What Highly Talented People Want

1,858 views
1,731 views

Published on

BY VIKASH CHAUHAN(IIPM DELHI)

Published in: Education, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,858
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
40
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

What Highly Talented People Want

  1. 1. TALENT DEVELOPMENT PRESENTED BY: KAPIL SAHI KARAN KAPOOR MUKUL PUNEET MEHTA RAHUL GUPTA RIDHIMA VIKASH
  2. 2. <ul><li>WHAT IS TALENT DEVELOPMENT? </li></ul><ul><li>Talent Development , part of human resource development , is the process of changing an organization , its employees , its stakeholders , and groups of people within it, using planned and unplanned learning, in order to achieve and maintain a competitive advantage for the organization </li></ul><ul><li>Talent Development encompasses a variety of components such as training, career development, career management, and organizational development, and training and development </li></ul>
  3. 3. What Highly Talented People Want : <ul><li>To work in a “winning”organization </li></ul><ul><li>To work with other “top talent” </li></ul><ul><li>To be constantly challenged </li></ul><ul><li>To be offered development opportunities </li></ul><ul><li>To be individually recognized and rewarded </li></ul>
  4. 4. <ul><li>DEVELOPMENT </li></ul><ul><li>Development = challenging job assignments + experiences + </li></ul><ul><li>programs + coaching + mentoring </li></ul><ul><li>• Learning doesn’t “just happen” – it must be extracted from </li></ul><ul><li>experience. </li></ul><ul><li>• Development must be integrated with personal career </li></ul><ul><li>management and organizational development </li></ul><ul><li>• Development must take place when there is a felt-need for it: </li></ul><ul><li>just-in-time and in-the-right-place. </li></ul><ul><li>• Development of Hi-Pos must be on their time-track. </li></ul><ul><li>• Development should be corporately directed and funded </li></ul><ul><li>through “tax” or “levy”. </li></ul>
  5. 5. TALENT BREEDERS <ul><li>Recruit and select high potentials even if they’re hard to handle </li></ul><ul><li>Coach for skills development </li></ul><ul><li>Mentor for career development </li></ul><ul><li>Give totally candid feedback on performance </li></ul><ul><li>Create stretch assignments </li></ul><ul><li>Reward and reinforce success </li></ul><ul><li>View failure as a learning opportunity and help their people to learn from failure. </li></ul>
  6. 6. Key Roles in Talent Development <ul><li>EXECUTIVES </li></ul><ul><li>Talent Development Leadership </li></ul><ul><li>Commitment AND personal Involvement </li></ul><ul><li>Living the talent development cultur </li></ul><ul><li>Consistency and constant Reinforcement </li></ul><ul><li>HRM </li></ul><ul><li>• Benchmark truly best practices </li></ul><ul><li>• Show your executives what can be done and how exciting it is to do it </li></ul><ul><li>• Design and develop the systems that enable the talent developmentthrust to work </li></ul>
  7. 7. <ul><li>6 Practices of Top Talent Companies </li></ul><ul><li>Specify their talent needs </li></ul><ul><li>Attract the right people </li></ul><ul><li>Select very carefully </li></ul><ul><li>Establish a talent development culture </li></ul><ul><li>Corporately manage the talent </li></ul><ul><li>Enable the talent management process through HR systems </li></ul>
  8. 9. <ul><li>Common Mistakes in Talent Development </li></ul><ul><li>Not identifying needed talent. </li></ul><ul><li>Developing today’s talent for yesterday’s needs. </li></ul><ul><li>Confusing knowledge and skill with judgment and wisdom. </li></ul><ul><li>Hiring mediocrity. </li></ul><ul><li>False positives/negatives in assessment stage. </li></ul><ul><li>Unwillingness to recognize burn-out. </li></ul><ul><li>Staying too long with poor choices. </li></ul><ul><li>Trying to make general leaders out of talented specialists. </li></ul><ul><li>Failure to prune under-performing talent . </li></ul>

×