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Developing Talent Solutions Strategy
Aligned with Business Strategies

“Serving as the Tip of the Spear”


J. Craig Mundy
Today’s Business Realities
Sound Familiar?

• Financial market pressure for operational excellence,
   innovation, market expansion/adjacencies and emerging market
   growth
• Market health slowly returning in mature markets ~ growth
   opportunities rest outside of U.S. and Western Europe
• New type of leadership is required ~ global, open, innovative,
  mix of strategic and execution skills
• Businesses are doing more with less ~ including talent
• Difficult decisions are made every day compromising jobs,
   talent, alignment and engagement
Talent Solutions
    Tip of the Spear Concept




    Business Needs              Capability Gaps                     Talent Solutions




Implications of not delivering ~ stakes are incredibly high
• Risk missing financial commitments
• Risk not having accurate data ~ “how can we forecast growth without this
     information?”
•    Risk credibility with C-level ~ “damn HR people can’t even get basic information
     about people right?”
•    Risk losing the right to steer primary business strategy, direction of the company
     and serve as a trusted partner
Making the Business Case for Talent Solutions

•     Ability to attract, develop, retain top talent with the right skills (especially in
      high growth markets) is critical to delivering on our ambitious goals
•     People are our greatest enabler of success – must stop “managing talent”
•     Planning workforce needs for the future:
       –   Determining our strategic gaps
       –   Identifying the best talent
       –   Keeping them engaged

•     Creating standard practices and processes, deploying systems that are
      consistent globally (rather than regionally) and will:
       –   Increase our ability to predict our workforce needs
       –   Accelerate the speed of identifying candidates internally and externally
       –   Quickly assimilate people into new roles and shorten time to being fully productive
       –   Retain and engage our people



    Deliver the right talent at the right time and places based on global growth
       and need – without productivity loss or unnecessary business cost
Making A Vision Actionable
                                                                                                           Vision


Talent Solutions Bull’s Eye Chart                                                                         Mindset

                                                                                                          Actions/
                                                                                                         Behaviors




Vision                                                              Behaviors
                                                More Of                            Less Of
• Company is fueled by highly engaged
people whose outstanding performance            • Recognizing employees            • Top down management
contributes to the company’s market             •More development plans            •Less centralization of decision-
competitiveness.                                •Allowing employees to fail fast   making
                                                (embracing risk taking behavior)   •Unsafe work behaviors
Mindset                                         •Manager/employee                  •Medical claims
                                                empowerment                        •Dysfunctional turnover
                                                •Leading boldly                    •Absenteeism
•Senior leaders laugh + speak from the heart.   •Managers are better talent        •Overburdening our employees
•We have a culture that supports retention      stewards                           •Non-valued added work
and engagement.                                 •Employees having fun              •Feeling guilty
•We empower the business leaders to run         •Innovative ideas feeding the      •Feeling unappreciated
their businesses through expectation setting    pipeline
and accountability.                             •Trust
•We have a risk-taking, innovative mindset      •Pride in the organization
•Talent Stewardship is a core competency of     •Employee advocacy of IR
our people managers.                            •Transparency
•Our employees are competitively rewarded       •More work prioritization
and recognized for their contributions.         (Operational Excellence)
•We embrace fun in the workplace.               •Communication
•Relentless two-way communication.
•Employees are empowered to balance their
work and personal lives.
Talent Solutions Defined




           Workforce Planning       Determine

            Talent Acquisition      Deliver

           Talent Development       Develop

        Retention & Engagement      Empower

       Key Performance Indicators   Track
PRPO Template
PROBLEMS - annoyances                           ROADBLOCKS – major issues/hindrances
What problems do we have getting the work       What roadblocks seem insurmountable?
done?                                           •Our culture is risk-averse and there is low
•We say that engagement is important, but our   tolerance for failure.
leaders don’t actively work to engage our       •Recognition is not deemed as important.
employees.                                      •There is a lack of trust prevalent throughout
•New people managers are not given the skills   the organization (a two-way street).
to be strong talent stewards.
•Managers do not feel empowered.
POSSIBILITIES - ideas                           OPPORTUNITIES - actions
What could we accomplish if we didn’t have      What’s the big opportunity?
these?                                          •A workforce of highly engaged people whose
•Better financial results                       outstanding performance contributes to the
•Higher productivity with existing resources    company’s market competitiveness.
•More innovative ideas                          •Leaders and managers who embrace
•We’d have loyal, proud employees who           employee engagement concepts, actions, tools
promote the organization                        and processes.
•Less dysfunctional turnover
•We will attract and retain key talent
•People will clamor to come work
Maturity Path and Evaluation Forms


                             Key Learning: Present in the
                             Language of the Company
                             • Operational Excellence, Profitable
                               Growth
                             • “The Language of Measurables” is
                               one that leaders can relate
                                – Maturity Path
                                – Evaluation Form
                             • Maturity path and measurable
                               evaluation form for:
                                 – Talent stewardship
                                 – Innovation
                                 – Communication
                                 – Recognition
Business Challenge: Changing Leadership Needs


                   •   Developing a Winning Culture is driven by
                       leadership
                   •   Scarcity of talent resources, not challenging jobs
                   •   Emerging markets looking for local leaders
                   •   High growth businesses entering new markets
                       require new skills
                   •   Engagement is a significant advantage
                        •   Turnover of top talent expected to increase
                        •   Globalization of our business is requiring
                            stronger regional capabilities
                        •   Demographic shifts happening across the
                            world
Top Challenges for Global Leaders


•    Understanding dynamic markets in different regions
•    Managing virtually and across borders
•    Ethical and moral decisions
•    Cultural Differences
•    Effective Team Leadership
•    Humility – Openness to Learn
•    Global Business Acumen
•    Communications
•    Work-Life balance
Multi-Faceted Approach to Developing Leaders



                                          Innovation Team Example




  Leaders to Make Most of Opportunities




          Changing Objectives
Talent Stewardship ~ Core Leadership Accountability

Talent Stewardship Mantra
• Create an environment where every leader
    engages and develops their employees, and
    every employee is engaged in their own
    development.
•    To win, Talent Stewardship must be integrated
     into how we do business.
•    Leaders must steward the talent management
     process on-time and together with their
     employees including:
      –   Goal setting with clear line of site to our mission   “They will create a lot of commitment with you and with
          and vision                                             the company. You will be more committed with your job.
      –   Performance management and development plans           And, it will help you in your development.”
      –   Talent and organizational reviews, and succession
          planning                                              Employee, Latin America

•    Because attracting, retaining and engaging                 “It’s a goal. I don’t want to let my manager down. I want to
     employees keeps us focused on what matters –                achieve that goal, and I want to keep moving forward
                                                                 toward the plan we’ve laid out. So, it definitely gets me
     delivering business results and customer                    more engaged, more involved.”
     satisfaction.
                                                                -Employee, North America
Leader-Led Communications Strategy

 Concept
 • Because managers create engagement … engage managers (L3, L4)
 • Empower them with communications tools, training, processes and
   information (early and often) to engage employees
 • Hold managers accountable for communicating with employees and for
   communicating relentlessly within functions and sites
 • Ask the leadership team to model behavior and to build credibility for the
   engagement and communications processes

             Employees relate locally and functionally first before engaging
                         with a region, business or enterprise –
            align our communications with how employees want to be engaged

 Caveat: Employees want to hear about vision, strategy, direction, progress against goals
                 and large scale changes directly from business leaders

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Developing Talent Solutions Aligned with Business Strategies

  • 1. Developing Talent Solutions Strategy Aligned with Business Strategies “Serving as the Tip of the Spear” J. Craig Mundy
  • 2. Today’s Business Realities Sound Familiar? • Financial market pressure for operational excellence, innovation, market expansion/adjacencies and emerging market growth • Market health slowly returning in mature markets ~ growth opportunities rest outside of U.S. and Western Europe • New type of leadership is required ~ global, open, innovative, mix of strategic and execution skills • Businesses are doing more with less ~ including talent • Difficult decisions are made every day compromising jobs, talent, alignment and engagement
  • 3. Talent Solutions Tip of the Spear Concept Business Needs Capability Gaps Talent Solutions Implications of not delivering ~ stakes are incredibly high • Risk missing financial commitments • Risk not having accurate data ~ “how can we forecast growth without this information?” • Risk credibility with C-level ~ “damn HR people can’t even get basic information about people right?” • Risk losing the right to steer primary business strategy, direction of the company and serve as a trusted partner
  • 4. Making the Business Case for Talent Solutions • Ability to attract, develop, retain top talent with the right skills (especially in high growth markets) is critical to delivering on our ambitious goals • People are our greatest enabler of success – must stop “managing talent” • Planning workforce needs for the future: – Determining our strategic gaps – Identifying the best talent – Keeping them engaged • Creating standard practices and processes, deploying systems that are consistent globally (rather than regionally) and will: – Increase our ability to predict our workforce needs – Accelerate the speed of identifying candidates internally and externally – Quickly assimilate people into new roles and shorten time to being fully productive – Retain and engage our people Deliver the right talent at the right time and places based on global growth and need – without productivity loss or unnecessary business cost
  • 5. Making A Vision Actionable Vision Talent Solutions Bull’s Eye Chart Mindset Actions/ Behaviors Vision Behaviors More Of Less Of • Company is fueled by highly engaged people whose outstanding performance • Recognizing employees • Top down management contributes to the company’s market •More development plans •Less centralization of decision- competitiveness. •Allowing employees to fail fast making (embracing risk taking behavior) •Unsafe work behaviors Mindset •Manager/employee •Medical claims empowerment •Dysfunctional turnover •Leading boldly •Absenteeism •Senior leaders laugh + speak from the heart. •Managers are better talent •Overburdening our employees •We have a culture that supports retention stewards •Non-valued added work and engagement. •Employees having fun •Feeling guilty •We empower the business leaders to run •Innovative ideas feeding the •Feeling unappreciated their businesses through expectation setting pipeline and accountability. •Trust •We have a risk-taking, innovative mindset •Pride in the organization •Talent Stewardship is a core competency of •Employee advocacy of IR our people managers. •Transparency •Our employees are competitively rewarded •More work prioritization and recognized for their contributions. (Operational Excellence) •We embrace fun in the workplace. •Communication •Relentless two-way communication. •Employees are empowered to balance their work and personal lives.
  • 6. Talent Solutions Defined Workforce Planning Determine Talent Acquisition Deliver Talent Development Develop Retention & Engagement Empower Key Performance Indicators Track
  • 7. PRPO Template PROBLEMS - annoyances ROADBLOCKS – major issues/hindrances What problems do we have getting the work What roadblocks seem insurmountable? done? •Our culture is risk-averse and there is low •We say that engagement is important, but our tolerance for failure. leaders don’t actively work to engage our •Recognition is not deemed as important. employees. •There is a lack of trust prevalent throughout •New people managers are not given the skills the organization (a two-way street). to be strong talent stewards. •Managers do not feel empowered. POSSIBILITIES - ideas OPPORTUNITIES - actions What could we accomplish if we didn’t have What’s the big opportunity? these? •A workforce of highly engaged people whose •Better financial results outstanding performance contributes to the •Higher productivity with existing resources company’s market competitiveness. •More innovative ideas •Leaders and managers who embrace •We’d have loyal, proud employees who employee engagement concepts, actions, tools promote the organization and processes. •Less dysfunctional turnover •We will attract and retain key talent •People will clamor to come work
  • 8. Maturity Path and Evaluation Forms Key Learning: Present in the Language of the Company • Operational Excellence, Profitable Growth • “The Language of Measurables” is one that leaders can relate – Maturity Path – Evaluation Form • Maturity path and measurable evaluation form for: – Talent stewardship – Innovation – Communication – Recognition
  • 9. Business Challenge: Changing Leadership Needs • Developing a Winning Culture is driven by leadership • Scarcity of talent resources, not challenging jobs • Emerging markets looking for local leaders • High growth businesses entering new markets require new skills • Engagement is a significant advantage • Turnover of top talent expected to increase • Globalization of our business is requiring stronger regional capabilities • Demographic shifts happening across the world
  • 10. Top Challenges for Global Leaders • Understanding dynamic markets in different regions • Managing virtually and across borders • Ethical and moral decisions • Cultural Differences • Effective Team Leadership • Humility – Openness to Learn • Global Business Acumen • Communications • Work-Life balance
  • 11. Multi-Faceted Approach to Developing Leaders Innovation Team Example Leaders to Make Most of Opportunities Changing Objectives
  • 12. Talent Stewardship ~ Core Leadership Accountability Talent Stewardship Mantra • Create an environment where every leader engages and develops their employees, and every employee is engaged in their own development. • To win, Talent Stewardship must be integrated into how we do business. • Leaders must steward the talent management process on-time and together with their employees including: – Goal setting with clear line of site to our mission “They will create a lot of commitment with you and with and vision the company. You will be more committed with your job. – Performance management and development plans And, it will help you in your development.” – Talent and organizational reviews, and succession planning Employee, Latin America • Because attracting, retaining and engaging “It’s a goal. I don’t want to let my manager down. I want to employees keeps us focused on what matters – achieve that goal, and I want to keep moving forward toward the plan we’ve laid out. So, it definitely gets me delivering business results and customer more engaged, more involved.” satisfaction. -Employee, North America
  • 13. Leader-Led Communications Strategy Concept • Because managers create engagement … engage managers (L3, L4) • Empower them with communications tools, training, processes and information (early and often) to engage employees • Hold managers accountable for communicating with employees and for communicating relentlessly within functions and sites • Ask the leadership team to model behavior and to build credibility for the engagement and communications processes Employees relate locally and functionally first before engaging with a region, business or enterprise – align our communications with how employees want to be engaged Caveat: Employees want to hear about vision, strategy, direction, progress against goals and large scale changes directly from business leaders