6 TALENT STRATEGY LEVERS FOR A VUCA WORLD. Development Dimensions International, Inc., MMXIV. All rights reserved.

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1 6 TALENT STRATEGY LEVERS FOR A VUCA WORLD 1

2 As a leader in talent management, you ve noticed there s been volatility and change in your world. This world of turmoil actually has a name: Volatility, Uncertainty, Complexity, and Ambiguity. 2

3 To survive in this NEW NORMAL, organizations must do things differently when it comes to their people. Our goal is to offer a PATH FORWARD and get you thinking about what you need to do, and where you should start. 3

4 We see VUCA READINESS as a matter of manipulating six talent strategy levers: 1. Business agility 2. Strategic workforce planning 3. The pursuit of readiness 4. Gathering and using data 5. The learning organization 6. Talent management sustainability 4

5 #1 Business Agility 5

6 #1 Business Agility Organizations and their talent need to be agile with the ability to swiftly change direction. A good place to start is by linking everything you do from a talent standpoint back to the business and what it needs to accomplish. 6

7 #2 Strategic Workforce Planning 7

8 #2 Strategic Workforce Planning Determine what talent your organization has, what it needs, and where talent gaps exist including pending retirements. Cover all organizational levels and all key roles, taking into account your ability to fill those roles internally versus externally. 8

9 #3 The Pursuit of Readiness 9

10 #3 The Pursuit of Readiness To get leaders ready to step into critical business roles, you must: Obtain senior executive involvement Conduct a talent audit Complete an accurate talent assessment Launch development planning Drive accelerated development that targets future roles 10

11 #4 Gathering and Using Data 11

12 #4 Gathering and Using Data Your organization needs to have an insatiable appetite for talent-relevant data: How effective is your training? What are your talent gaps? How efficient are your hiring processes? Measurement allows you to move faster and make adjustments on the fly as things change and evolve. 12

13 #5 The Learning Organization 13

14 #5 The Learning Organization Develop more agile leaders who have the ability to manage whatever comes their way. Look for leadership courses on: Leading change Driving innovation Making rapid decisions Networking across boundaries 14

15 #5 The Learning Organization It s also about learning and growing as an organization, whether it means abandoning an ineffective selection practice, addressing a talent gap, or reformulating your talent strategy when it becomes apparent that it s misaligned with the direction of the business. 15

16 #6 Talent Management Sustainability 16

17 #6 Talent Management Sustainability For an initiative to be sustainable, it needs to: Be built on a strong business case Have clear accountabilities Have talent with the skills to be successful Be aligned with your business strategy Be measurable Be flexible and adaptable 17

18 LET S RECAP! 18

19 Manipulate these six levers effectively and your organization will be ready to survive and thrive in the VUCA world! Business agility Strategic workforce planning The pursuit of readiness Gathering and using data The learning organization Talent management sustainability 19

20 Ready for a VUCA world? Talent experts are standing by at or info@ddiworld.com to help your organization navigate this new normal. 20