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…
Browsing: Competency Based Talent Management
A recent white paper from SAP proclaims: ”The ability to attract, retain and manage talent will soon become one of the biggest factors in determining organizational success”. While the paper is focused on the unique challenges that millennials pose to organizations, the points it makes are broadly valid.
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.
As I was waiting for the coffee to brew in the office this morning, I was greeted by the “Bagel Supply Chain” process we have posted by our coffee station. The morning bagels are long gone (since we are all on diets) but the posted…
One of the key factors Ben Horowitz uses in evaluating chief executives is their skill at making decisions. Horowitz should know. As a venture capitalist, he is in the business of hiring CEOs—lots of them.
I read a blog post today from the HBR Blog Network entitled “Solving Gen Y’s Passion Problem” written by a Generation Y member, Cal Newton. He notes several sources that have called this generation “Generation Me”, “The Worst Generation” and “Generation Why Bother”. They are often characterized as “pampered”, “high maintenance” and “perhaps . . . too happy at home checking Facebook”.