This document discusses talent management and developing talent within organizations. It provides several key points:
1) Talent management involves recruiting, hiring, retaining, and developing top employees. Organizations must understand their strengths and what potential recruits seek in order to develop an effective employer value proposition.
2) Developing talent takes significant practice - Malcolm Gladwell's research found it takes around 10,000 hours to develop expertise in a field. Case studies of successful people show they spent extensive time honing their skills.
3) Responsibility for an organization's talent management strategy depends on its culture and structure, but may involve both centralized and decentralized approaches. The goal is to identify and nurture the potential in all employees.
Procter & Gamble open innovation approach Ideon Open
Presented at the Hands On Open Innovation workshops, this presentation explains why such giant as P&G engages in open innovation. P&G shares its approach to open innovation called Connect & Develop and reveals lessons the company has learned from applying open innovation practices.
More info about the event at http://www.ideonopen.com/events
Sparking Creativity And Fostering Innovation Biz Library WebinarBizLibrary
We know innovation is important. In this new webinar, you\'ll learn about the critical elements to an "innovation ecosystem" that - if present and nurtured - will enable your organization to encourage the creativity of your employees and foster a culture where innovative ideas turn into profitable solutions.
Procter & Gamble open innovation approach Ideon Open
Presented at the Hands On Open Innovation workshops, this presentation explains why such giant as P&G engages in open innovation. P&G shares its approach to open innovation called Connect & Develop and reveals lessons the company has learned from applying open innovation practices.
More info about the event at http://www.ideonopen.com/events
Sparking Creativity And Fostering Innovation Biz Library WebinarBizLibrary
We know innovation is important. In this new webinar, you\'ll learn about the critical elements to an "innovation ecosystem" that - if present and nurtured - will enable your organization to encourage the creativity of your employees and foster a culture where innovative ideas turn into profitable solutions.
Sparking creativity and fostering innovation biz library webinarBizLibrary
We know innovation is important. In this new webinar, you'll learn about the critical elements to an "innovation ecosystem" that - if present and nurtured - will enable your organization to encourage the creativity of your employees and foster a culture where innovative ideas turn into profitable solutions.
In today's hyper-competitive economy, talent cultivation is the only sustainable competitive advantage. An accelerating pace of change, new technologies, and the expectations of millennials are disrupting your business. Discover how to thrive in the midst of these challenges by leveraging the convergence of work and learning to cultivate your next generation of leaders.
Overview of what it takes to conceive and execute a startup idea; where entrepreneurial ideas come from; dispelling some myths about entrepreneurship; short case studies and examples of different types of startup success.
Watch this expert-led webinar to learn effective tactics that high-volume hiring teams can use right now to attract top talent into their pipeline faster.
Sparking creativity and fostering innovation biz library webinarBizLibrary
We know innovation is important. In this new webinar, you'll learn about the critical elements to an "innovation ecosystem" that - if present and nurtured - will enable your organization to encourage the creativity of your employees and foster a culture where innovative ideas turn into profitable solutions.
In today's hyper-competitive economy, talent cultivation is the only sustainable competitive advantage. An accelerating pace of change, new technologies, and the expectations of millennials are disrupting your business. Discover how to thrive in the midst of these challenges by leveraging the convergence of work and learning to cultivate your next generation of leaders.
Overview of what it takes to conceive and execute a startup idea; where entrepreneurial ideas come from; dispelling some myths about entrepreneurship; short case studies and examples of different types of startup success.
Watch this expert-led webinar to learn effective tactics that high-volume hiring teams can use right now to attract top talent into their pipeline faster.
Accelerating AI Integration with Collaborative Learning - Kinga Petrovai - So...SocialHRCamp
Speaker: Kinga Petrovai
You have the new AI tools, but how can you help your team use them to their full potential? As technology is changing daily, it’s hard to learn and keep up with the latest developments. Help your team amplify their learning with a new collaborative learning approach called the Learning Hive.
This session outlines the Learning Hive approach that sets up collaborations that foster great learning without the need for L&D to produce content. The Learning Hive enables effective knowledge sharing where employees learn from each other and apply this learning to their work, all while building stronger community bonds. This approach amplifies the impact of other learning resources and fosters a culture of continuous learning within the organization.
Aashman Foundation Summer Internship .docxAmanHamza4
The internship opportunity I had with “Aasmaan Foundation” was a great chance for learning and professional development. Therefore, I consider myself a very lucky individual as I was provided with an opportunity to be a part of it. I am also grateful for having a chance to meet so many wonderful people and professionals who led me though this internship period.
I am using this opportunity to express my deepest gratitude and special thanks to “Munish Pundir” “Director “who despite being extraordinarily busy with “her/his” duties, took time out to hear, guide, and keep me on the correct path and allowing me to carry out my internship at their esteemed organization.
I further want to thank Prof. Shikha Gera, who helped me to better understand concepts of professionalism and become a better person and employee in my life.
I would also like to thank my parents and friends who helped me a lot during my life and this internship period. I perceive this opportunity as a big milestone in my career development. I will strive to use gained skills and knowledge in the best possible way, and I will continue to work on their improvement, to attain desired career objectives. Hope to continue cooperation with all of you in the future.
3. Talent..a
warmer
• In 1910 a young man of 26 left university
with a poor degree.
• He was considered unqualified to teach at
secondary school.
• He was about to become an insurance
salesman but his talent was spotted by a
great scientist of the day who recruited
him
• Both have made a huge contribution to
the modern world..
8. What is talent?
• Individuals or group of people with a natural aptitude for jobs within
a company
• Staff with the potential to be very good at something
• …natural ability to learn and grow
9. • Talent management is an organisation's commitment to recruit, hire,
retain, and develop the most talented and superior employees
available
10. • Our assets walk out of the workplace every
night …..
And our job is to make sure that they love
coming back every morning…what keeps me
awake at night?
Narayan Murthi, Infosys
11. • Malcolm Gladwell wrote a book: “Outlier”
• Forget the idea of talent…. We all have it…10 000 hours of practice
required to develop talent
• Beatles (played for many years in a small pub in Hamburg)
• Bill Gates (Many hours at Aiken Lab at Harvard)
• David Beckham ( spent many hours as a boy with his father)
• Tiger Woods (same thing)
12. • Bill Gates spent many nights in the Aiken Computer Centre (Harvard
University) working 36 hour stretches. His roommate said, “ Bill had a
monomaniacal quality. He would focus on something and stick with it.
He had the dedication to master whatever it was he was doing….
(Mintzberg and Quinn, 1996, The Strategy Process, Prentice Hall, p.193)
13. • Gladwell’s view is controversial
• Where does talent come from?
• Nature v. Nurture debate
14. • Bill Gates
• Einstein
• David Beckham
• Tiger Woods
• Beatles
ALL HAD ONE THING IN COMMON
15. • All were having fun doing what they were doing… not doing it for
money ..or only for money
16.
17. Employer Value
Proposition (EVP)
• In developing the EVP, we need to understand
our company’s strengths, what the target
group of recruits may be looking for and what
rivals have to offer
22. • Define the Employee Value Proposition: Why should the individual
work for us?
Strengths Needs of Target group Competitors’
strengths
EVP
A A
B B B
C C
D D D
E E E
32. Who should the company target?
• Active seekers: Read Job Ads, visit career fairs,
apply actively
• Passive seekers: Have a job, quite content but
may be open to new offers
• Non-seekers: Not interested in a new job
opportunity
33. How to reach the seekers?
Active and passive ways of talent acquisition
Poach
recruiter
Guerilla
Competitive
intelligence
X Factor
34. • Poach recruiter: Sun Tzu (2500 BC) said to weaken your enemy poach
their soldiers. Hire rival’s recruitment expert or indeed their staff
35. For example
• Tony Blair thinks that to solve the PPE problem in NHS , supply chain
management experts need to be recruited from other industries (retail).
Active search required
38. Question
• University campus recruiting is usually passive (e.g. company sends
the university a few posters to bring to the attention of students).
How can a company make campus recruiting an ACTIVE process ?
• Make 4 suggestions
39. Who should be responsible for the talent
management strategy?
• Depends on the culture, history, structure of the company
• Centralised or Decentralised?
• Theory: Hard and Soft HRM (Storey)
• (RSA Motivation)
• Resource-Based View (Barney)
• Harvard Model of HRM
• Drucker
• Townsend