People are the engine that power customer value creation.
How do you address the impact of talent on your ability to execute your strategy?
You know people are critical to your success. Half of your costs in your business are for the human resources so you make it a priority. Despite your efforts you struggle with attracting and retaining great talent, you have higher than acceptable turnover, you suffer from a lack of innovation, and you experience low performance in key jobs. Why aren't you getting the return on your people investment that you need?
Talent management fails to deliver on its promise because of managerial malpractice and Human Resource departments not having the bandwidth to deal with issues beyond benefits, compensation, and compliance. These issues distract organizations from leveraging their talent to raise your ability to reach your strategic and operating goals.
To benefit from the power of your talent, you need a systematic way to effectively align employee placement, learning and development, and performance management with your strategic and operating objectives. This means acquiring, retaining and developing people so that investments in human capital can have the best impact on executing strategy. Without purposefully pursuing talent management you will struggle to maximize the value of Human Capital in your organization.
Our talent management approach works because we focus on delivering specific performance improvements to your employees and the business through placement, training and development, and performance management.
Our Talent Management Approach covers these topics:
- The power of getting the right people into the right jobs through matching competencies and capabilities.
- The key role job design plays in positioning people for success.
- Five steps to align your talent management efforts with your strategy.
- The myth's of performance measurement and assessment and how to align business goals with the Individual Develop Plan.
- The secret of designing a robust curriculum aligned with your business goals.
"Every top executive spends the majority of their day on people and performance issues. Synaptus has developed a step-by-step guide to investing employees and executives in the strategic people-planning process. Their talent management approach leaves no stone unturned in outlining the ways to transform employees into strategic participants in driving business goals."
- Stanley C. Johnson, President, Johnson & Company
Talent Management: Frequently Asked Questions:
How can an outsider tell me more about my people the people who work here everyday?
They can't. However, we can facilitate the development of a framework that overcomes the challenges that lead to the structural conflict and fragmentation that keep the best ideas in your business from being evaluated in the context of what is best for the business.
What deliverables do I have when I'm done?
- A capability model of the key value streams that itemizes what the business does, where business value is produced, and where performance gaps exist
- A maturity assessment of your talent management capabilities
- A Human Capital Plan that includes a focused roadmap to improve key capabilities through specific Placement, Training and Development, and Performance Management activities
- A system that aligns Placement, Performance Management, and Learning and Development into a single comprehensive and robust talent management methodology.
- A talent management scorecard to measure the success of investments into human capital
How does Talent Management help in attracting employees?
Creating a systematic and continuous approach to recruiting is critical to the success of your organization. By mapping the talents and skills to job design we improve the ability to hire the right people for the job. Since we focus on active behaviors rather than tasks our system supports innovation and creativity.
We have excellent new hire training.
That is great. We make sure that on-boarding starts with job design, and supports any current new hire training. We then ensure that we continue throughout the alignment of performance management and leadership development.
What is the ROI of this kind of project?
Research has pointed out that organizations that take talent management seriously and have built robust system have over a 15% better shareholder return over a 3 year period.
What do you mean by Performance Management?
The aspect of talent management dealing with the measurement and assessment of each individual employee based on a custom set of competencies and alignment to business goals that drive the Individual Develop Planning and Succession Planning.
- Measure: How do you perform your job? What should your target be?
- Competencies: What should you be good at? What are your innate talents and learned skills?
- Planning: Where is the best place for you today and in the future? What development do you need?
What do you mean by Placement?
The aspect of talent management dealing with getting the right people into the right jobs through designing jobs that are innovative and future reaching and preparing them to optimize their ability to contribute to the organizational strategy.
- On-board: Recruit great people and assimilate them into the values and goals of the organization.
- Transition: Place people into the jobs where they can be successful today and where they will get prepared for future jobs.
- Job Design: Design jobs to maximize the ability of people to perform.
What do you mean by Learning and Development?
The aspect of talent management dealing with the design of a robust curriculum that is aligned and supports the business goals in building the necessary skills for perpetual agility of all our human capital.
- Leadership: What personal and organizational leadership skills should you be developing?
- Continuous: On the job. What should you be learning, what should you be contributing?
- Curriculum: What curriculum based learning (to develop skills) should you participate in that will optimize your ability to contribute to the strategy and business goals?
Contact us to ask any questions you might have about Talent Management or to set up an appointment to discuss this for your business.
Or, click here to read about our clients’ success and satisfaction in the
case studies and testimonials.