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Talent Management Strategies: How to Recruit, Manage and Retain Critical Talent for Competitive Advantage

Product Type: Market Research Report
Published by: Business Intelligence
Published: November 2001
Product Code: R125-72
Description
Expertly designed, implemented and managed, talent management will certainly improve strategic performance and business effectiveness, and may sustain business success.

The potential of Talent Management cannot and should not be ignored. A talent management strategy will improve your organizational performance through better identifying, sourcing, developing, rewarding, motivating and retaining the talent that keeps you ahead of your competitors.

This management report:
  • Sets a talent agenda - discover how the implications, issues and emerging practices of talent management have to be rationalized into a coherent and achievable agenda for action.
  • Reveals, through case studies, the experiences - good and bad - that international organizations have encountered in implementing and developing talent management strategies.
  • Details the necessary success factors to effectively implement a talent management agenda, along with the continuous issues that case organizations have to overcome.
  • Discloses the results and provides insightful analysis of a survey conducted exclusively for this report among 143 leading organizations.
  • Examines the trends, describes emerging practices, addresses the underlying issues and raises the challenges of talent management.
Table of Contents
Author Profile




Acknowledgements




Preface




Chapter 1: The Case for Talent Management

Executive Summary


Section A: The Talent Imperative

Section B: Drivers and Trends

Section C: The Talent Focus

Section D: Setting the Business Case

Section E: Overview - Talent Challenges


Key Learning Points


Case Study: St Luke's Communications




Chapter 2: Positioning and Structuring Talent Management

Executive Summary


Section A: The Internal Rationale

Section B: Positioning Talent Management


Taking a Proactive Approach


Case Report: South African Breweries - Strategic People Resourcing


Case Report: CP&L Energy - Strategic Recruiting


Positioning Talent Management: Key Learnings


Section C: Realigning Talent Management


Adverse Effects on Talent


Case Report: Modem Media - Rebuilding the Talent Base


Case Report: Ogilvy Public Relations Worldwide - Managing Downturn


Realigning Talent Management: Key Learnings


Section D: Structuring and Organizing Talent Management


Delivering Talent Management


Case Report: First Data Corporation - HR/OD Partnership


Case Report: Mariner7 - External HR Provision


Structuring Talent Management: Key Learnings


Section E: Overview - Talent Challenges


Key Learning Points


Case Study: First Data Corporation






Chapter 3: Building Brands and Value Propositions

Executive Summary


Section A: The Strategic Case

Section B: Developing Brands and Reputations


The Brand Imperative


Case Report: PETsMART Inc - Creative Brand Building


Case Report: BP - Technology-enabled Brand Building


Developing Brands: Key Learnings


Section C: Converting Brands to Value Propositions


Employee Value Propositions


Case Report: Southwest Airlines Company - A Fun Environment


Case Report: South Auckland Health - Promoting Medical Excellence


Converting Brands to Value Propositions: Key Learnings


Section D: Culture and Work Environment


Developing the Cultural Ethos


Case Report: The Motley Fool - A Foolish Culture


Case Report: Operations Management International Inc - The Team-based Environment


Culture and Work Environment: Key Learnings


Section E: Overview - Talent Challenges


Key Learning Points


Case Study: Agilent Technologies






Chapter 4: Defining the Talent Groups

Executive Summary


Section A: Talent Needs and Solutions

Section B: Identifying Top Talent


The Executive Imperative


Case Report: Dow Chemical Company - Leader Development Network


Case Report: BASF UK - Talent Planning Process


Identifying Top Talent: Key Learnings


Section C: Focusing on Key Talent Groups


Defining Key Talent


Case Report: American Family Insurance - Sourcing and Keeping IS Talent


Case Report: Cellular Operations Ltd - Developing Call Centre Talent


Key Talent Groups: Key Learnings


Section D: Developing Talent Pools


An Egalitarian Approach


Case Report: KARLEE Company - The Family-oriented Organization


Case Report: Azuremed Ltd - The One Team Approach


Developing Talent Pools: Key Learnings


Section E: Overview - Talent Challenges


Key Learning Points


Case Study: Carter Holt Harvey






Chapter 5: Deploying Talent Interventions

Executive Summary


Section A: Challenging Talent Assumptions

Section B: Sourcing and Selecting Talent


The Sourcing Challenges


Case Report: Seattle Police Department - Challenging Recruitment Assumptions


Case Report: Getty Images Inc - Sourcing Global Talent


Sourcing and Selecting Talent: Key Learnings


Section C: Learning and Personal Growth


The Growth Imperative


Case Report: Ogilvy Public Relations Worldwide - Attract, Grow and Keep Intervention


Case Report: Southwest Airlines - Career Development and Learning


Learning and Personal Growth: Key Learnings


Section D: Building Motivation and Loyalty


Deciding on the Levers


Case Report: Remedy Corporation - A Cultural Fit


Case Report: Manpower Plc - Best Employment Practice


Building Motivation and Loyalty: Key Learnings


Section E: Overview - Talent Challenges


Key Learning Points


Case Study: Manpower Plc






Chapter 6: Managing Talent Effectively

Executive Summary


Section A: The Manager/Supervisor Imperative

Section B: Rethinking Work and Performance


Challenging the Status Quo


Case Report: St Luke's Communication - Managing Co-owner Talent


Case Report: Fujitsu Network Communications - the People Value Chain


Rethinking Work and Performance: Key Learnings


Section C: Creating Management Involvement


Using Direct Approaches


Case Report: The Hartford Group - Managers as Key Developers


Case Report: Support Technologies Inc - Managers as Talent Recruiters


Creating Management Involvement: Key Learnings


Section D: Rethinking Systems and Accountability


The Accountability Imperative


Case Report: International Paper - Introducing Supervisor Accountability


Case Report: ST Microelectronics - Human Capital Systems and Accountability


Rethinking Systems and Accountability: Key Learnings


Section E: Overview - Talent Challenges


Key Learning Points


Case Study: International Paper






Chapter 7: Evaluating Talent Management

Executive Summary


Section A: The Imperative of Evaluation

Section B: Using Strategic Frameworks


Making Evaluation More Strategic


Case Report: South African Breweries - People Reviews and Balance Sheets


Case Report: BC Hydro Transmission and Distribution - Deploying an HR Scorecard


Using Strategic Frameworks: Key Learnings


Section C: Evaluating Talent Interventions


Measuring Operational Outcomes


Case Report: Carter Holt Harvey - Evaluating High Potentials


Case Report: Sears Roebuck & Company - Evaluating Training and Education


Evaluating Talent Interventions: Key Learnings


Section D: Evolving Evaluation Approaches


Rethinking Talent Evaluation


Case Report: Strategic Dimensions Ltd/BASF UK - At Risk Talent Inventories


Case Report: Humax Corporation - Social Capital Assessment


Evolving Evaluation Approaches: Key Learnings


Section E: Overview - Talent Challenges


Key Learning Points


Case Study: South African Breweries Plc






Chapter 8: Reviewing Talent Management

Executive Summary


Section A: Assessing the Implications

Section B: Refreshing the Focus

Section C: Evaluating Emerging Practices

Section D: Setting a Talent Agenda

Section E: Overview - Ongoing Talent Challenges


Key Learning Points


Case Study: ST Microelectronics






Appendix 1 - Survey Results




Appendix 2 - Listings




References




Index

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