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Talent and Transformation 23-06-22
Talent and Transformation 23-06-22
B Sankheetha
Gali Nikhita
June 2022 Barsha Chatterjee
1. Talent – Back then
2. Talent – Today
3. Evolution of talent management
4. Challenges
5. Trends in talent management that can be adopted
6. Trends in Learning and Development
Contents
7. Trends in Performance Management
8. The questions to focus in the future
9. The Looking Glass
10. Talent Technologies
11. How the Talent technologies can support the future
TALENT
Back then
People with above average skills, high performing, high quality, star performers,
above average performers
and potential candidates
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
Smart
Sophisticated 3 key components are critical:
TALENT Businesspeople • Digital Savviness
Today Technologically Literate • Empathy
Globally Astute • Leading Virtuality
Operationally Agile
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Shift in nature of work, new technology, and How work gets done, how employees engage
the needs of new organization and how organizations operate – changing
Evolution of
talent
management
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
Do not have the right kind of workforce required
SO
Evolution of
talent
management
Shift will happen and is
• Technology
constant, but the question is
• Collaborations
how you will make the most
• Opportunity to rethink
out of it
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
Attracting and retaining the right talent
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Transforming HR to be a Pivotal Role
• Employees who are comfortable in their existing workspace, tools and software’s do not want to move from their
comfort zone
• Communicate and take surveys before adopting to new software as to how likely are they willing to implement
and learn the new software? What do they need for upgrading and how useful could that software be?
• business led IT spend account for 36% of total tech budget and will continue to increase - Gartner
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
Owing to the present turbulent times,
Talent transformation & Technology is the key for organizations to
survive.
3 important
things that
can help
Also, Adaptability plays a major role
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The Trends in
Talent Management
that can be Adopted
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JOB MARKET BEING MORE PROACTIVE
organizations
ED-TECH FIRMS ENABLING TO UPSKILL
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
The organizations will
The use of LXP and LMS embrace social media
is going to increase, tools to engage employees
Upskilling and re- and foster a learning
Skilling, Content culture like gamifications
repurposing, etc. The talent tools are
going to be a big part of it.
Trends in
Learning and
Development
Adaptive learning through
CMS and Content
Increase in DEIB training,
aggregation, Micro
In-App Experience
Learning and Learning
when needed
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
The future is nimbler, real-
time, and more
individualized system
Performance management
software will be integrated Annual reviews to be
with other talent decision- replaced by more frequent
making tools. (Source: and informal review
Mercer)
Trends in
Performance
Management
Forced distribution and
With shorter project
ranking systems will not
durations, goals cannot be
cut the need of future
plotted a year ahead.
workforce.
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
The Future of Talent Management and
Transformation
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What is the future of
Where is talent employee
The questions to technology headed? advancements?
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
Workforce shifting to Millennials and so does their Development
needs
The Looking
The focus of the new gen workforce will be career progression
glass
Changing the year end appraisal process to more frequent and
informal discussion
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
The Talent Technologies and How they are
supporting the Future of Talent and
Transformation
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Talent
Technologies - Modern Learning Experience
OnDemand
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Cornerstone's remote Targets right training for
learning gives flexibility right learners
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Sumtotal
Recommends learning and skills
Learning portal
Dashboard
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SumTotal is a learning management experience platform
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Workday
Performance management
Recommends learning
Talent dashboard
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Workday provides All in one HCM system
Collects data from all corners of the organization and uses rich analytics to
create dashboards
Identify skill gaps and suggest the skill requirements and learning for
tomorrow
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Oracle HCM HCM Suite
Skills recommendation
Digital assistance
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Deliver personalized and role-based
learning, recommendations based on
talent profiles
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SAP Successfactors
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SAP Successfactors SAP
Learning groups
Smart goal wizard Succession
SuccessFactor Learn directly align goal with module nominate
for social
provides from goal. objectives. and recommend
learning. Share,
Scalability and Comprehensive Cascade goals internal and
upload and
extensibility, open report of learning. and informal external
collaborate
content finder. check-ins. candidates.
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Payroll dashboard
ADP Workforce
Now
Benefits dashboard
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Offers Customized
ADP Workforce ADP
workforce
editable learning
ADP data
cloud
Trends and
patterns to be
employee through
Now now is an
integrated
payments as additional
provides
insights of
measured and
compared to
well as learning
HCM tool data benchmarks
automating it content
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References https://www.peoplematters.in/article/skilling/the-power-of-skills-talent-transformation-in-the-time-of-disruption31459
https://hbr.org/2020/05/digital-transformation-is-about-talent-not-technology
https://news.sap.com/india/2021/11/enabling-talent-transformation-in-a-changing-world/
https://www.workday.com/
https://www.cornerstoneondemand.com/
https://www.adp.com/what-we-offer/products/adp-workforce-now.aspx
https://www.oracle.com/in/human-capital-management/
https://www.sap.com/india/products/human-resources-hcm/products.html
https://www.workday.com/en-us/products
https://www.youtube.com/watch?v=-anGdH4vhNY
https://www.youtube.com/watch?v=zhhoxjDN_NY
https://www.youtube.com/watch?v=CwNBmYYGY2w
https://www.youtube.com/watch?v=XrhsybKZxgM
https://www.adp.com/what-we-offer/products/adp-workforce-now.aspx
Ahead of the curve: The future of performance management | McKinsey
Deloitte's Radically Simple Review (performyard.com)
Are Peer Reviews the Future of Performance Evaluations? | Harvard Business Review - BrianHeger.com
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2018 IBM Corporation Tuesday, July 26, 2022 IBM Services
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