Succession Management
Posted on January 20th, 2010.
One of the most daunting talent management challenges in organizations is something we call “talent mobility” – the ability of an organization to enable and direct the movement of people from role to role. In today’s business environment this includes lateral movement, upward movement within a role, movement into leadership, movement into international or global assignments, movement into functional specialties, movement into developmental or exploratory assignments, and often movement from part-time to full-time…
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Posted on November 4th, 2009.
For the last two Octobers we have travelled to the HR Technology Conference to see four HR software providers show off their software in the Talent Management Shootout. While the Shootout is a relatively short event at 75 minutes (each vendor gets about a total of 10-15 minutes of demonstration time), there are often as many as 1,000 HR professionals voting, so the results are often very indicative of…
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Posted on July 27th, 2009.
In our Q2 TalentWatch® 
research report (TalentWatch is Bersin & Associates business research on employment, hiring, talent readiness, and investment trends, available to research members) we see definite signs that business leaders in most industries have now lowered their expectations and essentially “capitulated” on the 2009 recession. This means that companies have stopped looking…
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Posted on March 26th, 2009.
One of the themes of our exciting new Succession Management research is what we call “transparent talent mobility.” It’s an important new concept in talent management, and one which came to us after more than a year of research into various succession management programs.
Let me start with the underlying issue: today, and on into the future, an organizations ultimate success is dependent on two things:
1. First, how…
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Posted on November 19th, 2008.
This week we witnessed another vivid lesson in the value of executive succession: Jerry Yang steps down as the CEO of Yahoo!. Yang replaced Terry Semel, who spent years trying to build Yahoo! into a media company, only to see it lose market share to the more innovative, technology savvy Google. Yang presided over an indecisive decision not to merge with Microsoft, and watched the Yahoo! stock drop from $33 to around $11, effectively…
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Posted on August 3rd, 2008.
We have been doing a lot of research and work with the Federal Government in the area of talent management. Let me share a few interesting findings.
The United States Federal government has more than 2,7 million employees, ranging in roles from secret service agents to financial analysts to IT specialists to scientists. These people work in a variety of federal agencies, each of which have a strong and clear mission to provide security, services,…
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Posted on June 13th, 2008.
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Posted on May 17th, 2008.
We recently completed our annual research conference and I had a wonderful opportuinty to meet and talk with 15 different HR and L&D executives in a special roundtable. The theme of our research conference is The Business of Talent®, and as you will read, this theme comes through in almost every organization. Talent management is a strategic business tool, not an HR initiative.
Commerce Bank and TD Bank: Michelle Fetterman-Gaughan, vice-president and talent planning manager, discussed how her…
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Posted on April 20th, 2008.
As we continue to study best practices in the implementation of corporate learning and talent management, we find that high performing organizations fall into two categories: those who endure and prosper over long periods of time (decades), and those who rapidly rise to prominence, then falter during a major business challenge, and often become acquired (or disappear).
The former are what we call “enduring organizations” – and they typically become iconic brands which provide tremendous…
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Posted on April 1st, 2008.
This week I had a call with five financial services clients to understand the impact of the economic slowdown on their learning, talent, and systems investments. How are HR, talent strategies, and enterprise learning investments being affected by the credit crunch and slowdown in the US financial system?
(The clients included companies in banking and insurance: TD Bank Financial Group, First Horizon National Corporation, BNY Mellon Asset Management, Manulife Financial, and Wachovia.)
I was encouraged to…
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