Adding velocity and alignment to your leadership development efforts. Too much of leadership effort is about throwing seeds and hoping that a strong plant will grow. We dont need one plant. We need many plants
Calculating the return on investment (ROI) of your talent management project is one of the best success metrics you can show - but how to do it?
Join this webinar to discuss the fundamentals of calculating return on investment for your talent management project. This webinar will:
Help you understand the key things to think about when calculating ROI.
Discuss how ROI can help your talent management project succeed.
Show the key components that make up ROI calculations.
Enable you to create an ROI model for your talent management project.
Win The War For Talent Through Best-In-Class Succession Planning, David EdwardsThe HR Observer
Past experience shows that poorly executed succession plans can have an immediate negative impact on company momentum, reputation, employee morale and the bottom line. Any business or public sector organisation, irrespective of its size, should have a strategy to deal with losing talent, whether it’s planned or unplanned. This strategy should not simply be focused on the C-suite, but applied to every level of an organisation. Find out how companies are building effective succession planning with long-term successors as well as short-term replacements in order to maximise business performance and continuity.
This presentation was used at HR Summit and Expo 2013 www.hrsummitexpo.com
Talent Management has gained importance over the years and as long as we need a smooth and uninterrupted flow of business; it is going to be an indispensable part of any HR strategy. Following definition clearly outlines what is Talent Management:
“Talent management is an integrated set of processes, programs, and cultural norms in an organization designed and implemented to attract, develop, deploy, and retain talent to achieve strategic objectives and meet future business needs.”
- Silzer and Dowell
Appreciate to receive your valuable insights in the comments. You may also consider sharing related Quotes known to you in the comments.
Thanks & Regards,
Paradigm shift - Building a new talent management model to boost growthEY
Nearly five years after the financial crisis erupted, a sustained global economic recovery remains elusive. Nothing less than a fundamental change in thinking is required to tackle the talent shortfall.
http://www.ey.com/GL/en/Issues/Driving-growth/Growing-Beyond---Paradigm-Shift---Overview
Our Growing Beyond program explores opportunities across expanding into new markets, finding new ways to innovate & implementing new approaches to talent.
www.ey.com/growingbeyond
Calculating the return on investment (ROI) of your talent management project is one of the best success metrics you can show - but how to do it?
Join this webinar to discuss the fundamentals of calculating return on investment for your talent management project. This webinar will:
Help you understand the key things to think about when calculating ROI.
Discuss how ROI can help your talent management project succeed.
Show the key components that make up ROI calculations.
Enable you to create an ROI model for your talent management project.
Win The War For Talent Through Best-In-Class Succession Planning, David EdwardsThe HR Observer
Past experience shows that poorly executed succession plans can have an immediate negative impact on company momentum, reputation, employee morale and the bottom line. Any business or public sector organisation, irrespective of its size, should have a strategy to deal with losing talent, whether it’s planned or unplanned. This strategy should not simply be focused on the C-suite, but applied to every level of an organisation. Find out how companies are building effective succession planning with long-term successors as well as short-term replacements in order to maximise business performance and continuity.
This presentation was used at HR Summit and Expo 2013 www.hrsummitexpo.com
Talent Management has gained importance over the years and as long as we need a smooth and uninterrupted flow of business; it is going to be an indispensable part of any HR strategy. Following definition clearly outlines what is Talent Management:
“Talent management is an integrated set of processes, programs, and cultural norms in an organization designed and implemented to attract, develop, deploy, and retain talent to achieve strategic objectives and meet future business needs.”
- Silzer and Dowell
Appreciate to receive your valuable insights in the comments. You may also consider sharing related Quotes known to you in the comments.
Thanks & Regards,
Paradigm shift - Building a new talent management model to boost growthEY
Nearly five years after the financial crisis erupted, a sustained global economic recovery remains elusive. Nothing less than a fundamental change in thinking is required to tackle the talent shortfall.
http://www.ey.com/GL/en/Issues/Driving-growth/Growing-Beyond---Paradigm-Shift---Overview
Our Growing Beyond program explores opportunities across expanding into new markets, finding new ways to innovate & implementing new approaches to talent.
www.ey.com/growingbeyond
Strong Leaders at all levels within an organization are a requisite for business success. Yet the leadership pipeline –internal architecture for growing leaders is often broken or
nonexistent. This updated edition of the bestselling book has been revised to help address the challenges of today’s business environment. Anchored in experience based case studies, this
remarkable book synchronizes a proven model for planning leadership succession and development for corporate organizations. The Second edition is an improvement based on
learning and review of the authors who have drawn their work at more than one hundred international companies over a period of ten years since the first edition of the book with the same title was published. The book under review is addressed to the leading corporate organizations, where the succession path of leaders/ chief executives is being formulated & executed on a continuous basis to perpetuate the organization and make it strong and robust while facing trials and tribulations of corporate growth and success.
http://go.galegroup.com.libraryresources.columbiasouthern.edu/ps/retrieve.do?tabID=T002&resultListType=RESULT_LIST&searchResultsType=SingleTab&searchType=AdvancedSearchForm¤tPosition=7&docId=GALE%7CA55412182&docType=Column&sort=Relevance&contentSegment=&prodId=AONE&contentSet=GALE%7CA55412182&searchId=R6&userGroupName=oran95108&inPS=true
Building leadership skills
Max Messmer
Strategic Finance. 81.1 (July 1999): p10+.
Copyright: COPYRIGHT 1999 Institute of Management Accountants
http://www.imanet.org
Listen
Abstract:
The latest survey by Robert Half International Inc on 150 executives from the largest US firms indicates that they consider leadership skills the most valuable asset in managers. Reality suggests that leadership is both a natural and acquired skill. Actively nurturing leadership skills in promising employees and providing them with opportunities to further their career will benefit all firms. Five practical steps are suggested that will enable firms to help develop leadership skills among their employees.
Full Text:
An assistant controller for a textile manufacturer in the south was asked recently to assume some of the training and development functions for his department. It was a challenging role for two reasons: The firm was in the midst of significant expansion, including opening additional plants and offices in two nearby states, and turnover has been an issue in recent years. Its rapid growth combined with a higher-than-average employee turnover rate elicited concerns that the company wasn't doing enough to actively develop future leaders.
In a recent Robert Half International survey of 150 executives from the nation's largest companies, leadership skills were identified as the most valued asset in managers. Some believe that leaders are born, not made, while others think that leadership is a quantifiable set of skills and ways of thinking that can be taught. Reality lies somewhere in between. While certain people do appear to have innate management capabilities, there are others who possess an identifiable potential that can be nurtured successfully. Actively cultivating leadership skills among promising staff members ensures that employees groomed to lead and manage have an in-depth knowledge of a firm's processes and long-term goals as well as a feel for its corporate culture.
Once leaders are developed, you don't want them to leave. By fostering an environment in which employees are given the means to enhance their management abilities and to continually expand their responsibilities, companies leave room for career growth, a key motivator and retention tool. Let's investigate five practical steps you can take to help develop leadership skills in your department.
1 Provide formal training. No effective leader can function without an in-depth comprehension of how the organization works. Through orientations and training seminars, you can help each employee understand the significance of his or her function in the ...
Unlocking Potential- Empowering Leaders through our Dynamic Leadership Develo...AmanKumarSingh97
This article delves into the essence of a potent leadership development program, exploring its pivotal role in unlocking the untapped potential of aspiring leaders.
Cracking The Leadership Pipeline Development Strategy CodeWorkforce Group
Knowing how to build a leadership pipeline is, of course, the biggest challenge that business leaders face today.
Therefore, planning the business’s future and getting the right people with the right attitude and skills is important.
Establishing a strong leadership pipeline requires an ongoing investment of time and energy. But when built properly, it’s more than worth the cost. A strong leadership pipeline is a talent magnet. It standardises development efforts, motivates employees, and fosters a long-term commitment to the organisation.
In this deck, you’ll learn how organisations can develop leadership at every level by identifying future leaders, assessing their potential, planning their development, and measuring their results.
You’ll also learn;
Understand the concept of a leadership pipeline and its significance in organisational success.
The strategies for developing an effective leadership development pipeline
Importance of a leadership pipeline in achieving long-term organisational goals
The leadership pipeline model.
Running head TALENT MANAGEMENT STRATEGY .docxtoltonkendal
Running head: TALENT MANAGEMENT STRATEGY 1
TALENT MANAGEMENT STRATEGY 9
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An HR team without a talent management strategy and plan fails to perform its role. In fact, an organization with such an HR team does not give talent management activities the importance they require (Khatri, Gupta, Gulati, & Chauhan, 2010). The hardest part in designing a talent management is getting started with the plan. An effective talent management strategy should map out the goals and priorities of an organization and tie them to its strategic plan. The current analysis will formulate a six step talent management approach to encompass an organization with two hundred people in which twenty are identified leaders. The talent management strategy will include identifying organizational goals, identifying organizational drivers and challenges, identifying gaps, defining HR priorities and goals, conducting an inventory of the talent management processes, and measuring the results and communicate success.
The first step is to identify organizational goals and priorities. The organization should identify its strategic high-level goals and priorities. The leaders should examine whether there are any upcoming changes, initiatives, or directions for the company. In the case of any new directions, the leaders should identify and list each one of them. The second step is identifying the organizational drivers as well as its challenges. Every business has both internal and external challenges. The challenges could include a highly competitive job market, results from an employee satisfaction survey, new or changed regulations and legislation, and new technology.
Thirdly, the organization required to conduct a gap analysis. Here, business leaders should compare where the organization is today with where they want it to be. Besides, it is essential to consider the risk and address the gaps in the company. For example, an organization that wishes to be ranked first in the industry for customer satisfaction needs to identify its current rating on customer satisfaction. It is only then that the business will identify the gap between its current rating and the kind of rating required to make it the leader in customer satisfactions. The risk of failing to improve the customer satisfaction rating might be a drop in sales or the market share.
Fourthly, business leaders should define the HR priorities and goals of the company. The HR goals should be based on the goals, challenges, and gaps that were identified in the previous steps. The identified goals ought to be specific, measurable, achievable, relevant and time-bound (SMART). Additionally, the HR goals should be linked to the applicable corporate goals. The HR team should introduce measures in the implementation stage to determine the effectiveness of the strategy. It is critical to ensure t ...
Building an outcome driven high ownership companyBrowne & Mohan
What does it take a build company where every employee owns the quality of their outcomes and productivity , every act is purpose driven. What elements of a workplace make an employee to willingly own and contribute more to her job?. In this paper Browne & Mohan consultants presents the mechanisms that can be used to build an high ownership and outcome driven company
The Bounce is our guide to maximizing career trajectories. The Business Learning Institute has researched the competencies needed for career success as a CPA, CGMA, and Finance / Accounting Professionals. The Bounce serves as a framework that builds a career ladder that shows the transition from technical mastery to leadership proficiency.
We start with a simple 5 x 5 matrix of competencies and job levels, adjust for specific needs and priorities of the organization and customize a curriculum that offers a blended approach to talent development. This can be expanded based on the sophistication and needs of the individual or organization.
The Bounce framework shows the progression of a career and helps answer the two biggest questions raised by top talent: 1) What does my career look like in your organization? 2) How will you help me advance in my career?
BLI can help design a curriculum based on competencies mapped to the job titles and progression along the bounce trajectory. Contact us for more information tom@macpa.org or pam@macpa.org
For more information visit us at http://www.blionline.org
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Velocity in leadership development
1. www.talentonic.com
|
talentonicmethodologies
TALENTONIC RESEARCH DIVISON
|
Ignition & Velocity in Leadership
Development
“…the impetus to achieve in the market place is an accurate
calibration of the leadership development efforts. People become
leaders by doing real work”.
2013
This document and the methodologies mentioned are the property of Talentonic HR Solutions (Pvt) Ltd,
and may not be used, copied or forwarded without the written consent of the Company.
2. www.talentonic.com
Ignition & velocity in Leadership Development
Context & Background
1
The Global Human Capital Study has a section which is called “revealing the leadership gap - future growth at
risk.” The results are frightening and despite the economic slowdown of the last few years the reality of gaps in
leadership pipeline still haunt many organizations.
A lot of this has to do with riding the wave and ignoring the changing work environment and emerging global
context in terms of its impact on the development needs of middle management. Even if we park the threat aside,
there are other reasons why organizations should be investing in such programs.
There is no other way of correcting the “inverse stocking of capability” where younger employees coming out of
school are more adjusted to the needs of global enterprises as compared to middle and senior management. And
finally, it remains the best method of telling employees that you care, and that an investment in their development,
makes good business sense.
The Leadership Model
Talentonic’s Leadership model (Fig1) is about creating
ignition and velocity into the process of developing
effective leaders for the requirements of the business.
The approach is integrated, drawing its relevance from
what is needed by the business for its future growth
and marrying that with the current status of leadership
at various levels.
Ignition & velocity are principally created by following
six core process steps.
1. An understanding of the preferred future:
It is true that “Without opportunities there are no
leaders”. The process of developing leaders gets
its energy and relevance from business plans,
achievements, market forces and challenges. This
creates the drive to achieve and to find/ develop
competent leadership. At the end of the day the
impetus to achieve in the market place, the
desired market share or the desired business
performance is an accurate calibration of the
leadership development efforts. People become
leaders by doing “real work”.
2. Creating a leadership model
A Leadership model which is aligned to the
business model. What is your proposition in the
market? What makes you unique? And are you
developing the leadership which is skilled to
deliver to that promise. What are the current
leadership archetypes?
Figure 1: Talentonic Leadership model
1
Conducted by IBM in 2010
"You want your leaders to be the kind of people
who embody the promises your company makes
to its customers. In recent years, thousands of
3. Develop the core skills required by the
business.
1
3. www.talentonic.com
companies have spent millions on their own
corporate universities, yet most have failed to
develop true leadership bench strength. That's
because in too many cases the approach to
leadership training is detached from what the firm
stands for in the eyes of customers and investors.
Rather training is the same from company to
company, regardless of whether the company is a
fast food chain or an aerospace contractor. Longterm success depends upon making a critical
distinction. A focus on leaders emphasizes the
personal qualities of the individual; leadership
emphasizes the methods that secure the ongoing
1
good of the firm.” - Dave Ulrich
For example: A Car Manufacturer with strong focus
on
product
differentiation
and
innovation.
Essentially, premium quality and features ahead of
the market.
and discourages repeatability and routine. If it has
more of this leadership, then it will be able to
compete better and grow the business.
Is your leadership development delivering your
business outcome or result?
3. Develop the
business.
core
skills
required
by
the
Use the above inputs to create consistent content
which calibrates with the business and is
comprehensive from the standpoint of leadership
development. This, truly, creates the leadership
development model, provides direction to the
program and visibility for the employees about their
leadership journey. It creates the “brand” which
employees take pride in and powerfully
demonstrates the commitment to training.
What leadership does it need?
It needs a leadership, which creates a strong
sponsorship
for
innovation
and
product
development. Removes fear of failure and
encourages “market in” processes. Excels in project
management and product development functions
This development of core skills needs to be at the
“self level”, “manager level”, “business level” and
the “transformation level”. (Figure 2)
Figure 2: The development framework
1
Dave Ulrich. Building a leadership brand, HBR July-August 07
2
4. www.talentonic.com
www.talentonic.com
4. Delivering the content
change momentum is maintained, particularly in
organizations swamped with daily operational
challenges. This provides practical shape to the
core skills and makes use of the multiple delivery
systems in a phased manner. Each phase needs
to be defined with activity type, timelines and
responsibilities
There are multiple systems for delivery of
development content. These systems of delivery need
to be well coordinated with an understanding of the
agenda which needs to be covered and how best the
content is delivered in an environment where there is
freedom to express and adjust.
Delivery
mode
Description
Duration/
Frequency
Training
sessions
Leadership
development
programs on
the four
modules in
larger groups.
3 days
once in
every six
months
Workshop
interventions
Introduction to
tools by experts
in smaller
groups at
location.
4 hours a
week
On Site
Coach /
supervisor
review
Follow up
discussions &
reflections with
an experienced
coach
1 hour a
week
On Site
Individual
learning
Additional
readings, take
home tasks
1 hour a
week
On site
Location
6. Respond to the needs of the career model
Patching leadership development into the career
model is critical. What are the alternate career
models which the organization offers? More
commonly, these will be
Off site
(a) business leadership
(b) functional leadership &
(c) technical leadership
The challenge here is to match the organization
need with the career aspirations of employees.
While this is a challenge which sits outside the
scope of conventional leadership development, it
nevertheless needs to be addressed.
Can the leadership development journey be seen
as delivering only a pipeline of business
leadership? What about delivering operational
and technical excellence?
More of the talked about challenges of leadership
step from problems of succession at the CXO
level and therefore ignore the development efforts
required for alternate career paths However,
development of alternate career paths will
sometimes require a reengineering of HR policies.
Figure 3: Content Delivery
5. Tightly project manage the program
Tight program management (Fig 4) to ensure that the
1
Enhance self
awareness through
360 degree and MBTI
2
LDP on leading self
and leading others
1st IDP formulation &
discussion with coach
& supv.
3
4
5
Identification of project Workshop on business Second 360 degree to
to facilitate action,
planning and financial
check progress.
analysis
LDP in leading
Supervisor and coach
business
review of progress
6
LDP on leading
transformation.
Workshop on
entrepreneurship
Figure 4: Project steps
3
5. www.talentonic.com
The challenge lies in how the enterprise assigns
value to the career paths. From an employee
standpoint this “value” manifests through
(a) designations and organizational hierarchy
(b) compensation & reward
(c) membership of organizational governance
structures
Executive committees, which are perceived
to carry influence at the policy making level.
Technical leadership is the one which feels
left out of this value chain with the focus on
developing a broad based business
leadership.
7. Review internal PMS & TD processes
Having a strong history of performance
management & talent identification processes
certainly adds velocity to the leadership
development program. It helps in two ways.
(a) It ensures a number of definitional issues about
performance & potential have already been
dealt with.
(b) Also, the leadership team is calibrated on
issues of talent and a fair amount of consensus
already exists.
This certainly helps as you launch the program.
Sometimes organizations will depend upon
external assessment support to drive this process.
Summary & next steps
In summary, follow the following steps to march with
velocity on your path to leadership development
1
Articulate the preferred future
2
Identify the leadership
archetypes.
3
Develop content for the “core
skills”
4
Design use of multiple delivery
mechanisms
5
Tightly project manage the
program
6
Respond to the needs of the
career model.
7
Review internal PMS & TD
processes
4