Talent Management and Development • Talent Management • Concerned with enhancing the attraction, long-term development, and retention of key human resources. • Determining the Scope of Talent Management • Targeting jobs—executive, senior and upper-level management and key jobs • Targeting high-potential individuals (high-pos) Nature Of Talent Management Creating and maintaining an organizational culture that values people Identifying future needs and developing individuals to fill those needs Key Areas of Talent Management Establishing ways to conduct and manage activities to support talent development Developing a pool of talented people who can supply future job needs Nature Of Talent Management Talent Management Bridge Effective Talent Management • Career • The series of work-related positions a person occupies through life. • Career Paths • Represent employees’ movements through opportunities over time. Careers and Career Planning Career versus Job • Organization-Centered Career Planning • Focuses on jobs and on identifying career paths that provide for the logical progression of people between jobs in the organization. • Individual-Centered Career Planning • Focuses on an individual’s career rather than in organizational needs. Careers and Career Planning (cont’d) Organizational and Individual Career Planning Perspectives Individual Career Management Self-Assessment Feedback on Reality Individual Career Planning Components Setting of Career Goals Career Choice Interests Self-Image Personality Individual Career Choices Social Background General Career Periods Portable Career Path Entry Shock for New Employees Supervisors Feedback Time Career Transitions and HR The Work Technical and Professional Workers Women and Careers Sequencing Glass Ceiling Dual Career Ladders Special Individual Career Issues Global Career Concerns Dual-Career Couples Repatriation Global Development Family vs.Career Relocation Special Individual Career Issues • Development • Efforts to improve employees’ ability to handle a variety of complex assignments (knowledge work) requiring judgment, responsibility, decision making, and communication. • Developing Specific Capabilities/Competencies • Lifelong learning • Redevelopment Developing Human Resources Development vs. Training Employee Development Needs Analysis Methods Assessment Centers Psychological Testing Developing Human Resources Performance Appraisals HR Development Approaches Possible Means for Developing Employees in a Learning Organization Management Lessons Learned from Job Experience Management Development Supervisor Development Executive Education Leadership Development Management Development Methods Management Mentoring Management Modeling Management Coaching Stages in Management Mentoring Relationships Problems with Management Development Efforts Failing to conduct an adequate needs analysis Trying out fad programs or training methods Common Problems in Management Development Failing to address organizational factors that result in encapsulated development Substituting training instead of selecting qualified individuals Succession Planning Process Identifying development needs of the workforce Assisting in identifying needed future job skills Noting employees who might fill future positions Succession Planning Communicating the succession planning process to employees Tracing and regularly updating succession plan efforts HR’s Role in Succession Planning Succession Planning Considerations “Make or Buy” Talent Succession Planning Skill Areas Electronic/WebBased Succession Planning Succession Planning (cont’d) Areas for Planning “Succession” In retrospect…
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