According to the major study published in Deloitte Global Human Capital Trends 2016, after three years of struggling to drive employee engagement and retention, improve leadership, and build a meaningful culture, executives see a need to redesign the organization. The authors of the study reported that 92% of the survey participants rated this as a critical priority.
This “new organization” is built around highly empowered teams driven by a new management model. This means that HR is redesigning everything it does—from recruiting to performance management to onboarding to reward systems. My colleagues and I believe this portion of the study validates the work the Talent Management Institute has been engaged in for the past five years.
In preparation for my key note presentation at the 2015 Talent Management Symposium in Saudi Arabia, we decided it was time for us to create The Total Talent Management System™ which integrates the various elements we had been using for the last 20 years into a systematic process. The Total Talent Management System™ is a dynamic human system and interconnected progressive talent ecosystem which includes the following ten elements:
Along the way I wrote the book, Turning Good People Into Top Talent (Fourth Edition, 2007) which included only twenty pages in Chapter Seven, “Talent Management: Maximizing Engagement, Retention and Utilization.” As someone famously said, “We have come a long way, baby.”
Other chapters were devoted to what we call ”Strategic Pre-Requisites” that must be in place for the system to function properly. This is what we believe the “new organization” the Deloitte study refers to, which includes “the rise of teams.” It is interesting that the study cites General Stanley McChrystal’s book, Team of Teams which I referenced in my symposium keynote.
Jim Clifton, Chairman of The Gallup Organization, has been warning us about this for as long as they have been doing engagement studies. Now, Deloitte has given us the data which indicates a high level of readiness and intention to take action.
The Total Talent Management System is uniquely designed to provide the solutions to the areas the Deloitte report discusses. Are you ready to develop an action plan and set some target dates? The Talent Management Institute has developed the Free TTMS Satisfaction (Priority) Index to help you prioritize and plan your implementation strategy.
Free Offer: Next Steps
Begin by completing the Free TTMS Satisfaction Index, an online questionnaire to indicate how satisfied you and other stakeholders are with the current level of effectiveness of the ten elements. The results of the index and the Free Professional Debrief will provide guidance in planning the implementation of your Total Talent Management System™.