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Developing Talent: The Magic Bullets

What are the keys to developing your critical talent?





Competency Models

Organizations often create and implement a managerial or leadership competency model which has 10 or fewer competencies (such as customer service, integrity, and communications). In these cases the competencies are usually more a value statement that, while important for many jobs, does not define their total palette of required leadership competencies.

How do you create a competency model that has impact? Do competency models differ by job level or business function? Is there one universal competency model that works across all organizations? What is the economic value or ROI for the right competency model?

Publications - 1 / 4

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Best practices in developing and implementing competency models
Extensive research has identified the competencies required for leaders to succeed. The best method for integrating talent management throughout an organization is to use competency models as the foundation for all aspects of strategic HR, including selecting, developing and deploying talent. When competency modeling efforts are sponsored by senior leaders, aligned to strategy, and based on validated research, that leads to increased shareholder value, studies have shown.
Date: 10/08/2010
Authors: J. Evelyn Orr,  Craig Sneltjes,  Guangrong Dai
 
The World is Flat...And so are Leadership Competencies
To succeed in today’s economy, organizations must possess global leaders with the right knowledge, experience, and competencies. However, many multinational companies resist identifying and developing talent globally largely because of the assumption that global leaders in different regions of the world possess and need significantly different skills.
Date: 08/02/2010
Authors: Kenneth P. De Meuse,  King Yii (Lulu) Tang,  Kevin J. Mlodzik,  Guangrong Dai
 
Knowledge Summary Series: 360-Degree Assessment
A look at three critical groups that provide assessment data in the feedback process.
Date: 09/04/2006
Author: Robert W. Eichinger
 
Patterns of Rater Accuracy in 360-Degree Feedback
Who is the most accurate rater in 360 degree feedback?
Date: 08/18/2004
Author: Robert W. Eichinger
 
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