Talent 2020: Next In Line - Don't Gamble with Your Future Leaders

Copyright © 2015 Talent Plus® | Lincoln, Nebraska
Talent 2020 Webinar Series
“Next In Line: Don’t Gamble on Your Future Leaders”

Private and Confidential
All materials constituting this presentation (the “Materials”) are confidential and proprietary property solely owned
and copyrighted by Talent Plus ®, Inc. (“Talent Plus”). The Materials are intended for use only by the individual or
entity that receives the Materials directly from Talent Plus (the “Recipient”) and such individuals associated with the
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Recipient without the express written permission of Talent Plus.

Speakers
Libby Farmen, M.S.
Chief Consulting Officer
Talent Plus®
Mark Bertsche, M.S.M.
Director of Leadership
Consulting and Education
Talent Plus®
Annie Manganaro, M.S.
Leadership Consultant
Talent Plus®

Next In Line: Don’t Gamble on Your Future Leaders
Talent 2020 Webinar Series

Registration Question
On a 1‐10 scale (with 10 high),
how confident do you feel about
your company's current
succession plan?

Registration Answers
4.5%
4.5%
12%
10.6%
24%
13.6%
18.2%
6%
3%
3%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%
1 (What succession plan?)
2
3
4
5
6
7
8
9
10 (Very confident)
On a 1‐10 scale (with 10 high), how confident do you feel about
your company's current succession plan?
Percent Responded
91% Response Rate

What’s Driving This Discussion?
+ The number one reason why succession plans fail – and how
you can get it right.
+ The critical elements to mapping out a sustainable
succession plan for companies who are focused on growth.
+ How each area of your business will be impacted by the
succession planning decisions you make today, and what
you can do about it.

Importance of Intentionality
Photo: MoneySupermarket.com
“When a company has a strong talented bench,
understands it and intentionally develops it, it fuels
success more quickly.”

Importance of Intentionality
“When a company has a strong talented bench,
understands it and intentionally develops it, it fuels
success more quickly.”
Photo: http://www.123rf.com

Top 10 Human Capital Strategies
1 Provide employee training and development
2 Raise employee engagement
3 Improve performance management processes and accountability
4 Increase efforts to retain critical talent
5 Improve leadership development programs
6 Focus on internally developed talent to fill key roles
7 Enhance effectiveness of the senior management team
8 Improve effectiveness of front line supervisors and managers
9 Improve corporate brand and employee value propositions to attract talent
10 Improve succession planning for current and future needs
Source: The Conference Board, 2014
CEOs’ Human Capital Strategies
Global
N=738 Human Capital Strategies 2014

The Case for Internal Development
90
80
70
55
50
Success Rate for
External Hires
Success Rate for
Internal Promotions
10
15

The Sad Reality
Source: Global Leadership Forecast 2014/2015
http://www.123rf.com

Poll
What type of succession planning model
best describes what your company is currently using?

Performance‐ Versus Potential‐Based Succession Planning

4 Steps to Successfully Practice Succession Planning
Photo: http://web.viapeople.com/viaPeople‐blog/bid/98586/Replacement‐Planning‐or‐Succession‐Planning‐The‐Perfect‐Combination

What’s So Cool About Aptitude Testing?

Step 1: Assess Your Talent

Step 2: Understand the Data

4‐D Scatterplot Versus 9‐Box Grid
TopPerformer
Candidate A
ModeratePerformer
Candidate B
Candidate C
Candidate D
Candidate E
LowPerformer
Candidate F Candidate G
Low Talent Moderate Talent Top Talent

Reshaping the Role of HR – Deloitte 2015 Human Capital Trends Study
Source: http://www2.deloitte.com/global/en/pages/human‐capital/articles/introduction‐human‐capital‐trends.html

Step 3: Synthesize Results for Action Planning

Step 4: Implement for Growth

In Conclusion…

New Whitepaper – Hotel Management Magazine and Talent Plus®

Thank You for Joining!
+ Connect with us online.
+ www.talentplus.com
+ LinkedIn, Facebook, Twitter,
YouTube
+ Have questions? Call us.
+ 1.800.VARSITY
+ Email your Talent Plus
contact or
info@talentplus.com

SAVE THE DATE – Next Webinar
May 6, 2015 at Noon CDT

Companies are Known by the People They Keep®

Talent 2020: Next In Line - Don't Gamble with Your Future Leaders

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