Talent Management is an investment. Every company wants to have the best and brightest employees, and with Talent Management that can be achieved. The item that usually accounts for the highest cost for a company is its work force. With a company's workforce being the highest cost to it, does it not make sense to invest in it? With Talent Management you are developing a more skilled workforce and attracting a higher caliber of new employee.
We all know that training and retraining costs money and Talent Management can reduce these costs. Recruiting the correct people, and keeping a talented workforce is a priority in today's business environment. Having a talented group of employees has always been a key to success; it will translate into cost savings and higher productivity. Talent Management is the investment that will pay dividends over the course of its use.
Outline:
Module One: Getting Started
- Icebreaker
- Housekeeping Items
- The Parking Lot
- Workshop Objectives
Module Two: Defining Talent
- What Is Talent Management?
- Types of Talent
- Skills and Knowledge Defined
- Case Study
- Module Two: Review Questions
Module Three: Understanding Talent Management
- Guidelines
- Importance & Benefits
- Challenges
- Key Elements to Developing a Winning Strategy
- Case Study
- Module Three: Review Questions
Module Four: Performance Management
- Performance Management Defined
- Benefits
- How to Keep Your Employees Motivated
- Case Study
- Module Four: Review Questions
Module Five: Talent Reviews
- 360 Degree Feedback
- Talent Calibration
- Maintaining an Effective Workforce
- Looking to the Future
- Case Study
- Module Five: Review Questions
Module Six: Succession & Career Planning
- What is Succession Planning?
- Developing a Plan
- Executing the Plan
- Overcoming Roadblocks
- Case Study
- Module Six: Review Questions
Module Seven: Engagement
- Employee Engagement
- Generating Engagement
- Influences
- Case Study
- Module Seven: Review Questions
Module Eight: Competency Assessments
- Competency Assessment Defined
- Implementation
- Final Destination
- Case Study
- Module Eight: Review Questions
Module Nine: Coaching, Training & Development
- Setting Goals
- Developing Options
- Providing Feedback
- Wrapping Up
- Case Study
- Module Nine: Review Questions
Module Ten: Dos and Don'ts
- Dos and Don’ts
- Tips for Talent Management
- Case Study
- Module Ten: Review Questions
Module Eleven: Employee Retention
- Goals and Motivation
- The Expectancy Theory
- Object Oriented Theory
- Case Study
- Module Eleven: Review Questions
Module Twelve: Wrapping Up
- Words from the Wise
- Review of Parking
- Lot Lessons Learned
- Completion of Action Plans and Evaluations
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