Talent Management

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Talent Management

  1. 1. TALENT MANAGEMENT CONTEMPORARY PARADIMS MNINGI TALENT SOLUTIONS
  2. 2. PRESENTATION OBJECTIVES  DEFINE TALENT MANAGEMENT  DISCUSS KEY AREAS OF T M  DISCUSS HOW TO WIN THE BATTLE  LEADERSHIP PIPELINE & TM  9 BOX MATRIX  TALENT COMMITTEE CYCLES  TALENT MANAGEMENT CHALLENGES MNINGI TALENT SOLUTIONS
  3. 3. WHAT IS TALENT MANAGEMENT  T M refers to the process of developing and integrating new workers, developing and retaining current workers and attracting highly competent workers.  Derek Stockley “TM involves individual and organisational development in response to a changing and complex operating environment. It includes the creation and maintenance of a supportive, people oriented organisational culture” MNINGI TALENT SOLUTIONS
  4. 4. KEY AREAS OF TALENT MANAGEMENT  Organisational Design  Demand & Supply Analysis  Recruitment Strategy  Succession Management  Leadership and Stars Development  Performance Management  Reward and consequence management  Retention strategy MNINGI TALENT SOLUTIONS
  5. 5. WINNING THE BATTLE OF TALENT  InstilTalent Mind set from the Top  Create employee value propositions that deliver on people great company, job, leaders, compensation. (create brand for your organisation)  Reward and retain high performers  Make room for Talent to grow  Develop people to their full potential MNINGI TALENT SOLUTIONS
  6. 6. LEADERSHIP PIPELINE MNINGI TALENT SOLUTIONS
  7. 7. 9 BOX MATRIX PERFORMANCE (Track record and behaviors ) Not yet full (1/2) Full (3) Exceptional (4) P TURN Ready Later – coach and Ready now for additional Ready now for new level develop, need intensive responsibility e.g. short job 9 O support 4 term assignment 7 T E Develop skills or identify Stretch and test e.g. Ready now for bigger job N GROWTH mismatch for release projects / new 8 T 2 assignments 5 I A MASTER Y Correct or manage release Maximise productivity and upgrade skills or Retain, recognise and utilise as coaches 6 L 1 move 3 Stars (succession pool) Key Players: Underperformers: Are likely to be found in these boxes, Focus on performance to ensure Rigorous performance management focus on development continued value is added required MNINGI TALENT SOLUTIONS
  8. 8. TALENT COMMITTEES  Organisational Performance Review  TalentReview  9 Box Matrix  Coaching  Career Development & ILP  Annual Business Planning MNINGI TALENT SOLUTIONS
  9. 9. TM CHALLENGES  NO IDEAL MODEL HAS BEEN IDENTIFIED  LEADERSHIP RENEGE TO THE PROMISES  ONE SOURCE OF TALENT  NO ONE HAS WON THE BATTLE YET MNINGI TALENT SOLUTIONS
  10. 10. THE JOURNEY OF 1 MILLION MILES BEGINS WITH 1 STEP MNINGI TALENT SOLUTIONS
  11. 11. MNINGI TALENT SOLUTIONS SAYS THANK YOU QUESTIONS MNINGI TALENT SOLUTIONS

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