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Coaching for Leaders

155: Three Strategies to Build Talent in Your Organization, with Mark Allen

Coaching for Leaders

Dave Stachowiak

Careers, Management, Business

4.81.6K Ratings

🗓️ 25 August 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

Mark Allen: Aha Moments In Talent Management

Mark Allen is a professor at Pepperdine University and author of The Corporate University Handbook* and The Next Generation of Corporate Universities*. He just released his newest book, Aha Moments in Talent Management*. In this conversation, Mark and Dave discuss practical strategies that you can use to develop talent in your organization.

Key Points

“Having better people is the best source of competitive advantage, so attracting top talent is a top priority. Be willing to do whatever it takes to bring in top talent. Do not let your own policies prevent you from hiring exceptional people.” -Mark Allen

  • Ask for the rationale for why rules are in place that are preventing talent acquisition

“The job of manager requires specific skills and abilities. Promotion should be based on the ability to do the next job, not performance in the current job. Good performance should be rewarded appropriately, but promotion should not be a reward for past performance.” -Mark Allen

“If you’re going to treat training and development as an investment, then you must be able to demonstrate a return on that investment. That means that every program should be designed to deliver a specific business result and should be held accountable for achieving that result.” -Mark Allen

Ask these two questions when planning your next talent development program:

  • How will this improve at least one key business result?
  • How will you measure it?

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Transcript

Click on a timestamp to play from that location

0:00.0

Do your talent management practices produce the results you want?

0:04.5

Yes? No?

0:06.5

Or like a lot of leaders, are you not sure?

0:09.5

Today, three strategies to manage talent for actual results.

0:14.7

This is Coaching for Leaders episode 155.

0:18.7

Produced by Innovate Learning,

0:21.2

Maximizing Human Potential. learning, maximizing human potential.

0:25.0

Greetings to you from Orange County, California.

0:30.0

This is coaching for leaders, and I'm your your host Dave Stahoviac.

0:35.0

This is a weekly coaching show to help us all be better leaders through

0:39.6

improved communication, human relations, and personal leadership.

0:45.0

And a term that we use in industry and academia

0:48.5

that encompasses a lot of those things

0:52.0

is the term talent management and that is the work that

0:55.6

organizations and leaders are doing in order to develop the most important

1:02.0

resource in every organization which is the talent, the people.

1:07.0

And that's why I am thrilled today to welcome someone who for many years has been an expert in the area of talent management and someone

1:16.9

who I have looked up to as a mentor in many areas and I'll share more about that in just

1:22.1

a moment and that person is Dr. Mark Allen.

1:25.3

Mark is an educator, speaker, consultant, and author who specializes in talent management

1:31.3

and corporate universities and he is the author of the new... in Talent Management and Corporate Universities.

1:33.2

And he is the author of the new book,

...

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