Capstone International's MD, Nick Davies, when speaking at a networking event, gave the audience an insight into past and current thinking on ‘talent management’. Nick's research into this topic looked at many public case studies, as well as organisations that were directly interviewed regarding their approach to talent management. Companies from new media agencies through to financial institutions created a broad spectrum of ideas.
The presentation looked at the roots of talent management in business dating back to GE in 1912; at that time there was an emerging appreciation for developing and investing in individuals who showed promise and who could deliver results.
Nick identified 7 essential lessons for making talent management work and 3 of the most common mistakes made by organisations. These include:
The 7 Essentials of Talent Management:
- Raise the recruitment standard
- Ensure Board accountability
- Drive your process from succession
- IMaximise what you’ve got and what you do with it
- Eat what you cook
- Give responsibility to your people
Key Mistakes:
- Making it the responsibility of HR
- Thinking that a good process alone will fix it
- Having a 'one size fits all' approach
Feedback from delegates included:
"Some very interesting and thought provoking concepts and assertions"
"Nick Davies' session was brilliant. He covered so much ground with great case study examples"
“Interesting comparison of how different organisations manage talent”
For further information or to order a copy of the powerpoint presentation please contact us on +44 (0)20 7083 0001
Posted on
Monday, October 26, 2009
by Capstone International