Talent Blueprint

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Succession planning trends

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Talent Blueprint

  1. 1. Talent Blueprint
  2. 2. Agenda • Trends in succession planning • Why create a succession planning process? • What is Talent Blueprint? • Why Talent Blueprint?Talent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 2
  3. 3. Trends in Succession Planning • By 2010, the labor force will fall short of meeting the demands of an estimated 58 million job openings by more than 4.8 million workers. » These numbers include significant percentages of people in leadership roles. » Fierce competition for highly skilled leaders who can be ready to serve in key roles. • Executive turnover is poised to increase significantly over the next few years as baby boomers retire » 57% of executives are in transition (ExecuNet) » Some of the worlds leading companies stand to lose more than 30% of their top employees (Best Practices, LLC research) • A survey of 307 United States business and government leaders found between 70 -78 % of those respondents focus their succession planning and management activities on middle manager and senior executive positions.Talent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 3
  4. 4. Trends in Succession Planning • 67% of organizations do not currently have any formal succession planning process (Cutting Edge Information) • 45% of the worlds largest corporations have no meaningful approach in place for developing their CEO (Cutting Edge Information) • Only 24% of organizations are confident in their ability to staff leadership positions during the next five years (Watson-Wyatt)Talent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 4
  5. 5. Why Create A Succession Planning Process? • Long-term viability of an enterprise requires a continuous flow and abundant pipeline of high-potential performers who can move into leadership roles at all levels throughout the organization • Organizations that score in the top 20% in talent management and leader development produced an average of 22% greater total return to shareholders • Up to 70% of organizations are suffering "moderate to major leadership shortages," a condition that not only is "inhibiting growth ... but also driving up costs.“ • An organizations capability and capacity to deliver targeted results and sustain economic viability over the long term is highly dependent upon its focused planning and management in building, deploying, and retaining critical leadership bench strength. • Organizations that fail to identify and prepare current and future leaders are at high risk. » Difficulty expanding into new market. » Difficulty defending as effectively against sudden competitive threats. » Lack of leaders who are ready to immediately and effectively execute new strategic initiatives. » Lack of leaders to guide new acquisitions to realizing the targeted results. » Lack of leaders who are able to craft strategic choices in the midst of ambiguous circumstances.Talent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 5
  6. 6. What is Talent Blueprint? • Talent Blueprint is designed to answer the question “What is the state of talent in the organization?” » Do you know which jobs in your company don’t have a talent pool? » What percentage of your workforce will be retiring in the next five years? » Which critical employees in your organization are retention risks? » When executives ask what the state of talent is in the organization do you know? • Its designed to answer the above questions “Right Now!” not in days, weeks or months – make better decisions faster • Specifically designed for Human Resources teams of up to 20 people that are focused on succession planning and talent management • Track all of your critical employee talent and high impact positions • Simple and intuitive, with powerful features and capability every HR team needs to manage talent effectivelyTalent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 6
  7. 7. Why Talent Blueprint? • Its fast and easy to use • Intuitive design allows for one click assess to critical data • Powerful functionality that is constantly upgraded and expanded on a regular basis • Allows HR to control the flow and access to data » Don’t need to give everyone access • Can be completely supported within HR without the need for IT • Ships with validated competency model and other default content from PTS or completely customize Talent Blueprint and use your own contentTalent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 7
  8. 8. Why Talent Blueprint? • No annual licensing fee - once and done » Never need to repay for licenses like with other applications » Stop paying for licenses that are rarely or never used • Don’t need access to the web to run it • PTS customer service and cost effective optional annual support packages » Let PTS consultants handle all your data needs for one low cost • Fraction of the cost of other systems • Custom functionality can be designed specifically for the needs of your organization • Developed by people who do what you do and understand the information you want and needTalent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 8
  9. 9. QUESTIONS • Want to see Talent Blueprint in action • Check out our demo on LinkedIn at • http://www.linkedin.com/company/people-talent-solutions-inc-/products?trk=tabs_biz_product • Our website at • http://peopletalentsolutions.com/solutions/talent-management-software/ • Or schedule a demo • Better yet try it free for 30-days.Talent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 9
  10. 10. Contact Information • Contact People Talent Solutions, Inc. » 800-430-3556 » 562-706-5683 » www.peopletalentsolutions.comTalent Blueprint Copyright © 2011 People Talent Solutions Corporation. All rights reserved. 10

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