Mary L Bennett, MBA, CEC, CIA MLBennett Consulting LLC
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1 Mary L Bennett, MBA, CEC, CIA MLBennett Consulting LLC
2 Talent and Organizational Effectiveness Empowerment Engagement; Differences & Similarity Organizational and Individual Conclusions Confidential Material- MLBennett Consulting 2
3 The Link Between Talent & Organizational Effectiveness? Knowledge Businesses Must Focus on This Confidential Material- MLBennett Consulting 3
4 Empowerment is a Continuous Process Confidential Material- MLBennett Consulting 4
5 Why do: People with similar opportunities often accomplish very different things? Some people with out the advantages others may have appear to accomplish more and have greater success? Some people with all obvious opportunity and advantage sometimes live unfulfilled lives? Confidential Material- MLBennett Consulting 5
6 Enable.Make Possible Provide Means and/or Opportunity..Create Capacity Enable talent in your organization to: Determine what they want Determine how to get there Act on goals/desire/vision Stick with it Confidential Material- MLBennett Consulting 6
7 What allows humans to feel powerful in our life? Confidential Material- MLBennett Consulting 7
8 Empowered and well rounded individuals: Commitment Discipline Support Systems Inner Guidance Lightness (Fun) Relationships Authenticity Confidential Material- MLBennett Consulting 8
9 Talent is Rarely Developed in Isolation Confidential Material- MLBennett Consulting 9
10 We did this on our own The best talent will survive and thrive The best talent makes it s own opportunities Confidential Material- MLBennett Consulting 10
11 Understand and value difference and similarity Growing talent requires investment and engagement Confidential Material- MLBennett Consulting 11
12 Polling Question: Are your organization's managers and leaders engaged in talent development? Confidential Material- MLBennett Consulting 12
13 Understand, Value Difference & Similarity Get to know individuals Why are they here? What is important to them? What is their definition of success? Why? Are they excluding any opportunities? Why? Establish trust by sharing information about your journey and goals Do they feel part of the organization? What makes them feel at the center? What makes them feel on the outside looking in? Confidential Material- MLBennett Consulting 13
14 Consider the sources of personal power Strengths? Weaknesses? Intersections? i.e.; discipline issues show up on multiple areas of life such as work, money, health Specific and consistent feedback measures are necessary Confidential Material- MLBennett Consulting 14
15 Reinforce Value and Potential Paths In what ways is their uniqueness of value to the firm? In what ways is their similarity of value to the firm? Paint the picture of where they can go Confidential Material- MLBennett Consulting 15
16 Understand how each person: Experiences the culture of the organization Views the intersection of their personal and professional lives- these are no longer compartmentalized Give them the tools for empowerment Confidential Material- MLBennett Consulting 16
17 Why should we work to be inclusive? Research shows that support systems are critical to the retention and development of high potential talent. These support systems do not form as naturally with a diverse population. We may unintentionally provide survive and thrive training unevenly. Those trained, most often survive and thrive. Confidential Material- MLBennett Consulting 17
18 Effective Organizations Hire the Best Team, Not the Best Person Confidential Material- MLBennett Consulting 18
19 Polling Question: To what degree does your organization understand the concept of building the best team? Confidential Material- MLBennett Consulting 19
20 What do we need as an organization? Now? In the future? The most common blind spot: Performance vs Potential Confidential Material- MLBennett Consulting 20
21 Developing High Potential Talent Leaders often confuse potential and performance Strong performers may plateau Performance Past Potential Future Confidential Material- MLBennett Consulting 21
22 There are other things we look to as well. Judgment Drive/Initiative Ability to delay gratification (sustainable effort towards long-term goals) Ability to build and maintain good relationships Not too narrow an orientation Ability to do perspective taking Ability to reflect Desire to lead (others desire to follow) Integrity Stress processing Emotional stability/predictability Confidential Material- MLBennett Consulting 22
23 As an organization we need a clear vision of the type of talent we need The most effective organizations are those with diversity of thought at the leadership level and within teams. Complexity in business requires organizations to focus on building the right team that collectively brings diverse talents and perspectives Confidential Material- MLBennett Consulting 23
24 Maximizing Talent is an Organizational and Individual Process Confidential Material- MLBennett Consulting 24
25 Organizational Strategies Organizational Leadership Needs Defined Trained Coaches/Advisors Interactive Process Accountability Formal Feedback Consistent Interaction & Follow Up Confidential Material- MLBennett Consulting 25
26 Talent Development Strategies Coach/Advisor Programs Assigned performance coach/advisor Coaches and coachees trained on the program, skills, outcomes Specific consistent process and goal setting Periodic feedback & annual feedback summary Follow up & accountability is required for success Confidential Material- MLBennett Consulting 26
27 Developing talent potential is all about each individual learning to increase their contribution to the organization Strategies provide: Organizational Knowledge Self Discovery Targeted Skill Building Support Systems Confidential Material- MLBennett Consulting 27
28 Effective Organizations Hire the Best Team, Not the Best Person Empowerment is a Continuous Process Maximizing Talent is an Organizational and Individual Process Talent is Rarely Developed in Isolation Understand and value difference and similarity Growing talent requires investment and engagement Confidential Material- MLBennett Consulting 28
29 Mary Bennett Confidential Material- MLBennett Consulting 29
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