and The Talent Assessment OBJECTIVES OF TALENT MANAGEMENT Research results (based on Reflection on Talent Management by CIPD London) TO DEVELOP HIGH POTENTIAL INDIVIDUAL (67 %) TO GROW FUTURE SENIOR MANAGERS (62 %) TO ENABLE THE ACHIEVEMENTS OF STRATEGIC GOALS (42 %) TO MEET FUTURE SKILLS REQUIREMENTS (38 %) TO ATTRACT AND RECRUIT KEY STAFFS (33 %) TO SUPPORT CHANGES (17 %) TO ADDRESS SKILLS SHORTAGES (16 %) TO ASSIST ORGANIZATIONAL RESOURCE PLANNING (13 %) OTHER REASONS (2%) (Source : Smilansky, 2006) Talent Manifest The Talent Character Capability in superior performance at any role Assessing and understanding challenges Identifying key performance (success) indicators Defining the strategies and initiatives to achieve Capability to execute Capability to manage and lead change Capacity and speed to learn Typical individual profile Self confidence to face changes Competence in communication Capability to convey reasons and problem solving solutions Focus on key success factors Assessing Talents 1. Assessing performance and track record How well the candidate performance is in all positions and roles How is the performance as compared to colleagues and objectives/targets 2. Psychological assessment Assessing aptitude/integrated intelligence to handle assignment Assessing personality: the way to do and the way to interact with environment and other people Assessing attitude: motives, direction, and level of interest, values and perceptions. The psychological test tools are well developed. Assessing Talents 3. Knowledge and skills assessment: The use of knowledge and skills assessment: Recruitment and selection process Training needs analysis Identifying candidates to promote Knowing the characteristics of exceptional performers Optimizing work force What to assess: Attitude, Knowledge, and Skills Assessing Talents Knowledge assessment structure: Body of knowledge base Decision making criteria Delegating Motivation and leadership Managing and leading change Teamwork Appraisal, coaching and conseling Time management and scheduling Communication Recruitment and selection Financial Negotiation Assessing Talents 4. Assessment center: The Dimension Or Potentials For Talents To Assess: a. The Ability To Have A Vision And Long Term Strategy: Understanding the company vision Translating the company vision into unit strategic objectives and programs Conveying the strategic objectives, initiatives and programs to the members (employees and other stakeholder) Cascading strategic objectives and targets Convince the members (employees and other stakeholder) to support and execute the strategic objectives, initiatives and programs b. The Ability To Manage Operation Effectively: Execution capability Identifying priority Identifying improvement opportunities Focus on action to serve customers/clients, and creating value to customers and stakeholders Optimizing potentials of the people Assessing Talents: Assessment center The Dimension Or Potentials For Talents To Assess: c. The Ability To Lead A Team: Know and understand the members to optimize the strengths of each person Ability to determine targets of team Ability to motivate team and members Optimizing potentials of the people
d. The Ability To Co-operate With Others And Create Effective
Partnership: Ability to search resources to support Determine the roles and processes to do internally and externally Searching partners to cooperate to solve the problems Defining win-win solutions with partners for long term partnership Helping partners to improve performance Creating value to organization and partners Assessing Talents: Assessment center The Dimension Or Potentials For Talents To Assess: e. The Ability To Initiate And Manage Change And Innovation: Change is part of the life, either the initiated changes or external/internal forces to change Ability to understand the needed changes and manage/lead it, be the leader of change, not the victim Understanding resistance to change and how to solve resistance Able to use the steps to manage/lead Change Be patient and have the stamina Motivate people to innovate Driving the people to think out of the box to foster innovation
f. The Ability To Focus On Customers/Client And Their Needs:
Know and listen to the customers/clients to understand their needs, wants, requirements and expectation Focus to serve the customers/clients and meet their requirements and expectations Different customers/clients may have different needs and wants, with different requirements and expectations Create value to the customers and clients, beyond their expectations and beyond the competitors’ Assessing Talents 5. Assessment results integration and feedback Feedback to the organization to improve the talent quality and talent management process Feedback to the individual for development (self development or development programs facilitated by the organization) Integrate the results af assessment (performance & potentials) into talent pools’ data base Assessing Talents 6. Identifying talents and developing talent pools Devide the pool into 3 pools (First Pool- group of 100; second pool – group of 500-600; and third pool – group of 100) Define the critical jobs’ requirements for each pool, especially first adn second pool Matching the critical job requirements with the talents’ potential (assessment results) Determine the alternative career opportunities for each talent (4 to 5 choices) Identify the strengths and weaknesses of each talent Determine the development programs for each talent Communicate the talents’ profile and the development programs to line managers Assign the coach (direct supervisor) and mentor (direct supervisor or other respectible senior manager) to each talent Execute the development programs and evaluate the talent’s development progress Talent Retention Compensation and rewards management, especially opportunity to move up faster in career Long term investment in Career: competency development and career progression, integrated talent mangement Building organization commitment and loyalty Reference: Developing Executive Talent (Jonathan Smilansky PhD) The HR Value Proposition (Dave Urlich & Wayne Brockbank) Execution (Larry Bossidy & Ram Charan)