Business Organizations Create Data-Driven Talent Pools in House

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2. Business Organizations Create Data- Driven Talent Pools In House Having a strong in-house talent pool is essential for busin ess to gain success in the highly competitive markets tod ay. However, building such a talent pool is not a task that can be accomplished overnight. Rather, it is a continuous process that needs to be plann ed and executed in a careful and efficient manner. In this context the professionals offering the services of board advisory in China stress on the importance of using a dat a-driven approach towards identifying employees with th e best potential. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

3. Business Organizations Create Data- Driven Talent Pools In House It is then the responsibility of the business organization t o provide the right avenues of growth and development to these employees, who will naturally become a part of the exclusive talent pool of the organization. Understanding The Data Driven Approach Whether it the market statistics or information related to productivity and sales, every aspect of business operatio ns relies on data obtained from various sources. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

4. Business Organizations Create Data- Driven Talent Pools In House Data plays an extremely important role in the smooth fu nctioning of most business organizations today. This widespread data usage has also influenced the man ner in which the employee performance is measured and recorded. This in turn has made it easier for business organization t o assess the performance of individual employees over a given period of time. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

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6. Business Organizations Create Data- Driven Talent Pools In House Seek Relevant Data From Managers The first step to be taken in this direction is to seek regul ar feedback from the managers operating at various orga nizational levels about the performance of their subordin ates. The managers should be provided with a basic performa nce data sheet that they need to fill at regular intervals f or each member of their team. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

7. Business Organizations Create Data- Driven Talent Pools In House This is one of the easiest way for the top management to analyze the performance statistics of the individual mem bers of the workforce and identify the candidates with th e best potential. Match Performance Data With Personality Skills Relying simply on the performance data of individual em ployees to include them in the in-house talent pool is not right. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

8. Business Organizations Create Data- Driven Talent Pools In House Rather, the top management needs to ensure that the in dividual personality skills of the employees are in tandem with their overall performance. This is of utmost importance as the skills will be responsi ble for driving the performance of the employees under an entirely different set of conditions which might be mo re stressful and demanding. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

9. Business Organizations Create Data- Driven Talent Pools In House Establish Their Passion Towards Fulfilling Career Objectives The professionals offering the services of CEO advisory i n China also need to focus on the passion that the emplo yees have towards achieving their career objective. For this the management needs to consider the data that details the skill enhancement activities that the employe es might have taken part in. T Te el l : : + +8 86 6- -21 21- -6474 6474- -7 70 06 64 4 | | s si imo mon n- -w wa an n@c @co or rn ne er rs st to on ne e- -g gr ro ou up p. .c co om m E Exe xec cut uti iv ve e S Se ea ar rc ch h C CH HI IN NA A – – A AS SI IA A

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