Tel +254 (0)20 606155, 606268, 606380 Fax +254 (0)20 607498 Mobile +254 (0)722 25 428, (0)733 618 135 Email info@strathmore.edu www.strathmore.edu CAREER COACHING AND TALENT MANAGEMENT After appraisals, HR needs to deal with some issues Coaching Career advise Mentoring Mentoring Vs Coaching Mentoring = advising, counseling, guiding. To help employed navigate long term career hazards
Both require a lot of interpersonal skills Coaching = teaching short term job related skills. Educating, instructing, training.
Mentor Vs Coach Steps in coaching Preparation observational process eg workflow, interactions, waste, accidents etc Planning agree on steps to take & measures of success etc Active coaching Follow up
. Read more. Career management The process of enabling employees to better understand and develop their career, skills and interest and to use these more effectively
Question Did you achieve what you wanted to in your career or did your potential go unfulfilled? Career planning The deliberate process of becoming aware of personal skills, interests, knowledge, motivations etc and establishing action plans to attain specific goals
Career development lifelong activities that contribute to a persons career explorations, success and fulfillment
Careers today Employees need to reinvent themselves due to changes e.g. mergers, downsizing, outsourcing etc from a sales rep to accounts More women are pursuing professional and managerial careers Career needs change. Baby boomers were job and employer focused but generation Y value flexi work arrangements and balanced lives ..read more on your own
Questions The rise of the female manager, pressures and challenges.
The challenges of dealing with four generations in the workplace Promotion and transfers
Promotions and Transfers Are important aspects of careers Promotion advancements to positions of more responsibility. Change in income & status Transfers reassignments to similar positions in other parts of the firm. No change in responsibility or remuneration. Transfers more common than promotions How do you make sound promotion decisions? Seniority vs competence. Which? Formal promotion policy How to measure competence. Project future performance, not past Avoid bias eg gender, minorities Follow the law eg avoid retaliations
Transfers 2012 Reasons for transfers Shortage in a department Incompatibilities worker vs. manager, colleagues Wrong initial placement Change in interest/capacity of employees Monotony Employees Health Family reasons Types of transfer Involuntary or Production transfer avoid lay off of surplus in one dept. Usu part of restructuring Replacement transfer esp. junior with snr. Good? Versatility or remedial transfer for employees to be be versatile/competent. Can rectify not ideal hire or a preparation for the two above. Shift transfer on rotation or request. Common in industries Voluntary transfer to a position of lower pay on employee request. Reasons?
Retirement Managing retirement Is a long term issue for employers For many reasons, there is a shortage of talented workers In a US survey, 78% of employees wish to continue working after retirement age. Why? Therefore, retirement planning involves moreit includes ways of helping employer to retain in some capacity the skills of those who would normally retire and leave the firm. Methods Create a culture that honours experience (welcome older workers Modify selection procedures eg role play not psychometric testing Offer flexible part time work. Make staying more attractive than leaving Phased retirement programmes eg reduced work hrs, reduced responsibilities, job changes, move to independent consultants etc Pre retirement counseling To help employees prepare better for retirement Areas to counsel: Benefits advise eg NSSF Financial investment Health, Leisure Psychological Second careers in/out of the firm
Talent Management The automated end to end process of planning, recruiting, developing, managing and compensating employees through out the organisation Simply said it is the process of attracting, selecting, training, developing and promoting employees through an organisation It is career management from an employers perspective. Employee wants sucessful career, employer wants best use of corporate talent Need a talent MIS. Software now available. To integrate succession planning, recruitment, learning and employee pay Enables employer to maintain a more integrated system and set of decisions Assignment 1. What are some of the challenges Human Resource Managers are facing in their efforts to recruit and retain a productive workforce? 2. What are the elements of a good compensation and benefits package? Give local examples 3. What factors determine the level of pay in organisations? 4. What are some challenges HR managers face in designing compensation systems.