- Talent Management
In today’s rapid-paced business environment, it’s all too easy to forget one of the most important themes to emerge in the HR function of the last couple decades – integrated talent management. It’s the Holy Grail of what talent management departments and personnel should be about. Making it happen is no easy task, however, which is why it seems to slip off the radar screens of so many organizations. Here are the basics of integrated talent management to keep in mind:
Bringing various functions together. Remember that the basic goal of integrated talent management is to keep various functions from becoming separated from one another into functional silos that fail to weave together into an integrated whole. This means making sure there are clear connections between such functions as talent acquisition, workforce planning, performance management, learning/development, compensation/benefits, and succession planning. Each one of these functions must be thought of as the spoke of wheel. If you take a bicycle wheel and remove one of the spokes, it’s only a matter of time before other spokes come loose and the entire wheel becomes a compromised, dysfunctional mess. That’s what integrated talent management aims to avoid. Each individual function is part of a whole that affects all the other pieces of that whole, which is why integration is the goal.
Alignment to company strategy and goals. The most essential starting point for integrating talent management functions is to align all of them with organizational goals and strategies. The latter must absolutely drive the former. What is too often the case is that units within an organization make talent decisions based on what their unit needs, without looking at the bigger organizational picture. That’s when things start to fall apart. All decisions about talent must be made within the context of the overall company’s strategies and goals, not based on the needs of individual departments and units. And that means that unit directors must be well-versed by company leadership in just what those bigger goals and strategies are.
Integration is aided by robust technologies. Another essential aspect of integrated talent management is making sure you have the technological platform needed to facilitate integration of what might otherwise be disparate functions. The choices here are endless, and I’ve reviewed various talent management software packages in articles on this website that are worth checking out, because not all talent management software packages are created equal. It’s important to get the right technology that fits the unique integration needs at your company.
If you know that integration is lacking among your various talent management functions, what should you do? Here are five essential steps to engage in a course correction:
Fully integrating your talent management functions is not small feat, but the tangible benefits of doing so vastly outweigh the pain of change. Make it a priority at your organization today.
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