ws 1: talent planning in support of sustainable human ...fhrd.org/fleximanager/uploads/ftp/ally...
TRANSCRIPT
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Ally Weeks
HR Consultant at CIPD
WS 1: Talent Planning in Support of Sustainable Human Capital Strategies
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Talent Planning in support of sustainable human capital
strategiesAlly Weeks MCIPD
CIPD
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• Volatile• Uncertain• Complex• Ambiguous
The world of work
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Talent planning – critical concepts, principles and evidence-based outcomes.Latest initiatives to enhance human capital strategies:• Session 1 – Workforce planning• Session 2 – Succession planning• Session 3 – Talent management
Agenda for Workshop
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• Right People with the Right skills• Right roles at the Right time
• Right cost
Resourcing & Talent planning
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Workforce segmentation
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Workforce planning
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Structured approach?
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Crystal ball gazing ?Crystal ball gazing?
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• Workforce planning –whole workforce• Succession planning – business critical roles• Talent management & development – identify talent pools and
opportunities for development
Confusion of labels
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Understand the organisation and the environment
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• Segmentation:• Skills• Generations• Roles• Behaviour patterns• Turnover / exits• New hires
Analyse your current and potential workforce
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• Capabilities, competencies and technology
• Past data sets
• Current needs
• Future needs
Determine your future workforce needs
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Identify workforce gaps against future needs
1. Need higher than available people
2. Negative gap
3. Skill gaps
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Address shortages, surpluses and skills mismatches• Build
• Buy
• Borrow
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Monitor and evaluate actions
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• Identify 2 Corporate Strategic Aims• What are the People Implications?• What data or evidence can you rely on to predict what change
is required?
Group activity
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Succession planning
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• Identify business critical positions• Define capabilities• Identify possible successors• Provide focused development• Regularly review
Succession management planning
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Talent management
Exclusive Inclusive
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Who would describe their TM strategy as progressive?
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What does a progressive TM strategy mean to you?
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TM - Evolve, Refresh, Disrupt?
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REFRESH DISRUPTDefine talent as critical segments that will drive competitive advantage
Define talent as the disruptors, innovators and game changers
Enterprise approach to building depth of talent Sector wide approach to building depth of talent against critical skills in short supply
Have a hybrid process of self and leader nomination against future capabilities for internal talent identification
Blend the organisation to suit great talent, rather than bending the person to the job
Combine talent and D&I processes into an integrated whole, which is driven from the point of view of ‘person fit’
Link engagement to the realisation of individual purpose, connecting seamlessly with the D&I and well-being agenda
Anchor career plans to individual ambition Talk career not development
TM - Evolve, Refresh, Disrupt?
Reimagining TM, Korn Ferry
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REFRESH DISRUPTHave boards that demand to know whether the top team understand the capabilities needed for the future
Have boards focused on whether the organisation has enough people with the right capabilities for the future, rather than on replacement-based succession
Conduct talent reviews on an annual or biennial basis Conduct talent reviews when triggered by the needs of the business
Holds leaders accountable for building succession depth and measure them accordingly
Hold leaders completely accountable for their succession with their own progression being impacted if not successor is agreed
Encourage everyone to wear two hats, one specialism related and one related to the business or line
Deploy agile teams to enable scaling up or down to suit the needs of the business
TM - Evolve, Refresh, Disrupt?
Reimagining TM, Korn Ferry
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Step 1: Create your strategy and
road map
Step 2: Involve your stakeholders
in the design of your approach
Step 3: Use a robust structure to
drive transformation
TM – gearing up for the transformation
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Good luck