Chapter 3 - The Talent Management Ecosystem

Question 1

The Strategic Connect

Answer 1

Ecosystems have to be live wire and agile.

TM work smoothly in organizations involves syncing together systems, policies, processes and technology elements.

Growth direction inputs
Growth goals inputs
Strategic Swot inputs

Question 2

Talent Management System

Answer 2

1) Talent assessment and talent scaping: requirements analyzer, databases are critical part and best assessment or scaping applications are those that leverage doctrines. Talent assessment is vital link to organization’s future.
2) Talent policy framework: reduces decision times and infuses accountability into the function. Need to be synced with business pipelines to ensure a talent supply system will be in place.
3) Internal Talent registry / database: building this database is among the first few assignments of a just established TM department.
4) Talent budgeting system
5) Talent pipeline: firm and active channels or a network of channels that connects the organization with all internal as well as external sources and developers of talents across knowledge and expertise areas. (Institution, universities etc)
6) Talent teams: best talent teams are made up of certified TM specialists with HR background.
7) Operating procedures and programs: TMI quality system
8) Talent analytics system: feeds on real time data on employee behavior, performance and response.

Question 3

Talent Management Ecosystem The Generic Model

Answer 3

3 concentric rings: external, internal and HR

External ring: talent pipelines, (universities, business schools etc.) expertise pipelines (experts, consultants etc)

Internal ring: departments

HR ring:

Question 4

Talent Management ecosystem

Answer 4

Founded on the strategic realities and requirements of organizations.