Talent Development

Talent Development

Your presenter

Linda Elawar

t: @lindaelawar

SME Evolution Program Fall 2012 – Talent Development

#SMEEP

© Potential.com

Talent Development

Explore

content

What Fuels your organization? Who are your Intangible assets?

Do you know where your Talent is?

SME Evolution Program Fall 2012 – Talent Development

#SMEEP

© Potential.com

Why is Talent Development important?

Importance of Talent Development

• Increased competitive advantage

• Rewarding Culture and Brand

• Improved operational efficiency

• Financial rewards

• High Performing Organization

• Employee retention

SME Evolution Program Fall 2012 – Talent Development

#SMEEP

© Potential.com

Best Practices

Effective Talent Development • Establish a Talent Development Plan • Make the most of what you have • Target a small number of key KPIs in the business • Identify critical roles and critical talent • Develop talent pathways and succession plans • Focus your development budget on critical roles and people

© Potential.com

SME Evolution Program Fall 2012 – Talent Development

#SMEEP

A Case Study - SAS

Company Philosophy

• Experience needed for development • Low turnover

CEO’ philosophy: “Treat employees like they make a difference and they will.”

• Niche positions

• Coaching • Detailed skills database

Employees say: Knowledge Worker… Empowered... Intellectually Alive…

Ranked # 1

• Dynamic modeling of work scenarios • Dedicated “Talent Networkers”

SME Evolution Program Fall 2012 – Talent Development #SMEEP

© Potential.com

A Case Study

Rami owns a local electronics services company. Although his business is financially successful and technicians are paid competitively, Rami is not able to retain his staff for long.

He found out that they are quitting due to lack of skills development.

What should be Rami’s first priority?

SME Evolution Program Fall 2012 – Talent Development

#SMEEP

©...