Talent Management

The Perfect Talent Storm

There is a perfect talent storm brewing. The recent economic recession, the challenging global business environment and increasing talent crisis demands innovative and pragmatic approaches to finding, developing and retaining talent. Individuals are increasingly demanding to be treated as a whole person with needs, values, aspirations and a life beyond work. This has resulted in a crucible of competitive pressures, supply limitations, workforce reductions and a clamour to find high caliber people and skills to navigate a way through the stormy waters.

Catalyst's service offering in the field of talent management includes:

• Talent Management Strategy and Frameworks
• Talent Management Implementation Toolkit
• Leadership Pipeline Performance and Competency Standards
• Talent Forum Establishment
• Capacity Building for implementation of Talent Management
• Competency Profiling and Management for development planning

Framework for Talent Management

Talent Strategy

• Alignment to Business Strategy and organisation capability
• Business imperatives and benefits of Talent Management
• Definitions and philosophy of Talent Management - building a talent culture
• Best practice research vs. current reality
• Talent Management conceptual framework, processes, presentations and toolkit
• Development of Leadership Pipeline and performance standards

Talent Identification and Succession Planning

• Identify Mission critical positions
• Identify Scarce skills
• Identify Leadership\ Technical stars, key players and blockers”
• Nine Box performance\potential matrix
• Succession planning for mission critical positions
• Career Planning for Stars
• Balancing the demand and supply of talent

Talent Resourcing

• Target external market for specific skills –professional\technical supply, critical skills etc.
• Strategic sourcing, outsourcing and strategic development partnerships.
• Leaders continuously hunt for talent
• Transition management and on boarding
• Internal market \ job posting
• Establishment an attractive talent value proposition

Talent Development and Deployment

• Leadership/Technical competency profile development
• Competency gap analysis and Personal development planning (PDP's)
• Coaching and mentorship
• Stars programmes/projects
• Suite of management development programmes
• Implement deployment actions
• Provide development opportunities - new appointments, action learning projects, secondments and exchanges, coaching
• Create space for talent (unblocking activities)
• Manage and track the transitions, on boarding and performance of deployed talent

Talent Retention and Release

• Practice of strategic alignment, engagement and enablement
• Development of a meaningful value proposition, attractive people brand and conducive culture “great company, great roles, great leaders, great rewards and a great culture”.
• Performance management in relationship to the leadership pipeline performance standards
• Career development\management
• Recognition and rewards strategy
• Incentive and retention scheme initiatives
• Space creation through voluntary separation