Developing Future Leaders - Extract from Winning the War for Talent 2.0 part of the Leadership in a VUCA World Masterclass series- Prof Sattar Bawany -
Leadership in a VUCA World Masterclass series available on Udemy. - 9 Modules 5 hours 50+ video lectures articles and planning schedules for CEO's and Executive Leadership skills & Competency development
Special offer 50% for first 50 sign ups https://goo.gl/1f974f
About the module Winning the War for Talent 2.0 - Overview
In today’s globalized business environment, although managers and organizations recognize the importance of the effectiveness of managing human capital, firms are yet to understand the process that leads to the appropriate implementation of HR policies and practices.
Organisations know that they must have the best talent in order to succeed in the hypercompetitive and increasingly complex global economy. Few organizations today have an adequate supply of talent. Talent is an increasingly scarce resource, so it must be managed to the fullest effect.
Are today’s leaders able to do more with less? The A-players can, and there should be a strategic emphasis on keeping those leaders—and developing their successors. Many organizations are reducing their workforces, but let’s be careful not to cut so deep that talent is scarce when the economy rebounds.
Your Key Talent is Your Organization's Sustainable Competitive Advantage.
The ability to effectively hire, retain, deploy, and engage talent—at all levels—is really the only true competitive advantage an organization possesses. The supply of leadership talent is critical to any organisation’s prosperity and is, therefore, a central element of talent management. The increasing trend of growing leaders from within is based on a dawning realisation that a popular alternative for acquiring talent—poaching key people from competitors—ultimately leads to frustration.
Talent Management can be defined as a mission critical process that ensures organizations have the quantity and quality of people in place to meet their current and future business priorities. Integrated Talent Management has never been more of an immediate concern than it is right now.
The CEE Integrated Talent Management Framework consist of the following elements:
Talent Acquisition: Proactively recruiting world-class, diverse leadership talent and providing on-boarding support for them to accelerate their assimilation into their roles.
Talent Development: Developing and executing learning and development programs, processes & assessment tools to grow current and future leaders
Performance Management: The process of creating a work environment in which people can perform to the best of their abilities.
Succession Planning: towards developing a leadership pipeline or assuring near-term leadership continuity by thoughtful consideration of the availability, readiness, and development of internal talent (including High Potentials) to assume critical “priority” leadership roles.
Talent Engagement: Identifying the level of engagement of employees to optimize their contribution and reduce attrition as well as to enhance retention.
Organisational Results: Achieving favourable and desired results is obviously the ultimate outcome expected out of any effective integrated talent management system. The climate is impacted by a values-driven leadership team
Learning Outcomes
In this Masterclass, you will learn tactics and approaches that can be used in developing your managerial skills in talent management within your organization.
This Masterclass will provide you with a foundation of knowledge that will enable you to:
Understand the best working practices in talent management and retention strategies
Be able to ensure your company wins the race for the best talent
Develop the skill-sets of the existing talent pool as the key to success in retention
Develop an effective strategy for employee attraction and retention
Be able to use emotional intelligence to improve retention of top performers
Be able leverage on managerial coaching to lead and engage a multigenerational workforce
Develop a SMART Action Plan for developing their effectiveness in Talent Management
Developed and published by FGD Media http://www.fgdmedia.com/ and First Global Direct Executive Recruitment - http://www.globalsearch.com.sg/ Specialists in Banking, HR, Sales and Management consulting Recruitment.