Management and Organizational Studies 1021A/B Lecture Notes - Performance Management, Knowledge Management, Baby Boomers

34 views3 pages
November 20 Readings/Class Notes – MOS
Guest Speaker – Deloitte
Talent Management: An introduction to HR in professional services
Before HR: “personnel administration.” In past 25 years, change from this to
talent management. Talent management: to succeed, you must work in a
variety of areas eg. Accounting, various HR positions
Deloitte: largest professional services firm in North America.
Opportunity – 150k people working
Green dot” - branding.
Business units: audit and assurance, taxation, financial advisory, enterprise risk
services, consulting.
Get out of the professional service career
Even when you work in the career, you get to work in a variety of tasks.
People like variety in a job.
Eg. fast-paced and dynamic, hands-on, not always 9-5. Challenges every
day.
Talent Management Fundamentals
Talent = Everyone. Employees with higher than average potential, have
high contribution.
All are necessary; top talent is a strategic asset.
Employees who significantly contribute to company value
Recruitment, training, skills.
Should be done constantly – without people, organization wouldn't exist
1. Have a plan – figure out where you want to go
2. Select right people for the right jobs.
3. Once chosen, introduce them to workplace – *induction.
4. After selection = development. Solid workforce if successful
5. Monitor performance.
6. Energize them. Happy people = good organization.
7. Plan for succession – develop people to be promoted to higher positions
in the future.
Concept of potential – what employee has potential – not only what they can do
now; what can they do in the future. It is an investment in people to find out what
returns they will give in the future.
Talent Management: integrated set of policies, processes, programs and
technologies aimed at attracting, aligning, developing and retaining employees to
maximize performance and develop business strategy.
About getting it right – right people, right place, right time
Right skills, position, tools, engagement, doing the right things to deliver
and exceed business objectives.
Unlock document

This preview shows page 1 of the document.
Unlock all 3 pages and 3 million more documents.

Already have an account? Log in

Get OneClass Notes+

Unlimited access to class notes and textbook notes.

YearlyBest Value
75% OFF
$8 USD/m
Monthly
$30 USD/m
You will be charged $96 USD upfront and auto renewed at the end of each cycle. You may cancel anytime under Payment Settings. For more information, see our Terms and Privacy.
Payments are encrypted using 256-bit SSL. Powered by Stripe.