Browsing: Competency Based Talent Management

According to an article in HBR “CEOs need to pay attention to Employer Branding”, the war for talent is on once again.  As unemployment has dropped significantly, employers are fighting for top talent.  “In a recent 2015 survey, 73% of CEOs reported being concerned about the availability of key skills.” This time the focus is on employer branding as a way to strengthen recruiting and gain recognition as an “Employer of Choice”.  Many of our clients are placing employee engagement at the top of their list of strategic objectives.  It seemed to be a trend I didn’t quite understand but now I get it.  Employees themselves are critical communicators of the employer brand.  “The rise of social media has made companies a great deal more…

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For long time readers and clients, this headline should come as no surprise.  CareerBuilder just published some research on the job market and hiring prospects for new college graduates and some of the findings, although well known within this blog’s community, are still worth discussing. The main point raised is that colleges are not adequately preparing their students for the job market.  Rosemary Haefner, Chief Human Resources Officer of CareerBuilder says “One in five employers feel colleges do not adequately prepare students with crucial workplace competencies, including soft skills and real-world experience…”.  Imagine if 20% of your customer base is not happy with your product! Here are the top competencies that were lacking in new graduates: Interpersonal or people skills: 52 percent Problem-solving skills: 46…

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In doing research for an upcoming leadership coaching session with a CEO, I came across something in Forbes that I cannot resist taking on (you see, normally I’m quite a shy person ;-) ).  The author (Mike Myatt) makes a bold statement saying that companies are doomed to failure if they use a competency based model and that it “eviscerates talent development”.  Unfortunately, while he is trying to make a very important point that strategic (soft) skills are far more important than technical skills, he blames competency based models as the culprit when what he should be attacking is the content of the model.  His real point is that competency models that consist of Technical competencies and don’t account for Strategic competencies are doomed to…

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At The Mpower Group we are strong proponents of Competency Based Talent Management.  One of the greatest assets most organizations have is their talent, yet few companies make the investment in that asset relative to other investments.   A large part of our consulting practice in fact is focused on helping organizations build capability and competency through Competency Based Talent Management (“CBTM”).   We look at CBTM as a system that needs to be managed as such.  We also believe that, at its core, is a well- defined competency model that helps employees understand what behaviors are required to be successful in their role.  One element that is often a given, is Performance Management.  Companies have built elaborate systems and spent millions of dollars to evaluate employees on…

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My original title was going to be ”Just Hire Skirts” but I was told in no uncertain terms that some might find that offensive, regardless of my message :-) .  There is the famous story of Michael Jordan never winning a championship till the 1991 finals against the Lakers (I watched at the clubhouse in Pebble Beach with a number of clients on a TV we had them drag in during our dinner- the club was not happy :-( ) when his coach pointed out to him that he was part of  a team, and Paxson was open while Jordan was being double teamed and missing shots.  Bill Russell (11 championships in 13 years) was asked if the Miami Heat was going to win when…

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While there are a number of reasons, the biggest seems to be that not going to college is considered a failure while the same is not true in Germany.  Called the TVET, Germany has had an apprenticeship program in place that encourages students to apply for 2-3 year training contract that allows the public and private sector to partner and provide both additional education and practical on the job training – Germany has the lowest unemployment rate amongst the young. On the other hand, you have companies that are severely constrained in their growth in the US because they cannot find people.  Here is one frustrated CEO:”I wish that we could go to the school system and be able to hire machinists, tool and…

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