BY: Divya.S.N 3rs sem MBA PESIT verview W Need Ior Talent Management! W Essential Elements oI Integrated Talent Management W Key Considerations When Starting a Talent Management Initiative Talent Management is . W ne Part Mindset W ne Part !7,.ti.es W ne Part %e.nology Civing %ose t,t H,ve te %,lent Mindset te C,5,-ility to Delive7 Sheryl Sandberg ChieI 5erating IIicer at Facebook She oversees the com5any's business o5erations including sales, marketing, business develo5ment, human resources, 5ublic 5olicy and communications W Prior to Facebook, Sheryl was Vice President oI Global nline Sales and 5erations at Google. W She was also instrumental in launching Google.org, Google`s 5hilanthro5ic arm. BeIore Google. W Sheryl served as ChieI oI StaII Ior the United States Treasury De5artment under President Bill Clinton where she hel5ed lead the Treasury`s work on Iorgiving debt in the develo5ing world. Earlier, W she was a management consultant with McKinsey & Com5any and an economist with the World Bank David Fischer VP oI Advertising and Global 5erations He joined Facebook after over seven years at Google, where he was Vice President of Global Online Sales and Operations and was responsible for Google`s online sales channel, which represents the majority of Google`s customers worldwide. In that role, he helped build Google's online advertising network into the largest in the world. Prior to that, David served as Deputy Chief of Staff at the United States Treasury Department during the Clinton Administration Lori Goler VP oI Peo5le and Recruiting Lori joined Facebook following five years at eBay, where she led consumer marketing with responsibility for marketing strategy, brand management, advertising and consumer promotions. While there, she also served as General Manager of the eBay Stores business Everyone is concerned about talent. Demogra5hic ShiIts and WorkIorce Globalization Have Created a War Ior Talent Aging WorkIorce Less Skilled WorkIorce Talent Crisis 1990 2000 2010 2020 0 3 10 13 20 23 ro[ecLed Cap ln Skllled Workers by 2020 20 Mllllon Skllled !obs Numbers oI jobs and workers, in millions (adjusted Ior multi5le job-holding) unskllled !obs Work lorce Executives Need Answers to Key Questions W Are we retaining the best em5loyees and where did we recruit them Irom? W Who are our to5 5erIormers? How can we hire and develo5 more 5eo5le like them? W Do workers have the skills needed to achieve 5erIormance goals? W Are the learning initiatives 5ositively im5acting 5erIormance? W Where is talent demand out5acing su55ly? W What are the Iinancial consequences oI talent decisions on our business? lnserL lcLure Pere Essential Elements oI Integrated Talent Management @alenL lannlng Career lannlng Learnlng uevelopmenL CompensaLlon Measure and 8eporL Successlon lannlng 8ecrulLlng erformance ManagemenL Talent LiIe Cycle Getting Answers Requires Integration Who are our top performers? How can we hire/deveIop/retain peopIe Iike them?
re we retaining the best workers? Where did they come from?
Do workers have the skiIIs needed to achieve performance goaIs?