How to – Leverage the Career Process and Manage Talent There is a lot of discussion about attracting and hiring talent in today’s marketplace. With shifting demographics, an increased emphasis on diversity and inclusion, and a new focus on the lack of career on- and off-ramps, there simply is a shortage of people to fill the openings that companies currently have. This does not bode well for filling the openings that organizations WILL have.

The cost associated with acquiring and training employees is significant. Once you have employed people, you want to develop and retain those who can move your firm forward. Significantly, there are strategies that will allow you to leverage and nurture talent.

Career Tracking

• Monitor high potential employee at all company levels
• Systems should be in place at headquarters, plants, and all business units and site locations
• Educate employees and managers about these systems

Mentors

• Coaching method training should be provided, used, and monitored
• Mentors need to be engaged in the pipeline process
• Managers and mentors should be educated about the value of this proves to the business

Incentives

• Incentives and bonuses should reward or penalize employees fro meeting or missing goals
• Use recognition and reward strategies

Data Tracking

• Develop profiles to help the company fill gaps
• Profiles of key job opportunities must be shared with managers and employees
• Review data periodically to make sure it is being communicated and leveraged

High Potential Employee Monitoring and Support

• Identify high potential employees to insure success
• Provide ongoing support for high potential employees
• Initiative leadership development programs for high potential employees

Accountability

• Regularly review data, gaps, systems and successes
• Make company leaders accountable for becoming an organization that attracts candidates
• Tie bonuses and income for executives to recruiting and retention initiatives and diversity goals

Labels: accountability, Career development, management

  10:25 AM •  0 Comments •

How to - Maintain Solid Footing When Change Occurs There are some significant trends that create an impact in every workplace. It’s important to recognize and understand the trends in order to use them to your advantage or to avoid letting them derail your career plans.

• Technology – Every media outlet advertises the encroaching tentacles of the Internet and technology. It certainly seems to be evolving into a dot-com world. Many people are logged on to the Internet, tracking data on their Palm Pilots, speaking into mobile phones, plugging into Ipods, and using new acronyms that sound like alphabet soup.

• Changing Business Landscape – Mergers, acquisitions and start-ups create new companies, morph old companies, and some companies disappear from sight completely, never to be heard from again. Companies tank, rise like a phoenix from the ashes and reinvent themselves on a daily basis, in an effort to stay viable and competitive.

• Career Development – Not so long ago, career development was fostered by the place where you worked. Today you are on your own when it comes to learning and development. The ability to promote yourself as a solution to a company’s problem is more critical today than how you will grow and develop with them. The message seems to be –“produce on our time, learn on your own.”

What You Need

As these trends shake things up, there are a few key skills that will help you keep your footing and thrive in the changing workplace:

Lifelong Learning – The ability to obtain and understand new skills is one of the most useful abilities you can have. A demonstration of your willingness to keep up with the evolving world can be in the form of taking a class, keeping current on recent publications, and attending professional meetings and seminars.

Navigate Your Own Career – Make sure you are able to communicate what you have done, can do, won’t do, and want to do. Your ability to handle autonomy can be seen as initiative. The old paradigm of being shepherded through your career is gone. It’s replaced by the new reality that says “no one cares about your career as much as you do,” so tend to your own development and growth.

Promote Yourself – Your work does not speak for itself. Success is often a combination of what you know, whom you know, who knows you, and who knows about you. Get the word out.

Flexibility –Your ability to change and to make transitions efficiently is a very attractive commodity. Being able to maintain your motivation and prevent paranoia, as things evolve, creates an appealing energy that employers look for.

Labels: Career development, self promotion

  4:04 PM •  0 Comments •