HRHeadStart #49: Talent Reviews; Procrastination; Small Changes - Big Impact
The Talent Agenda
Let’s build on the previous week’s idea of building a Talent Production Line.
There’s probably no other business process as important as selecting and investing in future leaders of the organization i.e. the Talent Review Process. It ultimately contributes to the organization’s future strategy, execution and culture. Poor choices can put the business at risk, shape unfavorable cultures, waste investments and derail careers.
The purpose of the talent review process is to map the business needs of the organization against the capacity, capability and potential of the people within it. It is also often the mechanism through which High Potential employees and successors are identified. Finally, it involves creation of accelerated development plans to ensure that the talent will be ready at the time of need.
However, this process can be hinder by a multitude of factors such as high process complexity, vague definitions of potential, shallow discussions and poor execution of development plans. Check out this article on what makes for an effective talent review process.
We are all procrastinators. We know it does not make rational sense, but we do it anyway. In this funny and engaging TED Talk, Tim Urban shares about what goes on in our brains while we are delaying things we ought to do and how procrastinating on hard things can lead to quiet suffering, discontent and regret.
Small changes may seem trivial at first, but can compound into massive impact.