Future of Talent Management Presentation
Future of Talent Management Presentation
Future of Talent
Management
Anne-Sophie Forche, Dominic Norcross, Paula Rivera
Interaction I: Get creative!
Imagine, that the HR manager of a big organisation asks you for your help: They are struggling to
adjust their current Talent Management Strategies to the challenges of Digitalization and Work 4.0.
Take a pen and a paper and write down the ideas you have in keywords. At this moment you don’t have
to think about financial/practical limitations - write down every idea you have! Dream Big!
Interaction I: Get creative!
The story so far
(Mc Donnell et al., 2017)
C
B
B C
Coping with the complexity
Possible solution to find reasonable team-
performance indicators that capture the
complexity of interactions? 8
4
7
7 4 7
7
2 1
8
8 5
1 8 1 C
B
4
What is Big Data?
How is it possible to work with Big Data?
Data scraping: Gathering data from websites, smartphone and computer networks, and
translating it into behavioral insights
→ Open source and free of use
→ Customized devices for HR scraping needs
Data storage: Development of storage devices due to large amounts of useful data e.g.
iCloud, Dropbox
→ Increase standardization
→ Allows to store the interviews
→ Allows to re-watch the recordings
How much can photos, messages, music lists, and “likes” tell about
ourselves?
→ Nearly 25% of all the people in the world have active
Facebook accounts
→ Has become a research tool to evaluate human behavior
→ Scrape potential job candidates’ profiles outside the pool of existing job applicants
→ Employee's perception
Gamification-Super Mario Effect
Gamification
→ Individuals may provide consent for their data to be used without understanding the implications
→ It would be better if they fully understood what can be known about them
Grim outlook:
● analytics may emed mainly financial and engineering perspectives while overgoing HR
perspectives, reducing strategic influence of HR
● damage quality of working life and employee well-being, without delivering sustainable
competitive advantage
Barriers and Problems (Angrave et al., 2016)
Analytics industry (Oracle, IBM, SAP):
Mindset consultancy driven approach, selling
products rather than solving problems
Skills, Knowledge and Insight to ask right
“modern” Software already out of
questions
date: not only war for talent but
already issues of “engagement,
empowerment and environment”
agressive
marketing
expensive
and generic
solution operational and financial
aspects
Market
The Solution (and our chance)
HR of Organizations
Other future developments
Other future developments - New Core
Competencies
- (still) ongoing displacement of human labour through technology (-> costs, efficency)
- necessarity of humans in certain tasks (requiring empathy, creativity, planning and ‘‘cross-
domain’’ thinking)
- trend for personalized products and solutions
-> not longer those with the highest technical expertise are the most successful / get promoted
“Interviewees suggested that the complexity of modern engineering projects and client demands
requires a whole new set of competencies, including commerciality, client management skills,
relationship and communication skills, collaboration, systems thinking and a stronger external market
focus”
“ For us to be successful as a business, behavioural and technical competence are equally important.
You might say we’re an engineering business that’s quite good at the people stuff, but we want to be a
people business that’s good at engineering.”
Other future developments Global Talent
Management
- talent of skilled migrants often stay under-recognized -> high barriers for entering TM pools
- reasons: homosocial reproduction, stereotype, …
- organisations, that want to open up new global markets, need other talents than those, who stay
in familiar field
- crucial skills for key-positions: cross-cultural adaption, flexibility, resilience
Five propositions
derived from
1. Organizations willing to invest in long-term strategies to attract and retain skilled migrants have a higher propability
to profit from these efforts.
2. For these benefits have to understand the specific career capital characteristics take attention to them in their TM
strategies
3. All organisational levels profit from takingh the objective and subjective career motivations of skilled migrants into
account and offering appropriate career paths.
4. Organizations specifically including skilled migrants in their Talent Management strategies and monitor their work,
may be able to take better use of their skills and therethrough increase their performance.
5. Organisations that make diversity-inclusive commitements may be more successful to fulfill their long-term
outcomes.
And how about…?
Women and non-binary persons with unusual
persons educational careers
“HR must adopt a more challenging role, for instance, in encouraging managers to take appropriate
risks on people for the benefit of their long-term development, and ultimately build a stronger talent
pipeline”
Trends in TM - design thinking
Three key principles:
● ‘‘empathize’’
● ‘‘envision’’
● ‘‘experiment’’
Tools:
● experience mapping (observing peoples behavior to identify actual experiences and needs
● touchpoint simplification (improving emotional points of contact)
● rapid prototyping (brainstorming a model to be developed further)
Trends in TM - behavioral economics