Succession Planning and Talent Management: Otto Tawanda Chisiri
Succession Planning and Talent Management: Otto Tawanda Chisiri
Talent Management
Technology
Globalization
Organizational Assessment of
employee abilities and potential
Communication of information
concerning career opportunities
with the organization
Otto Tawanda
Chisiri. all right
6 7/14/2019 reserved
Succession Planning -Definition
Why SP?
– visionaries are those who groom their young ones to take the lead position and to take the cause of organization forward
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TALENT MANAGEMENT
What is Talent Management?
TM focuses on
!!! Surveys show that firms recognize the importance of talent management
but they lack the competence required to manage it effectively
They have
transferable high
competence
To empower employees:
• Cut down on high turnover rates
• Reduce the cost of constantly hiring new people to train
It describes in
“A TM creed is the
general terms
set of core
what types of
principles, values
people are
and mutual
expected to work
expectations that
in the organization
guide the behavior
and what type of a
of an institution
culture is desired
and its people”
to achieve success
Superkeepers- greatly
exceed expectations (3-5%)
Keepers – exceed
expectations (20 %)
Superkeepers- receive
Keepers –receive about Solid citizens- receive
about 5 % of all the
25 % of all the about 68 % of all the Misfits- receive about 2
resouces; need very high
resources, need high resources, need % of all the resources
recognition, compensate
recognition, compensate recognition, compensate for some, compensate at
much more than the pay
more than the pay at the market level or below market average
market, promote very
market, promote rapidly just above
rapidly
SuperkeeperTM reservoir.
• SuperkeepersTM are employees whose performance greatly exceeds expectations, who
inspire others to greatly exceed expectations, and who embody institutional competencies.
Surpluses.
• Positions with more than one replacement for an incumbent. While ostensibly a positive
result of the talent management process, it can be a potential source of turnover and morale
problems if the replacements are blocked by a non-promotable incumbent and/or there is no
realistic way most of the promotable replacements can advance.
(Lance and Dorothy Berger, 2011)
Voids.
• Positions without a qualified backup. Determine whether it will transfer someone
from the surplus pool, develop alternative candidates, or recruit externally.
Blockages.
• Non-promotable incumbents standing in the path of one or more high-potential or
promotable employees.
Problem employees.
• Those not meeting job expectations (measured achievement or competency
proficiency). Give opportunity to improve, receive remedial action, or be
terminated. The time frame should be no longer than six months.
Action Orientation
• Targets and achieve results,overcomes obstacles, accepts responsibility, creates a results-oriented
environment.....
Interpersonal Skill
• Effectively and productively engages with others and establishes trust, credibility, and confidence
with them
Creativity/Innovation
• Generates novel ideas and develops or improves existing and new systems that challenge the
status quo, takes risks, and encourage innovation
Teamwork
• Knows when and how to attract, develop, reward, be part of, and utilize teams to optimize results.
Acts to build trust, inspire enthusiasm, encourage others, and help resolve conflicts and develop
consensus in supporting higperformance teams
TALENT=COMPETENCE+COMMITMENT+CONTRIBUTION
• Being competent is not only enough to be a talent
• The competent person should be committed to the causes and goals of the
organization
• And should be able and willing to contribute to the success of the organization
• So, developing your talent is not enough, the organizations need to take all the
measures to motivate, reward their talent pool to gain their commitment and
contribution.
• Retention is also essential to gaurantee future alignment of the talent with the
right key positions
Work environment
• Managerial support
• Rewards and recognition
• Removing barriers
Assessment
Career Potancial Candidates
Committees and
Succession Lists
Development
Approval
of the Talent
Lists Development
Programs
Otto Tawanda
Chisiri . all right
January - March April 38 7/14/2019 May on......
reserved
Structure of a Talent Management Program
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Classwork and/or Homework
THANK YOU