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5 Posts tagged with the hcm tag
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How "Mature" Are Your Organization's Talent Management Processes?

 

Many organizations we engage with view Talent Management like it's some kind of exotic new discipline. The reality is that the functions usually associated with Talent Management (Recruitment, Performance Management, Learning and Development, Career Planning, Workforce Planning, Succession Management, Compensation) have been around for a long time. New technologies are allowing organizations to tie all these processes together and get true visibility into the business impacts of these functions.

 

We can usually tell how "grown up" our client's are by asking some key questions around the following areas for each of their Talent Management processes:

  • What are the business drivers of the process? We're often met with a blank stare here.

  • How frequently do you perform the process? Once per year or is it a constant, ongoing process?

  • How standardized is the process across your organization?

  • What kind of visibility does the process provide into key measures and organizational trends?

  • Who owns the process? HR or the business - or both?

  • What technologies support the process? Technology is an enabler of increased standardization, visibility, and process integration

  • How integrated is the process with other talent management processes?

  • What metrics do you use to measure the effectiveness and business impacts of your process? Often, another blank stare here.

 

Obviously, in depth analysis is required to determine how to improve your organization's processes. But by asking key questions you can learn quite a bit about where your organization is now, and where you want it to be in 1, 3, 5 or 10 years.

 

So what is your organization? Toddler? Kindergartener? Adolescent? Adult?

 

 

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At Knowledge Infusion, we are constantly expanding our individual and collective knowledge of the Human Capital Management and Talent Management domains. Information comes through a variety of channels including this recommendation from one of our clients.

 

The book is titled "Results" by Gary Neilson and Bruce Pasternack. I haven't read it all, but have focused on a chapter titled "The Resilient Organization". The content is interesting to me because it speaks to the same mantra that Knowledge Infusion does on the importance of vision, alignment, adaptability, and moving the goalpost every three years.

 

Some excerpts:

 

"Flexible enough to adapt quickly to external market shifts, the Resilient organization remains steadfastly focused on and aligned behind coherent business strategy......Resilient is the healthiest of all organization types (compared to the Passive-Aggressive, the Fits and Starts, the Outgrown, the Over-managed, the Just In Time, and the Military Precision organizations). It is in good working order... They're always scanning the horizon for the next competitive battle or market innovation."

 

"Nothing exists "just because" in the Resilient organization; every position, process, and policy has a purpose...and that purpose is aligned with the strategic objectives of the enterprise." (Reminds me of Knowledge Infusion's trilogy of People, Process, and Technology).

 

This just scratches the surface...might be worth a read for you as well!!

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This is the second installment in a series of unvarnished perspectives on the HCM and Talent Management software space.

 

In our work at Knowledge Infusion, were often asked by clients whether it would be valuable for them to attend user conferences for various HCM or Talent Management vendors in the space. Despite the fact that my Knowledge Infusion colleagues and I often present at these events, the way I usually respond is: Yes, it's possible to get valuable information from these user conferences - if you understand how these user conferences are run.

 

Having viewed these conferences from multiple perspectives - as an SME presenting for the vendor side; as an SME presenting from the perspective of a vendor partner; and as a customer attendee, I've developed an (albeit colorful) view of what drives these conferences. I tell my clients, if you understand the three tenets of user conferences, you will be able to navigate the user conference and extract as much value as possible. So at the risk of ruffling the feathers of my friends on the vendor and analyst side, here it goes:

 

Tenet 1: Fish In a Barrel - Understand that to vendors, these user conferences are mostly sales/marketing events. It enables them to garner a lot of press and analyst coverage, while at the same time assembling a large number of their customers in one place to feed them marketing messages and sales pitches. If you're an executive with the budget to purchase software, the vendors may offer to bring you out to their conference all expenses paid. This will give their sales folks the opportunity to corner you in a room and pitch their products. To the vendors, assembling this many customers and analysts in one place is like shooting fish in a barrel.

 

Tenet 2: Hey! Look! Free KoolAid!! - If you watch how analysts usually cover user conferences, it appears that vendors serve up huge vats of PR KoolAid and the analysts often drink the KoolAid freely and without question. The vendors use these events to introduce new "game changing" products and announce new partnerships - knowing that the announcements will receive broad analyst coverage. The conferences are usually accompanied by a flurry of press releases - creating a vendor/analyst echo chamber. Rarely will the analysts question whether the new products are "vapor ware," or question the wisdom of an announced partnership. These types of criticisms (if any) are usually reserved for analyst's personal blogs - often under the cloak of anonymity. It's interesting how software vendors and analyst firms sometimes seem to keep each other in business by creating a mutual admiration society.

 

Tenet 3: Fly Me Away - The (not-so-well kept) secret on the customer side of user conferences is that many of the attendees are simply trying to get a free trip to a desirable location on their employer's dime. That is why vendors tend to hold these conferences in locations like Las Vegas, New York, Orlando and San Diego (in Winter), etc.... The attendees aren't always looking for valuable information so much as they are looking to get out of the office for a few days and collect a suitcase full of marketing swag. It's important to sift through these freeloaders if you're looking to network with other customers and garner valuable information.

 

So, to summarize, how can you extract the most value from your user conference experience?

  • Realize the user conference is a sales/marketing event. Take vendor demos, press releases, and pronouncements with a grain of salt.

 

  • Don't drink the KoolAid. Look beyond the coverage of the analyst herd. Drill deep into products ability to meet your requirements before making a decision. This type of due diligence is not possible at a user conference.

 

  • If you're looking to network with other customers to compare notes, share best practices, and learn from each other, filter out those fellow customers that are there mostly for the conference's proximity to Disneyland.

 

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Here at Knowledge Infusion, when helping clients develop HCM processes, we often get asked "What is the best practice?"

 

Does anyone besides me have a problem with the term "best practices?" I find it particularly troublesome when refering to HCM processes.

 

The use of best practices and comparative benchmarking is perfectly suited to the manufacturing functions as well as highly technical fields (finance, accounting, etc...) from whence the use of best practices arose. However, when applied to the human and cultural factors that make organizations unique, the term just does not ring true for me. That would be like me asking experts "What is the best practice for developing my personality?"

 

Although prescribing internal best practices to HCM activities within your own organization based on your business needs and the experience you're trying to create can definitely be valuable, I find the use of the term when comparing one organization's HCM practices to another organization's distressing. It harkens back to the peer pressure of high school: Who's wearing the right jeans? Who's smoking? Who's hanging in what clique? Who's using the right software? Who hired the "right" consulting firm?

 

 

I'm not saying making comparisons can't be valuable, but who really determines what "best practices" are? Software vendors? Consulting firms?

 

 

Having spent time in the HCM vendor space, I know that software vendors use the term rather loosely. For most vendors, best practice processes are exactly what they claim to deliver with their applications. Of course... How could it be any other way? The real question for vendors is: Which came first, the best practice or your software?

 

 

Consulting firms also wax eloquently about best practices. However, when you ask, it will usually be their most recent client that had the best practice processes. Of course...How could it be any other way?

 

 

The "straight dope" on HCM best practices is that the HCM field is still in its infancy and no true best practices exist. The constant evolution of HCM technologies allows every organization the opportunity to create their own best practices based on their business needs and their organization's values. Organizations should look inward first to determine what they are trying to accomplish with their HCM processes and then set their path to achieving those goals.

 

 

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As a Knowledge Infusion consultant, it's my job to work with organizations to define their HCM and Talent Management strategies and create actionable plans to begin to execute on that strategy. As part of this process, we do an extensive review of the existing HR Technology infrastructure and conduct discovery interviews with stakeholders to glean current insights. Once complete, we analyze and synthesize the data collected to determine elements of the initial recommendation list. We then conduct an iterative review of the material and begin to refine the list to arrive at the final recommendation set and action plan. This entire process is aimed at creating a strategy poised to deliver not just HR value, but business value.

 

Often times during this process, I run into issues that are tough to deal with. I uncover significant deficiencies that will be a challenge for the client to deal with and overcome. This sometimes comes in the form of a series of bad or misguided technology decisions that detract from achieving stated goals. When I find myself in these situations, I am compelled to speak up. It's my obligation to tell the client what they may not want to hear in order to get them where they want to go. It's my job to deliver the bad news and turn it into a plan that aims to transform HR. It's through this approach and committment that together with clients, we develop a strategy that is not only achievable, but also produces true business value.

 

 

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