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Gearing Up for Talent Management: ONE INTEGRATION AT A TIME
Why should Organizations integrate different facets of their employee management functions?
Better performance More satisfied employees Stronger business results
In many organizations… Employee management tasks are independently performed by separate departments: HR welcomes employees L&D trains employees Management reviews employee performance The question is…
How – and when – is that employee information shared between departments?
Are new hires told what is expected of them … Or do they only find out at performance reviews? If a new hire needs training… Are L&D and management informed? If an employee has a performance issue… Is specific training scheduled?
HUMAN RESOURCES TRAINING & DEVELOPMENT MANAGEMENT RECRUITING SUCCESSION PLANNING Siloed Functions = Siloed Information Do you know where your employee data is? EMPLOYEE DATA
What’s the solution? INTEGRATION. What the industry calls TALENT MANAGEMENT.
“Talent management is a set of integrated organizational processes designed to attract, manage, develop, motivate and retain key people.” - Bersin & Associates
• Fewer programs to learn • Fewer IT projects to develop • Fewer vendors to manage • Better goal-setting • Better tracking • Better sharing of information Why integrate applications?
SUCCESSION PLANNING Bersin & Associates studied: How effectively organizations integrated these processes, and… What the outcomes were in terms of employee, talent management and business results. Talent Management Processes
So, how many applications do you think you need to integrate before you see positive results?
So, how many applications do you think you need to integrate before you see positive results? 2
That meansyou can start small… and grow over time. However…
That meansyou can start small… and grow over time. However… Some integrations matter more than others.
SUCCESSION PLANNING What integrations will bring the biggest and most immediate results to your organization? NOTE: The size of the gear represents the relative impact of effective integration on results. Where to start?
They were… 3 times more likely to report good employee results 55 times more likely to report strong overall talent management results 100 times more likely to report strong business results When organizations linked Performance Management with Learning & Development… image PERFORMANCE MANAGEMENT LEARNING & DEVELOPMENT
Learning & Development promotes improved employee performance. And recognizing and encouraging great employee performance helps you build and retain the best talent.
Then all new hires get a consistent orientation understand the company’s expectations the start know what training is available to them PLUS Learning & Development knows what new hires need for training Performance Management can track performance from Day One When you add Onboarding to the mix … image PERFORMANCE MANAGEMENT LEARNING & DEVELOPMENT
One by one, integration by integration, you can build your own powerful and comprehensive Talent Management System
LEARNING & DEVELOPMENT Continuous training and development from Day One, tied to the goals, objectives and performance management of the employee, can make a significant difference in the bottom line. This is a great place to start!
Add in applications over time…
Add in applications over time…
Voila! Your Own Talent Management Program
Streamlining systems Higher completion rates of training Better tracking Creating a strong platform for future integrations Other benefits of linking applications
The goal of talent management is to create a highly responsive, high-performance, sustainable organization that meets its business targets. THE GOAL OF TALENT MANAGEMENT
The integration of learning and other disciplines within talent management positively affects not only the value of the individual to the corporation, but to the bottom line business results as well. - Bersin & Associates
THANK YOU! Looking for more information on integrated talent management systems? Watch the SilkRoad Life Suite Demo Video