tailieunhanh - Diving Into the Deep End of the Internal Talent Pool

One of the key issues facing businesses today is bench strength. Although, the overall number of people entering the workforce is increasing, most of those people are entry-level. As many experienced workers reach retirement age, companies are forced to look to their internal talent pool to fill leadership roles. So, how do you make sure that your organization has the bench strength it needs to succeed, now and in the future? | Diving Into the Deep End of the Internal Talent Pool One of the key issues facing businesses today is bench strength. Although the overall number of people entering the workforce is increasing most of those people are entry-level. As many experienced workers reach retirement age companies are forced to look to their internal talent pool to fill leadership roles. So how do you make sure that your organization has the bench strength it needs to succeed now and in the future 1 Identify and define the corporate competencies essential to organizational success. It is imperative that organizations know what sets them apart from their competition. What makes your organization different Maybe you provide great customer service have extensive product knowledge or provide industry expertise. Once you identify the qualities that make the organization unique it is time to identify the underlying competencies. Competencies are a set of behaviors that encompasses skills knowledge abilities and personal attributes that are critical to successful work accomplishment. What behaviors are required for success in leadership roles What behaviors are required by employees in each area of your organization Determine what skills are necessary today and what skills will be necessary in the future in order for employees and the organization to be successful. Then go a step further and define what each competency means to the organization. For competencies to be true differentiators you need to customize them to express your organization s corporate values. Be as specific as you can in your definitions if you use generic competencies and generic descriptions you will end up with generic results. 2 Assess and develop your employee s competencies. The one valuable asset that every organization has in common is its employees. In order for organizations to hire effectively they need to identify internal talent and determine what kind of talent they need. Organizations that conduct disciplined .