New Generations: Attracting, Developing and Retaining Top Talent

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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 …

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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  • 1. 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
  • 2. Future generations will continue to be significantly different. Employers who adapt fastest will capture the highest quality employees.
  • 3. Are your top young talent in a meaningless fling, or are they GETTING ENGAGED?
  • 4. 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
  • 5. 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
  • 6. How can you leverage training and development to attract, develop and retain top young talent?
  • 7. There’s been a lot of talk about ENGAGEMENT
  • 8. Engagement Dynamics. Attracting Developing Retaining Young Talent Young Talent Young Talent
  • 9. Attracting Young Talent Dynamic Engagement. Retaining Developing Young Talent Young Talent
  • 10. How can you use development to ATTRACT top talent?
  • 11. Where would you most like to work overseas? 30 22.5 15 7.5 China 0 France Australia UK USA PricewaterhouseCoopers; Millenials at Work: perspectives from a new generation, 2008
  • 12. Attracting Young Talent Dynamic Engagement. Retaining Developing Young Talent Young Talent
  • 13. How can you best DEVELOP top talent?
  • 14. 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.
  • 15. Example 12 Month Next Generation Talent Program 90 Day 45 Day Tailored Project Tailored Project Development 2 day Needs 2 day 2 day 2 day 2 day Experience/ Workshop Assessment Workshop Workshop Workshop workshop Jan Feb March April May Jun Jul Aug Sept Oct Nov Dec Supervisor’s Supervisor’s Masterclass Masterclass Round 1 Round 2 Monthly Online Vod-Cast Design Focus Group Group Coaching Call Individual Coaching Program Mentoring Program
  • 16. Online Learning 2.0
  • 17. Online Learning 2.0
  • 18. Attracting Young Talent Dynamic Engagement. Retaining Developing Young Talent Young Talent
  • 19. How can you use development to RETAIN top talent?
  • 20. Factors that would lead a graduate to stay longer with an employer Promotion Remuneration Content of Work Work-Life Balance Ability to Move Within Org Overseas Opportunities Further Study Work Relationships Training and Development Qaulity of Manager 0 20 40 60 80 According to over 1,700 graduates from 90 employers who participated in the AAGE Development and Retention Survey, 2010
  • 21. Josh Mackenzie
  • 22. The Graduate
  • 23. joshmackenzie.com.au
  • 24. Josh Mackenzie
  • 25. development beyond learning.com
  • 26. Attracting Young Talent Dynamic Engagement. Retaining Developing Young Talent Young Talent
  • 27. HR Essentials for New Generations Attracting, Developing and Retaining Top Talent Josh Mackenzie Managing Director Development Beyond Learning Website: www.developmentbeyondlearning.biz Blog: www.joshmackenzie.com.au