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Digital transformation � a guide for talent management | TMI

Tminstitute26 May, 2021Education

According to an IDC whitepaper (?The Digitization of the World ? From Edge to Core?), two-thirds of global CEOs reported an intent to move to a digital-first focus. Given how digital technology can transform most, if not all, aspects of work, its potential and implications for HR are in no doubt! Getting it done ? that is the true obstacle and the final goal.

Talent Retention Strategies for Business Leaders in 2021 | TMI

Tminstitute26 May, 2021Education

In the field of human resources, turnover refers to replacing an existing employee with a new employee. It is a big loss, as a position falls vacant for some time, the new hire may require additional training or other support, and there could be a loss of productivity in the interim.

Getting HR future-ready � what HR operating models must consider | TMI

Tminstitute26 May, 2021Education

Change is inevitable in the world of business, but how does that affect HR? Long the department that was essentially administrative in its work, its role is changing rapidly, and the pressure is on HR to prove its relevance in the future of work. And how can HR leaders do that? According to the ?Future of HR 2020? survey from KMPG, 60 percent of executives believed that without a modern approach to plan future needs of the workforce, the HR function would surely lose relevance, fast! Consider the following:

Analyzing the talent gap � the key to workforce planning | TMI

Tminstitute26 May, 2021Education

There is a talent gap in the job market ? and it is a serious one! - 70 percent of actively-hiring employers report a skill shortage - 43 percent of employers say applicant numbers are sufficient but their skills are not What are the top skills sought by employers? Technical or core skills are not all that employees must have in the present day. The employer of today wants a mix of different skill types:

Talent management strategy � the gateway to great performance | TMI

Tminstitute26 May, 2021Education

Talent management is not just about managing the people working for an organization ? it has a significant bearing on organizational performance. Sample the following from a McKinsey survey: As high as 99 percent of respondents reporting very effective talent management say they outperform their competitors Just 56 percent of respondents not reporting very effective talent management say they outperform their competitors

Want an agile enterprise? Focus on employee skills! | TMI

Tminstitute26 May, 2021Education

Does agility matter for companies? McKinsey research suggested so ? 70 percent of agile companies were also in the top 25 percent of companies ranked on organizational health. But why the renewed focus on agility? The answer: COVID-19. Given how it has affected all aspects of business, it has meant businesses need to respond quickly and flexibly to changing circumstances i.e. they need to be agile.

HR and Organizational Development � Two Sides of the Same Coin? | TMI

Tminstitute26 May, 2021Education

Possibly the department with which a professional interacts the most frequently in the course of work life, human resources is said to have originated in the early 20th century. Back then, the focus was from hiring to retiring, and on managing the administration and compliance therein i.e. the function was transactional.

The C-suite as the talent strategy spearhead � why and how | TMI

Tminstitute25 May, 2021Education

That talent is critical for the modern organization is not in dispute. If a company is to thrive, it is essential to align the talent strategies with those for business. And this alignment is not a one-time matter, but in fact needs constant calibration in line with regular strategic shifts coming from ongoing disinvestments, digital transformation, M&A, and other events.

Why your hiring must include personality assessment | TMI

Tminstitute25 May, 2021Education

Candidates have always been screened. True, but a polished CV does not always tell all. Education and experience levels do not give the complete picture, and there is more to a candidate than where he/she has studied and worked. The right hiring requires predicting the chances of future success.

Talent management and the 9-box grid � what you must know | TMI

Tminstitute25 May, 2021Education

Assessing the performance of employees is essential to planning their career paths and ultimately transitioning them into future, senior roles? otherwise known as succession planning. When performance is properly assessed, it becomes easier to identify and coach and those with potential to become leaders in the future. This helps to understand the fit of team members with their roles, and grooms them for future growth within the firm.