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Management
By Alex Raymond
Twitter: @afraymond
LinkedIn: http://www.linkedin.com/in/afraymond
Email: alex@kaptasystems.com
Contents
About the Author
Contents
Kicking Ass and Taking Names in Talent Management
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Wrap-Up
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Kick-Ass Talent Management | Kicking Ass and Taking Names in Talent Management
This e-book will take you through the process of building a Talent
Management strategy and picking and using a software tool to help
you. The materials here are based on my ten-plus years in the talent
management industry and the lessons Ive learned along the way.
Ive worked with all sorts of organizations on their Talent Management
strategies and software tools. That includes healthcare companies and
government agencies in the US, consulting and insurance firms in the UK,
retailers in Australia, and industrial companies in China. And Ive learned
a lot along the way: what to do and what not to do, and how to make this
process smooth and efficient.
Its always tough to roll out a new process or change the way your
company thinks about its most important asset (i.e. the workers) but
its a really rewarding thing to do. This is how HR earns its place at the
executive table and becomes a real partner to the business.
Kick-Ass Talent Management | Kicking Ass and Taking Names in Talent Management
Part 1:
An Introduction to
Talent
Management
The second reason people quit their jobs is that they dont like their boss.
And that tends to be a failure of the company, not a failure of the boss.
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Identify
Succession
Planning
Recruit/Hire
Learning/
Development
Retain
Assess/
Perf. Appraisal
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Talent
Management
Part 2:
&
The Company
Another key factor to remember during the recession (or at any time really)
is to prevent costly turnover whenever possible. In order to do so,
roles/positions will need to be redefined through effective performance
management initiatives. A balanced approach in improving the produc-tivity
level and adding perceived value to the employees role will counter the
negative impact of the economic downturn, and maintain positive morale of
existing employees.
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Tying together the loose ends of the puzzle and bringing all
the components in concert under one umbrella will alleviate
the pressure of the performance appraisal.
Communication is another enhancement of implementing a Talent Management tool.
Unfortunately, managers dont often take the time (or have the time)
to sit down and truly have that one-on-one with their employees to let
them know what theyre doing well, what they may need to improve
upon, and just the overall happenings of the organization. The manager
now has the ability to see what the employee is doing, what he or she
has worked on toward their goals and can make comments.
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positive impact!
Kick-Ass Talent Management | Talent management & The Company
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Implementing a
Talent Management
strategy will
answer each of
these questions if
done in the correct
manner.
A
re we providing our employees with the tools they need to be
successful and perform the tasks being asked of them?
Believe or not, the answer to these higher level strategic questions can be solved by using a strong
Talent Management tool. These software tools come with many different names (Employee Performance
Management System, Talent Management System, Business Execution Software, etc.) but despite the varying
names they all have the same major features and functions.
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How do we determine
deficiencies in the
organization?
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Part 3:
Talent
Management
the
System
of the recession.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
26
G
oal setting/workforce planning establishing hiring plans, comp budgets,
and targets for the year
Recruitment the process of bringing people to the organization
P
erformance management implementing a process of measuring and managing
employees on a consistent, specified basis
3 60 degree feedback a type of performance appraisal in which the subordinates
and peers of a manager would give feedback on that persons performance as a
manager. (In other words, payback is a bitch if youre a poor manager.)
Compensation ensuring that the employees salary/benefits are aligned with business
goals/objectives, so as to be used an incentive for performance
L earning and development a plan designed to align advancement and training needs
of an organization, and the training needed to meet those needs
Succession Planning the process of moving employees to different positions as they
process on a particular path
E xit strategies making sure your ducks are in a row when a person does leave a
position or your company has to leave a particular situation
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Thats an exhaustive list and most HR managers would love to have a coherent
and holistic Talent Management strategy backed up by solid software. And some
companies are lucky (and rich) enough to have all these components in place.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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How do you go about getting a solution that works and fits your company?
Before you even think of getting RFPs and allowing
software companies to come in for formal presentations,
make sure you toss around a few ideas with your team
and get through at least one cycle on paper. Perform a
mini-needs assessment, so to speak, as it relates to what
youre seeking to accomplish with this Talent Management
strategy. It might not sound important now, but once you
see everything written it helps you get a better idea of what
your needs are (hence the title). This will in turn make your
decision for determining which software is the best fit for
your organization a little easier.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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(the select group of individuals that will represent your target population. This will most likely
be a few select employees, managers of your various departments, and VPs/Senior leaders)
(Will you conduct surveys, open forums, focus groups, etc to gather your information?)
Data analysis
Decision making
(How you interpret your findings into correcting your organizational needs)
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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SO NOT IMPORTANT
The chart gives you a good starting point for figuring out what youll need
your system to do. Dont strive for perfection the first time around
youre far better off getting started and learning as you go. Otherwise, the
temptation to design by committee can be too strong and you can find up
delaying your Talent Management project by months or even years.
Have a story to share about
choosing the wrong system?
Leave me a comment.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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I know I promised to refrain from using clichs but, keep it simple. You need to
make sure that the software is user-friendly on both ends of the spectrum.
Reporting
Some of the systems out there will have the ability to run every report
under the sun. They could probably tell you how many people in your
organization are left-handed Taurus with a strong affinity for seafood.
Are you getting value
from your existing Talent
Management software?
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Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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They also have to think back over the past year as to what developmental goals
theyve met and the outcome. Then going forward, they have to think of new
goals to set for themselves and how they plan on achieving them. In theory its
all well and good but to the employee, the whole process can be quite taxing.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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They swoop in and seemingly take charge of a situation that may not
require their expertise. Youre the expert! You know your organization
and what your needs are. Dont fall prey to fancy marketing techniques
and the promise of unquantifiable results. Youll end up spending tons
(and I do mean tons) of money on people that probably only spent a
couple of weeks researching your organization, and carving you into a
niche that may or may not even fit what youre seeking to accomplish.
I guess I am knocking consultants.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Theyll
just get in the way.
Because you will have chosen a software that is a great fit for your
organization, you will have to identify exactly what it is that you want
your system to do. After youve gone that far, youve basically done
the leg work, right? Right. So why not do it yourself?
The software you purchase needs to reflect the growing needs of your organization,
not what was happening 15 years ago. The nineties are over, why buy a legacy
software application that was designed in 1999 or earlier!
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Also, dont listen only to your IT team when making your final decision. Yeah,
theyre great and they keep your IT infrastructure running but no matter what they
tell you, external/cloud hosting is more secure than your own facilities (unless
youre the CIA or Citibank). It just is.
When doing your shopping, make sure the product is something you
like and enjoy using. You have to want to use it to get best results.
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You have to make sure the vendor you choose is able to provide
you with all the reporting and analysis capabilities you require.
Think of the long-term goals of implementing this system. Youre seeking to
identify the best way to get the right people in place to hold certain positions,
and to assist them in their growth throughout the organization, while also getting
optimal results for the company. As the organization begins to use the system,
its important to correctly analyze various metrics in order to ensure that youre
on target for meeting those goals.
There are several must-haves in terms of reporting capabilities.
Turnover is one of them. We talked a little about how expensive
turnover is. Once you have an idea of what your turnover is, you
can begin to analyze the drivers, when it peaks, where its the
heaviest (department, age group, etc), and things of that nature.
Even if you dont make use of a formal ATS (applicant tracking
system), there should still be recruiting reports available. This will
actually work in conjunction with the turnover analysis; additionally,
it will help you identify lag time in the recruiting process and maybe
assist with the simplification of that process as well.
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Whittling
down. Once youve compared your needs to your budget,
you should be in a good place to quickly eliminate a lot of the products
either based on lack of features (that suit your needs) or too high of a price
tag. After youve gotten rid of the ones that wont work for you, make your
list in order of rankingthe product that seemingly fits more closely to what
you need, and work your way down.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Something to add?
Leave me a comment.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Other input.
Final answer.
The final once over. After youve made your decision, be sure to review the
information youve received from the vendor thoroughly. Again, when in doubt
ask questions. Make sure there are no hidden fees, no gaps in the contract, and
make sure you know what you are looking at in terms of pricing for support,
maintenance, training, etc
Establish a timeline.
Remember that Talent Management usually follows a cycle and the busiest times of
the year are January and July. So when you are looking at your project make sure to
plan appropriately and implement in September or March!
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you are able to get it right, what happens after the guy that builds the
software leaves the company? He may not have passed on any information
or left behind anything that would help the next guy coming in. Also, what if you
change your IT infrastructure? Will your system be easily integrated into whatever
new system youre choosing? Not to mention the time and money that would
have to be put into maintenance.
the level of customization available with some of the software out there.
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And dont take for granted the expertise that your vendor brings with them.
Theyve done this a few times and probably have some pretty good insight
to offer. And most of them should offer best practices for free, so you dont
have to pay for their professional services.
What to expect
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occasion, they will give you the runaround if you allow them to.
If vendor promised you 5th Avenue treatment but you feel like youre on skid row,
dont hesitate to let them know that theyre not meeting your expectations.
Make sure theyre following through on their promises and not under-delivering.
If at the end of your contract, you still dont see any improvement then its time
to move on. Their job is to make sure you, the customer, are completely satisfied
with the service they provide.
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Your vendor should always been willing to lend their ear when you have
questions, complaints, or arent satisfied with any of their product offerings.
And if they dont, theyre not looking out for your best interest.
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Is your organization
a good customer?
Leave me a comment.
Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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Kick-Ass Talent Management | Software to the rescue. The Talent Management System
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What are some key things to remember when choosing the software?
Not to be fooled by pretty colors and fancy animations, reporting and
analysis functionality is crucial, well developed performance management
model, and must have an intuitive user-friendly interface.
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Talent
Management
Tools & Resources
The days of depending on Monster to provide you with quality candidates are over.
Those candidates are actually viewed as lazy job seekers today. The most innovative,
creative people out there are on Facebook, Google+, Twitter and LinkedIn. Take
advantage of the free age of the Internet and post positions on the various Social
Networking sites.
Give your applicants a centralized location to apply for positions that holds all pertinent
information about that applicant. This allows you and the applicant better control of the
process from start to finish.
Paper Schmaper
Do yourself and everyone involved a favor and get rid of those old paper performance
appraisals.
Dont make the mistake other organizations have made and lose good people by not
paying them what theyre worth.
Work on initiatives that offer employees options that allow them to spend time outside of
the office, while still feeling as though they are filling their obligations at work.
Invest in the growth and education of your employees. Consider tuition reimbursement
programs and/or allow them to obtain certifications as they relate to a particular position
or career path within the organization.
Other best practices to share? Send me a comment.
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You know something is broken. Dont assume things will get better
they havent so far. Do something about it before its too late.
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Yes, youre the final decision makers but dont shove anything down
your employees throats. Keep them informed in the happenings of the
organization and allow for feedback. You never know how beneficial
their input may be to you.
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Addressing resistance
Even though you will have listed very strong points in pleading your case,
there will most certainly be pushback. The key here is to address the issues
before they can ask. What are some of the questions that youll be facing?
The most obvious is the cost factor. Youve already touched on the cost of
turnover. Continue to reiterate that the cost of not having the tool is much
greater than the cost of getting the systemthis relates to money as well as
time, addressing growing business needs, etc
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Stating conclusions
After youve made all your points and addressed any resistance they
may have had, you want to drive it all home by restating what it is
youre seeking to accomplish by implementing this system. Reiterate
the importance proper Talent Management will have on the organization
ultimately, while also simultaneously enhancing the employee experience.
This a lot to take in so to help you out, here is a brief checklist of things
to take with you when you shop your vendors. Remember, this is only
the basics but look at this checklist in conjunction with the guidelines
above as a way of weeding out the ones that dont even meet your basic
qualifications.
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Vendor Checklist
Company Name:
Contact Person:
Customization
Yes
No
Yes
No
Yes
No
Yes
No
Implementation
Tell me about your implementation
process.
Training
Is it easy for the lay-person to use?
Can we train ourselves with self-service resources?
Do they cost money?
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Wrap-up
You made it!
Talent Management is one of the biggest and most
important business trends in the world right now. As
an HR professional, you are at the forefront of business
strategy if youre putting a Talent Management program
in place.
I hope Ive shown you that its not as hard as it seems
at first. The most important thing is to get started now.
Youll learn along with the way and be able to make
changes as the needs arise.
If you spend the whole time planning, you run the risk
of missing the boat, losing your best people, and being
eclipsed by your competitors. The market for talent is
hyper-competitive and great people navigate toward
great organizations.
And by the way, this is what we do at my company
Kapta Systems. We build software to support Talent
Management for companies for all sizes. Our tools are
really easy-to-use and we built them so they require no
training and no consultants to implement. When youre
ready, come take a look at www.kaptasystems.com.
Keeping in Touch
Facebook:
http://www.facebook.com/kaptasystems
Twitter:
@afraymond and @kapta
LinkedIn:
http://www.linkedin.com/in/afraymond
Email:
alex@kaptasystems.com
Tel: +1 720 231 8378
More resources available at
www.kaptasystems.com/blog
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