Understand Your Company's Talent Philosophy

For talent strategists, Marc Effron's "Understand Your Company's Talent Philosophy" is a must read.  The Talent Strategy Group created a Talent Philosophy Survey™ to help executives focus on consistent, strategic guidelines to inform talent decisions.

Effron's research suggests that if leaders managed "talent" as they do "product", companies would have clear guidelines on measuring performance, agreement on how to differentiate investment in high performers and a consistent approach to transparency regarding leaders' advancement within a company. 

The questions below are from the Talent Philosophy Survey™.  How would your executive

team respond to each?

• Performance: How long is it OK to be an average (50th percentile) performer in your organization today? How long should it be in the future?

• Behaviors: To what extent do a manager’s behaviors impact their career progress and compensation today? How much should they in the future?

• Differentiation: How much larger of an investment do you make in your highest potential leaders compared to an average potential leader? What should this difference be in the future?

• Transparency: How transparent are we today with employees about their career potential in our organization? How transparent should we be?

• Accountability: How accountable are managers today for increasing their team’s engagement? How accountable should they be in the future?

Here is the link to the complete article:

http://talentstrategygroup1.com/wp-content/uploads/2013/01/Whats-Your-Talent-Philosophy1.pdf