Browsing: Competency Based Talent Management

Blog-News U can Use
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I recently sent my daughter’s resume to a prospective employer and was quite surprised when he expressed concern about the fact that she had a number of jobs with different companies (Goldman Sachs, JP Morgan, Jeffries etc.). I didn’t react to it but suddenly realized that there was quite a generational gap between the people doing the hiring and the candidates. It is becoming painfully obvious to hiring managers that the values associated with work and career are radically different today than they were – and companies wanting a competitive advantage had better pay attention to that.

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Can common sense be the underlying principle for a Talent Management program?  Evidently it can and is for successfully managing talent at Netflix.  In “How Netflix Reinvented HR” in this month’s Harvard Business Review, former Chief Talent Officer Patty McCord chronicled how the culture was…

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By now you have all heard the gloom and doom surrounding the current talent shortage plaguing the economy, especially as it relates to high skilled and manufacturing jobs. While that may be true in very specific localized geographies, a recent report from Boston Consulting Group offers intriguing insights that apply beyond just manufacturing. Availability of the right talent at the right time (Competency Based Talent Management-CBTM or Talent Supply Chain Management-TSCM, take your pick) have been and will continue to be a major competitive differentiator for your company. However, depending on the educational system to be your supplier of talent is highly risky. Having worked on this issue for almost 2 decades gives me some license to opine.

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