Evaluation

    Action LearningJob Rotation

    Coaching & Mentoring

    Talent ProfilesAssessment & Calibration

    HIPO Identification

    SuccessionManagement

    Talent ReviewsTalent Pool Management

    Talent Mobility

    CareerManagement

    Skill Assessment & TransferabilityCareer Planning & Development

    Professional & Management Tracks

    Employee BrandCoaching/Mentoring

    Talent Mobility

    PerformanceManagement

    Goal AlignmentSkill Gap Analysis

    Coaching & Development

    Bench Strength AssessmentPerformance Evaluation & Calibration

    Performance-Based Pay

    Learning & Capability DevelopmentLearning Content

    Learning ArchitectureKnowledge Management

    Measurement & Evaluation

    Learning StrategyAudience Analysis

    Learning ProgramsFormal & Informal Approaches Deep Specialization Learning Agility

    Talent InfrastructureProcess Design

    & MappingTalent

    Systems

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    The Evolved HR OrganizationWhere HR Transformation is Taking Us

    Administration

    PayrollRegulationBack Office Function

    PersonnelDepartment

    Control

    StrategicHRRecruiting, L&D, Org DesignTotal RewardsService Center, COEHR Business Partner

    Serve StaffAutomate

    Integrated TalentManagementManagement, Succession,Leadership, Coaching,Integrated ProcessesTalent Management

    Enable Decisionsand Management

    Business-Integrated HR

    Differentiate & Segment TalentGlobally Optimize Talent PracticesPredict and Analyze DataIntegrated with the Business

    Drive the BusinessPlan for the Future

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    Talent Acquisition:

    UnleashedThe Most Important part of Talent Management

    1

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    The War for The Best People

    Source Glogster

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    Corporate Recruiting Today

    Searchaggregators, 8%

    Job boards, 18%

    Other, 2%

    Print, newspaper,billboards, 3%

    Universityrecruiting, 7%

    Agencies, 3rdparty recruiters,

    9%Professional

    networking sites,9%

    Company website,14%

    Internalcandidates, 18%

    Employeereferrals, 14%

    $3300 per hireUp 6% in 2012

    Where Candidates Come From

    Time to Hire55 Days

    Bersin High-Impact Talent Acquisition, 2013

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    Recru

    iting

    Organization&Governance

    Structure

    |

    ServiceDeliveryModels|

    Roles&Competencie

    s|

    SteeringCommittees

    |

    ChangeM

    anagement|

    Comm

    unications

    |

    RecruiterTraining

    |

    Ma

    nagerTraining

    |

    Implementation

    Employment BrandingEmployer Brand |Company Image |Company Culture |Company Values |Products and Services

    Employee Value Proposition |Employment Differentiators |Recruiter Branding |Marketing |Global Media Strategy

    Candidate AudiencesEmployees |Active Candidates |Passive Candidates |College |Contingent |Alumni

    Positions & ProfilesWorkforce Segments - Hourly |Skilled Salaried |Professionals |Frontline |Midlevel |Executive |Full-Time |Part-Time |Contingent |Interns

    Job Analysis - Job Descriptions |Job Profiles |Competency Models |Transferrable Skills |Job Grades & Salary |Critical Roles

    CandidateRelationshipM

    anagement

    Candidate

    Experience

    |

    CandidateCommunities

    |

    Farming

    |

    Cultivating

    Tools & Technology

    SourcingJob Boards / Job Board Aggregators / JobBoard Search Engines / SEO

    Social Media & Networks / Career Portal &

    Website / Virtual Recruiting

    SelectingInteractive Voice Response / eVerify /

    Interview Guides / Video Tools / Assessments /Simulation / Gamification

    Hiring & OnboardingOnboarding SystemForms Management

    Task Management Onboarding

    Portal

    Market / Competitive IntelligenceName Generation

    Channel Management

    Types of SourcesSocial & Professional Networking

    Employee Referral Programs InternalMobility / Succession Plans

    Employee Job Postings /Alumni Programs / Client Referrals Career

    Portals / Job Board PostingsPrint & Billboard Advertising

    Campus Recruiting / Internships

    Job Fairs / Industry EventsThird-Party Recruiting

    Job OffersCandidate Negotiations

    Total Compensation

    Executive PackagesWork Contracts

    Employment EligibilityWork Authorization

    Onboarding

    OutsourcingRecruitment Process Outsourcing (RPO) |Contingency Search Firms |Retained Search Firms |Executive Search Firms |

    Staffing Firms |Assessment Providers |Managed Service Providers |Background Checking |Online Reference Call Checks |Competitive Intelligence |Employer Branding & Media Services |Vendor Management Services |Service Level Agreements (SLA)

    Background CheckingEducation / Criminal / Credit / Controlled

    Substances / Work References

    Compliance

    Ind

    ustryRegulations|National&InternationalLaws|Global/LocalLega

    lRequirements

    Metrics&Analytics

    QualityofHire

    |Benchmarking|

    |KeyMetrics|Surveys|Dashboards|Scorecards

    Recruiting Culture Instill Recruiting PhilosophiesDemonstrate Executive EngagementCreate Brand Ambassadors

    Endorse Employees as Talent ScoutsFoster Recruiters / HR-Hiring Managers / Legal RelationshipsDrive Accountability

    Talent Acquisition Planning & StrategyBusiness Alignment |Workforce Planning |Labor Market |HR & Talent Management Integration |Talent Reviews |Global Considerations |Diversity |Budget

    Orientation / ProvisioningSocialization / Assimilation

    Training / Post-Hire Assessment

    Assessment / TestingSkills / Personality / Job Fit /

    Culture Fit / I/O Psychologists

    InterviewingInterview Strategy

    Behavioral-Based / Skills-Based

    Initial ScreeningApplication Review / Screening Calls /

    Employment Fit

    Evaluating & SelectingGrading / Rating / Weighting

    Talent Acquisition Systems - ATS |VMS |Candidate Relationship Management | Data Providers

    Sourcing HiringSelecting

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    What Makes a Great Employer?

    Universum Global EmploymentBrand Research, n=2300

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    Finding Candidates Creatively

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    GILD

    Entelo

    Using Next Generation Tools

    Remarkable

    Talent

    Remarkable

    Hire

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    Leveraging BigData

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    Key Practices that Drive Value

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    Performance Management

    UnleashedRe-Engineering the Performance Process

    2

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    Value of Performance ManagementCompanies are Questioning the Traditional Model

    2010 2011 2012 201320092008

    Economic RecoveryLayoffs, RestructuringPerformance to Survive

    Borderless WorkplaceChange in Demographics

    New Labor Market

    Changing the

    PerformanceManagement

    Process

    Value of

    Performance

    Management

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    Two Philosophies

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    Performance Management Today

    Was IsAnnual appraisal and rating Continuous feedback and

    coaching

    Annual goals and objectives Quarterly or regular goal setting

    Annual talent reviews by broadteam

    Continuous talent reviews bypeers and manager

    Development as an afterthought Development as core

    Recognition by manager Recognition by peers

    Up or Out Up, Across, Down, and more

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    Decentral-ized orflatreportingstructure

    (29%)

    LeanOperations(22%)

    What Drives Performance & Agility?

    Rapiddecision-making andexecution(61%)

    A High-PerformanceCulture (44%)

    Accountabilityand credibility

    (34%)

    Ability to accessright informationat right time (34%)

    Flexiblemanagementof teams andpeople(31%)

    Source: Organizational Agility: How business can survive and thrive in turbulent times.Economist Intelligence Unit, 2009, 2011

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    Adobe Company Overview

    !

    Founded: 1982

    ! Employees: 11,400

    !

    Only 54 percent of employees work in North America

    ! 2012 Revenue: $4.4 billion

    ! Headquarters: San Jose, California

    Source: Adobe Systems Incorporated, 2013.

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    Prior to Reeingineering

    Performance Review!

    !Stack ranking is a soul-less and soul crushing exercise.

    Adobe manager

    !I have seen and experienced the reaction to the review process being a

    primary driver in driving good people from the company.

    Adobe manager

    !What is important is the conversation between the employee and the

    manager.

    Adobe manager

    Source: Reengineering for Agility: How Adobe Eliminated Performance Appraisals,Bersin by Deloitte / Stacia Sherman Garr, September 2013

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    Balancing Structure & Flexibility

    Performance Check-in! Clear and up to date expectations

    revisited throughout the year

    !

    Ongoing feedback focused on

    performance

    !

    Timing and methods flexible

    !

    No ranking or forced distributionsto determine rewards

    !

    No written formal review*

    Rewards Check-in

    !

    Annual compensation planning

    !

    Managers are responsible todifferentiate pay based on

    performance and marketconditions

    !

    No fixed guidelines

    Source: Reengineering for Agility: How Adobe Eliminated PerformanceAppraisals, Bersin by Deloitte / Stacia Sherman Garr, September 2013

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    Outcome

    + High Employee Engagement

    + High Business Impact

    Growth & development opportunitiesaligned with business needs & individualaspirations

    Source: Reengineering for Agility: How Adobe Eliminated PerformanceAppraisals, Bersin by Deloitte / Stacia Sherman Garr, September 2013

    Kelly Services

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    Clarifying the Purpose of PM

    Coaching for

    Development

    Talent

    Decisions

    Performance

    Improvement

    Legal

    Documents

    Employee

    MotivationCompensation

    PerformanceFeedback

    PERFORMANCE

    MANAGEMENTCoaching for

    Development

    Talent

    Decisions

    Performance

    Improvement

    Legal

    Documents

    Employee

    MotivationCompensation

    Performance

    Feedback

    PERFORMANCE

    MANAGEMENT

    y

    Source:Getting Awayfrom theScore:

    CreatingBetterOngoingPerformanceFeedback,Bersin &

    Associates,2012..

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    Compensation Adjustment

    Source: Adobe Systems Incorporated, 2013.

    Market Value

    Value for aSpecific Skill Set

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    Millennials Take OverDiversity, Inclusion, Mission, Culture

    Work-Life Balance, and Work Environment.3

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    Are they Different?

    Boomers Millennials

    Adaptive

    Goal-oriented

    Focused on individual choices and

    freedom

    Team builders

    Collaborators

    Community-oriented

    Self-actualizing

    Adaptive

    Goal-oriented

    Focused on individual choices and

    freedom

    Team builders

    Collaborators

    Community-oriented

    Self-actualizing

    Tech Savvy

    Source: Pew ResearchCenter Survey

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    The Environment has ChangedFamily Structure & Role of Women Flattened Organizations

    1970s: GMhas 22 layers

    Today it has 7

    Value from Intangible Assets

    1970s Today

    60% 85%

    Desire for Work-Life Fit

    60% of the skills needed in the next 20years are not even invented yet.

    - World Economic Forum

    92%

    8%

    70%

    30%

    Millennials Boomers

    Want job flexibility

    Work-life not big priority

    Source: The Millennial Survey2014, Deloitte

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    Millennials are Different

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    Transparency: Millennials Expect It

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    Millennials: Recognition, Career

    Growth, Flexible Work EnvironmentMillenials Boomers and

    Others

    Career Growth 4.7 4.2

    Global Opportunities 4.9 4.3

    Focus on short term

    rather than long termopportunities

    2.9 4.3

    Clearly defined jobdescriptions

    2.7 4.4

    Challenging roles 4.5 3.8

    Relationship with

    immediate manager

    3.8 4.4

    Work from home option 4.5 3.7

    Use all vacation time 4.1 3.4

    Rewards and recognition 4.6 4.5

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    The Millennial Puzzle

    Loyalty Achievement

    Approval Trust

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    What to Do

    Dismantle

    the

    Ladder

    Embed

    Purpose

    and

    Meaning

    Provide

    Challenge,

    Recognition,

    & Learning

    Give Voice

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    Engagement and Retention

    UnleashedDiversity, Inclusion, Mission, Culture

    Work-Life Balance, and Work Environment.

    3

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    Colliding Factors in Engagement

    Racial andCulturalDiversity

    VirtualWorkEnvironment

    Youth

    GenderWomen

    Part TimeContingentWork

    Unemployment

    StressWork LifeBalance

    Technology

    A Passionate,

    Highly Engaged

    Workplace?

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    Retention

    Source: Evolv Q3 2013 WORKFORCE PERFORMANCE REPORT, KEY FACTORS IMPACTINGTHE PERFORMANCEAND PROFITABILITYOF TODAYS HOURLY WORKFORCES.

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    Shifting Demographics

    !

    More Women(60% of workforce by 2020)

    ! More Over 55 (25% of workforce by 2020)

    ! More Hispanics, Asian, Blacks

    (Whites projected to drop to 62% by 2020)

    ! Issues Permeate HR

    - Leadership diversity

    - Organizational diversity and inclusion

    - Employment brand- Management development

    Source: US Bureau of Labor Statistics

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    Demand for Workplace Flexibility

    68% of women without children would rather have more freetime than make more money even more than those with

    children (62%).More magazine 2012, Women in Workplace Study,http://www.more.com/flexible-job-survey

    One of every five employees cares for elderly parents, anumber that could increase to almost half of the workforce

    over the next several years.http://whenworkworks.org/research/downloads/FlexAtAGlance.pdf

    40% of professional men work more than 50 hours per week.

    Of these, 80% would like to work fewer hours.Center for American Progress. August, 2012http://www.americanprogress.org/wp-content/uploads/issues/2012/08/pdf/flexibility_factsheet.pdf

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    Young, Diverse Workforce!.

    By 2013, 47% of employees will be those born after 1977.-- US Census Bureau

    In 2012, 32% of employees are planning on leaving

    their employers, vs. 19% two years ago

    Only 55% of employees believe their employer is a sound

    long term place to work vs. 65% over last three years.

    People under the age of 35 are twice as likely to be looking

    for new work as older workers.

    - Mercer October 2011, Towers Watson July 2012

    Has Created Challenges in Engagement

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    What Motivates Us at Work?

    Meaning isthe new

    money.

    Only intrinsicmotivation drivesperformance for

    creative work, nottraditional reward

    systems or money.

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    Conscious Capitalism

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    Rethinking the Engagement PuzzleHow do we create Passion in the workforce?

    Inclusion &DiversityI feel included

    Work-LifeBalanceMy life works.

    RecognitionRewards

    I feel recognized

    CareerOpportunity

    I can progress

    PassionI love my work (company)

    PerformanceI deliver extra effort.

    Missionand PurposeWho we are and why we do what we do

    Our job is to createmeaningful work in a

    meaningful workenvironment.

    & S

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    Inclusion & Diversity as Strategy

    Diversity

    MakesBusiness

    Sense

    Expanding the Employee Deal

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    Expanding the Employee Deal

    Source: www.shopify.ca

    Wh t M tt i H l W k

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    What Matters in Hourly Workers

    !

    Work at Home! Comfort with Technology

    ! Relationships (particularly with manager)

    Source: Evolv Q3 2013 WORKFORCE PERFORMANCE REPORT, KEY FACTORS IMPACTINGTHE PERFORMANCEAND PROFITABILITYOF TODAYS HOURLY WORKFORCES.

    I t f R iti

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    Importance of RecognitionMaslows Hierarchy of Leads

    Esteem(importance, recognition,

    respect)

    Love/Belonging(social, love, family, team)

    Safety(economic and physical security)

    Survival(food, water, sleep)

    Self Actualization(challenge, opportunity, learning, creativity)

    #1 reason peopleleave is because of

    lack of recognition

    at work1

    Compensation

    & Benefits

    Modern

    Recognition

    Career ,Development

    Opportunities

    1The Employee Recognition Primer. Bersin & Associates / Stacia Sherman Garr, July 2012.

    R iti D i R t ti

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    Recognition Drives Retention

    7.2%

    8.7%

    10.5%

    0%

    2%

    4%

    6%

    8%

    10%

    12%

    Excellent (5) Fair (3-4) Poor (1-2)

    Effectiveness of Recognition Program at

    Improving Employee Engagement

    Voluntary Turnover Rate 31%Reduction in

    voluntaryturnover!

    Or 46%higher

    turnoverwhen moving

    from

    excellent to

    poor.

    Source: Bersin & Associates Recognition Survey for HR Practitioners, January 2012.

    R i t th W k E i t

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    Reinvent the Work Environment

    P i i l f W k E i t

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    Principles for Work Environment

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    Continuous Learning

    UnleashedLearning all the time, focused, effective, continuous,

    and talent-driven

    4

    Cl N d f I f l L i

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    Clear Need for Informal Learning

    3%

    4%

    8%

    14%

    28%

    33%

    36%

    60%

    0% 10% 20% 30% 40% 50% 60% 70%

    Corporate documentation

    User generated materials

    Formal training - outside provider

    Peers, friends, personal networks

    Formal training - company provided

    Coaching by supervisor

    On the job mentoring, projects,

    On the job experience

    Which learning approaches drive the greatest business value

    in your organization?

    72% of companies believetheir most valuable

    learning approaches are informal,

    yet only30% of resources are focused here

    Source: High-Impact Learning Practices, Bersin &Associates, www.bersin.com/hilp

    Th C ti L i M d l

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    Continuous LearningExpert

    Novice

    Time

    The Continuous Learning Model

    Traditional Training

    Training

    EventJobAids

    E-learningcourses

    CoachingMentoring

    Social, MobileSharing

    CareerPathways

    Communitiesof Practice

    CareerDevelopment

    Source: High-Impact Learning Culture: The 40 Best Practices for Creating an Empowered Enterprise,

    Bersin & Associates/ David Mallon, June 2010

    E l ti f th L&D F ti

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    Level 1: Incidental TrainingSource of Ad-hoc Job Support | Mentoring & Apprenticeship | Emerging Need for Professional Training | SME Focused

    Level 2: Training & Development ExcellenceSource of Designed Instruction | Evolving Governance & Operations

    Improving L&D Core Processes | Program Focused

    Level 3: Talent & Performance ImprovementSource of Talent Development & Performance. Consulting | Integrated with HR/TMDevelopment Planning | Career Models | Leadership vs. Professional

    Level 4: Organizational CapabilitySource of Business Performance Capability & Learning Agility

    Executive Driven | Cultural & Systemic Focus

    Evolution of the L&D FunctionHigh-Impact Learning Organization Maturity Model

    UtilitarianTraining &Job Shadowing

    Formal Design,Architecture

    Talent DrivenLearning

    CulturalContinuous

    Career

    CompletionCompetence

    Satisfaction,Completion,

    Impact

    ProgressionTurnover

    CapabilitiesOutcome

    Risk/Safety

    Keys to Success: Unleashed

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    Keys to Success: Unleashed

    1.

    Develop a complete learning

    architecture, moving beyond blended

    learning or informal learning as a

    paradigm

    2.

    Focus on audience analysis and

    performance consulting to3. Broaden your focus on social learning,

    knowledge sharing, and expertise

    directory

    4. Assess and develop a learning culture

    Source: Bersin & Associates The High Impact Learning Organization Maturity Model, 2012

    A Modern Learning Architecture

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    A Modern Learning ArchitectureEMC

    Need for Learning Culture

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    Need for Learning Culture

    Great CorporateUniversity

    Strong CLO andAlignment

    ExcellentL&D Skills

    Use of rich mediaand social tools

    Excellent Trainingand E-Learning

    Innovativeprogram design

    Have we created an organizationwhich truly has a culture to learn?

    Does leadershipreinforce the need

    to learn?

    Are decision-making processes

    clear?

    Do people shareinformation

    openly?

    Do people feelempowered to

    point out errors?

    Do we listento customers

    openly?

    Do we takethe time to

    reflect?

    Do peoplemove around

    and take risks?

    Is expertiserewarded and

    valued?

    The High Impact Learning Culture Top 10 Practices

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    The High Impact Learning Culture Top 10 Practices

    Practice CategoryRelative Impact on

    Business Outcomes

    1 Leaders are open to bad news. Empowering Employees Very High

    2 Asking questions is encouraged. Empowering Employees Very High

    3Decision-making processes are clearly definedthroughout the company.

    Empowering Employees Very High

    4

    Employees are frequently given tasks of projectsbeyond their current knowledge or skills level inorder to stretch them departmentally.

    Formalizing Learning asProcess

    Very High

    5

    Employees in my organization have influence overwhich job tasks are assigned to them. Empowering Employees Very High

    6The organization values and rewards employees wholearn new knowledge and skills.

    DemonstratingLearnings Value

    High

    7

    The organization values mistakes and failures aslearning opportunities, and provides structuredopportunities for reflection.

    Encouraging Reflection High

    8The organization believes that learning new

    knowledge and skills is a valuable use of time.

    Demonstrating

    Learnings Value High

    9

    Employees generally believe the learning and/ordevelopmental opportunities offered by theorganization to be of high value.

    DemonstratingLearnings Value

    High

    10Employees in my organization take activeresponsibility for their own personal development.

    DemonstratingLearnings Value

    High

    Organizations with a Strong Learning Culture

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    Organizations with a Strong Learning CultureSignificantlyOutperform their peers!

    High-Impact Learning Culture: The 40 Best Practices for Creating anEmpowered Enterprise / David Mallon June 2010

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    The Cheesecake Factory

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    The Cheesecake FactoryVideo Sharing and Games Build Culture and Engagement

    Source: WiseTail LMS. With permission from The Cheesecake Factory

    21st Century Leadership Models

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    New Model for Leaders! Creativity, not planning

    ! Quick decision-making

    ! Getting closer to customers

    ! Globalization, diversity

    ! Continuous change

    ! Manage unexpectedness

    !Agility, not control

    21stCentury Leadership Models

    Developing Global Leaders

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    Developing Global Leaders

    !

    Significant differences in thecompetencies that matter bycountry

    !

    Impact:- Identify and develop for local

    needs

    - Develop leaders locally whereverpossible

    - Build organizational awareness ofdifferent styles and needs

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    BigData Talent Analytics

    UnleashedDriving Business Performance

    Bold, Innovative, and Business-Focused

    6

    This Science is Coming to HR

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    This Science is Coming to HR

    !

    Definition of Science:

    Systematic knowledge of the worldgained through observation

    and experimentation.

    !What is Not Science

    Making talent decisions on the basis ofgut feel, beliefs, or philosophies.

    How do Companies Hire People?

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    How do Companies Hire People?2/3 of hiring done without any significant assessment

    ! Background checking: 79%

    ! Managerial interviews: 64%

    ! Interview training: 47%

    ! Behavioral assessments: 34%

    ! Reference calls: 32%

    !

    Skills-based assessments: 25%

    % of Organizations Which Regularly Use Following Assessment Practices

    Source: High-Impact Talent Acquisition Study, : Bersin & Associates, Fall 2011. 158 organizations responded

    2/3 use no realassessment process

    at all!leavingthe process to

    hiring managersor recruiters

    Big InsuranceInsuranceCompany

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    Big Insurance

    !

    A $33 billion financial services company has developed abehavioral assessment based on a set of beliefsheld bythe top executives

    !

    Top sales people need college degrees from top ratedschools, they should have good grades, and they shouldhave experience selling high value products.

    !

    But the data demonstrates otherwise.

    Results of Data AnalysisInsuranceCompany

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    Results of Data Analysis

    Data Showed Six Things Matter:InsuranceCompany

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    Data Showed Six Things Matter:

    Very Highly Correlated with Success

    1. No typos, errors, grammatical mistakes on resume.2. Did not quit school before obtaining some degree3. Had experience selling real-estate or autos4. Demonstrated success in prior jobs5. Ability to succeed with vague instruction

    6.

    Experience planning time and managing lots of tasks

    The BeliefSystem

    Was Wrong

    Within six months

    of implementing anew screening

    processrevenues went

    up by $4 million

    What Did NOT Matter

    Where they went to school

    What grades they had The quality of their references

    Retailer

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    An Evolved Organization

    VP Human CapitalAnalytics

    DirectorOrg Diagnostics &

    Design

    (2)

    Sr. Consultant ODD

    Program Manager

    DirectorWorkforceAnalytics &Research

    ManagerWorkforceAnalytics

    (2)Sr. WFA Analyst

    ManagerEmployeeResearch

    Analyst EmployeeResearch

    ManagerLearningAnalytics

    ConsultantLearning

    Measurement

    AnalystLearning Analytics

    BusinessOperationsSpecialist

    Manager HR BrandContent

    Talent Management Unleashed

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    Talent Management Unleashed

    Global vs. Local1.

    Talent Acquisition

    2.

    Performance Management

    3. Engagement and Retention

    4.

    Continuous Learning

    5. 21stCentury Leadership

    6.

    Talent Analytics and BigData

    http://marketing.bersin.com/2013-predictions.html

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