new generations: attracting, developing and retaining top talent

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HR Essentials for the New Generations Attracting, Developing and Retaining Top Talent Josh Mackenzie Managing Director Development Beyond Learning Website: www.developmentbeyondlearning.biz Blog: www.joshmackenzie.com.au

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This presentation explores the critical role innovative development programs play in the attraction and retention of top talent in organisations. The idea of 'dynamic engagement is discussed and examples of innovative 'next generation' talent development programs are outlined. Presented at the "ABC of XYZ" new generations conference, delivered by McCrindle Research, in Melbourne and Sydney, Australia, August 2010.

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Page 1: New Generations: Attracting, Developing and Retaining Top Talent

HR Essentials for the New Generations

Attracting, Developing and Retaining Top Talent

Josh Mackenzie Managing Director

Development Beyond Learning

Website: www.developmentbeyondlearning.bizBlog: www.joshmackenzie.com.au

Page 2: New Generations: Attracting, Developing and Retaining Top Talent

Future generations will continue to be

significantly different.

Employers who adapt fastest will capture the

highest quality employees.

Page 3: New Generations: Attracting, Developing and Retaining Top Talent

Are your top young talent in a

meaningless fling, or are they

GETTING ENGAGED?

Page 4: New Generations: Attracting, Developing and Retaining Top Talent

2008

4,271 graduates in 44 countries

“Millennials at Work” survey

Most highly valued employee benefit:

TRAINING AND DEVELOPMENT

PricewaterhouseCoopers; Millenials at Work: perspectives from a new generation

Page 5: New Generations: Attracting, Developing and Retaining Top Talent

2009

2,582 graduates in 127 employers

AAGE Candidate Survey

79% said most important factor in choosing is:

TRAINING AND DEVELOPMENT

Australian Association of Graduate Employers (AAGE) Candidate Survey, 2009

Page 6: New Generations: Attracting, Developing and Retaining Top Talent

How can you leverage training and

development to attract, develop and

retain top young talent?

Page 7: New Generations: Attracting, Developing and Retaining Top Talent
Page 8: New Generations: Attracting, Developing and Retaining Top Talent
Page 9: New Generations: Attracting, Developing and Retaining Top Talent
Page 10: New Generations: Attracting, Developing and Retaining Top Talent

There’s been a lot of talk about

ENGAGEMENT

Page 11: New Generations: Attracting, Developing and Retaining Top Talent

AttractingYoung Talent

RetainingYoung Talent

DevelopingYoung Talent

Engagement Dynamics.

Page 12: New Generations: Attracting, Developing and Retaining Top Talent

AttractingYoung Talent

RetainingYoung Talent

DevelopingYoung Talent

DynamicEngagement.

Page 13: New Generations: Attracting, Developing and Retaining Top Talent

How can you use

development to

ATTRACT

top talent?

Page 14: New Generations: Attracting, Developing and Retaining Top Talent
Page 15: New Generations: Attracting, Developing and Retaining Top Talent
Page 16: New Generations: Attracting, Developing and Retaining Top Talent
Page 17: New Generations: Attracting, Developing and Retaining Top Talent
Page 18: New Generations: Attracting, Developing and Retaining Top Talent
Page 19: New Generations: Attracting, Developing and Retaining Top Talent

0

7.5

15

22.5

30

USAUK

AustraliaFrance

China

Where would you most like to work overseas?

PricewaterhouseCoopers; Millenials at Work: perspectives from a new generation, 2008

Page 20: New Generations: Attracting, Developing and Retaining Top Talent

AttractingYoung Talent

RetainingYoung Talent

DevelopingYoung Talent

DynamicEngagement.

Page 21: New Generations: Attracting, Developing and Retaining Top Talent

How can you best

DEVELOP top talent?

Page 22: New Generations: Attracting, Developing and Retaining Top Talent

Turn me ON ... please.

I want to achieve something TANGIBLE.

I want to have AMAZING and UNIQUE EXPERIENCES that

truly challenge me.

EXPOSE ME to very senior leaders I can admire, trust and resect and I will follow.

Give me NEXT GENERATION DEVELOPMENT as a next generation leader.

Page 23: New Generations: Attracting, Developing and Retaining Top Talent
Page 24: New Generations: Attracting, Developing and Retaining Top Talent

Example 12 Month Next Generation Talent Program

2 day Workshop

Development Needs

Assessment

Monthly Online Vod-Cast

Group Coaching Call

Design Focus Group

Individual Coaching Program Mentoring Program

2 dayExperience/workshop

Jan Feb March April May Jun Jul Aug Sept Oct Nov Dec

2 day Workshop

2 day Workshop

2 day Workshop

90 DayTailored Project

45 DayTailored Project

Supervisor’sMasterclass

Round 1

Supervisor’s Masterclass

Round 2

Page 25: New Generations: Attracting, Developing and Retaining Top Talent

Online Learning 2.0

Page 26: New Generations: Attracting, Developing and Retaining Top Talent

Online Learning 2.0

Page 27: New Generations: Attracting, Developing and Retaining Top Talent

AttractingYoung Talent

RetainingYoung Talent

DevelopingYoung Talent

DynamicEngagement.

Page 28: New Generations: Attracting, Developing and Retaining Top Talent

How can you use

development to

RETAIN top talent?

Page 29: New Generations: Attracting, Developing and Retaining Top Talent

0 20 40 60 80

PromotionRemuneration

Content of WorkWork-Life Balance

Ability to Move Within OrgOverseas Opportunities

Further StudyWork Relationships

Training and DevelopmentQaulity of Manager

Factors that would lead a graduate to stay longer with an employer

According to over 1,700 graduates from 90 employers who participated in the AAGE Development and Retention Survey, 2010

Page 30: New Generations: Attracting, Developing and Retaining Top Talent

Josh Mackenzie

Page 31: New Generations: Attracting, Developing and Retaining Top Talent

The Graduate

Page 32: New Generations: Attracting, Developing and Retaining Top Talent
Page 33: New Generations: Attracting, Developing and Retaining Top Talent

joshmackenzie.com.au

Page 34: New Generations: Attracting, Developing and Retaining Top Talent

Josh Mackenzie

Page 35: New Generations: Attracting, Developing and Retaining Top Talent

development beyond learning.com

Page 36: New Generations: Attracting, Developing and Retaining Top Talent

AttractingYoung Talent

RetainingYoung Talent

DevelopingYoung Talent

DynamicEngagement.

Page 37: New Generations: Attracting, Developing and Retaining Top Talent

HR Essentials for New Generations

Attracting, Developing and Retaining Top Talent

Josh Mackenzie Managing Director

Development Beyond Learning

Website: www.developmentbeyondlearning.bizBlog: www.joshmackenzie.com.au