Episode #38: Integrated Talent | The Holistic Talent Leadership Framework
Integrated Talent | The Holistic Talent Leadership Framework Photo by Rendy Novantino on Unsplash Originally published on Medium by Graham Peelle on July 23, 2023 Rethinking the Talent & HR Dance It’s time for a refreshed view and it’s time we put our talent first. Let’s make it the priority, and leverage our talent to build the group, business, or venture into what is possible. Talent possibilities, transformed for a holistic view, Integrated Talent. Integrated Talent is the opportunity giving Talent a seat at the table, executive presence in the organization as appropriate, based on HR structure and alignment with Operations, Marketing, and other key departments. If HR has a completely separate people leadership agenda, Talent will always take a back seat. Talent should typically be one specialization within the overall HR organization, as long as TA gets its priority and voice, and should typically stand alone when Talent is prioritized for growth, focus, or a strategic purpose. Human Resources, Talent Acquisition, Talent Management, and People, all make up the Talent Landscape within an organization, but do they truly work together in most firms? If they are disconnected, not collaborating, working with separate priorities, your firm needs the great talent realization- prioritize now, otherwise fall further and further behind in the war for talent. Think about this- would you go outside for a hire if you can promote, move, or train someone? You may try do all three at once and spend more time and money if the right hand isn’t talking to the left. Even in recessionary periods, your focus must shift to preparation for the recovery. Successful talent strategy starts before the need is critical, not once volumes spike. With a proactive and responsible approach, similar to what you may read about investing capital, recruiting before or during a recovery is actually an advantageous market to develop your talent pipeline and talent community for when it’s needed. Integrated Talent is the full holistic approach bringing everything talent together, ensuring we lock arms between HR and all Talent related groups. Does your organization have a real understanding and clear delineation of value and responsibility across People, HR, Talent, and Operations? If not, a lot of cost, efficiency, and power is lost in that gap. Below are some of the areas to consider to evaluate your One Talent Strategy to bring Integrated Talent to a reality: People Strategy Human Resources Total Talent Approach Talent Acquisition Talent Attraction Talent Development Talent Management Talent Leadership Comp and Rewards Alignment Total Talent Delivery Exec Search Direct Placement Contingent Hiring Independent Contractor/Gig Managed & Engineering Services Alignment with Operations The list is long, and this isn’t even an all-encompassing picture, not to mention different owners, stakeholders, and priorities. So how can we address alignment and advancement? We need to consider efficiencies, business alignment and uncover the new way of working with talent for your own organizational structure and nuance, not simply following the crowd. Use best practices and case studies, but don’t blindly follow a path that doesn’t work for your organization. Don’t build someone else’s org, take the best of what you see in other systems, and go build your own. Even the most similar organizations can have a much different view of talent, how to approach it, or what the value of it is for various groups or roles, yet many organize it as if it’s all the same. Remember, today’s HR is much different than it was in 1980, 1950 and 1890, and even compared to orgs in 2019, or 2000. HR didn’t even exist in many cases, and was mostly administrative in others, and now it’s one of the largest functional areas with a seat in the C-Suite for many firms. Build an Integrated Talent Framework that works for your business, with the help of model or peer organizations, or a consulting partner for recommendations. The art of talent is an evolving function and has potential to drive your organizational priorities and growth forward when successfully aligned. Create the art of your talent framework, don’t let talent drive you. More to come on building your Integrated Talent Framework in future OpCo editions. Hopefully, this added a little value to your business or your career. Thank you for reading. Climb Higher, Raise Your^ROI CONTENT RESOURCES Building a Game-Changing Talent Strategy Reprint: R1401D When most of the world’s financial services giants were stumbling and retrenching in the aftermath of the 2008 recession, the asset management firm BlackRock was busy charting a course for growth. Its revenues, profits, and stock price all performed consistently through this tumultuous period. The authors looked at BlackRock and other game-changing companies—the Mumbai-based global conglomerate Tata Group, and Envision, an entrepreneurial alternative energy company based in China—and found significant commonalities. These three companies demonstrate the essential attributes of a game-changing organization: They are driven by purpose, oriented toward performance, and guided by principles. In the process of conducting interviews with these companies, the authors discovered a fourth thread that weaves them even more tightly together: Each is supported by a game-changing talent strategy. But, they write, the path to such a strategy seems rife with complexity and ambiguity. How can both strategy and execution be consistently superior? How can they support a collective culture yet enable high potentials to thrive as individuals? How can the strategy be global and local at the same time? And how can its policies endure yet be agile and constantly open to revitalization? BlackRock’s approach provides the answers. hbr.org/2014/01/building-a-game-changing-talent-strategy How To Create a Total Talent Strategy for the New Era Developing a total talent strategy for the future of work can become a challenging task. Find out what successful organizations have to say about it! www.avature.net/blogs/the-total-talent-strategy-for-the-new-era OpCo: The People Ops Blueprint — Operations | People | Culture | Organizations If Performance Operations Culture means something to you, or you would like to be notified for future posts on operations leadership, culture, and people related topics from the world of work, make sure you click the 🔔 on my LinkedIn profile page. For additional daily content, check out grahampeelle.com. You can also find additional weekly articles on Medium. Climb Higher | Raise Your^ROI LEARN: Learn | Explore | Ambition | Reform | No
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The thoughts shared on this podcast, whether original content or content from others, represent my own personal views or those of other individuals, and do not necessarily reflect the opinion of organizations for which I am affiliated. This is not legal or investment advice, please seek professional advice for such advice.
