We know it matters. Some go to war for it. Professional sports teams draft for it. Actors audition to show they have it. Others consider it the ultimate solution and try to manage
it. Agents contract for it. Some are innately endowed with it while others strive diligently to earn it. All try to grow it. Talent. It is evolving into a science for some HR professionals and a passion for many line managers. A multitude of programs and investments have been made to attract, retain, and upgrade talent. Yet, sometimes after stipulating that talent matters, it is easy to get lost in the myriad of promises, programs, and processes and lose sight of the basics and to look towards the future.
In good economies talent matters; in bad economies talent matters more. Being able to manage talent for the future has two dimensions. First, we have to pay attention to the employees in our company by enacting a talent formula: competence * commitment * contribution. In the last 20 years, we have focused on competence (right people, right skills, right place, right time) and commitment (an employee value proposition). Now, we need to look more carefully at contribution — how employees find meaning and purpose at work.
Second, managing individual ability falls short if we do not also build organization capability. Among all the capabilities that organizations must master, change is among the most critical. This session will address two dimensions of sustaining change: changing events into patterns and turning what we know into what we do. Changing events into patterns comes from identifying and overcoming organization virus’ that keep organizations from changing. Turning what we know into what we do comes from applying the discipline of a pilot’s checklist to making change happen.
For both of these future modules, Dave Ulrich will offer ideas, examples, and tools for action. Participants will leave with a sense of what needs to happen for individuals and organizations around talent and with specific ways to fold the future into the present.