TALENT ACQUISITION & MANAGEMENT
LECTURE -3
Introduction to Talent Acquisition & Management -III
PROF. SANTOSH RANGNEKAR
DEPARTMENT OF MANAGEMENT STUDIES
1
Transformational Dimension of Talent Management
2
Source: Benchmarking study on talent management conducted by the American Productivity and
Quality Centre and the Centre for Creative Leadership
3
Evaluating
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Evaluating
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Reward Evaluate
DevelopAdvance
Analyze Plan
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Planning
Right Mix under Constraints
Strategic for Public and Private Sectors
US Demographic Shifts
Macro level
Predict Competencies
Determine Personnel per Job
Model Budget Impacts
Report on Accuracy
Micro level
Determine characteristics of MCOs
Suggest Career Plans
Develop Succession Plans
Workforce Planning
Succession Planning
Career Planning
Source: Benchmarking study on talent management conducted by the American Productivity
and Quality Centre and the Centre for Creative Leadership
4
Recruiting
Acquire Talent
Sourcing, Selection, On Boarding
Flow:
Job Opening
Manage Job Postings
Manage Applications
Searching
Screening
Routing
Interviews
Offers
On Boarding
Evaluating
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Evaluating
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Reward Evaluate
DevelopAdvance
Analyze Plan
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Talent Acquisition Manager
Candidate Gateway
Source: Benchmarking study on talent management conducted by the American Productivity and Quality Centre and the Centre for
Creative Leadership
5
Incentivizing
Compensation as Incentive
Pay-for-performance
Non-monetary Incentives
HPI Interventions
Training
Job Redesign
Better Hire Selection
Ample Resource Provisioning
Better Match Worker/Work
Money Manipulation Easiest (Best?)
E Compensation
Core HR
Source: Benchmarking study on talent management conducted by the American Productivity
and Quality Centre and the Centre for Creative Leadership
6
Evaluating
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Evaluating
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Reward Evaluate
DevelopAdvance
Analyze Plan
Reward Evaluate
DevelopAdvance
Analyze Plan
Planning
Incentivizing
Recruiting
Developing
Talent
Profile
(KSA’s)
Developing
Close Competency Gaps
Asynchronous Training
Link to Personnel File
ADDIE Model
Kirkpatrick Evaluation
Capturing ROI
Enterprise Learning Management
Source: Benchmarking study on talent management conducted by the American Productivity and Quality Centre and the
Centre for Creative Leadership
7
Evaluating
Appraising Actual Work
Difficult Task, Marginal Performance
Types
Judgmental
Developmental
Multiple Evaluation Processes
Source: Benchmarking study on talent management conducted by the American Productivity and Quality Centre and the Centre for
Creative Leadership