21 Century Talent Management Ebook
21 Century Talent Management Ebook
21 Century Talent Management Ebook
Talent Management:
Thriving in the New Workforce and New Workplace
Josh Bersin
Principal, Deloitte Consulting LLP
New Technology
Social Tools,Analytics
5 Borderless 3
Need for Improved HR skills and
21st Century capabilities. Workplace
Models of Team Model
Leadership of Work
4
Specialization
Contingent Work
New Job &
Career Models
PM Process
Handling Retirements Manager Interview Skills
Redefining HR Roles
Managing Contingent
Workforce Wellness Programs
Understanding
Global Culture
Meeting Multigenerational
Localizing HR Needs
Service Model
Talent Mobility
Across Regions External Peer Networking
PM Process
Handling Retirements Manager Interview Skills
Preparedness
Retaining
Diversity & Manager Capabilities to Drive Key Employees
Inclusion Employee Performance
Deep
Specialization
Leadership
Redefining HR Roles Bench Strength
Forecasting Future
Talent Needs
Managing Contingent Workforce Identifying Talent Gaps
Leveraging HR Metrics
Wellness Programs Filling Talent Gaps
EMEA
• Skills Gaps 85%
Americas • Transforming HR 85%
• Organization Acceleration 83%
• Leadership Pipeline 80%
• Skills Gaps 87% • Branding talent 81%
• Leadership Pipeline 86%
• Transforming HR 84%
• Organization Acceleration 88%
• Branding talent 83%
Asia Pacific
• Organization Acceleration 90%
• Leadership Pipeline 86%
• Skills Gaps 86%
• Transforming HR 88%
• Aging Workforce 78%
First Line
§§Deep skills come from a range Senior Specialists Management
of developmental experiences
Functional Specialists / Front-Line Employees
India 3% to 6%
China 2% to 18%
EU 31% to 17%
US 25 to 18%
Compensation - Benefits
Sourcing & Recruiting
Succession Planning
Workforce Planning
§§ Administratively Intensive
- Data entry is repetitive
- High volume of manual work to complete HR review
processes
- Difficult to obtain executive-level talent information
- Hard to plan for thefuture
2013+
..Optimize
(Globally)
2005-2012
Automate &
Integrate
Diversity Planning
Talent Segmentation
Workforce Planning Enterprise Skill Gap Assessment
Critical Talent Assessment
Talent Forecasting
Critical Role Identification
Scenario Planning
Capability & Competency Management Job Profiles Competencies Behaviors Experiences Skills
Business-
Integrated HR
Differentiate & Segment Talent
Globally Optimize Talent Practices
Integrated Talent Predict and Analyze Data
Integrated with the Business
Management
Management, Succession,
Leadership, Coaching, Drive the Business
Strategic Integrated Processes
Talent Management Plan for the Future
HR
Recruiting, L&D, Org Design
Total Rewards Enable Decisions
Personnel Service Center, COE
HR Business Partner
and Management
Department
Administration
Payroll Serve Staff
Regulation
Back Office Function Automate
Control
Internal
candidates, 18%
Other, 2%
Print, newspaper,
billboards, 3%
University
Time to Hire recruiting, 7%
55 Days
Company website, Agencies, 3rd
14% party recruiters,
9%
Professional
networking sites,
9%
Employment Branding
Employer Brand | Company Image | Company Culture | Company Values | Products and Services
Industry Regulations | National & International Laws | Global / Local Legal Requirements
Employee Value Proposition | Employment Differentiators | Recruiter Branding | Marketing | Global Media Strategy
Initial Screening
Organization & Governance
Market / Competitive Intelligence Application Review / Screening Calls / Education / Criminal / Credit / Controlled
Name Generation Employment Fit Substances / Work References
Channel Management
Compliance
Social & Professional Networking Skills / Personality / Job Fit / Total Compensation
Employee Referral Programs Internal Culture Fit / I/O Psychologists Executive Packages
Mobility / Succession Plans Work Contracts
Employee Job Postings / Employment Eligibility
Alumni Programs / Client Referrals Career Interviewing Work Authorization
Portals / Job Board Postings Interview Strategy
Print & Billboard Advertising Behavioral-Based / Skills-Based Onboarding
Campus Recruiting / Internships
Job Fairs / Industry Events Orientation / Provisioning
Evaluating & Selecting Socialization / Assimilation
Third-Party Recruiting Grading / Rating / Weighting
Training / Post-Hire Assessment
Talent Acquisition Systems - ATS | VMS | Candidate Relationship Management | Data Providers
Outsourcing
Recruitment Process Outsourcing (RPO) | Contingency Search Firms | Retained Search Firms | Executive Search Firms |
Staffing Firms | Assessment Providers | Managed Service Providers | Background Checking | Online Reference Call Checks |
Competitive Intelligence | Employer Branding & Media Services | Vendor Management Services | Service Level Agreements (SLA)
Instill Recruiting Philosophies Foster Recruiters / HR-Hiring Managers / Legal Relationships Create Brand Ambassadors
Recruiting Culture Demonstrate Executive Engagement Drive Accountability Endorse Employees as Talent Scouts
Copyright © 2014 Deloitte Development LLC. All rights reserved. 21
What Makes a Great Employer?
Remarkable
Talent
Entelo
Changing the
Economic Recovery Borderless Workplace
Performance
Layoffs, Restructuring Change in Demographics
Management
Performance to Survive New Labor Market
Process
Value of
Performance
Management
Was Is
Annual appraisal and rating Continuous feedback and
coaching
Annual goals and objectives Quarterly or regular goal setting
Annual talent reviews by broad Continuous talent reviews by
team peers and manager
Development as an afterthought Development as core
Rapid
decision-
Decentral-
making and
ized or
execution
“flat”
Flexible (61%)
reporting
management A High-Performance
structure
of teams and Culture (44%)
(29%)
people
(31%)
Source: “Organizational Agility: How business can survive and thrive in turbulent times.”
Economist Intelligence Unit, 2009, 2011
§§Founded: 1982
§§ Employees: 11,400
§§“I have seen and experienced the reaction to the review process being a
primary driver in driving good people from the company.”
– Adobe manager
Employee Compensation
Motivation
PERFORMANCE
MANAGEMENT
CCooaacchhinnggfoorr PPeerfoormmaanncceeI Source:
DDeevveelooppmmeennt mmpproovveemmeennt “Getting Away
from the
Score:
Creating
Better
Ongoing
Performance
Feedback,”
Bersin &
L
Leeg
gaall T
Taalleen
ntt Associates,
Documents
Documents Decisions
Decisions
2012.
.
Market Value
Value for a
Specific Skill Set
• Adaptive • Adaptive
• Goal-oriented • Goal-oriented
• Focused on individual choices and • Focused on individual choices and
freedom freedom
• Team builders • Team builders
• Collaborators • Collaborators
• Community-oriented • Community-oriented
• Self-actualizing • Self-actualizing
• Tech Savvy
1970s: GM
has 22 layers
Today it has 7
Millennials Boomers
1970s Today
8%
60% 85% 30%
70%
92%
Loyalty Achievement
Approval Trust
Copyright © 2013 Deloitte Development LLC. All rights reserved. 47
What to Do
Embed
Dismantle
Purpose
the
and
Ladder
Meaning
Provide
Challenge,
Give Voice
Recognition,
& Learning
Stress
Unemploym
Work Life Technology
ent
Balance
“Meaning is
the new
money.”
Only intrinsic
motivation drives
performance for
creative work, not
traditional reward
systems or money.
Passion
“I love my work (company)” Our job is to create
meaningful work in a
meaningful work
Performance environment.
“I deliver extra effort.”
Diversity
Makes
Business
Sense
Source: www.shopify.ca
Copyright © 2014 Deloitte Development LLC. All rights reserved. 59
What Matters in Hourly Workers
§§ Work at Home
§§ Comfort with Technology
§§ Relationships (particularly with manager)
Esteem
(importance, recognition,
#1 reason people respect)
Modern
leave is because of
lack of recognition
Recognition
at work1 Love/Belonging
(social, love, family, team)
Safety Compensation
(economic and physical security)
& Benefits
Survival
(food, water, sleep)
1The Employee Recognition Primer”. Bersin & Associates / Stacia Sherman Garr, July 2012.
Copyright © 2014 Deloitte Development LLC. All rights reserved. 61
Recognition Drives Retention
Source: Bersin & Associates Recognition Survey for HR Practitioners, January 2012.
Copyright © 2014 Deloitte Development LLC. All rights reserved. 62
Reinvent the Work Environment
Source: “ High-Impact Learning Practices,” Bersin & 0% 10% 20% 30% 40% 50% 60% 70%
Associates, www.bersin.com/hilp
E-learning Career
courses Development
Training
Event
Job
Aids
Cultural Capabilities
Continuous Outcome
Career Level 4: Organizational Capabili t y R i sk/Safety
Source of Business Performance Capability & Learning Agility
Executive Driven | Cultural & Systemic Focus
Utilitarian
Training & Completion
Job Shadowing Competence
Level 1: Incidental Training
Source of Ad-hoc Job Support | Mentoring & Apprenticeship | Emerging Need for Professional Training | SME Focused
Source: Bersin & Associates – The High Impact Learning Organization Maturity Model, 2012
§§Impact:
- Identify and develop for local
needs
- Develop leaders locally wherever
possible
- Build organizational awareness of
different styles and needs
§§ Definition of “Science”:
Source: ”High-Impact Talent Acquisition Study, : Bersin & Associates, Fall 2011. 158 organizations responded
An Evolved Organization
VP Human Capital
Analytics
Director Director
Org Diagnostics & Workforce Manager HR Brand
Analytics & Content
Design
Research
Consultant
Program Manager (2) Analyst Employee
Research Learning
Sr. WFAAnalyst Measurement
Analyst
Learning Analytics
http://marketing.bersin.com/2013-predictions.html
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