Managing employees' career path, skills and qualifications to best match the company's needs is the essence of a Talent Management Process. For organizations to identify and then utilize top talent within the organization requires foresight and predicting the degree of success for matching candidates to positions. Whether for succession planning, promotion, lateral or vertical corporate mobility, regional or divisional career moves, or simply selecting the best candidate for a newly created position, organizations need precision tools to facilitate this process.
We provide organizations the tools and expertise to aid the Talent Management function. We help: · Create benchmark performance profiles - establish the skill sets required for success at all jobs ·Identify Top Talent - provide percentage matching of all candidates ·Match Talent to Best Position - provide Placement Reports and Behavioral Interview Questions · Provide customized training and development programs - create Targeted and Personalized Coaching Reports · Facilitate Orientation and Onboarding processes ·Create Succession Planning Reports and succession models · Facilitate Leadership development and management training · Perform 360°Peer Reviews and Customize skillbuilding programs ·keep the process objective, fair and equitable ·Validate the Talent Management Process
Talent Management Cycle
Retention and Talent Management
You invest a great deal to search for and hire top talent. Your challenge then becomes to retain your best people. The role of talent management goes hand-in-hand with talent acquisition and talent retention. A 2006 survey conducted by SHRM on employee retention showed that three-fourths of current employees are either actively or passively seeking a new job, due to dissatisfaction with one or several aspects of an existing position. Some of the reasons cited were prospects of better compensation, career opportunities and career development opportunities. As talent managers, then, the role of talent management is entwined with talent retention; because all the training and talent development initiatives are futile if 75% of the talent pool is at potential risk of attrition! Not surprisingly, the most successful companies that exhibit the highest employee retention rates are also successful at achieving their business objectives, primarily due to increased productivity and lower turnover costs. We can help organizations attract top performers and increase retention to measurably increase profitability. Contact us for a complementary evaluation of your employee performance issues.
Are You an Employer of Choice? High performance cultures encourage the development of employees and provide advancement opportunities that best serve the needs of the employees as well as those of the organization. Since those employees who like what they do, are good at what they do and have the capabilities of doing their job best outperform those who are ill-matched, it becomes a business imperative to fill positions with the best-matched employees. Our Succession Planning process identifies employees for positions who best match the requirements for success at these positions. Conversely, candidates also discover opportunities within the organization where their skills and traits best match certain positions, and the areas in which they would be most successful. This enables the company to become an Employer of Choice that attracts top performing candidates and retains its best employees because they are able to be recognized for their strengths and achieve advancement opportunities.
Let Spectrum Performance Management help you attract and retain top performers.
