Professional Documents
Culture Documents
1
Talent Development in New Norm
Presented by Grace Chan
20 October 2021
2
High Impact Talent Management Framework
Talent Strategy & Business Alignment
Engagement Change Management Systems Integration
Strategy Strategy Strategy
Skills Development
5
Source : Josh Bersin 6
What is Talent?
We measure Talent in 2 dimensions: Potential & Performance
Potential Performance
7
What is Potential?
u Demonstrate willingness to take on deliverables beyond expectation and have
focus to achieve important long term business results.
u Display personal commitment and aspirations to learn and develop.
Aspiration Agility
Aspire to take
on additional Potential
load to achieve
business results
8
Why Classified Talent?
To classify employees from performance and potential
perspective which can assist to:
• Differentiate talent to develop, reward and retain them
accordingly
• Enable managers to identify leadership potential and take
necessary steps to retain them
• Identify suitable talent for accelerated development plan
• Plan targeted learning and development experiences that an
employee needs at a certain level
• Identify suitable candidate for critical positions
• Assess each employees readiness to move up the career ladder
9
Identification of Talents
• Should have a track record of significant, definable
accomplishments
• Are “consistent” strong performers
• Process strong leadership qualities
• Are innovative, independent decision-makers,
ambitious and aggressive
• Are capable in pushing forward and accomplish tasks
• Have expertise and abilities essential to the
organization
• Have been with the organization for more than 1 year
10
Talent Classification Matrix
Under Achiever (UA) Consistent Star (CS) Future Star (FS)
Has skills and abilities that Has outstanding leadership Has outstanding leadership
High
are a good fit for current role capabilities and strong aspiration to capabilities and strong aspiration
and has potential to progress move into senior position to move into senior position
upwards, however Performance has consistently meets Performance has consistently
performance in current role expectation. meets and exceeds expectation.
is failing below expectation.
PREPARED FOR FUTURE ROLES
(IMPROVE IN CURRENT Model Citizen (MC) Upcoming Star (US)
ROLE OR REASSIGN) Has critical skills, knowledge and Has critical skills, knowledge and
abilities but with limited potential
Medium
performance is continuously Limited potential to move upwards, but lateral move likely. A good
below expectations/has performer : achieving and sometimes exceed expectation.
disciplinary issues.
(BAD HIRE/REPLACE) (IMPROVE IN CURRENT ROLE/RECONSIDER)
Competency
Personality tools Reasoning Tools
Assessment Tools
Personal attributes
Cognitive Style Leadership
(strengths , challenges,
motivation, etc) Competency
Types of Tools:
Types of Tools:
* Hogan Personality Inventory Types of Tools:
* Lominger Voices 360 Degree
* Thomas International’s PPA * Hogan Business Reasoning
* DDI’s Behavioural Event
(DISC) * Thomas International’s TST
Interview (BEI)
* Myers-Briggs Type Indicator * PreVisor Ability Tests
* Hay Group’s Targeted BEI &
(MBTI) * Hay Groups’ Verbal &
Case Studies
* Talent Q * Numerical Reasoning
* Wave
* Cut-e
12
Individual Development Plan
Learning & Development Activities
Projects/Task
Force
Mentoring &
Training/Education
Coaching
Feedback/360
Executive Visibility Degree
Assessment
“Stretch “ Job
Assignment
* Cross Functional Job Expansion
External (more
* Jumps in scope responsibility in
Involvement
* Start current job)
Ups/Turnarounds
* International
13
Approach to Talent Development
70% 20%
Work Experiences Feedback/
Relationship 10%
(On the job) Training
(Mentoring/
Coaching) (Formal)
16
Adapted from “The Leadership Pipeline” by Ram Charan, Stephen Drotter and James Noel (Jossey-Bass, 2001)
Talent Development Program
Leadership Succession Interventions
Passage Pools
Enterprise
Leadership
CEO
Top Business
Mgmt Leadership Leadership
Assessment and
Succession
Tier 1
Development
Planning Development
Program
Heads of Result
Division Leadership Career Managerial
Tier 2 Development Development
Team Program
Middle
Management Leadership Executive
Career
Tier 3 Development Development
Program
Self
Executives Leadership
Adapted from “The Leadership Pipeline”by Ram Chran, Stephen Drotter and James Noel (Jossey-Bass, 2001) 17
Benefits of Establishing a Talent Development Plan
Provides framework to align leadership with strategic needs of
01 the organization, development of executive/management staff
18
Keys to Success For Talent Development Plan
01
Involvement by Executive Management and Board is
critical for development and support for Succession plan
03
Does not have to be complicated – minimize
paperwork, minimize bureaucracy
19
Learning & Development Plan
for the New Norm
• Empathy
Soft Skills • Resilience
• Agility & Adaptability
• Innovation & Creativity
Cognitive Skills • Information processing
• Decision making
• Building existing role
Upskilling, Reskilling &
• Learn new skills of different role
Cross Functional skilling
• Overall knowledge-Multi Skills
• Work Life Integration
Mental Well-being • Emotional connect
• Social connect
• Digital Transformation
Technology • Artificial Intelligence, Machine Learning,
Data Analytics
• Automation
20
Keys to Success For Talent
Development Plan
Talent Development Plan Should include:
• Clearly defined specific goals
• Plans to align and support organizational mission, values
and strategic initiatives
• Identification of future talent requirements
• Logistics of how successors are chose, elected and replaced
• Roles of CEO, GM, Board, Executive Management, HR, etc.
• Honest assessment of internal strengths and identification
of external needs – clear path
• Investment in Plan, Investment in People
21
Take Away
• Start planning – discuss with Executive Management
• Know your vulnerable spots
• Ensure strong job descriptions
• Ensure strong performance management
• Ensure compensation structure is competitive to
attract and retain appropriate talent
• Ensure rewards, recognition, and engagement are in
place to retain key talents
22
23