article thumbnail

What is talent development and how to make the most of it

Business Management Daily

While those companies fail to address succession planning, others get their HR teams cracking on a talent development strategy within a first interview or during onboarding. What is talent development? Talent development takes that a step further by plotting out the career paths of team members who show promise.

article thumbnail

Developing Your (Office) Political Savvy – Positively

The People Equation

Online author Barbara Oaff defines office politics as “The way in which workers recognize, and seek to reconcile, their competing interests.”. It’s when “competing interests” crop up that the potential for maneuvering starts. Competing interests are an inherent part of our work life. This is a value-neutral definition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Tips for Building a Cutting-Edge Talent Development Program

HR Daily Advisor

In 2013, 52% of employers stated that their top business challenge was hiring and retaining talent. As this business challenge shows no signs of letting up any time soon, companies must rethink their approach to talent management. Building a strong development program is a key piece to retaining and growing your talent.

article thumbnail

People Analytics and HR-Tech Reading List

Littal Shemer

Vance, Peggy Parskey (2020) “The book breaks new ground with a framework to simplify the discussion of measurement, analytics and reporting as it relates to L&D and talent development practitioners. Competing on Analytics: Updated, with a New Introduction: The New Science of Winning Thomas Davenport and Jeanne Harris (2017).

article thumbnail

The Foundation of Successful Employees

ATD Human Capital

Recognizing this, Nunez, working with NYCB’s talent development team, decided to focus on onboarding for retail-banking employees ranging from bank tellers to regional managers—many of whom are the main point of interaction for customers. Click here to read how they did it. Click here to see their results.

article thumbnail

Succession Planning

Anamcgary's Blog

Unfilled and unplanned vacancies cost companies about 50 percent more in lost revenue than the salary for the vacated job itself, according to a 2013 Mercer study. It can also increase retention of top performers and drive deeper engagement of managers by “owning” talent development, she said.

article thumbnail

The Various Stages of So-Called ‘Talent Management’

New to HR

Thus, three things are important; identifying the talent, developing it, and retaining it. The challenge is how to select talent, rather than just identify competent employees and of course this varies depending on the level of the job being recruited for. Development. Other approaches to talent management.