Talent Management & Acquisition Winning the War! The War for Talent What is Talent Management? A process of planning for, sourcing and selecting, on boarding, assimilating, developing and retaining top talent in order to achieve an organization’s mission or strategy. TALENT MANAGEMENT PROCESS Workforce Planning Sourcing Interviewing, Assessment, and Selection Orientation/Assimil ation: First day - first few months Goal Setting Performance Management Final Candidate Selection and Offer Acceptance On Boarding: Acceptance - 1st Day Development Planning Total Rewards Recognition Career Pathing A Strong Employee Value Proposition Having a Talent Mindset in Your Organization Fueling The War for Talent~ The Information Age Higher Caliber Talent Job Security The landmark study… Bottom line… Effective Talent Management is making sure you have the right people, in the right place with the right capabilities, at the right time. Top 10 Jobs US Employers are Having Difficulty Filling 1 2 3 4 5 6 7 8 9 10 Skilled Trades Drivers Teachers Sales Representatives Secretaries, PAs, Receptionists, Admin. Asst., Support Staff Management / Executive (Management / Corporate) Nurses Technicians Accounting & Finance Staff Engineers Collier County is a GREAT place to live, work and play! But, the reality is… • Huge economic gap • Cost of living is very high • Seasonal implications • Over reliance on Tourism • Over reliance on small/medium businesses Implications of this reality… • A family of three needs an income of $45,000 per year to survive Implications of this reality… • About 1 in 5 children under the age of 18 is living at or below the poverty level Implications of this reality… • More than 54% of Collier county students in grades pre-K through 3 live in non-English speaking homes What I LEARNED about the nonprofit world in Collier County… What DID I MISS? Your biggest pain point is….. …hiring and retaining top talent My “mission” for nonprofits in Collier County…….. Sharing the “Secret Sauce” Attracting Developing Retaining Talent Strategy needs to be determined….. Where is your agency in terms of its organizational life cycle? 2Sharing Preparation Methods the “Secret Sauce” for… Generational Issues in the Workplace Why Employees Leave Their Jobs Our Four Generation Workforce Provides Challenges Managing a multi generational workforce… Top Four Reasons Why an Employee Leaves a Company Top Four Reasons Why an Employee Leaves a Company 1 Management 2 Lack of Advancement 3 Lack of Recognition 4 Salary and Benefits/Too Much Work Main Ingredients Sharing the “Secret Sauce” for… Begin Sharingwith… the “Secret Sauce” for… Crafting a winning Employee Value Proposition Rebuilding your Recruiting Strategy Crafting a Winning Employee Value Proposition Why a candidate would leave their current company? What keeps your employees coming back? Starbucks EVP To Be A Partner Being a Starbucks partner means having the opportunity to be something more than an employee. Gigantic possibilities lie ahead—to grow as a person, in your career and in your community. To live the Starbucks mission and to be a leader. It’s the opportunity to become your personal best. To be connected to something bigger. To be meaningful to the world. And to be recognized for all of it. It’s all here for you. Connect to Something Bigger Connecting with each other, with our customers and the communities we are a part of fosters a deep sense of purpose at Starbucks. We believe we can all become a part of something bigger and inspire positive change in the world around us. That’s why we go out to do community service as a team throughout the year, partnering up with organizations to revitalize and enhance the neighborhoods we serve. Benefits At Starbucks, our Total Pay package is called “Your Special Blend.” It’s a benefits package that is tailored to the needs of our partners. And it’s designed just for you We look for people who are adaptable, self-motivated, passionate, creative team players. If that sounds like you, why not bring your talents and skills to Starbucks? We are growing in dynamic new ways and we recognize that the right people, offering their ideas and expertise, will enable us to continue our success. Rebuild your Recruiting Strategy Workforce Planning Develop a Performance Profile Develop a Sourcing Strategy Utilize Behavior Based Interviewing Determining Reference Candidate Motivation Checking Behavior Based Interviewing (BBI) Example of a Competency Managing Change: The ability to demonstrate support for innovation and for organizational changes needed to improve the organization's effectiveness; initiating, sponsoring, and implementing organizational change; helping others to successfully manage organizational change. Behavioral Indicators: Personally develops a new method or approach. Proposes new approaches, methods, or technologies. Develops better, faster, or less expensive ways to do things. My Golden Rules of Interviewing Measure first impressions last Listen 4x more than you talk Get the details ~ get EXAMPLES Look for trends over time If it doesn’t pertain to the job, don’t ask it! Candidate Motivation A Word on Candidate Selection… Ultimate test: always go back to your job profile. Measure the candidate against your job profile and the competencies in your profile (organization and role competencies) The best candidates want to work for a great manager with good interviewing skills with knowledge about and passion for the organization! A final thought……. Candidates judge the quality of the company and the quality of their potential manager by the quality of the interviewing process! Lesson Learned Rejecting a “problem employee” during the hiring process creates minimal exposure. The real exposure comes when you hire a bad candidate and subsequently have to fire them! Next Key Sharing theIngredient “Secret Sauce” for… Next Key Sharing theIngredient “Secret Sauce” for… Coaching for Performance – Regular Feedback Weave Development Into Your Organization Next Key Sharing theIngredient “Secret Sauce” for… Goals Tied Your Mission with Line of Sight Development Plan that the Employee Owns Next Key Sharing theIngredient “Secret Sauce” for… Get Them Excited! Add 2 Cups Retaining Sharing the “Secret Sauce” for… Add 2 Cups Retaining Sharing the “Secret Sauce” for… Differentiate and Affirm Your Employees Career Pathing and What’s Next Differentiate and Affirm Your People Superkeepers Keepers Solid Citizens Questionable “A” Players Superior performance, inspire others, embody core competencies of the organization 3-5% “B” Players Exceed expectations, help others improve performance, exhibit core competencies 20-25% “C” Players Meet performance expectations, enhance work of others, meet org competencies 70% ??? Immediate remedial effort needed to move up to Solid Citizen or out of the organization 5% Add 2 Cups Retaining Sharing the “Secret Sauce” for… Total Rewards and Recognition Make Sure Everyone is Embracing a Talent Mindset Everyone must embrace a talent mindset… …and it starts with YOU! Ideas for What’s Next I’d love to hear from you…I’d love your input and ideas I will share any of the templates, or the BBI Guide Book Your ideas on workshops by topic with case studies Designed for Executive Directors and HR Directors Sample topics: New employee on-boarding, orientation, and assimilation Performance management – employee evaluation, performance improvement Development Planning, Career Pathing and Succession Management How to create a Talent Mindset in your organization Complete with Guidelines, forms, and suggested policies and/or procedures Workshops for new key employees – surviving the first year of a job Individual agency consulting around specific pain point solutions life is short. work somewhere awesome… Thanks!