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Future of Talent Management Presentation

The document discusses challenges and opportunities for talent management in the context of digitalization and big data solutions. It outlines barriers that have hindered progress in talent management strategies and research. New approaches using big data analytics like social media profiling, digital interviews, and gamification are presented alongside ethical concerns regarding their use for talent identification.

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0% found this document useful (0 votes)
43 views

Future of Talent Management Presentation

The document discusses challenges and opportunities for talent management in the context of digitalization and big data solutions. It outlines barriers that have hindered progress in talent management strategies and research. New approaches using big data analytics like social media profiling, digital interviews, and gamification are presented alongside ethical concerns regarding their use for talent identification.

Uploaded by

Paularivera1998
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Talent management

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)

Ever since “War for Talent” has begun

A lot of research in past 2 decades, still on the rise

Has become and will become even more strategically important:

- aging workforce, falling birth rates


- internationalisation, global mobility
- Digitalization and Work 4.0
Methodological Impediments to scientific
progress
Asking the talents, not the managers? → very unitarist and managerialist
orientation so far

Highly fragmented: very little theoretical foundation and no unitary


definitions

Need for more empirical designs


Overcoming the obstacles

Involve the talents!

Step back to focus on key foundations, definitions


and talent identification

Empirical designs based on falsifyable


theories and constructs!
VALIDITY, RELIABILITY, OBJECTIVITY
Practical impediments to progress
Identifying talent not only in theory, but in practice (objectively and
transparently!)

TM mainly in big organizations, not yet in public sectors

Establishing contributions: choosing the right performance indicators to show


(long term) importance of TM
Talent in team or talented team?
Too Talent-centered or Individual-centered? → polarisation in companys

Fairness? Justice? Equity?

C
B

B C
Coping with the complexity
Possible solution to find reasonable team-
performance indicators that capture the
complexity of interactions? 8

BIG DATA ANALYSIS

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

Data analytics: Allows to rapidly transform purely qualitative information into


quantitative data and be submitted to new analytic techniques
Big Data Analytics: New opportunities to
identify talent signals
The possibility to evaluate massive data sets has enabled innovations on talent
identification.

Chamorro-Premuzic et al. (2016) refer to 4 new methodologies:

- Digital interviewing and voice profiling

- Social media analytics and web scraping


- Internal big data and talent analytics
- Gamification
Activity: What do you think each of these
methodologies entails?

1. Digital interviewing and voice profiling


2. Social media analytics and web scraping
3. Internal big data and talent analytics
4. Gamification
Digital interviewing and voice profiling
- Structured webcam interviews with pre-recorded questions

→ Increase standardization
→ Allows to store the interviews
→ Allows to re-watch the recordings

Some innovations in this area:


- Voice mining
Candidates’ speech pattern Desirable model

- -Micro-expression detection and analysis


Social media analytics and web scraping

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

→ “Likes” as the digital equivalent of identity claims

→ Prediction of psychometric tests scores using Facebook


“likes” as data input

→ Perhaps the same information will be used for talent


management purposes
Social media analytics and web scraping

→ Scrape potential job candidates’ profiles outside the pool of existing job applicants

→ 70% of adults are passive job-seekers

→ Identify individuals likely to change jobs

→ Placing workers in more relevant roles


Internal big data and workplace analytics

- Organizational performance data is vast and fine-grained

E.g. Tracking badges have been used to follow employees’


behaviors at work

→ Where people go for advice

→ Information transfer within the workplace

→ Prediction of team effectiveness and central nodes in the


network
Internal big data and workplace analytics

- Peer-evaluations and open source ratings

→ Job and work experience ratings

→ Ratings for nearly 50,000 companies

→ Employee's perception
Gamification-Super Mario Effect
Gamification

- Assessment tools more game-like (engaging, competitive, visually appealing)

→ Test takers prefer playing games

→ Overlap between the mental processes needed to win at video games


and those that define cognitive ability

→ Significant similarities between playing online role-playing games and


situations in the workplace
e.g. cooperation, building teams, leadership, decision making

→ It may improve person-job fit


Cautions regarding new innovations

1. They have not yet demonstrated validity comparable to old


school methods

→ Tend to disregard theory

→ Pay little attention to the constructs being assessed

→ Growth of the demand for recruitment-related networking sites of


around 15%-20% per year
→ Big data enthusiasts are only interested in finding relationships between
variables
→ Until there’s no peer-reviewed evidence of these new methods they
will remain bright, shiny objects
Cautions regarding new innovations

. 2. The cost of building new tools may be prohibitive

E.g. Developing a valid and comprehensive gamified


assessment of personality
→ Tension between price, accuracy and user-experience

3. New tools are extremely likely to identify individual's ethnicity,


gender or sexual orientation
→ Employers can know more about potential candidates
than they probably should
Cautions regarding new innovations
4. Privacy and anonymity concerns

→ 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

Chamorro-Premuzic et al. (2017) adds three issues that must be resolved

- Data ownership and sharing


- Data privacy and access
- Ethical use of data
Interaction III, Open Discussion

What is your stance on Big data solutions


(bearing in mind the open ethical, data
security questions)?

Sharing data for Big Data analytics in HR.


Just like on Social Media?
HR and analytics: why HR is set to fail the
big data challenge (Angrave et al., 2016)
central arguments:

● lack of understanding of analytical thinking by the HR profession


● HR analytics industry provides often too generic tools, which don’t create real specific value

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”

insufficient data due to silo mentalities


Peripheral position of HR within
organization
Showing the problem

Specific HR-related HR-analytics general HR


industries problem problem

agressive
marketing

expensive
and generic
solution operational and financial
aspects
Market
The Solution (and our chance)

More academic analytics expertise HR-analytics


and know-how

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

Persons with disabilities


or neurodivergences
especially in Germany:
Persons from former
easteern-german states
Other future developments - Arrival of new
generations ?
Other future developments - Arrival of new
generations ?
Other future developments - Arrival of new
generations ?
Other future developments - transforming
talent management

“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

Human behavior bounded by 3 traits - TM reflects these

1. Bounded rationality -> roots of judgement (e.g. homosocial reproduction)


2. Bounded willpower - > nudging people
3. Bounded Self-interest -> leveraging intrinsic motivation
Trends in TM - agile management

● Departure from traditional waterfall project management


● New TM requires more flexibility
● Agile management: high flexibility and transparency
● self-organized teams instead of upfront planning
Interaction IV: Reflection on earlier
“creative” ideas! Where they to optimistic
(regarding limitations and challenges) or
maybe too cautious (regarding possibilities
of Big data and future developments)
“Extra-interaction”: How may the Corona-
Crisis influence these trends?

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