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© Development Dimensions International, Inc., MMXIV. All rights reserved. 1
6 TALENT STRATEGY LEVERS FOR
A VUCA WORLD
© Development Dimensions International, Inc., MMXIV. All rights reserved. 2
As a leader in talent management, you’ve noticed
there’s been volatility and change in your world.
This world of turmoil actually has a name:
Volatility, Uncertainty,
Complexity, and Ambiguity.
© Development Dimensions International, Inc., MMXIV. All rights reserved. 3
To survive in this NEW NORMAL,
organizations must do things differently
when it comes to their people.
Our goal is to offer a PATH FORWARD
and get you thinking about what you
need to do, and where you should start.
© Development Dimensions International, Inc., MMXIV. All rights reserved. 4
We see VUCA READINESS as a matter
of manipulating six talent strategy levers:
1.Business agility 2.Strategic workforce planning 3.The pursuit of readiness 4.Gathering and using data 5.The learning organization 6.Talent management sustainability
#1
5
Business Agility
© Development Dimensions International, Inc., MMXIV. All rights reserved.
© Development Dimensions International, Inc., MMXIV. All rights reserved.
#1
6
Organizations—and their talent—need to
be agile with the ability to swiftly change
direction. A good place to start is by linking
everything you do from a talent standpoint
back to the business and what it needs to
accomplish.
Business Agility
#2
7
Strategic Workforce Planning
© Development Dimensions International, Inc., MMXIV. All rights reserved.
© Development Dimensions International, Inc., MMXIV. All rights reserved. 8
Determine what talent your organization
has, what it needs, and where talent gaps
exist—including pending retirements. Cover
all organizational levels and all key roles,
taking into account your ability to fill those
roles internally versus externally.
#2 Strategic Workforce Planning
#3
9
The Pursuit of Readiness
© Development Dimensions International, Inc., MMXIV. All rights reserved.
© Development Dimensions International, Inc., MMXIV. All rights reserved. 10
To get leaders ready to step into
critical business roles, you must:
• Obtain senior executive involvement
• Conduct a talent audit
• Complete an accurate talent assessment
• Launch development planning
• Drive accelerated development that
targets future roles
#3 The Pursuit of Readiness
#4
11
Gathering and Using Data
© Development Dimensions International, Inc., MMXIV. All rights reserved.
© Development Dimensions International, Inc., MMXIV. All rights reserved. 12
Your organization needs to have an
insatiable appetite for talent-relevant data:
• How effective is your training?
• What are your talent gaps?
• How efficient are your hiring processes?
Measurement allows you to move faster and
make adjustments on the fly as things change
and evolve.
#4 Gathering and Using Data
#5
13
The Learning Organization
© Development Dimensions International, Inc., MMXIV. All rights reserved.
© Development Dimensions International, Inc., MMXIV. All rights reserved. 14
Develop more agile leaders who have the
ability to manage whatever comes their
way. Look for leadership courses on:
• Leading change
• Driving innovation
• Making rapid decisions
• Networking across boundaries
#5 The Learning Organization
© Development Dimensions International, Inc., MMXIV. All rights reserved. 15
It’s also about learning and growing
as an organization, whether it means
abandoning an ineffective selection
practice, addressing a talent gap, or
reformulating your talent strategy when
it becomes apparent that it’s misaligned
with the direction of the business.
#5 The Learning Organization
#6
16
Talent Management Sustainability
© Development Dimensions International, Inc., MMXIV. All rights reserved.
© Development Dimensions International, Inc., MMXIV. All rights reserved.
For an initiative to be sustainable, it needs to:
• Be built on a strong business case
• Have clear accountabilities
• Have talent with the skills to be successful
• Be aligned with your business strategy
• Be measurable
• Be flexible and adaptable
#6 Talent Management Sustainability
17
© Development Dimensions International, Inc., MMXIV. All rights reserved.
LET’S RECAP!
18
© Development Dimensions International, Inc., MMXIV. All rights reserved. 19
• Business agility
• Strategic workforce planning
• The pursuit of readiness
• Gathering and using data
• The learning organization
• Talent management sustainability
Manipulate these six levers effectively
and your organization will be ready to
survive and thrive in the VUCA world!
© Development Dimensions International, Inc., MMXIV. All rights reserved. 20
Talent experts are standing by at
1.800.933.4463 or [email protected] to help
your organization navigate this new normal.
Ready for a VUCA world?