Talent Management

Key Context
All executives and managers have a
responsibility today to manage talent.
The key business battleground from the
C-Suite on down.
Talent management is frequently
centered in Human Resources, Human
Capital Management, People
Development or Organizational
Effectiveness.
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About Talent
Management

HR has evolved over time

Personnel

Phase
1

Reactive
Service
Center

Strategic
Business
Partner

Phase
2

Phase
3

Few HR groups are truly successful in becoming

Strategic Business Partners with their constituents but
that is where the field is going and where we need to
be
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About Talent
Management
Companies are increasingly:
Making people decisions in a logical,
systematic, objective, fact-based, datadriven way.
Tying their people policies to their
strategic business needs i.e. how do we
compete and win in the marketplace?
Focusing on Our strategic success is
linked to
These trends are fundamentally good for
our business WHAT WE DO IS MORE
IMPORTANT THAN EVER!
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Strategic Business
Drivers
Talent
management is
central to
key business
drivers in the
organization

Customer
Expectations
Business
Climate

Industry

Technology
Talent
Talent
Management
Management

Workforce
Dynamics

Growth
Plans

Competitive
Strategy

Legislation

Corporate
Culture

Talent Management
Hot Topics
Leadership development
Succession planning
Retention
Competency modeling
Innovation

Leadership Development Fundamentals

Identifying, selecting and developing
leaders is the key human capital challenge
for any company.
On-boarding is successfully integrating a
new hire (especially a new/promoted
leader) into an organization or role.
Executives brought in from the outside are
twice as likely to fail as those promoted
internally (Ciampa & Watkins, 1999).
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Succession Planning Fundamentals

Succession planning is the

process of preparing suitable
employees to replace key players.
May be for a specific position or to
create a pool of talent for the
future.
Closely tied to a companys
leadership development efforts.
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Competency Modeling Fundamentals

A competency is a characteristic or
quality the company wants the employee
to manifest.
Competencies are generally identified for
all roles in an organization, although
many companies have leadership
competency models that cut across
positions or functional areas.
Can serve as the starting
point/framework for all of a companys
HR/talent management efforts.
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Innovation
Fundamentals
Companies are continually searching for
ways to be more entrepreneurial,
creative, and innovative.
This is a global and cross-industry
phenomenon.
Organizations need to be more adaptable
and responsive.
Personality can be connected to
innovation in a number of ways.

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Talent Management by PI
Worldwide
bhushandesai@piworldwideindia.
com
www.piworldwideindia.com

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