good talent management practices (gtmp) semarang, 15 november 2010
TRANSCRIPT
GOOD TALENT MANAGEMENT PRACTICES
(GTMP)
Semarang, 15 November 2010
BIMA HERMASTHO
Founder & owner PT. Freemind Management Consulting – Business Performance Improvement Consulting http://www.freemind-consulting.com
Commissioner of PT RMT – an EPC & vendor of Exxon Mobil Oil Indonesia (EMOI Cepu) Founder Indonesian Balanced Scorecard School (http://www.bsc-indonesia.com) & Indonesian Six Sigma School
(http://www.sixsigma-indonesian.com) - both are free online course in Balanced Scorecard and Six Sigma. Founder Indonesian Human Capital Institute, a free online HRM course (http://www.sdm-indonesia.net) Professional experience: various positions start from Management Trainee, HR Manager, TPM Training Manager, OD Senior
Manager, Human Capital & OD Director in local and global companies (PT. Teleperformance Indonesia, PT. Multi Bintang Indonesia Tbk, PT. Coats Indonesia , PT. Polysindo Eka Perkasa – Asia Pacific Fibre, etc)
Active & registered member: SHRM (American Society for HRM), ASTD (American Society for Training and Development), ASQ (American Society for Quality) & ISSP (International Six Sigma Professional Society)
Doctorate degree in “Strategic HRM & Total Quality Management” – UNDIP Certified Balanced Scorecard Professional (CBSCP) Certified Lean Management Professional Certified Global Professional in HRM (GPHR) Certified Six Sigma Black Belt (CSSB) Certified Kaizen Professional (CKP) TPM (Total Productive Management) Trainer – Certified Process Kaizen Engineer (PKE) Certified Mediator on ADR (Alternative Dispute Resolution)
[email protected] +62 8122862849
http://www.bsc-indonesia.comhttp://www.freemind-consulting.com
AGENDA
1. Strategic Talent Management2. Framework Talent Management3. Identifying and Assessing High-Potential
Talent (HIPO)4. Top Management Meeting on Talent Review 5. Individual Development Plan6. Leadership Development Program7. Succession Planning & Retention
“Take our 20 best people away and I can tell you that Microsoft would become an
unimportant company”
Strategic Talent Management
The Top FiveTopics that HR provides CEOs
• CareerBuilder.com1. Training & Leadership Development2. Succession planning3. Performance Management System4. Human Capital Metrics5. PRP/Total Rewards
Framework Talent Management
Assessment Enables Strategic Talent Mgmt
Meaning…..
1. Integrated HR processes focused on getting the right people in the right place at the right time.
2. Aligned with the business strategy for current and future success.
3. Driven by HR, led by the CEO, modeled by management, owned by the operating business/lines.
Talent Segment Description Definition Outcome
1. Executive Leaders Officer and Director Level Positions
Individuals selected as “ready now” or “ready 18-24 months” for a specific executive position.
Executive Succession Plan
2. High Potential High Potential Leaders Those with leadership potential and a proven performance track record of achieving results that can reach Director level within 3 years.
High Potential Talent Plan
3. Critical Talent (People)
Critical Talent at Leader Level
Most critical and hardest-to-replace employees. Critical Talent Mitigating Plan
4. Critical Positions Critical Leadership Positions
Most critical positions to maintain essential operational functions or drive business strategies.
Critical Positions Mitigating Plan
5. Emerging Talent Early-in-Career Individual Contributors or Supervisors
Those currently demonstrating high performance and the highest potential to advance one level or more within 3 years.
Emerging Talent Plan
HiPo Identification
Attributes Used to Identify High-Potential Employees
Activities Used to Develop High-Potential Employees
80%
60%
40%
20%
0%
Public Sector Multi-Sector
Action learning
39%44%
Role shadowing
42%35%
Job rotations
47%
37%
Formal training using external
vendor
48%44%
Project assignments
58%62%
Formal in-house training
77%
68%
Plan the
process
Develop
action
plans
Review the talent
ID critic
al positions
Gain support
Comm-
unicate
Followup
Key Activities
Step 1-Update Talent Data
Step 2-Identify Talent
Step 3-Talent Review
Step 4-Manage Talent
February March
March
Full Year Execution & Monitoring
Talent Review
Linking the Talent Development Process to Business
Identify Business Imperatives
Develop Strategic Plan
Assess Organizational Structural Capability & Key Positions
Data Preparation and Develop Performance-Potential Matrix
Develop & Execute Leadership Development Plan
Assess Organizational and Individual Performance
Review Talent and Identify Gap March
Dec
Jan
Feb
Dec
Dec
Position Review
Retention Risk
Critical High Medium Moderate Low
Critical
High
Medium
Moderate
Low
Criticality
S UPERIOR R ESULTS , UNSATISFACTORY B EHAVIOUR
S UPERIOR R ESULTS E XCEPTIONAL P ERFORMER E
XCEE
DED
E
XPEC
TATI
ON
S
Associate consistently contributes at a superior level of performance on all job objectives, however, performance falls be low expectations on Novartis values/behaviours.
Associate consistently contributes at a superior level of performance on all job objectives and also demonstrates the Novartis values/behaviours.
Associate consistently contributes at an exceptional level of performance on all job objectives and the Novartis values/behaviors Recognized as a role model bothWithin their group and in a widerpopulation.Few associates achieve this level
of performance. G OOD R ESULTS ,
UNSATISFACTORY B EH AVIOUR S TRONG P ERFORMER S UPERIOR B EHAVIOUR
FU
LLY
MET
EXP
ECTA
TIO
NS
Associate fully meets expectations on all job objectives, however, performance falls below expectations on Novartis values/behaviours.
Associate fully meets expectations on all job objectives and the
Novartis v alues/behaviours. This is a positive and fully acceptable
level of performance.
Associate consistently demonstrates superior behavior and fully meets expectations on all
job objectives.
U NSATISFACTORY P ERFORMER G OOD B EHAVIOUR , U NSATISFACTORY R ESULTS
S UPERIOR B EHAVIOUR , U NSATISFACTORY R ESULTS
O
BJEC
TIVE
S
PAR
TIAL
LY
MET
EXP
ECTA
TIO
NS
Associate performance falls considerably short in relation to job objectives and the Novartis values/behaviours despite repeated explanations /coaching.
Associate fully meets expectationson Novartis values/behaviors, however, performance on job objectives falls below expectations.
Associate consistently demonstrates superior behaviour, however, performance on job objectives falls below expectations.
P ARTIALLY M ET E XPECTATIONS F U LLY M ET E XPECTATIONS E XCEEDED E XPECTATIONS
N OVARTIS V ALUES /B EHAVIOURS
1.1
3.3
2.3
1.3
3.2
2.2
1.2
2.1
3.1
Associate fully meets on all
objectives, over-achieves on key objectives, out-
spoken role model on values and
behaviors.
Associate fully meets on a
majority of key objectives,
demonstrates the majority of values
and behaviors.
Associate fully meets on all objectives,
over-achieves on key objectives, does not demonstrate values
and behaviors
Associate fully meets on a majority of key job objectives, does
not demonstrate values and behaviors
Associate does not meet on a majority of key objectives,
does not demonstrate values
and behaviors
Associate does not meet on a majority of key objectives, out-spoken role
model on values and behaviors.
Associate does not meet on a majority of key
objectives, demonstrates the majority of values
and behaviors.
Associate fully meets on a majority of key objectives, out-spoken role model on values and behaviors.
Novartis Case- Nine- Box Grid
Associate fully meets on all
objectives, over-achieves on key
objectives, demonstrates the
majority of values and behaviors
I. PERFORMANCE POTENTIAL MATRIX
CAREER PROFILE EXCELLENT GOOD IMPROVEMENT
REQUIRED TOO SOON
TO TELL
High Professional Already on top, with special competency
High Potential 2 vertical steps within 5 years
Promotable 1 vertical step within 2-4 years
Lateral Potential Move horizontal/across functions within 2 years
Effective Likely to remain in current role 3-5 years
Planned Exit Retirement, poor health, continued
underperformance.
Too soon to tell
Talent Review Meeting
• Identify career paths for future career growth • Identify competencies and assess strengths and areas
for development• Have employees create a career profile and identify
development plans• Mentor and coach employees• Provide ongoing feedback• Discuss career goals with employees• Develop a promotion from within policy
Individual Development Plan
HIgh Potential
Inservice Training/Leadership Lunches
Technical Skill Training
Learning Communities
Conferences and Workshops
Senior Staff Meetings
Advanced College Degrees
Professional Development
Orientation
Leadership Workshops
Training
Replacement Assignments
Team Projects
Special Projects
Special Assignments
Internships
Job Rotation
OJT
Work Experience
Farm Teams
Networking Groups
Senior Leader Coaching
Informal Mentoring
Formal Mentoring
Coaching
Career Planning
Career Paths
Career Development
Leadership Development
Leadership DevelopmentProgram
Leadership Pipeline
Origin: • The Leadership pipeline was originally
designed in General Electric as the framework for their succession management system.
• Now used by 80 leading companies in the world to anchor all work on the human side of the enterprise.
Leadership PipelineThe Power of the Model:• Distribute leadership work more
effectively – ensuring that leaders are doing value adding work at the right level
• Raise the standard, define/measure Leadership & make it absolutely clear what it takes to succeed – enabling significant improvements in Performance
• Enable individuals to succeed: self-help, self-planning, self-assessment
• Create the architecture for integrated Leadership Development & Talent Management
• Give senior management transparency so that they can see all the way to the bottom & ensure executive validation & direction of all the work of a business.
Assessment of Key Positions
Identification of Key Talent
Assessment of Key Talent
Generation of Development Plans
Development Monitoring and Review
Key Elements
Succession Planning
IncumbentsReg. VP West Reg. VP. East Reg. VP Central Dir. HRD VP. Production VP of Finance
Bagus Djoko Asep Bambang John Sembada
Ready Now Kurnia g Sarjuni v Lilik l Emergency Replacement
Monang p Wicak p Andre p
Ready Next1 - 2 Yrs
Alex g Jono n Totok l Jay n Sinaga Jane
Toni n Joseph g
Ready Future2 + Yrs
Rica g Jusman n Tommy n
Joice n Jendro g
Rising StarsMaulanan Robby Budi Sukirman Supriyanto
Simamora
Placement Issue
t
Agung Susanto
LEGEND - copy and past symbol in box next to name
l Critical Talent g High Potential (2+) n
Promotable (1) p Exp.
Professional v Too New (N)
Performance Issue
Career Mgt & Succession Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Talent Action plan
Cell 9 – Highest Performance – Highest Potential
Total Compensation Keep well ahead (25%) of market. Grant long-term incentives.
Retention Assign a member of top management to monitor satisfaction and engagement.
EngagementAssign to key committees, teams, networks; special invitations to meetings; provide opportunities to represent MBI in community and industry forums.
Exposure Arrange exposure to significant and relevant senior management/board members, Executive Development programs.
Assessment Provide complete continuous assessment, evaluation and feedback alternatives.
Coach Make coaches available for key skill development.
Mentor Assign a senior level mentor.
Assignment Move aggressively through a series of targeted, challenging, diverse and broadening jobs every 24-36 months.
DevelopmentUse challenging jobs to enhance current skills and develop others. Consider as candidate for MBI sponsored graduate or executive development programs.
Is now performing with the best. Has the ability to take on major stretch assignments in new areas. Should be positioned to become a top leader in the future.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 8 – Middle Performance – Highest Potential
Total Compensation Keep ahead (10%) of market. Grant long-term incentives.
Retention Assign a member of top management to monitor satisfaction and engagement.
EngagementAssign to key committees, teams, networks; special invitations to meetings; provide opportunities to represent MBI in community and industry forums.
Exposure Arrange exposure to significant and relevant senior management.
Assessment Provide complete continuous assessment, evaluation and feedback alternatives.
Coach Make coaches available for key skill development.
Mentor Assign a senior level mentor.
Assignment Move through a series of challenging and diverse jobs every 24 – 36 months.
DevelopmentUse challenging jobs to enhance current skills and develop others. Consider as candidate for MBI sponsored graduate or executive development programs.
Consistently meets expectations and has the ability to take on new and different challenges. Could be a senior leader in time.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 7 – Highest Performance – Middle Potential
Total Compensation Keep well ahead (20%) of market. Enhance short-term incentives.
RetentionAssign a senior manager to monitor satisfaction and treatment. Hold supervisor accountable to retain.
EngagementAssign to key committees, teams, networks; special invitations to meetings.
ExposureFacilitate and support internal and external networking in field of specialization; senior management should meet and know.
Assessment Provide learning agility and competency assessment.
Mentor Assign as a performance mentor to others.
AssignmentKeep in current assignment and role as long as possible and look for additional assignments for potential development.
DevelopmentPut into a learning agility enhancement program or consider as candidate for MBI sponsored graduate or executive development programs.
Consistently performs with the best and can do more.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 6 – Lowest Performance – Highest Potential
Total Compensation Keep at midpoint of market.
Retention Assign a senior manager and HR professional to monitor satisfaction and treatment. Hold supervisor accountable for performance support.
Engagement Assign to key taskforces, study groups, networks; special invitations to meetings.
Exposure Facilitate and support internal networking; senior management should meet and know.
Assessment Provide complete continuous assessment, evaluation and feedback alternatives.
Mentor Assign a senior level mentor.
Coach Provide coaches for functional and direct job skills.
Assignment Monitor performance in current assignment. Look for a closer fit for the next assignment.
Development Use diversity of jobs to build performance capabilities; monitor performance closely.
May be new in organization, assignment or in a stretch developmental job or role. May not be in a good fit job. Should catch up in time. Has the long term potential to be among the best.
Talent Management
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 5 – Middle Performance – Middle Potential
Total Compensation Keep at market mid-point.
Retention Hold supervisor accountable to monitor satisfaction.
Assignment Use to fill in gaps and play multiple roles.
DevelopmentChoose either a performance enhancement (move to cell 7) or potential enhancement path (move to cell 8).
Always does a good job (meets expectations). Can fill multiple roles. Versatile. Dependable. Adaptable. Flexible. Utility player.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 4 - Highest Performance – Lowest Potential
Total Compensation Keep ahead (25%) of market. Use soft rewards and recognition. Grant long-term incentives.
Retention Assign a senior manager to monitor satisfaction and treatment.
Engagement Assign to key committees, team, networks; special invitations to meetings.
ExposureFacilitate and support internal and external networking in field of specialization; represent MBI in industry related professional groups, benchmarking panels.
Assessment Provide technical and functional skills assessment.
Mentor Assign a as a functional / technical mentor to others.
Coach Assign to teaching and coaching activities.
Assignment Keep in current assignment and role as long as possible.
Development Support honing functional / technical expertise.
Consistently performs with the best. Knows the job and role extremely well. Plays a vital role in producing organizational results. Seasoned. Irreplaceable. Solid.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 3 – Lowest Performance – Middle Potential
Total Compensation Target 5-10% below market.
AssessmentProvide continuous performance assessment, evaluation and feedback for alternatives.
Assignment Monitor on current assignment until performance improves.
DevelopmentPut on performance improvement plan, with specific functional feedback and coaching.
May be new in assignment or in a stretch developmental job or role. Might be misplaced. Should move up in performance in time. Has the potential to perform better.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 2 – Middle Performance – Lowest Potential
Total Compensation Keep at market.
Retention Hold supervisor accountable for retention.
ExposureFacilitate and support internal and external networking in field of specialization.
AssessmentProvide technical and functional skills assessment along with every third year general skills assessment and learning agility options.
Mentor Assign a functional / technical mentor.
Assignment Keep in current assignment and role as long as possible.
DevelopmentSelect either a performance improvement path (to cell 4) or a learning agility enhancement path (to cell 5).
Performs up to standard (meets expectations). Limited upside outside current areas of expertise and fields of specialization.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Cell 1 – Lowest Performance – Lowest Potential
Total Compensation Freeze pay. Hold incentives.
Retention If not correctable, out-counsel. Set a time limit.
Assignment Move into better fit assignment or outplace.
Development Put on a performance improvement plan.
Consistently struggles to perform up to standard. Has trouble keeping up.
Talent Management Plan
POTENTIAL
PERFORMANCE
1
2
3
4
5
6
7
8
9
Thank you.