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Attracting and Retaining Talent: Becoming an Employer of Choice Dr Tim Baker www.winnersatwork.com.au

Attracting and Retaining Talent: Becoming an Employer of Choice

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Attracting and Retaining Talent:

Becoming an Employer of

Choice

 

Dr Tim Bakerwww.winnersatwork.com.au

Changing World of

Work

Changing Needs of

Employees &

Employers

Speed is critical for

success8 Values Strategies

Changing World of Work

Longer working life and shorter working hours Retirement age will reach 70. By 2025 over 20% of people will be 65 and over.Career Diversity People will change employment more frequently

Growth Industries surveillance (self-monitoring & self-repair) distraction insurance

Government Influence will Decline More outsourcing of services The rise of the hyper nomads Consumer marketplace

Rise of the Independent-thinking Worker 33% of the workforce are contingent & self-employed Yuk/Wow Generation

Role of Management Managers will be more involved in influencing and workplace culture

Changing Needs of Employees

• Job security• Technical capacity• Jobs• Functional work• Careers• Long-term loyalty• Qualifications• Reliability

• Employability• Communication capacity• Roles• Cross functional work• Meaningful work• Short-term commitment• Lifelong learning• Enterprise

20th Century 21st Century

Changing Needs of Employers

• Stability• Quality assurance• Clearly defined jobs• Hierarchy• Career paths• Loyal workforce• Qualified staff• Compliance

• Manoeuvrability• Customer responsiveness• Clearly defined performance indicators• Malleability• Engagement• Committed workforce• Learning organisation• Initiative

20th Century 21st Century

Psychological Contract

Individual Organisation

I offer

I expect

The organisation

expects

Theorganisation

offers

Functional

Relational

The Changing Employment Relationship Values

 

“Attracting and Retaining Talent” (Baker, 2009)

Old Values New Values

Specialised Employment Flexible Deployment

Internal Focus Customer-focus

Focus on Job Performance-focus

Functional-based Work Project-based Work

Human Dispirit & Work Human Spirit & Work

Loyalty Commitment

Training Learning & Development

Closed Information Open Information

Market

Processing

Recovery

New Mindset Matrix

ValuesCorresponding Mindsets

Employee Employer

Flexible Deployment

Customer Focus

Performance Focus

Project-Based Work

Human Spirit & Work

Commitment

Learning & Development

Open Information

Willingness to work in a variety of organisational roles & settings. Serve the customer before your

manager.

Focus on what you do, not where you work.

Accept yourself as a project- based worker rather than a functional-based employee.

Valuing work that is meaningful.

Commit to assisting the organisational achieve its outcomes.

Commit to lifelong learning.

Willing to show enterprise and initiative.

Encourage employees to work in other organisational roles.

Provide information, skills &

incentives to focus externally. Link rewards and benefits with performance rather than organisational dependency.

Structure work around projects rather than organisational functions. Provide work (wherever possible) that is meaningful. Commit to assisting employees to achieve their personal objectives.

Enter into a partnership for employee development. Providing employees with access to a wide range of information.

Flexible deployment

Customer focus

Performance focus

Project-based work

Human spirit & work

Commitment Learning and development

Open information

Multi-skilling Job enlargement Job enrichment Job rotation

Role clarity Career paths CRM Internal service

Spanning Buffering Bringing up boundaries

Team Innovation Career

Good working conditions Matching interests Finding meaning in work

8 Values

Production-cenred Person-centred Problem-centred

Wants Cost Obligation

Goal alignment Commuication of boundaries Active accountability Information sharing

Corporate Culture Change Cycle

1. Define

workplace sample 2.

Administer survey

3. Analyse results

4. Create

project team5. Develop

team

6. Develop strategies

7. Implement strategies

8. Monitor progress

Congruence Between the Three Organisational Perspectives

Congruence Between the Three Organisational Perspectives

Statistical Representation