praise for strategy-driven talent management … · strategy-driven talent management ......
TRANSCRIPT
Strategy-Driven Talent ManagementOrganizations today understand that superior
talent can create competitive business advantage.
Executives are working with human resource
managers and talent professionals to signifi cantly
improve their organization’s ability to attract, develop,
deploy, and retain the talent needed to achieve the
organization’s strategies. Effective CEOs and senior
leaders are realizing that strong talent resources are as
critical to business success as fi nancial resources.
This book in the SIOP Professional Practice Series
provides an up-to-date review and summary of current
and leading-edge talent management practices in
organizations. A comprehensive book, Strategy-Driven
Talent Management brings together an outstanding
group of leading practitioners who present state-of-
the-art ideas, best practices, and guidance on how
to recruit, select, assimilate, develop, and retain
exceptional talent and integrate talent management
efforts with organizational strategy. Written for human
resource professionals, industrial-organizational
psychologists, and corporate executives, this key
resource is a clear must-read guide to the emerging
fi eld of strategic talent management.
Strategy-Driven Talent Management
• shows how to build competitive advantage
through an integrated and strategic talent
management program
• summarizes what it takes to attract, develop,
deploy, and retain the best talent for the strategic
needs of an organization
• reviews critical issues such as managing talent
in global organizations and measuring the
effectiveness of talent management programs
• includes case examples and CEO interviews
from leading-edge companies such as PepsiCo,
Microsoft, Home Depot, Cargill, and Allstate,
which reveal how each of these organizations
drives talent management with their business
strategies
Ben E. Dowell is an independent tal-
ent management consultant. He was
vice president of talent management
for the Bristol-Myers Squibb Company.
His experience spans 30 years primar-
ily working within companies to align
talent management actions, systems, and processes
with the strategic needs of the enterprise. Dr. Dowell
specializes in talent management processes for senior
leaders including succession planning and manage-
ment, executive selection, and executive coaching.
The Society for Industrial and Organizational
Psychology (SIOP) is a 4,000-member Division
within APA. The Professional Practice Series provides
practitioners and students with guidance, insights,
and advice on how to apply the concepts, research
fi ndings, methods, and tools from I-O psychology to
address human-capital issues in organizations.
Rob Silzer is the managing director of
HR Assessment and Development, Inc.
For more than twenty-fi ve years he has
consulted with managers, HR profes-
sionals, executives, and CEOs from
more than 150 organizations. Dr. Silzer
specializes in executive and management leadership,
assessment, selection, coaching, and development,
and in strategically driven HR systems. He is editor of
The 21st Century Executive: Innovative Practices for
Building Leadership at the Top and co-editor with
Richard Jeanneret of Individual Psychological Assess-
ment: Predicting Behavior in Organizational Settings.
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HUMAN RESOURCESStrategy-Driven Talent Management
SilzerDowelleditors
This essential must-have HR resource offers insight
into the future of strategic talent management, an
extensive annotated bibliography and suggestions for
preparing the next generation of organizational leaders.
“Silzer and Dowell’s Strategy-Driven Talent Management provides a
comprehensive overview of the different elements of the best talent
management processes used in organizations today. This is a valuable
resource for leaders and managers, HR practitioners and anyone involved
in developing leadership talent.”
—Ed Lawler, Professor, School of Business, University of Southern
California
“Talent is the key to successful execution of a winning business strategy.
Strategy-Driven Talent Management by Silzer & Dowell provides a
thorough and very practical guide to building and managing talent based
on the strategic needs of the organization. Business leaders will fi nd this
an excellent resource with many interesting examples and best practices
from leading companies.”
—Herbert L. Henkel, Chairman and Chief Executive Offi cer, Ingersoll Rand
“Thanks to Strategy-Driven Talent Management, we can move from an
attractive idea of talent management to practices that deliver. This book
brings the work of practitioners—the people who are inventing, crafting,
and shaping the fi eld of talent management—to the forefront. Their
collective experiences and insights will certainly enrich your own research
and practice.”
—Cynthia McCauley, PhD, Senior Fellow, Center for Creative Leadership
“It is exciting to see that Rob Silzer and Ben Dowell have given us the
state of the art in 2010 of integrating human resource issues into strategic
management. This volume is a must read for human resource and line
leaders alike. The journey is far from over, but this volume of work will
chart the course for further progress.”
—Noel Tichy, Professor, Management and Organizations, University of
Michigan, Ross School of Business
Praise for Strategy-Driven Talent Management(Continued from front flap)
Cover images © iStock
(Continued on back flap)
Professional PracticeS E R I E S
T H E
Rob SilzerBen E. DowellEDITORS
A Leadership Imperative
A Publication of the Society for Industrial and Organizational Psychology
Strategy-Driven Talent Management
The Editors
Strategy-Driven Talent Management
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The Professional Practice Series
The Professional Practice Series is sponsored by The Society for Industrial and Organizational Psychology, Inc. (SIOP). The series was launched in 1988 to provide industrial and organizational psychologists, organizational scientists and practitioners, human resources professionals, managers, executives and those interested in organizational behavior and performance with volumes that are insightful, current, informative, and relevant to organizational practice. The volumes in the Professional Practice Series are guided by fi ve tenets designed to enhance future organizational practice:
1. Focus on practice, but grounded in science 2. Translate organizational science into practice by generating guide-
lines, principles, and lessons learned that can shape and guide practice
3. Showcase the application of industrial and organizational psychol-ogy to solve problems
4. Document and demonstrate best industrial and organizational-based practices
5. Stimulate research needed to guide future organizational practice
The volumes seek to inform those interested in practice with guidance, insights, and advice on how to apply the concepts, fi ndings, methods, and tools derived from industrial and organizational psychology to solve human-related organizational problems.
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Previous Professional Practice Series volumes include:
Published by Jossey-Bass
Customer Service DeliveryLawrence Fogli, Editor
Employment Discrimination LitigationFrank J. Landy, Editor
The Brave New World of eHRHal G. Gueutal, Dianna L. Stone, Editors
Improving Learning Transfer in OrganizationsElwood F. Holton III, Timothy T. Baldwin, Editors
Resizing the OrganizationKenneth P. De Meuse, Mitchell Lee Marks, Editors
Implementing Organizational InterventionsJerry W. Hedge, Elaine D. Pulakos, Editors
Organization DevelopmentJanine Waclawski, Allan H. Church, Editors
Creating, Implementing, and Managing Effective Training and DevelopmentKurt Kraiger, Editor
The 21st Century Executive: Innovative Practices for Building Leadership at the TopRob Silzer, Editor
Managing Selection in Changing OrganizationsJerard F. Kehoe, Editor
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Evolving Practices in Human Resource ManagementAllen I. Kraut, Abraham K. Korman, Editors
Individual Psychological Assessment: Predicting Behavior in Organizational SettingsRichard Jeanneret, Rob Silzer, Editors
Performance AppraisalJames W. Smither, Editor
Organizational SurveysAllen I. Kraut, Editor
Employees, Careers, and Job CreatingManuel London, Editor
Published by Guilford Press
Diagnosis for Organizational ChangeAnn Howard and Associates
Human Dilemmas in Work OrganizationsAbraham K. Korman and Associates
Diversity in the WorkplaceSusan E. Jackson and Associates
Working with Organizations and Their PeopleDouglas W. Bray and Associates
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The Professional Practice Series
SERIES EDITORSAllan H. Church
PepsiCo Inc.
Janine WaclawskiPepsi-Cola North America
EDITORIAL BOARDTimothy T. Baldwin
Indiana University, Bloomington
Wayne F. CascioUniversity of Colorado
Kenneth P. De MeuseUniversity of Wisconsin, Eau Claire
Jerry W. HedgePersonnel Decisions Research Institute, Inc.
Catherine HiggsAllstate Insurance Company
Kenneth PearlmanLucent Technologies
James W. SmitherLaSalle University
Scott I. TannenbaumState University of New York, Albany
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To the innovators and seekers who see possibilities and have the courage to challenge the status quo to pursue them
—R.F.S.
To my wife, Viki, who has been my understanding partner for over forty years; my daughter, Meggan, who brings me
joy every day; and my grandsons, Ben and Quinn, who are the future
—B.E.D.
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Strategy-Driven Talent ManagementA Leadership Imperative
Rob Silzer and Ben E. Dowell,
Editors
Foreword by Allan H. Church and
Janine Waclawski
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Copyright © 2010 by John Wiley & Sons, Inc. All rights reserved.
Published by Jossey-BassA Wiley Imprint989 Market Street, San Francisco, CA 94103-1741—www.josseybass.com
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600, or on the Web at www.copyright.com. Requests to the publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008, or online at www.wiley.com/go/permissions.
Readers should be aware that Internet Web sites offered as citations and/or sources for further information may have changed or disappeared between the time this was written and when it is read.
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifi cally disclaim any implied warranties of merchantability or fi tness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profi t or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
Jossey-Bass books and products are available through most bookstores. To contact Jossey-Bass directly call our Customer Care Department within the U.S. at 800-956-7739, outside the U.S. at 317-572-3986, or fax 317-572-4002.
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Library of Congress Cataloging-in-Publication Data Strategy-driven talent management: a leadership imperative/edited by Rob Silzer and Ben E. Dowell; with foreword by Allan H. Church and Janine Waclawski.—1st ed. p. cm. Includes bibliographical references and index. ISBN 978–0–7879–8847–0 (cloth) 1. Personnel management. 2. Leadership. 3. Employees—Recruiting. I. Silzer, Robert Frank. II. Dowell, Ben E., 1947- HF5549.S888 2009 658.3—dc22 2009020126
Printed in the United States of Americafi rst editionHB Printing 10 9 8 7 6 5 4 3 2 1
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ix
Contents
Figures, Tables, and Exhibits xiii
Foreword xvii
Preface xxi
The Editors xxix
The Contributors xxxi
PART ONE: General Frameworks
1 Strategic Talent Management Matters 3Rob Silzer, Ben E. Dowell
2 Building Competitive Advantage Through Integrated Talent Management 73Marcia J. Avedon, Gillian Scholes
PART TWO: Key Practices
3 Building the Talent Pipeline: Attracting and Recruiting the Best and Brightest 123Leslie W. Joyce
4 Ropes to Skip and the Ropes to Know: Facilitating Executive Onboarding 159Seymour Adler, Lorraine Stomski
5 Identifying and Assessing High-Potential Talent: Current Organizational Practices 213Rob Silzer, Allan H. Church
6 Developing Leadership Talent: Delivering on the Promise of Structured Programs 281Jay A. Conger
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7 Developing Leadership Talent Through Experiences 313Paul R. Yost, Mary Mannion Plunkett
8 Changing Behavior One Leader at a Time 349Sandra L. Davis, Robert C. Barnett
9 Managing Leadership Talent Pools 399Ben E. Dowell
10 Employee Engagement: A Focus on Leaders 439Jeff Schippmann
PART THREE: Critical Issues
11 Building Functional Expertise to Enhance Organizational Capability 463Suzan McDaniel, Erika D’Egidio
12 Managing and Measuring the Talent Management Function 503John C. Scott, Steven G. Rogelberg, Brent W. Mattson
13 Managing Talent in Global Organizations 549Thomas Ruddy, Pooja Anand
14 Managing Talent in China 595Elizabeth Weldon
PART FOUR: Different Perspectives
15 Take the Pepsi Challenge: Talent Development at PepsiCo 617Allan H. Church. Janine Waclawski
16 Integrated Talent Management at Microsoft 641Paul R. Yost
17 They Can Do It! You Can Help! A Look at Talent Practices at The Home Depot 655Leslie W. Joyce
18 Allstate’s “Good Hands” Approach to Talent Management: An Interview with Ed Liddy and Joan Crockett 669John W. Boudreau
x Contents
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Contents xi
19 A View from the Top on Talent Management: An Interview with Warren Staley, Recently Retired CEO of Cargill Incorporated 699Sandra L. Davis
20 Chief Human Resource Offi cer Perspectives on Talent Management 711Marcia J. Avedon, Stephen Cerrone, Mirian Graddick-Weir, Rob Silzer
PART FIVE: Future Directions for Practice and Research
21 Building Sustainable Talent Through Talent Management: Benefi ts, Challenges, and Future Directions 745Rob Silzer, Ben E. Dowell
22 Critical Research Issues in Talent Management 767Rob Silzer
23 Talent Management: An Annotated Bibliography 781Rob Silzer, Joshua B. Fyman
Name Index 823
Subject Index 835
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xiii
FIGURES, TABLES, AND
EXHIBITS
Figures 1.1 Talent Management Framework 21 1.2 Talent Management Model 22 1.3 Strength of Talent Management Links 29 2.1 The Stages of Talent Management 81 2.2 Excerpt from the Ingersoll Rand
Leader/Manager Index 94 2.3 Talent Stewardship Model 96 2.4 Development as a Three-Way Partnership 103 2.5 Planning Optimal Development Assignments 105 2.6 Customized Talent Management 111 4.1 Socialization as a Multiphase Process 170 4.2 Five-Stage Onboarding Process 173 4.3 Onboarding Program Metrics 197 8.1 A Model of Individual Leader Change 365 9.1 Placement of Talent Reviews in the Annual
Planning Cycle 400 9.2 The Talent Review Cycle 40111.1 Model for Building Functional Expertise 47313.1 Business Strategy Competency Planning Matrix 55313.2 Talent Nine-Box Grid 56315.1 PepsiCo Career Growth Model 62015.2 Talent Management Model 62315.3 Sample People Planning Process 62615.4 Sample People Planning Template Page 62918.1 Allstate’s Transition to New Critical Success Factors 684
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