accenture analytics overvie accenture research with analytics practitioners, released march 2013,...
TRANSCRIPT
Accenture Analytics November 2013
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Today, we’re speaking analytics within and across all industries
with an accent on differentiation and business services
H&PS
CMT
Financial
Services
Cross-Industry
Products Resources
Accenture - We Speak Analytics: http://www.youtube.com/watch?v=vg6oF-042X4
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The Power of Assessment and
Development Center in Maximizing Talents
A Walk-Through for Talent Developers
27 November 2013
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There is a surge in the use of predictive analytics, and a shift
toward data-driven insights
• Three times as many companies use predictive
analytics now vs. 2009
• But, desire exceeds capability and demand
exceeds supply
• 60% say internal customers want prediction of
trends, not just reporting on them
• 25% of companies rely on data “to a great
extent” for new ideas, double that from
2009
• 62% say quicker, more effective decision
making is a top priority for use of analytics
• Only 39% say the data they generate is
relevant to the business strategy
Note: Findings from Accenture’s Analytics Adoption Research, 2013 (US, UK)
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C-level executives recognize that data is an essential asset
and that analytical insights drive business performance
Source: Accenture research with analytics practitioners, released March 2013,
“Analytics in Action: Breakthroughs and Barriers on the Journey to ROI”
2 out of 3 appoint Chief Analytics or Chief Data officer
High level of commitment
2 out of 3 using Predictive Analytics to run business
Open to external partnerships
7 out of 10 are open to external insight providers
8 out of 10 recognize that they will have to tap external data sources
1 out of 5 believe they are getting the ROI from analytics
Only 2 out of 5 believe that their organization has access to the right data
Clear lack of alignment to core business processes
Recognition of gaps to achieving value
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Assessment Center Defined • An assessment center consists of a standardized evaluation of
behavior based on multiple inputs. • Multiple trained observers and techniques are used.
• Judgments about behaviors are made, in major part, from specifically
developed assessment tools and activities
• These judgments are pooled in a meeting among the assessors.
Source: Guidelines and Ethical Considerations for Assessment Center Operations. Task Force on
Assessment Center Guidelines; endorsed by the 17th International Congress on the Assessment Center Method,
May 1989.
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Essential Features of an Assessment Center
• Systematic methods of recording behavior
• Assessors prepare behavior reports in preparation for integration
• Integration of behaviors through: Pooling of information from assessors and
techniques “consensus” discussion
• Multiple observations made for each dimension
• Multiple assessors used for each candidate
• Assessors trained to a performance standard
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Expected Outcomes
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• Determine the individual and group profiles of the managers for BPO and Technology
• Identify the differentiating factors between high and low potentials
• Identify the significant strengths and developmental areas per batch
• Determine initial benchmarks for the differentiating competencies
• Determine the other growth and derailing factors demonstrated by the managers beyond Accenture’s competencies
• Propose training and non-training interventions for identified developmental areas
• Evaluate the Assessment Centre methodology and process and how it can be improved in the future
PROGRAM METHODOLOGY
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THREE PHASES
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Phase 1: Pre-Workshop
Program Development & Customization
Competencies and Assessment Methodologies
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GROWTH FACTORS
Leadership Promise Propensity to Lead, Brings Out the Best in
People
Personal
Development
Orientation
Receptivity to Feedback, Learning Agility
Mastery of
Complexity
Adaptability, Conceptual Thinking,
Navigates Ambiguity
Balance of Values
and Results
Culture Fit, Passion for Results
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Over-
confidence
Typically self-confident and see themselves as leaders
but they often fail to listen or understand their own
limitations, eventually becoming despotic.
Over-
dependence
Usually viewed as agreeable and easy to work with, as
good followers; but they may also be risk-adverse,
lacking in influence and weak when faced with high
demands.
Micro-
management
Tend to be good administrators, methodical and attentive
to detail; but they may be inflexible and rule-following
and tend to try to manage others too closely.
Iconoclasm Likely tough-minded and able to break with
conventionality; but they may be insensitive to others,
even anti-social and unethical in their behavior.
DERAILING FACTORS
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Assessment Activities
1) Online Assessment
2) Solo Case Study/In-Basket
3) Team Activities
4) Dyads
5) Presentation
6) Behavioral Event Interviewing
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Scoring Methodology of SHL Online Assessment Tools
• SHL uses percentile ranking to score the performance of a candidate on each
test (international norm)
• Percentile Ranks are a way of describing how an individual’s test performance
compares to performance of other people on the same test
• It is a number that reflects a percentage of scores that are below the score in
question
Example
Candidate Score: 90th Percentile
Interpretation: Examinee scored higher than 90% of all test
takers for that test
January 2007
Personality Profile
• RELATIONSHIPS WITH PEOPLE • Persuasive • Self-Control • Empathic • Modest • Participative • Sociable
• THINKING STYLE • Analytical • Flexible • Innovative • Structured • Detail Conscious • Conscientious
• FEELINGS AND EMOTIONS • Resilience • Competitive • Results Orientated
• Energetic
1 2 3 4 5 6 7 8 9 10
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Employee Motivation sample report
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Activity: Collaboration with Subject Matter Experts to identify actual demonstrations of competencies (+ and/or -) on the job.
Output: Cases for assessment tools and exercises that have industry-specific scenarios.
Customization
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PHASE II: CONDUCT OF THE ASSESSMENT CENTER
Total no. of days: 2
• Carried out away from the job setting
• Series of multiple assessments
• Multiple observers
• Each participant is observed by as many of the
observers.
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Assessment Workshop
Role Plays
Team Activities
Interview
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Conduct of the Workshop
Workshop (max of 8 pax per assessment day) Time Activity
8:00 – 10:00 Case Study 10:00 - 11:00 Team Activity 1 (Mancom Mtg) 11:00 - 11:30 Team Activity 2 (Investment Activity) 11:30-12:00 Lunch Break 12:00 - 12:30 Coaching (Assessees 1, 3, 5 and 7) 12:30 – 1:00 Coaching (Assessees 2, 4, 6 and 8)
1 - 2:30 Presentation/Interview (Assessees 1, 3, 5 and 7) 2:30 - 4:00 Presentation/Interview (Assessees 2, 4, 6 and 8) 4:00 - 5:00 Calibration
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Phase 3: Post-Workshop
Report Generation & Program Evaluation
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One on One Feedback Session
• The results of the assessment are communicated to the immediate superiors and participant.
• Discussions on: – Strengths
– Developmental Areas
– Recommended Avenues for Development
• The participants are also invited to comment on the assessment.
• Debrief Report
Recommendations
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Suggested People Measurement Components
Potential
Business
Strategy
Performance/Results: ‘Past’ measures
1. Performance metrics
2. Track record
Competencies e.g.
1. Behaviours
2. Skills
Potential e.g.:
1. Motive
2. Personality
3. Values
4. Cognitive
Competencies
Results
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Person 1 Person 2
Results
Competencies
Potential
Today’s
Provider
Tomorrows
Star
Competencies Potential
Results
Business
Strategy
Visual Decision Board
Below average / Development Area
Average
Above average / Strength Area
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R&D Customer
Management
Sales &
Marketing
Organisational
leadership
Senior Manager
Middle Manager
Operational
Management
TP MV
JP SJ SK BB
HF MF ML
PB SC NT JN SM
FW FB BM AS
IR KE ZP JB SB LC MC
PS
AT VS
The power of three…..The Talent Board
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“I am convinced that nothing we do is more important
than hiring and developing people. At the end of the
day you bet on people, not on strategies.”
Larry Bossidy
Execution: The Discipline of Getting Things Done
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MEASUREMENT MATTERS:
If you cannot measure it…
you cannot manage it.
Robert Kaplan and David Norton