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Talent Management/Human Capital Management. A strategic advantage?. Paula Klempay Director, MBA Career Services April 22, 2010. Overview - A holistic approach to HR Mangement. Optimal when aligned with Business Strategy. Workforce planning, identifying talent gaps, succession planning
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Talent Management/Human Capital Management A strategic advantage? Paula Klempay Director, MBA Career Services April 22, 2010
Overview - A holistic approach to HR Mangement. Optimal when aligned with Business Strategy • Workforce planning, identifying talent gaps, succession planning • Sourcing, attracting and recruiting candidates • Managing and defining competitive salaries • Training and development opportunities/leadership development • Performance management processes • Retention programs and transitioning • Supported by HRIS and HRMS – did I mention measurement?
Different companies emphasize different things Some focus on developing high potentials Others focus on developing talent in the organization more generally Best practice – align the company’s talent initiatives with the business strategy Many believe this is the only thing companies have left to leverage
We’ve come a long way, baby Anyone watch “Mad Men?” This really is better. Lots of great books – two favorites High Flyers, Morgan W. McCall, Jr., HBS Press The Talent Code, Daniel Coyle, Bantam Dell