Talent management is a top challenge for HR professionals. Philippa Lamb discusses the issues with the following speakers from the recent CIPD Annual Conference and Exhibition.
Emily Lawson, Partner in the London Office of McKinsey & Company and the global leader of McKinsey's talent management and HR service line.
Claire McCartney, CIPD Adviser, Organisation and Resourcing.
Scott Hobbs, Head of Talent at the support services organisation Amey.
Matthew Guthridge, Expert Associate Principal in the London Office of McKinsey & Company and a leader in McKinsey’s Talent Management initiative and European Organisational Behaviour service line.
Richard Roberts, heads up the whole of the People Team at Virgin Mobile.
Philippa says that it is now ten years since McKinsey and Company published The war for talent and asks if it is still a key issue.
Emily confirms that talent management is still of great concern and McKinsey has now looked at more specific issues and whether companies are just not finding the available talent. She also explains that managing talent is possibly more acute in a downturn.
The CIPD’s Claire McCartney gives her thoughts on looking for talent and developing effective strategies.
Scott Hobbs has turned the downturn in construction into an opportunity for his company. Find out what you can learn from his approach and how he deals with attracting good graduates.
Having focussed on attracting and identifying talent,
Philippa asks Matthew Guthridge about developing and retaining the talent you have. He talks about the balance between developing promising employees and finding talent from outside.
At Virgin Mobile they have devised a cunning scheme to spot the brightest. Listen to Richard explain how this helps the company and a surprising observation on pay at Virgin Mobile.
Claire goes on to expand on what has been outlined already, including the importance of intangible values. She later explains how HR should balance the current economic downturn with the need to keep talent levels high.
Scott talks about the graduate recruitment programme at Amey and assesses its success.
Finally Emily talks about tailoring HR strategies to business strategies.
Interesting links
We have a huge amount of practical information on our special Talent Management page
Factsheet on talent management
Members can use our practical interactive tool to help HR professionals as they consider the introduction of talent management within their organisations
There’s a new CIPD podcast every month. Next month we’ll be looking at Performance Management. We’ll be bringing you the latest thinking on Performance Management, practical tips and some top case studies.