Tool for identifying & retaining key talent in organizations - 9 box grid Background to the Nine Box Grid The nine box grid or matrix, is believed to have originated within McKinsey to assess different business units and to prioritise the investment in individuals. This was developed for GE in the late 1960s and 1970s to enable them assess the potential of individuals in its business and prioritize their investment and overall strategy. It is claimed that it is based on the Boston … [Read more...] about Nine Box Grids for Talent Management
Succession Planning or Contingency Planning is one of those things that is often talked about, but often considered too complex for many smaller businesses to understand - or even justify the perceived cost of undertaking such activity. And yes to those in the know, Succession Planning can be one of the most important human resource functions to sustaining business performance. What is Succession Planning? The CIPD define Succession Planning as: as a process for identifying and developing … [Read more...] about Succession Planning or Contingency Planning
Seeking the Potential of, and in our People Often we talk about succession planning, or talent management and identification. But do we really know what talent is - or how to find it? Many organisations use tools like the Nine Box Grid or one of the many other talent management frameworks to identify, map and ultimatly manage talented people. But as the old saying goes - rubbish in --- leads to --- rubbish out. Identifying Talent Potential So when we are looking to identify … [Read more...] about Talent Management & Identification – who are we kidding?
How does your company select its' supervisors, team leaders or managers? More often than not, the "best" technical person in the department is selected to both aid their retention and to solve a "gap" in the organization. This is fine in theory - but in practice will fail more than it succeeds. The skills and attitudes required to be an effective team leaders or manager are very different from being technically competent. Indeed one may argue that know HOW to do the job may be a disadvantage … [Read more...] about A high performing individual does not make a good manager/ team leader
Using Mentoring to Effectively Develop Team Leaders Team leader and middle management mentoring is rapidly becoming the “must have” in replacing conventional and costly internal training programmes. With the changing economic climate presenting new challenges every day, many middle managers lack the skills and experience to make informed decisions. Worse – much of the management development over the past 10 years has focused on systems and growth, not survival and sustainability, certainly … [Read more...] about Team Leader Mentoring (Management Mentoring)
Focus on development Identify lynch-pin positions Make it transparent Measure progress regularly Keep it flexible Source: Conger and Fulmer … [Read more...] about Five ways to make leadership succession planning work