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Critical Functions and Roles: Master Course - Episode 05

1. Critical functions are classified based on their strategic relevance and the demand and availability of talent for the function. Key functions have high strategic relevance and talent availability is low, making them difficult to fill. 2. A function is considered a key function if the company's future competitiveness directly depends on it, high performance makes a significant difference to the company's success, and the best talent is needed, not just suitable candidates. 3. Bottleneck functions refer to those with high demand that are difficult to fill due to labor market conditions, where there are fewer candidates than open positions. They often affect common needs across an organization.

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Muhammad Jafar
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310 views

Critical Functions and Roles: Master Course - Episode 05

1. Critical functions are classified based on their strategic relevance and the demand and availability of talent for the function. Key functions have high strategic relevance and talent availability is low, making them difficult to fill. 2. A function is considered a key function if the company's future competitiveness directly depends on it, high performance makes a significant difference to the company's success, and the best talent is needed, not just suitable candidates. 3. Bottleneck functions refer to those with high demand that are difficult to fill due to labor market conditions, where there are fewer candidates than open positions. They often affect common needs across an organization.

Uploaded by

Muhammad Jafar
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Critical Functions and Roles

Master Course | Episode 05

Professor Armin Trost, PhD | Furtwangen University, Germany


Classifying various functions

low

Demand
small
Talent
Availability

big

high
low Strategic high
Relevance
Critical key and bottleneck functions

low
Bottleneck Function
Big demand (volume) hard
to be filled and replaced
(low availability)
Talent
Availability Key Function
High strategic relevance

Demand
small
high big
low Strategic high
Relevance
Added value in key functions compared to others

Added value

Key function

Mean

Other functions
Mean

Performance
What a key function is – and what not

A function is a key function, if .. A function is not necessarily a key


the future competitiveness of the function, if ..
company directly depends on it high performance in the function
high performance in the function has a big impact on the success of
makes a significant or dramatic the company but does not relate to
difference to the company’s it’s strategy
success the entire company would suffer,
you need to hire and develop the when getting rid of it
best – not just the suitable related pay grades are high
related costs for hiring, if related positions are hard to be
development and retention don’t filled from the in- or outside
matter the need to place a position is
it is on the radar of the CEO urgent
Bottleneck functions

A function is a bottleneck Often bottleneck functions refer to


function, if its demand is of high a common pain (need) across
volume and hard to be met due to different decentral entities (e.g.
labour market conditions divisions, locations, subsidiaries)
There are less candidates For bottleneck functions very often
searching for jobs actively than homogeneous target groups
new hires needed with comparable profiles are
supposed to be addressed (e.g.
Bottleneck functions often are not
graduates of mechanical
of high strategic relevance but they
engineering)
could be. Then a function is both, a
bottleneck and a key function

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