IHRIM Managing & Developing Talent June 23, 2016 Presented by: Val Markos Vmark Consulting QUALIFYING SPEEDS OF THE INDY 500 250 200 150 100 50 0 HOW DO WE DEVELOP? 70-20-10 PRINCIPLE OF DEVELOPMENT 10% - Executive education and training programs 20% - Relationships e.g., feedback on the job, mentors, peers, 360 feedback 20% 70% - Experience 15% - Off the job experiences e.g., Community involvement, industry associations 55% - Challenging on the job experiences e.g., new job assignments and in-place development assignments 10% 15% 55% Taken from The Lessons of Experience, McCall, M., Lombardo, M, Morrison, A. HOW DO WE DEVELOP? What experiences help us grow? Start-up Turn-around Increase in scope/responsibility Staff to Line or Line to Staff Supervisory Projects/Tasks Forces Hardships ??? HOW DO WE DEVELOP? How do relationships help us grow? Supervisors—Good & Bad Coaches Mentors Networks 360 Feedback ???? WHO IS RESPONSIBLE FOR TALENT DEVELOPMENT? PATHBUILDERS THREE SIGNIFICANT ROLES IN TALENT DEVELOPMENT Individual Supervisor Organization THREE SIGNIFICANT ROLES IN TALENT DEVELOPMENT What is your role? Individual Supervisor Organization YOU AS AN INDIVIDUAL It is your career – Own it! Do you have a career goal? And a plan to get there? Do you “build in” development on a regular basis? Do you seek and accept “stretch” assignments? Do you build in reflection time to evaluate how you are doing? Do you seek (and welcome) feedback? YOU AS A SUPERVISOR Do you know your talent and your talent needs? Are you always on the lookout for talent? Do your directs have development plans? Do you balance performance and development in making assignments? Do you give good development feedback? Do you have a successor for your role? YOU AS A LEADER OF YOUR ORGANIZATION Do you articulate what is important – skills, values, behaviors, etc. in your organization? Do you have a development plan and let others know you have one? Do you balance performance and development in making selection decisions in your organization? Do you assure others do? Do you mentor and assure your leadership team does also? Do you allow some “toe stubbing” in new and stretch assignments? Exceptional Talent Developers Provide Opportunity for Growth Open Doors/Provide Exposure to Senior Leaders Coach – Developing Skills & Mitigating Flaws Demand Excellence – Raise the Bar & Inspire Model – “Watch Me. Listen to Me.” Mentor – Give Career Advice and Counsel Taken from “Catalytic Converters: How Exceptional Bosses Develop Leaders” Morgan McCall & Jeffrey McHenry 2014 PLAYER / COACH: BILL RUSSELL PLAYER / COACH SYNDROME Urgent vs. important Comfortable in the function vs. stretch Must play your role. What is it ONLY you can do? Exercise – How do I spend my time? HOW DO YOU SPEND YOUR TIME? STOP - START - CONTINUE % OF YOUR TIME CURRENT RESPONSIBILITIES Communicating with senior leadership Shepherding projects / clearing roadblocks Doing individual work / being a subject matter expert Managing and developing people Focusing on personal development Other Val Markos Vmark Consulting +1 (770) 368.8454 [email protected]
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