Talent
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The Error of Operational Reports
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Julian had a childhood friend named Lucy. One day, he came home with one of those kindergarten drawings with a little girl and diamonds and presented it to his father. John asked him what the drawing was, and Julian replies, “It’s Lucy and the sky with diamonds.” Thus, the song. You can take some core…
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Salary and Benefits are NOT Engagement Tools
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So you’re thinking about getting married. You go out and buy a ring with a diamond in it, you figure out a romantic place to ask, and then you get down on one knee and pop the question. Somehow, she says “yes.” They key is that there are probably a large number of reasons she…
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Employee Selection and Workforce Diversity: Are Current Tools Up To The Task?
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Guest Author: Stephen B. Jeong, Ph.D. Hispanics, African Americans, Asians and Native Americans now constitute more than one-third of the U.S. population. By 2042, they are projected to make up nearly one-half of all Americans. Given these rapidly changing demographics—and consequently, the rapidly changing U.S. marketplace—many organizations are recognizing that workplace diversity is a business…
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Market Salary Rates
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The HR Capitalist had a post the other day about pricing candidate salaries. But as usual, I have my own opinions. Say it with me – the market rate for any candidate is the $$ amount they will accept. They’ve got info about what they are worth, you’ve got info about what they are worth. …
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HRO is not Dead
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HRO has seemed dead for at least a couple of years now. A couple years ago it was almost all I was writing about, and there were mega deals to be had every other month. All consultants were talking about to their clients was deciding if they should outsource or not. At the time, HRO…
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The Gartner Magic Quadrant for Recruiting
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A few days ago, my fellow compatriot Jason Corsello wrote about Gartner’s new magic quadrant. I’ve actually looked upon the Gartner magic quadrants with some disdain in the last few years, not because of any perceived lack of validity, thoroughness or any other concern with the approach to analysis that Jim Holincheck does, but more…
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Leadership Competency Design – Five most common mistakes
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Guest Author: Stephen B. Jeong, Ph.D. Designing and using a set of reliable and valid leadership competencies is critical for organizations seeking to go from point A to point B. Leadership competencies are essentially an ideal profile specifying the types of skills, knowledges, and behavioral traits you want your leaders to possess, and therefore, exhibit. …
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Competencies versus Critical Experiences
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We’ve been talking about competencies for a while. Yeah, I know what they are, I know how they get implemented into a talent system, and I even know how they are integrated into critical talent processes. But you know what… I still don’t get it. We talk about competencies, but when we really get down…
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Workforce Talent Retention
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I recently talked to an organization who is moving their organization from one end of the city to the opposite far end of the same area. The commuting time between the cities is about 40 minutes, and some employees would benefit and have reduced commute, others would certainly pick up longer train or car rides.…
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Scouting for Talent – An athletic view of the world
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— How do you measure talent? — How do you determine who to develop? — How does that impact who gets developed and who gets money spent on them? We’ve talked about soccer moms and helicopter parenting on this blog. But we’ve never talked about how some of those kids participate in selection activities within…
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Top Chef on Management Styles
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I’ve been watching “Top Chef Masters” on Bravo TV. It takes some very well known chefs in the U.S. culinary scene and pits them against each other in a set of challenges. This week’s challenge (I am writing this on August 18) takes the last 4 chefs and pairs them with 3 souse chefs each. …
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Recruiting Dubious Talent
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Here is what the NY Times had to say about AIG executives and bonuses a few weeks ago: Now we can debate why A.I.G. felt it necessary to guarantee seven executives at least $3 million apiece when the economy was clearly on shaky ground. Perhaps we will find out these contracts were a bit of…
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Internal Succession Plans
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In the recent explosive growth of talent management, performance and recruiting always seemed to be the drivers, but compensation administration and succession planning always seemed close behind. I’ve always thought that recruiting and performance would level off as most organizations purchased and implemented modules and moved onto comp and succession. Unfortunately, it seems I’ve been…
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Innovating for Sales
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A while back I observed some talent software from a leading talent management vendor. They were excited to show me their innovations around presenting a “seating chart” that would allow the user to visually see where employees were located within the organization. Obviously, the software also allowed drill through on each employee to provide some…
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Talent 2.0
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What the heck is Talent 2.0? Well first of all, it’s not here yet. Second of all, it probably makes more sense to define Talent 1.0 before I can theorize on Talent 2.0. Talent Management 1.0 is simply what we have today. It’s the thought that old school performance management, compensation administration, and succession planning…
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Intellectual Property and Competencies
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I was chatting with a good friend of mine whose company does work with organizations to analyze the value of ongoing IP and R&D. Ardent Research looks at current R&D and patent activity, surveys progress along that research, competitiveness against similar projects at other companies, and unique thought leadership that might give Ardent’s clients and…
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HR Metrics: Turnover Rate
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Honestly, I could really care less about turnover rate the way most organizations calculate it. Sure, it informs me a little bit regarding the employer brand, and perhaps about the organization’s competitiveness against the market, but overall, turnover can be used much more effectively. Most turnover reports consist of organizational and departmental turnover with terminations…
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Get Rid of the Performance Review
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The Wall Street Journal had a wonderful article a couple months ago arguing why the performance review is not advantageously contributing to overall productivity for a number of various reasons. I have argued on this blog many times before that performance is not useful and either needs to be completely overhauled and reimagined from the…
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HR Metrics: Contractor fill rates
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So you probably have a specific number of independent contractors, consultants and agency employees within your organization. You also probably have not really given much thought around what percentage of your total population these contractors represent. The reason this is important is because this percentage actually impacts the organization’s ability to scale and respond to…
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SuccessFactors Results
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It will be interesting to see what the SuccessFactors executives say on their 4th quarter performance results, and even more so for their projections for 2009. Given that they just did an across the board layoff ((I don’t have direct knowledge, but the word on the street was that they did 20% across the board))…