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Talent Management Exploded
Ranjit Jose
TM Defined
Talent Management is a set of integrated
organizational HR processes designed to
attract, develop, motivate, and retain
productive, engaged employees. The goal of
talent management is to create a high-
performance, sustainable organization that
meets its strategic and operational goals and
objectives.
Source – Johns Hopkins University
Talent Management Model
PAUSE
• What is the basic unit of all life on Earth?
– Like Carbon, businesses need to identify the below
• What is the basic component of TM?
– Chaos
– People
– Competencies
– Capability
– Change
• Most would say People, but in today’s world steered ahead by technology, we
are on the verge of looking at Competencies as the basis of TM. This is
because, machines are replacing people in many areas and soon, algorithms
would work in tandem with people to create ‘Critical relationships’ that would
be more capable than people working in singularity.
• Since businesses are hinged on critical capabilities, ‘critical relationships’, that
result in competencies, and not people, will become the core of Talent
Management
WAR FOR TALENT
According to a yearlong study conducted by a
team from McKinsey & Co. - a study involving
77 companies and almost 6,000 managers and
executives - the most important corporate
resource over the next 20 years will be talent:
smart, sophisticated businesspeople who are
technologically literate, globally astute, and
operationally agile. And even as the demand
for talent goes up, the supply of it will be
going down.
Source - McKinsey
Source – WGU Tennessee
Source - Wikipedia
Competency based HR Practices
But McKinsey said People!
DID YOU KNOW?
• P-CMM and the Accenture example of Performance
Management and Beyond
• Amazon ECHO, Machine Learning , The internet of
things
So, how to leverage technology?
Example -
Marcus Buckingham’s Leadership development in
the Age of the Algorithm
And some challenges of technology…
• Rise of the Smart Machine
• New computational world
• New Media ecology
• Globally connected world
Case Study
https://in.linkedin.com/in/ranjitjose
ranjit.jose@gmail.com

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Talent management Exploded

  • 2. TM Defined Talent Management is a set of integrated organizational HR processes designed to attract, develop, motivate, and retain productive, engaged employees. The goal of talent management is to create a high- performance, sustainable organization that meets its strategic and operational goals and objectives.
  • 3. Source – Johns Hopkins University Talent Management Model
  • 4. PAUSE • What is the basic unit of all life on Earth? – Like Carbon, businesses need to identify the below • What is the basic component of TM? – Chaos – People – Competencies – Capability – Change • Most would say People, but in today’s world steered ahead by technology, we are on the verge of looking at Competencies as the basis of TM. This is because, machines are replacing people in many areas and soon, algorithms would work in tandem with people to create ‘Critical relationships’ that would be more capable than people working in singularity. • Since businesses are hinged on critical capabilities, ‘critical relationships’, that result in competencies, and not people, will become the core of Talent Management
  • 5. WAR FOR TALENT According to a yearlong study conducted by a team from McKinsey & Co. - a study involving 77 companies and almost 6,000 managers and executives - the most important corporate resource over the next 20 years will be talent: smart, sophisticated businesspeople who are technologically literate, globally astute, and operationally agile. And even as the demand for talent goes up, the supply of it will be going down. Source - McKinsey
  • 6. Source – WGU Tennessee
  • 7. Source - Wikipedia Competency based HR Practices
  • 8. But McKinsey said People! DID YOU KNOW? • P-CMM and the Accenture example of Performance Management and Beyond • Amazon ECHO, Machine Learning , The internet of things
  • 9. So, how to leverage technology? Example - Marcus Buckingham’s Leadership development in the Age of the Algorithm
  • 10. And some challenges of technology… • Rise of the Smart Machine • New computational world • New Media ecology • Globally connected world Case Study