The 7 Mistakes Companies Make With Their Talent Strategy. Presented by: Victor Assad

Transcription

1 The 7 Mistakes Companies Make With Their Talent Strategy Presented by: Victor Assad

2

3 HOUSEKEEPING CREDIT QUESTIONS TOPIC

4 HOUSEKEEPING Certificates delivered by no later than 5/11/17 Be watching using YOUR unique URL for login Stay on the webinar, online for the full 60 minutes. The use of this seal confirms that this activity has met HR Certification Institute's (HRCI ) criteria for recertification credit pre-approval. Recertification Credit Hours Awarded: 1 Specified Credit Hours: HR (General) recertification credit hours toward aphr, PHR, PHRca, SPHR, GPHR, PHRi, SPHRi recertification through HR Certification Institute's (HRCI ). For more information about certification or recertification, please visit the HR Certification Institute website at Recertification Credit Hours Awarded: 1 Specified Credit Hours: HR (General) recertification credit hours toward aphr, PHR, PHRca, SPHR, GPHR, PHRi, SPHRi recertification through HR Certification Institute's (HRCI ). For more information about certification or recertification, please visit the HR Certification Institute website at

5 Today s Presenter Victor Assad Victor Assad is a Managing Partner of InnovationOne and the CEO of Victor Assad Strategic Human Resources Consulting. With over 25 years of experience, Victor has been an active member of executive business teams and leader of human resources organizations in fast growth, hightechnology, global businesses with Honeywell and Medtronic. Masters of Arts degree in human resources and industrial relations from the University of Minnesota. Executive certificates from Harvard and Kellogg.

6 Do you believe that robust talent strategies drive higher profitable growth?

7 e Talent Strategy Number 22% higher share holder returns 18% higher earnings Higher financial returns

8 The Big Picture Talent Strategy is about creating a dynamic work experience that is aligned to purpose drives business strategy and profitable growth

9 How? Integrated Talent Strategy Business Vision Mission & Purpose Culture Business Strategy Customer Feedback External Environment Laws & Regulations Workforce Employment seekers Contingent Technology platforms Organization & Workforce Analytics Surveys & Sensing Sessions Demographics Competencies Models, Measures, Technology Leadership & Succession Planning Learning, Org. Capability & Change Employer Branding & Recruiting Strategy, Collaborative Culture Employee Engagement & Flex Work Measure and Monitor Performance Management & Recognition Results Aligned & engaged employees Successful strategy execution Improved performance Improved returns to shareholders

10 What Drives Motivation?

11 Today s Talent Strategy Purposeful, Principled, and Performance-based Value of treating employees well Collaborative, dynamic cultures of innovation Ongoing development and performance feedback Team based: little hierarchy & politics Employee/career development 33:33:33 Differentiate/affirm your employees

12 Craft the Talent Strategy Mindset Leadership & Succession Planning Learning, Org. Capability & Change Employer Branding & Recruiting Strategy, Collaborative Culture Employee Engagement & Flex Work Performance Management & Recognition Be the CEO s partner for talent management and developing organization capability One compelling employee value proposition Align all of H R s capabilities Competencies, skills and behaviors needed Aligned analytics Use helpful technology Align to business strategy timeline

13 e Talent Strategy as C-level Strategy 1. Know the business model and its strategies 2. Use HR s predictive models 3. Know the analytics of HR processes and of the workforce. 4. Use numbers to shape talent strategy 5. Give management a ROI for each proposal 6. Does this strategy improve company performance? Can I prove it?

14 Seven Mistakes Companies Make with Talent Strategy 1. Not taking it seriously and not having a plan

15 Seven Mistakes Companies Make with Talent Strategy 2. Little participation by executives

16 Seven Mistakes Companies Make with Talent Strategy 3. Boring the workforce

17 Seven Mistakes Companies Make with Talent Strategy 4. Not gathering and using analytics, technology, and artificial intelligence

18 Seven Mistakes Companies Make with Talent Strategy 5. Outdated Performance Management Practices Business Strategies Culture Values Organizational Role Shared commitment Annual review Feedback on high potentials to talent management system Feedback on what projects and teams are or are not working Q3 Managerteams rapport Q1 Dynamic market/business changes Goals are re-negotiated Q2 Ongoing feedback, development & recognition

19 Seven Mistakes Companies Make with Talent Strategy 6. Using rigid tops down hierarchy & 20 th century offices

20 Seven Mistakes Companies Make with Talent Strategy 7. Not aligning OD and learning to strategy

21 Craft Talent Strategy that drives exciting work and profits Leadership & Succession Planning Learning, Org. Capability & Change Employer Branding & Recruiting Strategy, Collaborative Culture Employee Engagement & Flex Work Performance Management & Recognition Be the CEO s partner for talent management and developing organization capability One compelling employee value proposition Align all of H R s capabilities Competencies, skills and behaviors needed Aligned analytics Use helpful technology Align to business strategy timeline Flawless execution

22 QUESTIONS Enter your questions into the Questions section of the GoToWebinar panel on your computer screen

23 HOUSEKEEPING Certificates delivered by no later than 5/11/17 Be watching using YOUR unique URL for login Stay on the webinar, online for the full 60 minutes. The use of this seal confirms that this activity has met HR Certification Institute's (HRCI ) criteria for recertification credit pre-approval. Recertification Credit Hours Awarded: 1 Specified Credit Hours: HR (General) recertification credit hours toward aphr, PHR, PHRca, SPHR, GPHR, PHRi, SPHRi recertification through HR Certification Institute's (HRCI ). For more information about certification or recertification, please visit the HR Certification Institute website at Recertification Credit Hours Awarded: 1 Specified Credit Hours: HR (General) recertification credit hours toward aphr, PHR, PHRca, SPHR, GPHR, PHRi, SPHRi recertification through HR Certification Institute's (HRCI ). For more information about certification or recertification, please visit the HR Certification Institute website at

24 Free Resources Visit our website, Download free whitepaper, Seven Mistakes Companies Make with Talent Strategy Free one-hour of consulting Follow my weekly award-winning blogs We partner with leadership teams to create: dynamic cultures of innovation powerful talent management practices agile leaders and teams value and profitable growth

25 Ascentis HCM Solutions Ascentis Recruiting: Manages onboarding Standardizes paper-work Integrates with social media Portal that parses resumes Ascentis Talent Management Mobile interface No training required Easily identify top employees Employees can rate themselves

26 Free live webinars monthly Free HRCI, SHRM, and APA credits All webinars recorded and posted to website for free. UPCOMING WEBINARS Apr. 27, 2017 Insider Threats How to Protect Your People, Assets, and Reputation May 4, Talent Trends Empowerment in a Disrupted World May 10, 2017 Understanding Your Options for Global Expansion May 16, 2017 Creating Dynamic Teams Getting Beyond The Wishing Well

27 Contact Us