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How Talent Management Creates a High Performing Workforce

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Read this presentation to know:

-The need for Talent Strategy
-Fallacies & Facts About the Role of Learning Content in Talent Management
-10x10x10 eLearning Framework: A Model for Creating a Adaptable Global Workforce
-Case study: How GMR has embraced eLearning to train over 4000 employees

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How Talent Management Creates a High Performing Workforce

  1. 1. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.>© 2013, Copyright, 24x7 Learning Private Limited.How Talent Management Creates a HighPerforming WorkforcePresented by Nidhi KhannaL&D Consultant – 24x7 Learningnidhi.khanna@24x7learning.com1
  2. 2. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Need for Talent StrategyCase study: How GMR embraceseLearning to train over 4000employeesCritical aspects of TalentManagement SystemIntersecting Learning and TalentManagementOur agenda….How to build an integrated TalentManagement strategyWhy your company Needs TalentManagementBenefits of Talent ManagementFallacies & facts about the role oflearning content in Talent Management10x10x10 Framework: A Model forCreating a Adaptable Global WorkforceTalent Management Strategy toCreate a Higher-PerformingWorkforce2
  3. 3. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Who we are• 24x7 Learning is India’s largest eLearning consulting, technology andImplementation Company• Established in 2001, 24x7 Learning today is one of India’s Premier TalentLifecycle Management Company, with over 200 of India’s Top companies andMNC’s in its clientele list• In the last decade, 24x7 Learning has touched over 2 million learnersdispersed in more than 35 countries.3
  4. 4. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Top 100 emerging companies in Asia – RedHerring 2006Top 10 emerging companies in India – BusinessToday 2007Listed among NASSCOM’s 100 IT InnovatorsWinner Deloitte Technology Fast 50 India andFast 500 Asia 2007, 2008, 2009Invited by Bureau of India Standards to helpsetup India eLearning StandardsAwardsPC Quest Best Implementation Award 2008 & 2009Highest Performance and Moderate FinancialCapability ~ SE1B CRISIL ratingWe believe that a job done well or a satisfied client is reward enough.24x7 Learnings constant endeavor to innovate and excel has earned itsome prestigious recognition.
  5. 5. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Products and solution offerings24x7LearningEnterpriseSolutions24x7LearnTrakCustomContentCatalogueCoursesContinuingEducationUG & PGProgramsSeniorLeadershipCoursesCertificateCourses5
  6. 6. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Talent management can be defined as“A set of interrelated workforce-management activities concerned with identifying,attracting, integrating, developing, motivating and retaining key people”6What is Talent Management?
  7. 7. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.How to build an integrated Talent Management strategyAligning business strategies with theHR strategiesPerformance planning and evaluationStrategic manpower planningMapping your talent7
  8. 8. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Salient features of a Talent Management strategyAlignment to corporate strategyInclusive versus exclusive approachesInvolving the right peopleFocusing on the talent management loop8
  9. 9. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited. 9TalentAcquisitionVsRecruitmentTalentShortageStrategicimportance ofTalentDevelopmentCritical aspects of Talent Management System
  10. 10. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited. 10Why YourCompanyNeeds TalentManagementWorkforcedemandsandcompositionImprovedEmployeeMorale andRetentionEnhancedEfficiencyLowerExpensesNeed for Talent Management
  11. 11. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Benefits of Talent Management11Right Personin the right JobBetterprofessionaldevelopmentdecisionsBetter HiringRetaining thetop talentUnderstandingEmployeesBetter
  12. 12. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Five fallacies and facts about the role of learningcontent in Talent Management12
  13. 13. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Fallacies & facts about the role of learning content inTalent ManagementFallacy: As a pillar of talent management, learning exists independently of the othertalent management functions within an organization.Fact: Learning is more than a pillar of talent management; it is its essentialfoundation.13
  14. 14. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Fallacy: The platform comes first; we can worry about content laterFact: Content is not an afterthought; it is blood, not water14Fallacies & facts about the role of learning content inTalent Management
  15. 15. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Fallacy: An integrated learning and talent management platform offers the greatestimprovement to learning in an organizationFact: Talent management and learning automation offers a one-timeimprovement; learning content can change behavior on an ongoing basis15Fallacies & facts about the role of learning content inTalent Management
  16. 16. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Fallacy: Targeted learning content precludes an abundant libraryFact: Targeting and content abundance are no contradictions, they arecomplementary16Fallacies & facts about the role of learning content inTalent Management
  17. 17. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Fallacy: All content is created equalFact: Quality matters17Fallacies & facts about the role of learning content inTalent Management
  18. 18. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.10x10x10 FrameworkA model for creating a adaptable global workforce18
  19. 19. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.The 10x10x10 Framework• The 10x10x10 framework is designed to reach all these populations withbite-sized, highly engaging content matched to the individual’s preferredlearning style and time constraints.• A user may have Ten minutes to read Ten minutes to listen Ten minutes to watch19
  20. 20. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Ten Minutes to Read• The first leg of the 10x10x10 framework is targeted at solving thisproblem of providing an opportunity to learn when someone hasjust ten minutes to read• By incorporating an online reference solution that enables users toinstantly search millions of pages of vetted, business-relevantcontent20Books24x7® BusinessPro™is an ideal platform for satisfying members of your audience when they have just ten minutes toread. BusinessPro is arguably the world’s most comprehensive collection of business reference books aggregated online andaccessible through an easy to use and fully integrated search interface.
  21. 21. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Ten Minutes to Listen• The second leg of the 10x10x10 framework targets the audio learner.Progressive learning organizations see these down periods as opportunitiesto provide rich, professionally-produced, name-brand audio content thatbroadens business perspective even as it entertains.21
  22. 22. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Ten Minutes to Watch• The third leg of the 10x10x10 framework is the modality of video. Theadvantages of video are obvious: compelling, engaging, and emotive.• Video, as a medium, excels in its ability to quickly and efficiently allowlearners and the world’s foremost business authorities and leadership gurusto connect where and when needed2250 Lessons are sophisticated, compelling 10-minute or less videos that capture the essential thinking from expertsaround the globe on specific topics spanning the full spectrum of business related topics in management, leadership,personal effectiveness, sales, marketing, strategy and much more.
  23. 23. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.• Putting It All Together• The power of the 10x10x10 framework is its ability to supplement formal L&Dstructures with a learning-nugget approach that has proven effective inreinforcing sustainable outcomes and busy professionals prefer.23
  24. 24. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.In the blended environment, L&Dorganizations can take one of three approaches:• Blending at the Course Level• Blending at the Program Level• Blending at the Learning Environment Level24
  25. 25. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Talent Management Strategy to Create a Higher-PerformingWorkforceA strategic talent management plan allows you to:• Become "proactive" versus "reactive". Fill your critical talent management needs andaddress company and industry changes promptly;• Identify essential skills to be developed in all employees, and minimize training costs byfocusing on key development areas; and• Improve your recruiting process by identifying high-quality candidates using jobdescriptions based upon the expertise of your high performing employees holdinguniquely valued company or industry competencies.25
  26. 26. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited. 26Align Individual Goals with Corporate Strategy• Goal alignment strengthens your leadership and creates organizational agility by allowingmanagers to:• Focus employees’ efforts on your companys most important goals;• Understand more clearly all responsibilities associated with specific goals; and• Strengthen accountability by assigning measurable and clearly articulated goals that arevisible company-wide.Talent Management Strategy to Create a Higher-PerformingWorkforce- organization
  27. 27. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Case studyGMR embraces eLearning to train over 4000 employeesacross 15 Locations27
  28. 28. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.GMR embraces eLearning to train over 4000 employeesacross 15 LocationsAbout GMRGMR is one of the fastest growinginfrastructure enterprises in Indiawith interests in Airports, Energy,Highways and Urban Infrastructuresectors.Business Need• Deliver training to a geographically dispersed employeelearning audience• Centralize the eLearning model for the organization• Custom eLearning courses to provide simulation basedtrainingSolution• Installed 24x7 LearnTrak Learning Management System• Offered 343 eLearning courses to more than 5488 users• Created 5 simulation based, custom e-learning coursesaccording to client needsResults• eLearning courses offered had a completion rate of 98%• Over 5200 unique users completed the courses acrossall 15 locations• Currently 3000+ users are taking online courses• eLearning courses are now linked to each and everyemployees Training plan28
  29. 29. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.Consulting Services Understand the aspects of your organizational structure and culture that impactyour eLearning program Align your eLearning program goals to corporate business objectives Set realistic program goals and success criteria Identify opportunities to integrate e-Learning into strategic developmentinitiatives Effectively communicate about and market your program Measure the success of your e-Learning program29
  30. 30. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.24x7 Learning team consults on the following aspectsPlanningAlignmentBlending & IntegrationMotivation & support for LearnersInternal Communication, Launch (content, plan)Review ongoing30
  31. 31. www.24x7learning.com © 2013, Copyright, 24x7 Learning Private Limited.contactus@24x7learning.comwww.24x7learning.comwww.learntrak.net24x7 Learning Pvt. Ltdlnkd.in/6qD2pYtwitter.com/24x7learningfacebook.com/24x7LearningIndiaUlsoor Lakefront, Bangalore,IndiaPhone: +91 80 4069 910031

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