How To Be an Employer of Choice - PowerPoint PPT Presentation

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How To Be an Employer of Choice

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How To Be an Employer of Choice FIRMA 25th Annual Risk Management Training Conference Session Objectives Attracting and Retaining Talent Development Generational ... – PowerPoint PPT presentation

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Title: How To Be an Employer of Choice


1
How To Be an Employer of Choice
  • FIRMA 25th Annual Risk Management Training
    Conference

2
Session Objectives
  • Attracting and Retaining Talent
  • Development
  • Generational Challenges
  • Measuring Success
  • Succession Planning / Three Deep

3
My "Lens"
4
My "Lens"
The views expressed today are my own and do not
necessarily reflect those of Edward Jones Trust
Company, or its affiliated companies.
5
  • What risks are associated with NOT becoming an
    employer of choice?

6
Attracting and Retaining Talent
  • Competition for Talent
  • Don't believe your own PR
  • Winners want to be on winning teams
  • Compensation is Important
  • But not everything
  • Environment / Climate
  • Defined reward structure tied to success

7
Questions for Leadership
  • What does success look like?
  • Who is accountable/responsible?
  • What are you rewarding?
  • Alignment is Essential !

8
Employment Value Proposition
Attraction to Join
Commitment to Stay
  • Organizational Stability
  • Compensation
  • Work-Life Balance
  • Future Career Opportunity
  • Development Opportunity
  • Respect
  • Leader Quality
  • Supportive Work Environment

Source Corporate Leadership Council 2006
9
Types of Leadership Responsibilities
  • People Leadership
  • Thought Leadership
  • Process Leadership
  • Project Leadership
  • Individual Contributors
  • What are the measures?

10
Recommended Read
  • First WHO
  • Then WHERE

11
Take Note
  • Do you have some empty seats on your bus?
  • Who should get off the bus?
  • Who is in the wrong seat on the bus?
  • Define the success competencies associated with
    each position.

12
Recommended Read
  • How does your organization learnfrom its
    experiences?

13
Development Issues
  • Candid Fair Performance Assessments
  • All performance is not above average
  • Have difficult conversations with respect
  • Emphasize objective measures
  • Conduct Talent Reviews
  • Who is ready for more responsibility?
  • Deliberate development plans
  • Keep it Strength Based
  • Recognize Differences in Learning Style

14
Additional Resources
  • Myers-Briggs Type Indicator
  • Kolbe A Index
  • DiSC Profiles
  • Change Style Indicator
  • Human Synergistics Simulations
  • Teams need practice being a Team.
  • Practice Team Decision Making.

15
Generational Challenges
  • Greatest
  • Traditionalists
  • Baby Boomers
  • Gen X
  • Millennials

16
Development and Work-Life Balance
  • Rotational Development Programs
  • Job Sharing / Flex-Time
  • Leader Development Programs
  • Cross-functional Project Teams

17
Success Measures
  • Turnover Rate
  • Number of Positions with Three Deeps
  • Size and Diversity of Candidate Pools
  • Exit Interviews
  • Climate Survey Results

18
Questions?

19
Thank You!
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