4 Building Blocks of an Effective Talent Management System
|
| Tweet |
|
Free PDF Download Keeping the Change Process Cool - By Ben Nash |
If you reduce all the hype about talent management systems down to the bare essentials, there are only four building blocks that matter:
- Knowing the competencies that get results
- Managing performance well
- Evaluating employee potential accurately
- Recruiting the best talent
Competencies play out differently in different organizations. For example, communication skills look different in a US subsidiary of a Japanese corporation than in a US owned business.
Performance management systems also vary tremendously depending on the corporate culture—from the results driven approach of aggressive corporate cultures such as General Electric, to the more laid back approach found in Trader Joe’s.
Employee potential is also evaluated differently in different organizational cultures. Some companies measure employee potential using the FTF (face that fits) method, while others prefers a more dispassionate assessment approach.
Recruiting methodologies also vary widely. At one end of the spectrum behavioral interview and pre-hire testing approaches are used, while at the other end “gut feel” hiring managers rule the day.
Getting the Talent Management cocktail mix just right can be a combination of skill and that magic touch that a great bar tender puts into special dry martinis.
Related Articles
|
Free PDF Download Keeping the Change Process Cool - By Ben Nash |
|
About the Author: Ben Nash RSS for Ben's articles - Visit Ben's website Ben Nash is the editor-in-chief of DailyHRTips.com. He is the founder and chief developer of the blog, providing tech/design support as well as tips and book reviews. Ben has held many interesting jobs in his professional career, including: barista, landscaper, public policy intern, barista (again), professional horse wrangler, ski lift attendant (aka "liftie"), political science teaching assistant, marketing and sales assistant, and an ecommerce/web developer. He also doubles as the Creative Director at Aspen Organization Development Consulting. Ben has interacted with many people, in many different organizations and offers some interesting insight on the human resources game. You can read his blog at http://www.DailyHRTips.com and visit his website at http://www.AspenOD.com. Click here to visit Ben's website. Basic Feedback Should Be BASIC 4 Tips for Developing an Employee Handbook Business Acumen Boot Camp is not for Sissies Career Passion and Hard Work 3 Tips For Creating Productive Teams At Work |
Related Forum Posts
Share this article. Fund someone's dream.
|
|
Like this page? PLEASE +1 it! |
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Examples of Eye-Catching Words
Join Conversations Politely, Part 1
Increase Website Traffic With Ease
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.







