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  • 8/9/2019 Talent Sustainability Walsh

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    2008 Center for Creative Leadership. All rights reserved. 1

    Richard Walsh

    Senior Faculty & Executive Coach

    Center Connection- Austin, TX

    Talent Sustainability: Frameworks and Tools for

    Developing Organizational Capacity

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    2008 Center for Creative Leadership. All rights reserved. 2

    Number of more jobs available then people

    to fill them because of retiring Baby Boomers.

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    Percentage of students graduating with

    science and engineering degrees in the

    United States, Germany, and Japanis in the single digits.

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    2008 Center for Creative Leadership. All rights reserved. 4

    The global war for talent is fierce and growing

    fiercer. In our view, global companies are

    undergoing a transition in how people are

    valued. Once thought primarily in terms of cost,people in successful global companies are

    valued as rich sources of talent, skill and

    diversity, which are critical to the success ofthe enterprise.

    ~ Price Waterhouse Coopers

    10th Annual Global CEO Survey

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    Biggest Human Capital Challenges of the Future

    1. Succession Planning

    4. Engaging & RetainingTalented Employees

    2. Providing leaders with the skills

    they need to be successful

    3. Recruiting & Selecting talented

    employees to fill positions

    Source: SHRM Foundation 2007

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    Aligning Succession Management with

    the organizations talent management

    systems and practices.

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    2008 Center for Creative Leadership. All rights reserved. 7

    The work of designing and implementing the

    strategies, culture, systems and processes needed

    for

    Talent sustainability is an organizations ability to

    continuously attract, develop, and retain people withthe capabilities and commitment needed for current

    and future organizational success.

    Talent Management

    talent sustainability.

    Talent Sustainability

    talent sustainability.

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    Strategy

    Culture

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    Competency

    Model

    Develop

    ment&

    Deploy

    ment

    Learning

    &

    Development

    KnowledgeManagement

    Executive

    Commitment &

    Engagement

    Sourcin

    g&

    R

    ecruitin

    g

    CriticalTalent

    Identification,

    Developme

    nt,

    &Succession

    Reward&

    R

    ecognition

    Performance

    Managem

    ent

    2007 Center for Creative Leadership. All rights reserved.

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    Compete

    ncy

    Mod

    el

    Develo

    pment&

    Deploym

    ent

    Learning&

    Develop

    ment

    Knowledge

    Management

    Executive

    Commitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development,

    &Su

    ccession

    Re

    ward&

    Rec

    ognition

    Performa

    nce

    Manag

    ement

    Talent

    Sustainability

    Metrics

    Metrics

    2007 Center for Creative Leadership. All rights reserved.

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    Rewards&

    Recognition Le

    arning&

    Development

    Knowledge

    Management

    Executive

    Commitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Developmen

    t,

    &Succession

    Compete

    ncy

    Mod

    el

    Develo

    pment&

    Deplo

    yment

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    CriticalTalent

    Identification,

    Developmen

    t,

    &Succession

    Identifying what type of talent

    is most critical to implementing

    the organizations strategy,continuously developing that

    talent, and moving it into roles

    where it is most needed.

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    Competency

    D

    evelopment&

    Deployment L

    earning&

    Development

    Knowledge

    Management

    Executive

    Commitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development

    ,

    &Succession

    Compete

    ncy

    Model

    Develo

    pment&

    Deplo

    yment

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    Learning&

    Developme

    nt

    Creating opportunities for

    employees to enhance their

    capabilities and connections with

    others in the organization in order

    to improve job performance,

    career advancement,

    organizational commitment, and

    organizational performance.

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    Reward&

    Recognition Le

    arning&

    Development

    Knowledge

    Management

    Executive

    Commitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development

    ,

    &Succession

    Rewa

    rd&

    R

    ecog

    nition

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    Compete

    ncy

    Mod

    el

    Develo

    pment&

    Deplo

    yment

    Delineating the competencies

    needed in employees and

    using the resulting competency

    models across talent

    processes.

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    Rewards&

    Recognition Le

    arning&

    Developmen

    t

    Knowledge

    Management

    ExecutiveCommitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development,

    &Succession

    Compete

    ncy

    Mod

    el

    D

    evelo

    pment&

    Deploy

    ment

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    Knowledge

    Management

    Developing and making

    accessible the shared

    knowledge, expertise,

    and collective wisdom

    across the organization.

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    Rewards&

    Recognition Le

    arning&

    Developmen

    t

    Knowledge

    Management

    ExecutiveCommitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development,

    &Succession

    Compete

    ncy

    Mod

    el

    Develop

    ment&

    Deploy

    ment

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    Performance

    Managem

    ent

    Setting performance

    standards, monitoring

    employee performance,

    providing feedback andsupport for performance

    improvement, and exiting

    employees who cannot

    meet standards.

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    Competency

    Development&

    Deployment L

    earning&

    Development

    Knowledge

    Management

    ExecutiveCommitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development,

    &Succession

    Compete

    ncy

    Mod

    el

    Develop

    ment&

    Deploy

    ment

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    Reward&

    Recognition

    Using formal and informalrewards to align employee

    behaviors and activities

    with organizational

    strategies and to build acommitted workforce.

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    Reward&

    Recognition Le

    arning&

    Development

    Knowledge

    Management

    ExecutiveCommitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development,

    &Succession

    Compete

    ncy

    Model

    Develop

    ment&

    Deploy

    ment

    Performance

    Managem

    ent

    Talent

    Sustainability

    Metrics

    Metrics

    Sour

    cing

    &

    Rec

    ruiti

    ng

    Developing reliable

    sources of talent for the

    organization and

    practices for attractingthat talent to the

    organization.

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    Rewards&

    Recognition Le

    arning&

    Development

    Knowledge

    Management

    ExecutiveCommitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development,

    &Succession

    Compete

    ncy

    Model

    Develop

    ment&

    Deplo

    yment

    Performance

    Managem

    ent

    t

    Talent

    Sustainability

    Metrics

    Metrics

    ExecutiveCommitment &

    Engagement

    Senior executives who believe that

    talented employees are critical for

    organizational success, who are

    directly involved in talent

    management work, and who ensure

    that their organization has effective

    talent management practices in place.

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    How engaged and committed

    are YOUR senior executives?

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    Percentage of time executives spend

    engaging in talent management activities

    relative to other executive responsibilities.

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    Talent Orchestration

    represents a seniorexecutives ability and

    personal involvement in

    leading talent

    management processes

    and outcomes to ensure

    the sustainable utilization

    of human capital assets.

    Orchestrators

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    Instructions: Use the following rating scale to respond to each item:1=STRONGLY DISAGREE 4=slightly agree

    2=Disagree 5=Agree3=slightly disagree 6=STRONGLY AGREE

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    O r g a n i z a t i o a n l T a le n t M a n a g e m e n t E f f o r t s

    1 .T h e B o a r d h a s i d e n ti f ie d t a le n t m a n a g e m e n t a s a t o p

    p r i o r i t y .

    2 .T h e C E O , o r m o s t s e n i o r e x e c u t iv e , a n d t o p m a n a g e m e n t

    t e a m a r e c o m m it te d t o t a le n t m a n a g e m e n t .

    3 .T h e C E O , o r m o s t s e n i o r e x e c u t iv e , a n d t o p m a n a g e m e n t

    t e a m i n v e s t t h e i r t im e in t a le n t m a n a g e m e n t .

    4 .D e v e l o p i n g t a le n t i s a s h a r e d r e s p o n s i b il i ty b e t w e e n

    e x e c u t iv e s , h u m a n r e s o u r c e s , a n d l in e m a n a g e r s .

    5 .T h e o r g a n i z a t io n s t a le n t d e v e l o p m e n t p r a c t ic e s a r e d i r e c t ly

    li n k e d t o b u s i n e s s s t r a te g y .

    6 .T h e r e i s a c le a r a n d c o m p e l li n g r e a s o n f o r t a le n t e d

    i n d i v id u a l s t o j o in t h e o r g a n i z a t io n .

    7 .T h e r e i s a c le a r a n d c o m p e l li n g r e a s o n f o r t a le n t e d

    i n d i v id u a l s t o s t a y in t h e o r g a n i z a t io n .

    8 .F o r m a l p e r f o rm a n c e m a n a g e m e n t p r o c e s s e s a r e in p la c e t o

    id e n t if y a n d r e v ie w t h e o r g a n i z a t io n s t o p t a le n t .

    9 .T h e o r g a n i z a t io n p r o v i d e s f o r m a l d e v e l o p m e n t o p p o r t u n i ti e s

    t o s u p p o r t e m p lo y e e s .

    1 0 .

    T h e o r g a n i z a t io n c h a ll e n g e s h i g h p o t e n t i a l e m p l o y e e s w it h

    d e v e l o p m e n t a l a s s i g n m e n t s , ro l e ro t a t io n s , a n d / o r c r o s s

    f u n c t io n a l e x p e r ie n c e s .

    1 1 .

    T h e o r g a n i z a t io n h a s id e n t if ie d a n d d i ff e r e n t ia t e d t h e c r it ic a l

    c o m p e t e n c i e s n e e d e d f o r tr a n s i tio n i n g i n t o e a c h l e v e l o f

    m a n a g e m e n t / le a d e r s h i p r e s p o n s i b il it y .

    1 2 .T h e o r g a n i z a t io n e f fe c t iv e l y m e a s u r e s t h e i m p a c t o f it s t a le n t

    m a n a g e m e n t i n it ia t iv e s .

    1 3 .T h e o r g a n i z a t io n s re c o g n i t i o n a n d re w a r d s y s t e m s

    e n c o u r a g e ta l e n t m a n a g e m e n t .

    1 4 .

    T h e C E O , o r m o s t s e n i o r e x e c u t iv e , a n d t o p m a n a g e m e n t

    t e a m e n c o u r a g e s le a d e r s t o s h a r e ta l e n t a c ro s s t h e

    o r g a n i z a t i o n .

    1 5 .T h e o r g a n i z a t io n i s t r a n s p a r e n t in p r o v i d i n g i n fo r m a t io n

    a b o u t s u c c e s s i o n p l a n s .

    1 6 .T h e o r g a n iz a t io n h a s a c u l tu r e o f d e v e l o p m e n t a n d g r o w t h

    f o r e m p l o y e e s .

    1 7 .M e n t o r s a n d / o r c o a c h e s f o r m a l ly w o r k w i th h i g h p o t e n t ia l

    e m p l o y e e s i n th e o r g a n i z a ti o n .

    7 0 . 2 %

    7 5 . 0 %

    6 1 . 4 %

    8 3 . 7 %

    5 8 . 1 %

    6 4 . 7 %

    6 8 . 5 %

    6 9 . 6 %

    6 9 . 5 %

    4 6 . 7 %

    3 2 . 0 %

    1 7 . 5 %

    3 6 . 9 %

    5 0 . 0 %

    1 8 . 4 %

    4 6 . 2 %

    2 6 . 7 %

    1

    2

    3

    4

    5

    6

    7

    8

    9

    1 0

    1 1

    1 2

    1 3

    1 4

    1 5

    1 6

    1 7

    1 8

    1 5 . 0 %

    % A g r e e m e n t (A g r e e & S t ro n g l y A g r e e )

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    2008 Center for Creative Leadership. All rights reserved. 25

    Orchestrators In Action

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    E x e c u t iv e T a le n t M a n a g e m e n t E f fo r t s

    18 .I am he ld pe r s ona l l y ac c oun t ab le f o r dev e lop ing t a len t i n m y

    organ iza t ion .

    19 . I am d i rec t ly inv o l v ed i n iden t i fy ing t a l en t i n m y o r gan i z a t ion .

    20 .I am ac t iv e l y inv o l v ed i n r ev iew ing t he p r og r es s o f h i gh

    po t en t ia l em p loy ees .

    2 1 . T h e r e i s a t le a s t o n e s u c c e s s o r id e n t if ie d f o r m y p o s i ti o n .

    22 .I p rov ide de ve lopm enta l oppo r tun i ties to h igh po ten t ia l

    e m p l o y e e s .

    23 . I use s t re t ch ass ignm ents , ac t ion learn ing , o r rea l l if e cases t ud ies to dev e lop em p loy ees .

    2 4 . I h e l p e m p l o ye e s le a r n fr o m t h e ir m i s ta k e s .

    25 .I am f o r m a l l y m en t o r i ng a t leas t one h igh po t en t ia l

    e m p l o y e e .

    26 .I p rov ide ongo ing dev e lopm en t a l f eedbac k t o im p r ov e

    e m p l o ye e p e r fo r m a n c e .

    27 .I be l ieve tha t de ve lop ing ta len t w i l l lead to imp roved

    o r gan i z a ti ona l pe r f o r m anc e .

    2 8 . I h o ld m y d ir e c t r e p o rt s a c c o u n ta b le f o r ta le n t m a n a g e m e n t .

    29 . M y d i r ec t r epo r ts r egu la rl y ev a lua t e the i r t a len t .

    30 .M y d i rec t repo r t s have iden t if ied a t leas t one h igh p o ten t ia l

    e m p l o y e e .

    31 .M y d i r ec t repo r t s a r e m en t o r ing a t l eas t one h igh po t en t ia l

    e m p l o y e e .

    32 .M y d i r ec t r epo r ts m a k e f o r m a l rec om m enda t i ons to m e

    abou t t he i r h i gh po t en t ia l em p loy ees .

    52 . 7%

    82 . 0%

    71 . 2%

    50 . 0%

    70 . 1%

    50 . 0%

    77 . 7%

    50 . 0%

    71 . 2%

    97 . 8%

    63 . 6%

    61 . 9%

    65 . 8%

    34 . 8%

    53 . 3%

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    13

    14

    15

    16

    1 5 . 0 %

    % A gr eem en t (A g r ee & S t r ong l y A g r ee )

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    Talent Acceleration

    represents a senior

    human resource,

    training and

    development, ororganizational

    development

    executives ability and

    personal involvement indriving talent

    management processes

    and outcomes to ensure

    the sustainable

    utilization of humancapital assets.

    Accelerators

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    In addition to improving

    the quality of the talent

    and leadership,

    reducing the readinessto lead cycle time, and

    improving people

    processes, talent

    acceleration involves

    alignment of peoplesystems and processes

    and influencing critical

    outcomes in order to

    achieve talentsustainability.

    Accelerators

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    Rating InstructionsThinking about yourself as a people executive please rate the extent to which you agree with thefollowing statements. Please put an Xin the one box that best represents your level of agreementRating ScaleSD=STRONGLY DISAGREED=Disagreesd=slightly disagreesa=slightly agree

    A=AgreeSA=STRONGLY AGREE

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    Accelerators In Action

    High potential talent can be found on

    key position succession plans

    The organizations critical roles have been identifiedand defined, and successor candidates are being

    actively developed for each critical role

    Assessing executive talent and emerging talent

    Help managers get a clear

    understanding of who their critical talent is and why

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    Being a Strategic Influencer

    Are Accelerators positioned to optimally facilitate the

    assessment of critical talent needed for the business?

    Are the critical talent we have identified the right

    talent based on the changes that are going on

    with the organization?

    I Influence the executive team to

    link talent to business strategy.

    I have engaged at least one senior leader in aconversation about how they are impacting

    the organizations talent management process.

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    Talent AccelerationEngaging in Strategic Thinking

    Assessing Where We Are

    Strengths: What internal capabilities or assets give the organization a competitive

    advantage? In what ways does the organization serve its key internal and external

    stakeholders?

    Weaknesses: What internal capabilities or assets is the organization relatively ineffective or

    inefficient at performing or possessing, or so limited in capacity as to put it at a competitive

    disadvantage? In what ways does the organization fall short in serving key internal and

    external stakeholders?

    Opportunities: What conditions or possible future conditions in the external environment

    might give the organization a competitive advantage and enhance achievement of its vision iftaken advantage of?

    Threats: What conditions or possible future conditions in the external environment might put

    the organization at a competitive disadvantage and inhibit achievement of its vision if steps

    are not taken to minimize their impact?

    SWOT Analysis

    Someone two levels senior to you

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    SWOT Conversations

    Someone two levels senior to you

    Someone from a different functional area

    Someone with a reputation for creative business thinking

    A manager with a reputation for being solid and level headed

    What were the points of agreement?

    What were the points of disagreement?

    What did you learn from your own insight and

    appreciation for your organizations strategic situation?

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    How do YOUR line managers

    influence the development of talent?

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    88% of identified high potentials believe they are

    actively identifying and developing talent.

    75% of leaders not formally identified

    as high potentials believe they are activelyidentifying and developing talent.

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    A View from the Pipe

    Influencers

    How does it feel to be formally identified as a high potential?

    Coach Teacher Guide

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    Talent

    High Potential Talent

    Critical Talent

    Critical Talent

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    Talent

    Individuals who have the capability to make a

    significant difference to the current and

    future performance of the organization.

    Critical Talent

    Individuals in critical positions who have the potential tomake the most significant impact to the current

    and future performance of the organization.

    High Potential Talent

    An employee who has been assessed as having the ability,organizational commitment, and motivation to rise to and

    succeed in more senior positions in the organization.

    T l t

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    A View from the Pipe

    Talent

    I appreciate the recognition but am a bit concerned about my

    ability to prove myself.

    I dont really deserve the honor.

    It is very gratifying and humbling at the same time. It also

    strengthens my dedication to the company as it demonstrates

    its interest in me.

    Extremely complimentary but stressful at the same time.

    At first it made me proud that someone noticed my potential.

    Then quite frankly, it made me a little scared. Now what is

    expected of me?

    How does it feel to be formally identified as a high potential?

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    A View from the Pipe

    Talent

    A little left out. I am already pretty high up in the organization.

    If my improvement gets me promoted, great. If not, thats also

    ok.

    The fact that I have been told that I am a high potential teammember but not recognized formally makes me question if what

    I have been told is accurate or just an underhanded way to

    keep me striving for something unattainable.

    Even though I am told that I am in the succession plan andconsidered high potential, no one can outline the next steps

    associated with being this person. As time passes, I feel as

    though they are giving me lip service to retain my assets.

    How does it feel not to be formally identified as a high potential?

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    2008 Center for Creative Leadership. All rights reserved. 42

    Role of the Executive

    Role of thePeople Executive

    Critical Roles in Talent SustainablityRole of Line Managers

    Talent Influencer

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    Compete

    ncy

    Mod

    el

    D

    evelo

    pment&

    Deploy

    ment

    Learning&

    Developmen

    t

    Knowledge

    Management

    ExecutiveCommitment &

    Engagement

    Sourcin

    g&

    Recruiting

    CriticalTalent

    Identification,

    Development

    ,

    &Success

    ion

    Reward&

    Recognition

    Performance

    Managem

    en

    t

    Talent

    Sustainability

    Metrics

    Metrics

    2007 Center for Creative Leadership. All rights reserved.

    What will be YOUR Talent Legacy?

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    2008 Center for Creative Leadership. All rights reserved. 44

    Center Connection- Austin, TX

    Talent Sustainability: Frameworks and Tools for

    Developing Organizational Capacity

    Richard Walsh

    Senior Faculty & Executive CoachOne Leadership Place

    Greensboro, NC 27358

    01.336.286.4581

    Roland Smith

    Senior Faculty

    850 Leader Way

    Colorado Springs, CO 80906

    01.719.329.7895