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Seminar 3 Talent Management II
Seminar 3 Talent Management II
SEMINAR 3: TALENT MANAGEMENT II CP Tham MSc, MBA, IHRP-SP, SHRM-SCP, FCIPD, CPTD
** IMPORTANT MUST USE **
will be kept alive firm should invest more in • First created by McKinsey for GE
but will be monitored the green sections
• Goal Setting
• Performance Monitoring
• Feedback and Coaching
• Appraisal (quarterly, half-yearly, yearly)
• Rewards & Recognition
(SHRM, 2015)
Crucial to have an end in mind because we need to have goals set at the begining to know what factors are we evaluating employees on so that we can determine
the performance of the employee .
Goal consist of objective & key results.
Objective (specific)
quantifiable
https://fitsmallbusiness.com/smart-goals-examples/
need alot of support and enegry. need ppl who can coach, employees who are coachable, training materials
Ask
uses questions to come up with their own solutions
using qns to help them internalise/accept their problem
intent: find out more about problem or work out solution
Ask approach or tell approach
Couselling:
focus on employee to find out the problem. not maanger. focus more on problem or solution
ppl reject feedback because they dont see it as a problem to begin with. or ask or tell first?
Counselling Coaching
Coaching focus on solution;problem is known so we want
to move on the find solution. Manager is just facilitating the solution.
Employee give solution through the help of manager
https://www.youtube.com/watch?v=Ncb1jjRZyNU
chroconological sequence
- coaching spend alot of time asking qns rather than telling them wht to do
https://www.youtube.com/watch?v=iyCroYn3Zr8
THE GROW MODEL FOR COACHING
responsibility of manager to grow employee. Growth itself will require person to change. Behavioural change is extremely difficult.
Many coaches assume that employee want higher pay, more promotion opportunities. Assume employee want to become
like the manager. a successful manager is one that can be replaced tomorrow or ystd. Managers comes with preconcienved notion
on what the employee wants. However not every employee wants to be promoted.
No interactions at all between manager and employee
To mat: Learning = Performance. Unfortunately learning is not always about performance. Hence as a HR Professional it is crucial to ensure
L&D $$ are not wasted.
Conversation was vague and non-confrontational.
AN APPRAISAL CONVERSATION
https://www.youtube.com/watch?v=SVFfHq2giFo&t=10s
lack of differentiation: look at performing and non performing. Why managers dont want to classify them? Because they are afraid to differentiate due to confrontation.
they may give non performing employees an average rating as they are afraid of the agressiveness of the employees. Hence these employees stay. Non performers
should not even last till the year. Do appraisal frequently and if employees still the same, then company should take action. for those who are performing, managers needs
to give justification/validate as to why they are good. alot of pressure on manager shoulder. Furthermore because more bonus will be directed to these performers.
Regular checking will allow you to differentiate between performers and non performers.
COMMON PITFALLS
•Lack of differentiation. Because raters often lack the confidence to defend their ratings or are reluctant to
pass judgment, they may rate everyone pretty much the same. This approach can take the form of leniency
(everyone gets high ratings), severity (everyone gets low ratings) or a universal feeling that everyone is
doing just fine (and everyone gets rated in the middle). A reluctance to differentiate can often be
attributed to poor training or the failure of an organization to clarify that performance-based judgments
are a critical part of the managerial role.
•Recency effect. When managers are not diligent in continuously measuring performance, providing
feedback and documenting results, they often cannot remember the earlier part of the performance
period. As a result, they weigh the most recent events too heavily.
management/culture of the organisation affect whether managers spend time to monitor employees
•Halo/horns effect. The "halo" and "horns" effects occur when an employee is highly competent or
incompetent in one area, respectively, and the supervisor rates the employee correspondingly high or low
in all areas. For example managers who are more outspoken may give employees who are more outspoken higher rating and vice-versa.
•Personal bias/favoritism. Some managers may allow their impressions of employees or their personal
feelings about them to dominate the performance rating process.
•Inaccurate information/preparation. Managers sometimes fail to take the time to solicit relevant
information about the employee's actual performance from those who work most directly with the
employee, resulting in an inaccurate assessment.
potential is harder to measure than performance because performance is based on current and potential is not.
potential is for future senior role, if u wan to promote a person to a future senior manager, u cannot 100% guanratee that the person is gg to be a good manager.
Hence potential is the hardest to measure,
expose this grp of ppl with potential to more senior roles and to more people.
Then observe these ppl to see if they have what it takes.
ASPIRATION & ENGAGEMENT
• Based on what Aspiration and Engagement mean when assessing Potential, what are
the different ways for HR to gather information for each factor? Who do we need to
involve? What resources do we need to have?
PREDICTING ABILITY
• Using current performance only to predict the ability of an individual in the future
could be flawed if
• the current and future roles are different
• circumstances surrounding the individual change
• needs and wants could be different
demonstrate behaviours enough for ppl to identify you as someone with the competencies.
https://www.youtube.com/watch?v=oGJi7i1Ife0
THEORY OF FLOW
• Mental state in which a person performing some activity is fully immersed in a feeling
of energized focus, full involvement, and enjoyment in the process of the activity.
• Characterized by the complete absorption in what one does, and a resulting
transformation in one's sense of time.
• The flow state can be entered while performing any activity, although it is more likely
to occur when the task or activity is wholeheartedly engaged for intrinsic purposes.
THEORY OF FLOW
• The activity must have clear goals and
progress. This establishes structure and
direction.
• The task must provide clear and immediate
feedback. This helps to negotiate any
changing demands and allows adjusting
performance to maintain the flow state.
• Good balance is required between the
perceived challenges of the task and one's
perceived skills. Confidence in the ability to
complete the task is required
EVALUATIVE METRICS IN TALENT MANAGEMENT
• Conduct an internet research and come up with 3 metrics in measuring the
effectiveness of talent management.
• Explain how each metric is linked to the business.
• Identify the source of the metrics.
THANK YOU
CP Tham MSc, MBA, IHRP-SP, SHRM-SCP, FCIPD, CPTD