Talent Strategy & Management Flashcards
Linking TD Goals to the Organization’s Strategy
TD goals flow from org objective and describe how the objective will be achieved by developing the talent involved
Goals have specific measures that can be used to evaluate whether they were achieved (stakeholders agree to the measures)
Part of goal setting defines results required for critical roles with a performance gap through a structured process involving job analysis and task analysis to identify role competencies and then necessary KSAs
What does a job analysis give a TD professional?
Competencies necessary to perform each role
What is a task analysis?
The process of examining a single task within a job and breaking it into smaller steps; deconstruct the whole job analysis until all tasks are described
Comes after job analysis
At the highest level, what must a TD professional do to ensure alignment b/w goal-setting process and org needs?
- understand the organization
- work with stakeholders to ensure TD goals are addressing these needs
What are 6 steps for customizing alignment b/w TD and org needs? (Developing TD goals)
- Read org’s strategic plan, business plans, or other docs available
- Meet with senior execs and stakeholders to discuss org’s strategic objectives and how TD can help
- Be part of the TD strategy process, or read and understand the talent strategy to align TD objectives
- Analyze info from interviews with execs and stakeholders; meet with TD to determine which strategic objectives TD can influence; determine internal capabilities within TD and whether outside assistance is required
- Review recommendations with stakeholders, confirm understanding of the goals, and receive feedback on the approach
- Decide on measures for each goal
What are two challenges in aligning with strategic goals and how to resolve them?
- By being proactive, TD professionals can avoid receiving direction from multiple stakeholders who have no clear priorities
- Through continuous coaching, feedback, and quick course-correction, managers help teams to not get distracted by org changes and related requests and simple one-off requests that are easy to meet.
What are 5 ways TD may be called upon to support org strategy?
- Compliance needs: learning solutions to keep the org in compliance with laws and regulations
- Deliver basic capability: basic skills training and information to assimilate new employees and reduce time it takes to learn new job
- Replicate org success model: replicate successful ways to be efficient through ongoing efforts and ad hoc solutions
- Provide tactical support: L&D support for new initiatives or activities, like a new system implementation, where TD is an integral part of the implementation project plan
- Strategic partnership: seat the table where TD objectives are included in the org’s strategic planning process
What is the order of TD activities for executing the TD strategy?
- Develop TD strategy
- Reach agreement/buy-in from all relevant stakeholders
- Develop specific goals and milestones
- Further refine the goals at the team/individual level
What can be used by TD track execution of the strategy, as well as the established measures for success?
Project plans (many of TD’s products and services involve projects that must be planned and executed)
Why are measures for success important in executing the TD strategy?
They represent the effectiveness and efficiency of L&D activities and their impact on the org. They also represent the efficiency and effectiveness of TD.
What are two things to keep in mind when developing measures for the TD strategy?
Measures should be developed concurrently with the TD strategy and goals
Measures need top-level support and agreement before activities are undertaken
What are three types of TD measures?
Effectiveness measures - measure quality (e.g., reaction/satisfaction, learning, application, org impact, ROI)
Efficiency measures - time, quantity, and cost (e.g., # of participants, training hours, time to completion, total costs of learning programs)
Outcome measures - results or impact of the activity (e.g., results of the training program, such as how a LD program affects succession plans)
Is it better to maintain standard effectiveness, efficiency, and outcome measures that show alignment with strategic priorities at the highest level or different effectiveness, efficiency, and outcome measures across different audiences?
Different measures for different audiences
Different levels in the organization’s hierarchy focus on different results and want to hear TD professionals discuss the topics that are most pertinent to them.
Most executives want to hear a value proposition from TD.
What 5 things should TD professionals do when communicating TD’s contribution to the organization’s outcomes?
- Link results to KPIs or strategic objectives
- Turn TD acronyms and terminology into language that will be understood by leaders/execs
- Keep message short and simple; use appendices, if needed
- Communicate purpose of document upfront
- Include an executive summary to outline main points; execs want to know the conclusions at the beginning
Value proposition
a statement that communicates why a customer should buy from the seller
For talent development, the value proposition is the same: Why should customers get their L&D from TD professionals?
What are the inputs for TD in order to approaching learning like a business?
- know products and services offered
- know who the clients are
- know processes for buying products and services
- know the costs for doing so