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Human Resource Management to Strategic Human Resource Management

SHRM - Purpose! “Creating and Adding Value”
Course Facilitator:
Pervez Mobin
Executive Vice President Human Resource Division Summit Bank Limited
Session V IQRA UNIVERSITY

Talent Management? .

2007) The basis for Talent Management is the belief that those with the best people win. . retains. motivates and develops the talented people it needs now and in future'.Strategic Human Resource Management 'Talent Management is a comprehensive and integrated set of activities which ensure that the organization attracts. (Baron and Armstrong .

retain and motivate talent. • Succession Planning: To ensure a supply of people coming through who can key roles in the future.Strategic Human Resource Management Talent Management Familiar elements are: • Resource Planning: Predicting future needs for talented people and making provisions to obtain them. • Performance Management: To identify talented employees and their development needs. . Crafting of an employee value proposition: To make the organization an attractive place to work (EMPLOYER OF CHOICE). Reward Management: To help attract. • • • Management Development: To enhance skills and potential.

growth and competitive advantage. • It involves 'Understanding the strategic position of the organization. • It aligns its policies with the organization's strategic purpose – its competitive strategy and operational .Strategic Human Resource Management Talent Management Strategic Management Process because. making strategic choices for the future and turning strategy into action. • It concentrates on 'Understanding and satisfying the requirements of the business to achieve organizational capability.

Strategic Human Resource Management Talent Management Defined: Activities and processes that involves the systematic identification of key positions which differentially contributes to the organization's sustainable competitive advantage. and the development of a differentiated human resources architecture to facilitate filling these positions with competent incumbents and to ensure their continued commitment to the organization. Collings and Mellahi . the development of competitive pool of high performing incumbents to fill these roles.2009 .

Strategic Human Resource Management What is Talent? .

.Strategic Human Resource Management 'Skills and ability / quality to do something well'.

(CIPD 2007) .Strategic Human Resource Management 'Talent consist of those individuals who can make a difference to organizational performance. either through their immediate contribution or in the longer term by demonstrating the highest levels of potential'.

The rest of the fleet.Strategic Human Resource Management A Disaster off the Scilly Isles “What do we know to be important but are unable to measure?” In the dense fog of a dark October 1707. a tail of Islands off the southwest coast of England. The Admiral Clowdisley Shovell. Professional Seamen like Clowdisley had to estimate progress by guessing average speed.C. one after the another. following blindly behind. Forced to rely on such crude measurement. simply miscalculated his position in the Atlantic and his flagship smashed into the rocks of Scilly Isles. The concept of longitude & latitude had been around since the first century B. Four warships and two thousand lives were lost. Great Britain lost nearly an entire fleet of ships. went aground and piled onto the rocks. the . But by 1700 we still hadn't managed to devise an accurate way to measure longitude – nobody ever knew for sure how far east or west they had traveled. There was no pitched battle at sea.

but his inability / unfitness to measure something that he already knew to be critically important – in this case longitude.Strategic Human Resource Management A Disaster off the Scilly Isles “What do we know to be important but are unable to measure?” What caused the disaster was not the admiral's ignorance. .

. but they have no way of knowing whether or not they are effective at doing this.Strategic Human Resource Management A Disaster off the Scilly Isles “What do we know to be important but are unable to measure?” The same drama is playing out in today's business world: many companies know that their ability to find and keep talented employees is vital to their sustained success.

• The Resourcing strategy • • • • • • • • Attraction and retention policies and programs Talent Audit Role Talent Relationship Management Performance Management Career Planning Management Succession Planning Talent Pool .Strategic Human Resource Management Talent Management Talent Management takes the form of a 'bundle' of interrelated talent management processes that constitute talent pipeline. These processes are all directed to creating and maintaining a pool of talented people with potential.

it has been decided that the organization needs to recruit a Sales Manager to help to support and develop the sales team. Task: Identify the selection process you would propose to ensure that you are able to recruit the right individual to the post of Sales Manager for PQR Company. he/she should understand performance-related pay and be able to motivate a sales team whose major proportion of income depends on sales performance against target. In addition. In view of the continuing expansion of the business. . The person recruited will need to be an effective people manager and have business development experience as well as project management skills.Strategic Human Resource Management Talent Management Case Study: Your are a HR Manager of PQR Company.

Talent Management is the notion of 'bundling' in action. .Strategic Human Resource Management Talent Management Developing a Talent Management Strategy: It consist of a declaration of purpose on how the process should relate together with an objective – to acquire and nurture talent whenever it is and whatever it is needed by using a number of interdependent policies and Practices.

. Talent Management is the notion of 'bundling' in action.Strategic Human Resource Management Talent Management Developing a Talent Management Strategy: It consist of a declaration of purpose on how the process should relate together with an objective – to acquire and nurture talent whenever it is and whatever it is needed by using a number of interdependent policies and Practices.

interest and challenge. • • • . Introducing & managing processes – talent audit and performance management – for identifying talented people and their development needs and assessing their potential.Strategic Human Resource Management Talent Management Components of Talent Management Strategy: It involves: • • • Defining what is meant by talent in terms of competencies and potentials. Defining the future talent requirements of the organization. Designing jobs and developing roles that give people opportunities to apply and grow their skills and provide with the autonomy. Using selection and recruitment procedures which ensures that good quality people are recruited and retained for a reasonable length of time. Developing the organization as an 'employer of choice' – 'great place to work'.

• Developing job competencies and matching them with the job incumbents skills.Strategic Human Resource Management Components of Talent Management Strategy: It involves: • Developing a positive psychological contract. abilities. • Defining. achievement. communicating and developing career paths. Introducing management succession planning procedures that identify the talent available to meet future requirements and indicate what management development activities are required. . • • • Developing a leadership qualities of line managers. Recognizing those with talent by rewarding excellence.. personal attributes in-order to get the right job 'fit'.

Thank You .