Talent Management and Succession Planning - ABF Conference

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  • + kennyong Kenny Ong 6 months ago
    Please send me your email address. Otherwise, you can also download the softcopy by clicking 'Get File', above or from this link:http://www.slideshare.net/kennyong/talent-management-and-succession-planning-abf-conference/download
  • + niamaat niamaat 6 months ago
    please send me a copy of the slides to use in my organisation
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Talent Management and Succession Planning - ABF Conference - Presentation Transcript

  1. Effective Strategies on how to Identify, Develop and Sustain High Performance Human Capital to drive Business Results Kenny Ong CNI Holdings Berhad
  2. Contents:
    • Agenda:
    • Principles and Objectives
    • Strategy Examples
    • Attract and Identify
    • Issues and Challenges
    • Mistakes and Lessons
    • What’s Next?
  3. About: CNI
    • 17 years old
    • Core Business: MLM
    • Others: Contract Manufacturing, Export/Trading, eCommerce
    • Malaysia, Singapore, Brunei, Indonesia, India, China
    • Staff force: ± 500
    • Distributors: 250,000
    • Products: Consumer Goods and Services
  4. A. Principles and Objectives Principles 1. Background 2. Needs 3. HR
  5. A. Principles and Objectives Principles 1. Background & Implications
    • Founders
    • Senior leaders
    • Dedication & commitment
    • Multi-racial, multi-cultural
    • Age, Gender not a barrier
    • Operational culture
    • Operations-intensive
    • Customers and policies
    • Vocal and demanding
    • Flexibility vs. Discipline
    • Systems run operations
    • Hierarchy and status
    • Ad-hoc
    • Project-based
    • Meetings
    • Empowerment
    • Do not dare consult
    • Young talents leaving
  6. A. Principles and Objectives Principles 2. Company’s Needs
    • Succession Planning of Key Leaders – Founding Directors (perpetual business theory)
    • Retention of Key Staff – especially younger ones
    • Transform into a Performance-based organization
  7. A. Principles and Objectives Principles 3. HR Philosophy
    • Equal / Fair
    • Happy / Productive
    • Hire Low, Train High
    • Performance vs Potential
    • SP drives TM
    • Retention / Engagement
    • Talent Pool owned by the company
  8. A. Principles and Objectives Objectives of Talent Management
    • Succession Planning
    • Retention of Key Staff
    • Performance-based organization
  9. B. Strategy Examples
    • CNI Model A: In theory…
  10. B. Strategy Examples
    • CNI Model B: More Practical…
    Business Strategy OJT, Mentoring, Big-5, LP, PDP, SDP, Projects, P/P Grid, SP Table, PDP, Premium, Q12, C&B, ACDP, SCL, Transfers, Events P/P Grid, Q12, PA, SDP, SP Selection Development Motivation Evaluation
  11. C. Attract and Identify 1 year Service E1 and above Finalized by BOD Non-HOD Supported by HOD Decision?
    • Identify
  12. C. Attract and Identify Group I (Talent Pool)
    • Identify
    2 3 4 5 PERFORMANCE 2 3 4 5 POTENTIAL
  13. C. Attract and Identify Group I (Talent Pool) Group II (  Potential) Group III (  Performance) Group IV (Counseling) 2 3 4 5 2 3 4 5 PERFORMANCE POTENTIAL
    • Identify
  14. C. Attract and Identify
    • Attract
      • CNI’s candidate attraction strategy is not strong at this moment.
  15. D. Issues and Challenges
    • HODs unclear
    • HODs disagree/unsupportive of TM
    • HODs not committed to developing staff
    • Functional silos
    • HODs not willing to openly differentiate staff
    • Incompetent superiors/HODs to TP staff
    • Succession plan for specific positions is a moving target
  16. D. Issues and Challenges
    • Difficult to evaluate Performance
    • Difficult to evaluate Potential
    • Aligning TM and SP with Business Goals
    • To the Talent Pool, it is more work, no reward
    • Unsynchronized and unmonitored training and development
    • Difficult for TP staff to allocate time for training and development
    • “Once in, always in” predicament
  17. E. Mistakes and Lessons
    • Succession Planning = business directions
    • CEO’s role
    • Separate HRM and TND departments
    • Measuring Potential is really difficult.
    • Two types of Talent: Leaders and Specialists
    • Openly announcing the Talent Pool - painful!
    • PDP group of rough diamonds
    • Split Leadership Development
    • Official annual ‘Event’
    • TM = Annual Performance Appraisal Discussions
  18. E. Mistakes and Lessons
    • Quarterly Performance Appraisals
    • Change attitude and become arrogant.
    • Create a ‘Premium Group’
    • Projects and OJT assignments
    • HODs = TP caretakers
    • HODs can get isolated and jealous.
    • Under-performing HODs.
    • Rewards
    • Sell and allocate their TP candidates
    • TM = HRM
  19. F. What’s Next?
    • Revamp LP
    • Task Forces
    • Over pay ‘Premium’ from market
    • Give talk in Induction Program
    • Assign talent pool to other Divisional meetings
    • Conduct 'Stay' interviews
    • Start an intranet e-forum
    • Flexi-benefits scheme for TP
    • Survey to select their Top 5 most wanted special benefits
    • Form central committees
  20. F. What’s Next?
    • Develop "XP Database" - similar to a Jobstreet® CV
    • Change Potential Evaluation;
    • Break Talent Pool into Small Groups
    • Social Work
    • New methods for SP
    • 3 months 'acting manager' program
    • Introduce 360° appraisal
    • Reinforce: Mentoring, Specialist Career ladder, E-Learning
    • Maximize Talent using BCG Matrix
  21. Summary
    • Segmented & Targeted
    • Attraction, Retention and Succession
    • STARS ™
  22. Thank You. soft copy of slides: [email_address]

+ Kenny OngKenny Ong, 2 years ago

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