Paula Klempay

Director, MBA Career Services

April 22, 2010

A strategic advantage?

Talent Management/Human Capital Management

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Overview - A holistic approach to HR Mangement. Optimal when aligned with Business Strategy

• Workforce planning, identifying talent gaps, succession planning

• Sourcing, attracting and recruiting candidates

• Managing and defining competitive salaries

• Training and development opportunities/leadership development

• Performance management processes

• Retention programs and transitioning

• Supported by HRIS and HRMS – did I mention measurement?

Different companies emphasize different things

• Some focus on developing high potentials

• Others focus on developing talent in the organization more generally

• Best practice – align the company’s talent initiatives with the business strategy

• Many believe this is the only thing companies have left to leverage

We’ve come a long way, baby

Anyone watch “Mad Men?”

This really is better.

• Lots of great books – two favorites

• High Flyers, Morgan W. McCall, Jr., HBS Press

• The Talent Code, Daniel Coyle, Bantam Dell

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