Presentation Transcript
The company as a Talent Factory :The company as a Talent Factory “ Don’t lose business because of talent!!!”
Based on web-site reading.
The idea… :The idea… With the current struggle to fill key positions and the difficulty
to retain the company talents. Companies expansions growth etc
became hard to achieve. As such there is a strong need to have
a free-flowing pipeline of
1) current and future leaders , and 2) enough talents to fill current and future key positions a cross the organization.
Talent shortage… Why? :Talent shortage… Why? In addition to the normal causes of talent shortage ,e.g. high competition, shortage of specific talents, security etc; there are two main causes:-
Talent development strategy is not synchronize / aligned with the business strategic goals.
Company management do not have enough commitment to talent management.
Therefore there is a need to establish a “Talent Factory” within the company to ensure business strategic objects are supported talent wise.
The main hints… :The main hints… Don’t lose business opportunities because of talent.
A void getting involved in the “War of Talents”.
If you can not a void the war make sure you “Survive” as no winner in such war.
Talent Factory Establishment in brief… :Talent Factory Establishment in brief… Build processes “functionality”:
Have processes that will ensure putting the right employees with right skills in the right position at the right time.
Communicate strategic objectives:
Make sure your employees understand the company/dept. objectives. Educate them.
Engage in complex challenging tasks:
Help employees to advance, learn and gain experience. Give special attention to high-potential employees.
Establishment in brief…cont. :Establishment in brief…cont. d) Commitment
Management should demonstrate commitment and assume real
responsibilities by sponsoring different programs/projects in line
with talents growth/development.
e) Implementation strategy
Management should make sure that each department has a “Talent
Implementation Strategy” which shows clearly the link between the
department growth/business plan and the employees development.
f) Accountability
hold each management member accountable for his department part
of keeping the “Talent Factory” work efficiently.
Reminder with best wishes… :Reminder with best wishes… Do not forget to have a group of sr. management forming
a “Factory Board” to look after this factory and have the
right department to be in charge of running this factory and
its head as a board member.
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Wishing you all the best in Establishing Your Talent Factory.
Thank you,,,