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THE TALENT MANAGEMENT HANDBOOK:
Creating Organizational Excellence by
Identifying, Developing & Promoting Your Best People


Edited by :
Lance A. Berger
Dorothy R. Berger

Preface

       The Talent Management Handbook is designed to assist organizations in creating and maintaining excellence through proactive talent management. Based on research, our firm's consulting assignments, and the input of the preeminent contributors to this book, we conclude that sustainable organization excellence is achieved through three strategies for managing human resources. These are:

1. Identifying, selecting, and cultivating Superkeepers. Superkeepers are employees who have demonstrated superior performance, who have inspired others to achieve superior performance, and who embody the core competencies of the organization. They are role models for success and the organization can neither afford to lose them nor fail to take advantage of their ability to contribute to organization excellence. Typically, no more than 3% to 5% of an organization's workforce are classified as Superkeepers.
2. Finding, developing, and positioning highly qualified backups for key positions. Key positions are critical to organization continuity. They cannot be vacant for any length of time nor can they have less than a highly qualified, readily available backup. Typically, no more than 8% to 12% of an organization's positions are classified as key.
3.

Allocating resources (compensation, training coaching, etc.) to employees based on their actual and/or potential contribution to organization excellence. An organization will not accomplish anything if it invests in everything. Therefore, an organization must invest in employees based on a clear hierarchy of contribution.

After Superkeepers, the hierarchy of investment includes Keepers. These employees exceed performance expectations, help others to improve their performance, and exceed expectations in demonstrating organization core competencies. They represent between 20% and 25% of an organization's workforce. Large investments should be made in this group. Solid Citizens represent about 70% of the workforce. They meet expectations for performance, enhance the work of others, and meet expectations in demonstrating organization competencies. Organizations invest in enhancing this group to ensure that Solid Citizens continue to contribute to organization success. They must not invest at the same level per employee as they do for Superkeepers and Keepers.

Last, there are Misfits. This group contains employees who do not meet organization expectations for performance, working with others, and /or organization competencies. Some remedial investments might be made with this group, but unless a Misfit rapidly becomes a Solid Citizen, the "plug" should be pulled on all investments and the employee should be terminated. Typically, no more than 5% of an organization's employees are designated as Misfits. The book is organized into seven parts. The arrangement of the chapters is designed to provide the reader with a series of logical steps to realizing the benefits of the three strategies stated above.

        Part I presents a comprehensive approach to talent management. It shows how the various assessment, planning, and implementation elements can be integrated into a single talent management approach that addresses the three human resources strategies. Each talent management component described in this part is explored more deeply in other parts of the book. This part also frames the external talent management forces that impact on talent management
activity.

        Part II focuses on examining each of the talent management building blocks. The blocks are assessment tools that are used to build the talent management plan and create the basis for associated development actions. The blocks are organization competencies, performance appraisal, and forecast of potential. They are essential for the accurate placement of employees into the various investment categories and, in particular, the identification of Superkeepers.

        Part III shows how the building blocks identified in the preceding section areassembled into a talent management plan. The talent management plan identifies the actions necessary for an organization to align its current human resources capabilities with its current and future organization requirements. This chapter also illustrates different perspectives on the talent management planning process.

        Part IV focuses on helping organizations ensure employees from diverse groups are represented in their reservoir of Superkeepers, Keepers, and Solid Citizens.

        Part V describes the actions an organization can take to improve its employees' capabilities for meeting the requirements of the talent management plan. The emphasis in this part is on coaching and mentoring, since the editors believe that the overwhelming investment in employee improvement is made on an ongoing basis through constructive dialogue and feedback from many organization levels (boss, peers, functional experts, etc.). We do not emphasize technical aspects of training and development, since this topic is well covered in other books and widely available through the resources of the American Society for Training and Development.

        Part VI presents a set of reward approaches designed to properly allocate compensation dollars to employees based on their current and/or projected value contribution to the organization. The effectively distributed combination of career development, coaching, and rewards is a powerful way to reinforce the three key talent management strategies.

        Part VII provides a straightforward overview of the various types of computer approaches that support talent management. It is intended to be a starting point for a much deeper exploration of the technology necessary to support an organization's human capital needs.

Acknowledgments

The editors wish to thank our blue-ribbon group of contributors who have honed their skills as practitioners and theoreticians over many years of experience on the battlefront and in the think tanks of talent management. They have generously provided their time and expertise to provide guidance to those involved in talent management.

The Talent Management Handbook is dedicated to our colleague, Edward Straub of Aon Consulting, who did not survive September 11, 2001, to our cousin, Jack Berger, who did survive, and to all impacted by this terrible event. Every human being is ultimately a Superkeeper-an irreplaceable member of his or her business community, family, and society.

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Superkeeper is a trademark used exclusively by Lance A. Berger & Associates, Ltd. "Superkeeper" in any context cannot be used without the consent of Lance A. Berger & Associates, Ltd

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Lance A. Berger & Associates, Ltd.

17 Courtney Circle
Bryn Mawr, PA 19010
(610) 525-5332
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